10 Stocks to Watch Like $ACB
Friday is an important day for Cannabis investors because the House will vote on the More Act today. This is a huge turning point in the United States if the House approves this bill. The Senate will vote on it if the House approves the bill today.
Cannabis Stocks - Today is the big day so that puts Aurora Cannabis (ACB), Canopy Growth (CGC), Tilray (TLRY), and Green Thumb (GTBIF) firmly in play today. I expect all these stocks to jump if the House votes yes. Call options are looking pretty interesting right now.
Cloudflare (NET) - Cloud stocks are red hot and I’ve been watching NET for a while now. It looks like I’m finally jumping onboard the train today.
Lizhi (LIZI) - The Chinese audio app company jumped up big on a new partnership deal with Xpeng (XPEV) yesterday. The stock still looks pretty cheap with at least 10x upside in the future. User generated content is big business and this stock could continue running much higher into next year. (watch my LIZI stock analysis video)
Fiverr (FVRR) - The gig economy is here to stay and Fiverr just crossed $200 resistance yesterday. It’s only $7 billion market cap and could head much higher into next year.
Collector’s Universe (CLCT) - The sports card market was booming this year and the parent company accepted a private deal for $75 per share. I’m planning to sell my stake and reinvest into eBay (EBAY) and Cloudflare (NET).
Snowflake (SNOW) - The data giant broke out yesterday over 16% and Berkshire Hathaway remains the largest shareholder. Digitalization is the future and this stock could continue running much higher.
Tattooed Chef (TTCF) - The plant based food industry is projected to grow over 20% CAGR over the next 5 years. TTCF looks like a strong buy now as it approaches $15 support. This stock is an alternative investment to Beyond Meat (BYND).
That’s it for today. Hope you enjoy your weekend and happy trading!
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