5 Stocks to Watch Like $UBER
Monday was an epic day after Tesla added Bitcoin to its balance sheet. The news sent Bitcoin crypto stocks like MicroStrategy through the roof. Crypto stocks are up again premarket and we'll see if Bitcoin can hold its gains.
Here are the stocks I’m watching today:
Uber (UBER) - Uber reports earnings on Wednesday after market close. What will happen to the stock? I think UBER stock is a volatile options play with plenty of upside because investors are expecting a big rebound from Q3 2020. I’ll look to add to my position before earnings and may dabble in some call options.
MicroStrategy (MSTR) - MicroStrategy has been on a tear and reminds me of Tesla’s epic run last year. This is the #1 Bitcoin crypt stock to own right now and I’m HODLing my shares. I’m not thinking about selling until my $10,000 price target is reached.
Corsair Gaming (CRSR) - The video gaming company posted a strong quarter and Reddit WallStreetBets is talking a lot about CRSR. Could Corsair Gaming be the next Gamestop? I’m just throwing that out there although I don’t believe the short interest is nearly as high as GME was.
Bitcoin Miners - Marathon Group (MARA) and Riot Blockchain (RIOT) are moving much higher along with Bitcoin’s runup. I think Bitcoin hits $50,000 by the end of the year. I’m looking to buy some options for long term gains here.
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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