Our new stocks to buy list comes from Money Morning's Executive Editor Bill Patalon. Patalon has picked as many as 185 winners since he launched his Private Briefing investing service just three years ago.
Some of his recent recommendations, like Celldex Therapeutics (Nasdaq: CLDX), have brought gains as high as 648%. His pick Inovio Pharmaceuticals Inc. (Nasdaq: INO) brought readers a gain of 456% in just 14 months.
Patalon is a 30-year veteran analyst of business, economics, and financial markets. In his daily column for Private Briefing, he gives his readers invaluable investment advice, contrarian investing views, and the best stocks to buy to maximize gains.
He finds his stock picks from closed-door sessions with our team of investing experts and hours of analysis and research.
Here are five of the best stocks to buy that Patalon recommended this week...
5 Top Stocks to Buy This Week
Every year, Patalon hunts for new biotech stock winners from the annual American Society of Clinical Oncology (ASCO). It's an event with 30,000 attendees and 4,000 presenters. Following the event, some oncology stocks experience what Patalon calls the "ASCO Effect," or a run-up in share prices following the conference. Patalon recommended Bristol-Myers Squibb Co. (NYSE: BMY) in 2014 and the stock ran up 36.5% in the following year. Now, he's recommending a company at the forefront of the new "liquid biopsy" technology that could potentially revolutionize the way we detect cancer. Here's Patalon's ASCO stock to buy based on the incredible profit and medical potential this company offers...
The free-to-play mobile game Marvel: Contest of Champions has been downloaded nearly 31 million times since November. Average daily sales are $240,000. At that rate, the game's annual revenue could total $87.6 million. So what does that mean for investors? The company that developed it is private, but it's held by a venture capital fund that Patalon has been recommending to more aggressive investors. Investing in this fund is the best way to play this game - and this industry's - enormous growth...
E-commerce allows people all over the world to buy any product imaginable online and have it shipped directly to their home. But delivering these products right to your doorstep is extremely expensive. In fact, bringing the package from the warehouse to your doorstep is about 28% of the total shipping cost. But one company has figured out how to help these companies make their massive quantities of deliveries. It has already reported sequentially higher revenue results in each of the last four years, growing its top line 30.6%, 39.2%, 38.1%, and 42.7%, respectively. And it's just getting started.
Patalon has been watching this networking company himself for some time, looking for the right mix of price and catalysts. This firm was an early leader in the optical-networking segment commonly used in local-area networks (LAN). Now, it's pioneering the new realm of "software-defined networking" - a $7.8 billion market right now that's projected to soar to $35.6 billion by 2018, says SDxCentral. The drivers: Big Data, cloud computing, and mobile communications. According to Patalon and Money Morning's Small-Cap Specialist Sid Riggs, the timing is perfect for investors to buy this stock...
One of the keys to pulling down big profits as an investor is to identify areas of high growth. Then you spotlight the leaders and make your move before "the masses" tumble to the same idea. With that in mind, Patalon is focused on a $3 mobile-gaming stock. This stock is being overlooked by the so-called "experts" on Wall Street, even as it's trouncing revenue estimates. Even better, it's in the perfect position to be acquired during this M&A surge we've been seeing in 2015. Here are three more reasons why this mobile gaming stock could provide triple-digit gains...
