Below is a list of stocks to buy on Friday. 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 Investments (MGT) - MGT is one of the top stocks in 2016, Up over 1,000%.
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China 3x Bull ETF (YINN) - YINN surged back up near $13 as China bounced back. YINN will now have resistance located at $13.40 going forward.
Shake Shack (SHAK) - Shake Shack (SHAK) jumped back above $37 on Thursday after hitting the $34's earlier this week. SHAK will break out one of these quarters and be a darling stock in 2017.
Small Cap Bull 3x (TNA) - TNA surged back up above $62 on Thursday as the stock market gains momentum. Continue to expect big moves in 2016 and beyond. TNA remains the best trading stock in the market right now.
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. Resistance will be located up at $100.
Tesla (TSLA) - Tesla (TSLA) is now trading back up near $220. 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 breaking down again and trading in the $13's. 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.
Keep an eye on MGT & CPXX which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Alexco Resource (AXU) is one of the
Top Performing Penny Stocks in 2016 - Also watch UNXL & GSS.
Stocks to Watch - 5/27/16
Minerva Neurosciences, Inc. (NERV)
Atlas Resource Partners, L.P. (ARP)
Peak Resorts, Inc. (SKIS)
Rex Energy Corporation (REXX)
Flexion Therapeutics, Inc. (FLXN)
Barrett Business Services Inc. (BBSI)
Tilly's, Inc. (TLYS)
Genesco Inc. (GCO)
Advanced Semiconductor Engineering Inc. (ASX)
Fairmount Santrol Holdings Inc. (FMSA)
Siliconware Precision Industries Co. Ltd. (SPIL)
Eleven Biotherapeutics, Inc. (EBIO)