Below is a list of stocks to buy on Wednesday. These stocks are active and have the potential to break out this week. For more in-depth ideas, join my trading group -
Stock Picks Group
Check out my Stock Picks for 2016 -
Stocks to Buy 2016 -
Penny Stocks Picks 2016
MGT Capital Investment (MGT) - MGT is one of the top stocks in 2016, Up over 1,000%.
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Apple (AAPL) - Apple (AAPL) continues to grind higher after Warren Buffett took a $1 billion stake in the company. Apple (AAPL) is now a strong buy below $90.
Small Cap Bull 3x (TNA) - TNA dropped from $64.50 to $55.80 over the past three weeks. Continue to expect big moves in 2016 and beyond. TNA remains the best trading stock in the market right now.
Shake Shack (SHAK) - Shake Shack (SHAK) continues to hit resistance around $38. SHAK will break out one of these quarters and be a darling stock in 2017.
Tesla (TSLA) - Tesla (TSLA) continues to bounce near $200. The stock rallied from $135-$260 a few months ago so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
Twitter (TWTR) - Twitter (TWTR) is bottoming out right now near $14. Expect some big swings over the next three months followed by a rally into earnings. TWTR is an excellent trading stock.
Chipotle (CMG) - Chipotle (CMG) continues to rally off the bottom. CMG is a good long term buy down here.
China 3x Bull ETF (YINN) - YINN is now back down trading below $12. YINN will rebound this fall.
Keep an eye on CPXX & GLBS which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Globus Maritime (GLBS) is one of the
Top Performing Penny Stocks in 2016 - Also watch SSN & GSS.
Stocks to Watch - 5/18/16
Towerstream Corporation (TWER)
Top Image Systems Ltd. (TISA)
Net Element, Inc. (NETE)
Synthesis Energy Systems, Inc. (SYMX)
MGT Capital Investments, Inc. (MGT)
Coherus Biosciences, Inc. (CHRS)
Cemtrex Inc. (CETX)
RXi Pharmaceuticals Corporation (RXII)
Genocea Biosciences, Inc. (GNCA)
Tallgrass Energy GP, LP (TEGP)
Hercules Offshore, Inc. (HERO)
Carbylan Therapeutics, Inc. (CBYL)
Penn West Petroleum Ltd. (PWE)
Cenveo Inc. (CVO)
Venaxis, Inc. (APPY)