Below is a list of stocks to watch on Thursday. These stocks are active and have the potential to break out this week.
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Shake Shack (SHAK) - Shake Shack (SHAK) begins 2020 trading in the $59's. I have been buying SHAK stock over the past two months and will continue to do so below $65. Long term, I feel SHAK shares will see $100 in 2020. More.....
Small Cap Bull 3x (TNA) - TNA hit a new 52 week high in the $73's last week. Shares continue to rebound and outperform the market but still have a lot of catching up to do. I like TNA below $60 and would rather buy SHAK right now. I plan to sell my TNA at $100.
Bitcoin Trust (GBTC) - GBTC is in a downtrend with the price of Bitcoin. Bitcoin dropped a lot recently but is still up 80% this year. The 2020 halving event is 5 months away and we will see Bitcoin surge before and after this event. GBTC is a strong buy below $9.
Tesla (TSLA) - Tesla (TSLA) is trading around $420 and is expensive with downside risk. Given the huge rally, now you understand why I've been so bullish on TSLA over the past four years. Shares are expensive above $400 so be careful.
Apple (AAPL) - Apple (AAPL) was upgraded with a $300 price target recently. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN) at $1850.
Mylan (MYL), DuPont (DD), and Mosaic (MOS) were the top stock gainers in the S&P 500 on Tuesday.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/2/20
FuelCell Energy (FCEL)
Viveve Medical Inc (VIVE)
Inpixon (INPX)
BioXcel Therapeutics Inc (BTAI)
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Shake Shack (SHAK) - Shake Shack (SHAK) begins 2020 trading in the $59's. I have been buying SHAK stock over the past two months and will continue to do so below $65. Long term, I feel SHAK shares will see $100 in 2020. More.....
Small Cap Bull 3x (TNA) - TNA hit a new 52 week high in the $73's last week. Shares continue to rebound and outperform the market but still have a lot of catching up to do. I like TNA below $60 and would rather buy SHAK right now. I plan to sell my TNA at $100.
Bitcoin Trust (GBTC) - GBTC is in a downtrend with the price of Bitcoin. Bitcoin dropped a lot recently but is still up 80% this year. The 2020 halving event is 5 months away and we will see Bitcoin surge before and after this event. GBTC is a strong buy below $9.
Tesla (TSLA) - Tesla (TSLA) is trading around $420 and is expensive with downside risk. Given the huge rally, now you understand why I've been so bullish on TSLA over the past four years. Shares are expensive above $400 so be careful.
Apple (AAPL) - Apple (AAPL) was upgraded with a $300 price target recently. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN) at $1850.
Mylan (MYL), DuPont (DD), and Mosaic (MOS) were the top stock gainers in the S&P 500 on Tuesday.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/2/20
FuelCell Energy (FCEL)
Viveve Medical Inc (VIVE)
Inpixon (INPX)
BioXcel Therapeutics Inc (BTAI)
