8 Stocks to Watch Like $MARA
Cyber Monday was a red day as both the Dow Jones & NASDAQ finished lower. My guess is many investors took profits from November’s massive runup. The good news is futures are in the green so it should be a nice rebound from yesterday’s losses.
Zoom (ZM) - Zoom reported another amazing quarter but the stock dipped in premarket trading as growth has slowed a bit. Let’s see if it can rebound since Zoom has become a mainstay for remote work.
Marathon Patent Group (MARA) - The bitcoin miner is making huge gains because of Bitcoin’s recently rally over $19,000. The company plans to increase output to over 23k miners by Q2 2021. (watch video)
Moderna (MRNA) - The vaccine producer is moving up big as it enters talks with the government about releasing a COVID-19 vaccine.
Cannabis Stocks - As I mentioned in yesterday’s email, the MORE act meeting takes place this week. I’ll continue to closely monitor Aurora Cannabis (ACB), Canopy Growth (CGC), Tilray (TLRY), and Green Thumb (GTBIF).
MicroStrategy (MSTR) - The company place a massive $425 million dollar stake in Bitcoin just before its massive runup. If Bitcoin continues rising then Microstrategy is a good stock to own for sure.
That’s it for today. I’ll be on the look out for deals after yesterday’s selloff.
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