Below is a list of stocks to watch on Tuesday. 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) soared above $70 last week after Goldman Sachs reiterated their buy rating with a $115 price target. SHAK is my largest position in my portfolio and I view pullbacks below $65 as a strong buy. Long term, I feel SHAK shares will see $100 in 2020. More.....
Beyond Meat (BYND) - Beyond Meat (BYND) hit the $130's last week but then dropped back near $100. After taking profits, I plan to buy back into BYND very soon. The McDonalds (MCD) partnership was expanded and will be rolled out in phases going forward. I believe that we may see a regional USA launch of the McDonalds PLT launch by the summer of 2020. I have a $200 price target for BYND shares in 2021.
Bitcoin Trust (GBTC) - GBTC recently soared into the $10's and is up 25% in 2020. GBTC is a strong buy below $8 if we see another major dip. The 2020 halving event is just months away.
Tesla (TSLA) - Tesla (TSLA) is trading around $500 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 $500 so be careful.
Apple (AAPL) - Apple (AAPL) continues to soar above $300 ahead of earnings. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN).
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/21/20
Evine Live (IMBI)
Platinum Group Metals (PLG)
Titan Pharma (TTNP)
Seneca Biopharma (SNCA)
Aptinyx (APTX)
Cleveland Biolabs (CBLI)
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Shake Shack (SHAK) - Shake Shack (SHAK) soared above $70 last week after Goldman Sachs reiterated their buy rating with a $115 price target. SHAK is my largest position in my portfolio and I view pullbacks below $65 as a strong buy. Long term, I feel SHAK shares will see $100 in 2020. More.....
Beyond Meat (BYND) - Beyond Meat (BYND) hit the $130's last week but then dropped back near $100. After taking profits, I plan to buy back into BYND very soon. The McDonalds (MCD) partnership was expanded and will be rolled out in phases going forward. I believe that we may see a regional USA launch of the McDonalds PLT launch by the summer of 2020. I have a $200 price target for BYND shares in 2021.
Bitcoin Trust (GBTC) - GBTC recently soared into the $10's and is up 25% in 2020. GBTC is a strong buy below $8 if we see another major dip. The 2020 halving event is just months away.
Tesla (TSLA) - Tesla (TSLA) is trading around $500 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 $500 so be careful.
Apple (AAPL) - Apple (AAPL) continues to soar above $300 ahead of earnings. Shares are somewhat expensive right now so I'd rather buy Amazon (AMZN).
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/21/20
Evine Live (IMBI)
Platinum Group Metals (PLG)
Titan Pharma (TTNP)
Seneca Biopharma (SNCA)
Aptinyx (APTX)
Cleveland Biolabs (CBLI)
