5 Stocks to Watch Like $JMIA
US markets are slightly down today but I expect next week to be very interesting when Tesla reports earnings. I’ll be buying a few stocks that are trading down (especially in the EV sector) because this is a good dip buying opportunity.
Here are the stocks I’m watching today:
Jumia (JMIA) - Jumia is up big today and I think it’s the most undervalued e-commerce stock in the world. The Amazon of Africa will surely help transition Africa’s economy and aid the growth of online sales. JMIA stock is still very undervalued and I have a massive $300 price target in the short run.
Bitcoin stocks - My favorite bitcoin plays like Microstrategy (MSTR) and Marathon Patent Group (MARA) have bounced back since Bitcoin hit $30,000 support and bounce higher. Bitcoin bull Michael Saylor, CEO of Microstrategy, thinks bitcoin could hit $14 million (!) per coin in the future. He was also an early investor in Apple, Amazon, and Paypal. He says bitcoin is the biggest opportunity he’s ever seen.
Tesla (TSLA) - I posted a video talking about why I think Tesla stock is a good buy before earnings. TSLA stock has sold off a bit recently but that shouldn’t affect Elon Musk’s ambition goal of 20 million EV sales by 2030. TSLA stock is a strong buy and I’m thinking about picking up some call options (be careful with options though).
Apple (AAPL) - Apple reports earnigns next week and tech bulls expect the biggest quarter ever for the tech giant. I own AAPL stock in my retirement and it’s probably the safest stock to own if you’re a first time investor.
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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