June 25, 2020 - The stock market continues to rally back to new highs despite Covid-19. Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.
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Beyond Meat (BYND) - Beyond Meat (BYND) rallied up to $167 recently but then sold off. While my $150 price target has been met, I'm looking for $200's in 2021. All eyes will be on earnings in six weeks. More on BYND.....
Tesla (TSLA) - Tesla (TSLA) seems to be hitting a ceiling below $1010 lately. Tesla was bought up quickly on a drop to $925 so expect this level to act as support again going forward. Tesla (TSLA) is a strong buy at $875 and below. More on TSLA....
Virgin Galactic (SPCE) - Virgin Galactic (SPCE) announced a big NASA deal for private space travel on Monday and shares soared back to $18. I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to sub-orbit. SPCE is a strong buy in the $15's and below.
Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half. I'm bullish on Bitcoin and GBTC for the rest of 2020. GBTC remains a strong buy on all major pullbacks.
Net Element (NETE) - NETE announced an upcoming reverse merger with electric car company Mullen USA. Mullen has a really nice looking EV so I'm expecting shares to do well going forward as long as this merger happens. I own NETE around $6.30 right now and will hold into the fall.
Other stocks to buy and hold for the long term - Slack (WORK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Disney (DIS), Netflix (NFLX).
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