5 Stocks to Watch Like $HKD
The markets opened green and now it looks like another selloff to finish the session. Let’s not forget that core inflation is a big problem. We’ll see what the Fed decides to do next week in terms of a interest rate increase.
5 Stocks to Watch for Thursday September 15th 2022
AMTD Digital (HKD) - HKD stock is pumping again on a 2nd green day. I’m not recommending this stock as a buy but it’s up big from its $48 low to open Wednesday’s session. HKD hit $2,500 last month so let’s see where this goes.
Evgo (EVGO) - EV charging stocks are pumping today and Evgo is one of the big winners. I’ll cover this on in-depth soon on SeekingAlpha but my favorite EV charging stock is Chargepoint (CHPT).
Lucid Group (LCID) - I recommended buying the dip on LCID stock when it dropped below $15 and now analysts have placed a new $28 price target. Once EV deliveries increase, I think you will see LCID stock pick up a lot of buying interest. I’m very bullish on this company.
Fiverr (FVRR) - I published a new SeekingAlpha article covering Fiverr because I think the freelance economy will only grow bigger. FVRR is a great long term buy and hold for the next 10 years.
Coinbase (COIN) - The ETH merge is complete so let’s see how Ethereum prices are affected by the switch. Will ETH pump or dump? Either way, Coinbase will make money on any new crypto activity.
What’s Next?
I’m awaiting next week’s Fed decision. I just sold some covered calls to generate income until next week.
That’s all for now. Thanks for reading and check out my site, InvestorTrip.com, for more articles and insights.