5 Stocks to Watch Like $BBBY
Friday is the last trading day for this week. All US markets are closed on Monday in observance of Labor Day.
5 Stocks to Watch for Friday August 2th 2022
Bed Bath & Beyond (BBBY) - BBBY continues to crash and I think it will hit $5 or less at some point. Trading put options looks like a winner here.
Canoo (GOEV) - Canoo hit $3 and this looks like a good time to think about some of these beaten down EV stocks. The CEO bought a ton of shares at $3.88 so GOEV looks oversold.
Joby Aviation (JOBY) - I bought back my JOBY stock near $5. eVTOL stocks are long term holds so don’t expect many gains for a few years.
GigaCloud Technology (GCT) - GCY made a nice run yesterday but pulled back during pre market. This looks like one of the few decent plays out there in terms of IPO stocks.
Hempacco (HPCO) - HPCO made a nice run yesterday and trades around $7 currently. I still have a $20 price target on the stock. Hemp cigarettes will become popular and revenue is soaring.
What’s Next?
Enjoy your long weekend because Tuesday may be very bullish.
That’s all for now. Thanks for reading and check out my site, InvestorTrip.com, for more articles and insights.