Vital Farms (VITL) Stock IPO Date: Opens Next Week

Pasture-raised egg producer Vital Farms plans to IPO next week under the ticker symbol "VITL."  VITL stock should be a Hot IPO as the company hits on a lot of key areas such as ESG, Organic, Cage-Free Eggs, and seems to go above and beyond to treat their hens with dignity.  The company isn't releasing a lot of shares so it has the potential to be a home run just like Beyond Meat (BYND) was.

Vital Farms (VITL) IPO Details:

IPO Price Range: Likely $18-$20
Float Shares:  7,812,500 (8,984,375 fully purchased by underwriters)
Share Outstanding: 39,175,767
Sales:  $140.7 Million in 2019 vs $106.7 million in 2018
Gross Profit: $42.9 Million in 2019 vs $34.8 Million in 2018

Vital Farms is an ethical food company that is disrupting the U.S. food system. They have developed a framework that challenges the norms of the incumbent food model and allows them to bring high-quality products from their network of small family farms to a national audience. This framework has enabled Vital Farms to become the leading U.S. brand of pasture-raised eggs and butter and the second largest U.S. egg brand by retail dollar sales. Their ethics are exemplified by their focus on the humane treatment of farm animals and sustainable farming practices. Vital believe these standards produce happy hens with varied diets, which produce better eggs. There is a seismic shift in consumer demand for ethically produced, natural, traceable, clean-label, great-tasting and nutritious foods. Supported by a steadfast adherence to the values on which Vital was founded, they have designed our brand and products to appeal to this consumer movement.

Stocks to Buy 7/27/20 July 27, 2020

July 27, 2020 - The stock market is dropping as we see heavy selling in technology.  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.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $10's last week as Bitcoin rebounds.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Tesla (TSLA) - Tesla (TSLA) dropped into the $1300's on Friday as technology stocks sell off.  I sold 1/3 of my position at $1.635 and now I'm planning to buy those back in the $1300's.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $15-$27 in the past month but is now seeing a correction.  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 Space.  SPCE is a strong buy below $18 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in two weeks.   More on BYND.....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I like the technology this company has and I plan to actively trade the HYLN IPO.

Nikola (NKLA) - I've been super bearish on Nikola (NKLA) above $40 but now shares have crashed into the $20's and $30's.  I began buying over the last two sessions and will buy again near $25.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Dow Jones Futures 7/27/20 July 27, 2020

Stock Market Futures for 7/27/20 July 27, 2020 - Twitter @StocksToBuy

The Dow Jones and Stock Market are volatile after Covid-19 caused the market to crash.  Will the stock market go up or down on Monday?  Keep tabs on the stock market futures which will predict the open on Monday.  If you invest or trade stocks, check out the links below to view my stocks picks for 2021.

Check out my Top Stocks Picks 2021 - Top Penny Stocks 2021 

Stock Market Futures - July 27, 2020

Dow Jones Futures - Up 68
S&P 500 Futures  - Up 10
NASDAQ Futures - Up 68
Bitcoin Price - 10,250
Gold Futures - 1936
Silver Futures - 24.26
Oil Futures - 41.10

Asian Markets ( Nikkei ) - 22,715

Dow Jones Futures - Tomorrow

Stock Ideas 2021 - Top 10 Penny Stocks to Buy

Follow @stockstobuy

Dow Jones Close 7/24/20 Stock Market Closing Prices

Stock Market Closing Prices - July 24, 2020 - http://stockstobuy.org

Dow Jones Industrial Average ( DJIA ) Close - 26,469.89 Down 182.44
Nasdaq Stock Market Close - 10,363.18 Down 98.24
S&P 500 Close - 3,215.63 Down 20.03
Bitcoin Price - 9,580
Tesla (TSLA) Stock Closing Price - $1430
http://dowjonesclose.com

Twitter - @StocksToBuy

Commodities Closing Prices - 7/24/20
Gold Close - 1900
Silver Close - 23.06

Oil Close - 41.26
Natural Gas Close - 1.80

The Dow Jones Industrial Average closed at 26,470 on 7/24/20, as the stock market dropped again.  Tech stocks continued to sell off and now I'm looking to add more Tesla (TSLA) after selling 1/3 at $1635.  On a brighter note, Bitcoin is back up around $9,600.  I added more Nikola (NKLA) today and plan to buy more in the future around $25.   As for my investments,  I continue to hold Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), Virgin Galactic (SPCE), Hyliion (SHLL > HYLN), Nikola (NKLA), and Fisker (SPAQ).  Check out my Top Stock Picks 2021.   Keep an eye on the Li Auto (LI) IPO due out in a few weeks - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Articles from Today:

Heavy Selling in Tech Stocks Drags Down Stock Market

Check out my Top Penny Stocks 2021 page for my latest penny stock picks.