5 Stocks to Watch Like $BABA
Today marks the beginning of Joe Biden’s presidential campaign and surely his inaguration will steal the headlines.
Also, Netflix and Alibaba are in focus since Netflix blew away its earnings report and Jack Ma finally resurfaced after 3 months of hiding from the public light.
Here are the stocks I’m watching today:
Alibaba (BABA) - Jack Ma, the Jeff Bezos of China, finally made a public appearance after 3 months of hiding away. Alibaba stock is up big premarket as investors regained confidence in the Chinese e-commerce giant after heavy pressue from Chinese government. I think BABA stock is a decent buy if you’re looking for exposure to the Asian e-commerce industry.
Netflix (NFLX) - Netflix stock is up over 10% after the streaming giant crossed the 200 million subscribers milestone and announced Netflix could become free cash flow positive this year. Management also is considering share buybacks to return more value to shareholders. I mentioned Netflix is one of the best retirement stocks because Netflix will continue to increase revenue and profits as long as they keep their viewers happy. Netflix is a slam dunk stock.
IZEA (IZEA) - I came across IZEA stock after reading Luke Lango’s Best Stocks for 2021 report. Izea is a leader in the influencer marketing space where they connect brands with social media influencers. IZEA stock is up big so far this year and could be the next 10x or 20x stocks in 2021.
Tesla (TSLA) - Oppenheimer increased its TSLA stock price target to $1,000 and TSLA stock should move sharply as we approach earnings on January 27th. Tesla is the king of EVs and Elon Musk could become the first trillionaire if Tesla continues to fight the climate change problem. I’m buying more TSLA stock this week to add to my portfolio. TSLA is still a strong buy.
Ehang (EH) - Ehang was up a crazy 53% yesterday after I mentioned the stock in Tuesday’s newsletter. Congrats to everyone who bought the stock. Urban air travel isn’t popular now but I believe it’s the future of transportation. Even at $3 billion valuation, I believe EH stock is too cheap.
That’s it for today. Follow me on Twitter to get more real time updates from me throughout the day.
I’ll be available in our private discord chat if you have any questions to ask me.
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