5 Stocks to Watch like $NFLX
Happy Tuesday! I hope you enjoyed your MLK day weekend.
There are lots of major events taking place this week as we kick off earnings season and Biden’s inaguration.
Here are the stocks I’m watching today:
Netflix (NFLX)
Netflix reports earnings today after the market close and it will be interesting to see what kinds of consumer trends took place in Q4.
I expect a bump in subscribers due to rising COVID-19 cases but did subs cancel their subscriptions after pricing hikes?
Tesla (TSLA)
Tesla reports earnings in just 8 days and officially started deliveries on the model Y in China this week. After a major bull run, Tesla stock has been flat over the past week.
If Tesla can deliver close to 1 million EVs in 2021 then TSLA has major upside.
Nio (NIO)
Nio Day was a massive success but Nio stock recently dipped below $60 after the EV sector sold off last week.
I think NIO has just as much upside (if not more) than TSLA and China’s economy recovered sharply after the COVID-19 outbreak in Wuhan.
NIO stock under $60 is too cheap and I will add to my position this week.
Ehang (EH)
Ehang sold off sharply last week but has bounced back in premarket trading. Nobody is really talking much about urban air mobility but air taxis are the future of city transportation. EH stock is still a strong buy considering its long term upside.
Roku (ROKU)
Roku is probably my #1 favorite stock right now because the company crossed the 50 million active accounts milestone and continues to grow in value.
Did I mention Roku is a snipoff from Netflix? ROKU could hit $1,000 per share this year and I think Roku & Tesla are two major stocks to watch this year.
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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