We all love a low-priced stock.
Wall Street telling us we shouldn't is a lot like our parents telling us candy was bad for us.
Sorry Mom, but we just came across one of the best stocks under $5 right now.
And it has the potential to pop 300% in a short time.
Sure, a move from $50 to $100 and $5 to $10 is the same percentage rate of return.
But it takes a lot less cash to create the buying pressure needed to move the $5 stock than it does to move the needle for the $50 stock.
You'd have to be living under a rock not to know about the incredible year Tesla Inc.
(NASDAQ: TSLA) is having.
You could've picked up shares for a mere $73 at the March low.
As of Dec.
2, they were over $559 per share.
That's a 665.8% gain in just over eight months.
It's not stopping there.
Tesla is slated to be included in the S&P 500 this month, meaning index funds will have to buy up more shares of the stock, while Tesla will be thrust onto the radar of even the most conservative investors.
That has traders salivating at the opportunity to make money on Tesla.
Today, we'll show you exactly how to trade options on Tesla stock to make the biggest gains over the next few months.
The common wisdom among most professional investors right now is that growth stocks are overvalued.
If you look at the top-tier big-name growth stocks, there is some truth to that.
The coronavirus stocks like Zoom Video Communications Inc.
(NASDAQ: ZM), DocuSign Inc.
(NASDAQ: DOCU), Amazon.com Inc.
(NASDAQ: AMZN), PayPal Inc.
(NASDAQ: PYPL), and others are indeed at nosebleed valuation levels.
These stocks have seen a massive upswing as we all stayed home more and looked for ways to avoid the virus.
While they are all wonderful businesses, many of them currently trade for multiples of sales and cash flows that would make the internet bubble stocks of the late 1990s blush with envy.
As big a story and as exciting as the coronavirus stocks have been, they are not the whole American business story.
There are still plenty of companies that are growing cash flows and earnings at a robust pace..
Telecommuting will likely continue being popular in 2021.
And the recent $27 billion deal between Salesforce.com and Slack Technologies proves there's still a ton of on-trend growth potential here.
But Andrew doesn't want you to jump on the bandwagon because he's got an even better way to cash in on this scenario…
As the world anxiously awaits a vaccine to free us from the COVID-19 pandemic, we're all in desperate need of two things: convenience and comfort food.
Well this options trade recommendation is tapped into demand for both of those things, and if the technical indicators surrounding this stock are right, we could be on the cusp of a major breakout.
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Click here for the full details on the latest edition of Fast Profits with Money Morning...
by Mike Stenger
Today, Nokia stock sits close to its 52-week average, at $4.07.
Analysts had hoped this stock could trudge towards $5 again in the coming months.
Today, we're going to explore whether or not that's feasible.
A Nokia stock price prediction for 2021 requires us to ask just how tethered Nokia is to the broad market, or if its stock price is more a function of 5G sector growth.
The almost-continuous stream of good news about a COVID-19 vaccine finally revived community and regional bank stocks in November.
The SPDR S&P Regional Banking ETF (NYSE Arca: KRE) bounced back more than 25% in November after being down more than 50% at its lowest point.
The index is still down 15% year to date, but it has been an impressive recovery.
It may continue to go in that direction, which will fuel some of the best bank stocks we’re covering today.
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by Tom Gentile
For most of December, Tom’s Money Calendar is showing between 49 and 151 bullish trading opportunities every day.
That’s a lot of green! And Tom’s picked out one of the best of these dozens of opportunities.
Making this move could have you in the money before mid-January….
by Mike Butta
Over the past two weeks, I've received 33 unsolicited messages from friends and family about Bitcoin.
Most are asking some version of the same questions: "Should I buy Bitcoin now? Or should I wait for the price to drop before buying?" My answer is more or less always the same… Ten years from now, you're not going to care whether you bought Bitcoin at $15,000 or $19,000.
by David Zeiler
While Apple is known for disrupting entire industries, few expected it to send a shock wave toward semiconductor stocks.
But the Apple-designed M1 chip in its latest Macs will do just that.
The M1 is the first ARM-based processor to match the muscle of an Intel CPU.
But the M1 achieves this feat while using far less energy.
This is an unprecedented threat to Intel but opens a window of opportunity to several chipmakers.
Today we call the winners and losers…
