Advanced knowledge of stocks that are about to Blow up is an investors dream. For anyone who hasn’t heard that phrase before, “blow up” means an increase in share price extremely fast. Some recent stocks that would fall under this criteria include Moderna Inc (NASDAQ: MRNA), BioNTech SE – ADR (NASDAQ: BNTX), AMC Entertainment Holdings Inc (NYSE: AMC), GameStop Corp. (NYSE: GME) and Cleveland-Cliffs Inc (NYSE: CLF). These are all stocks whose price (percent change) has increased greatly over the past 52 weeks.
But unfortunately those gains are in the past, and there is no guarantee of future success. As many prudent investors know, a stock that rises too quickly is at risk to fall just as fast. This might be more true now than perhaps any other point in history. As meme stocks, FUD and Reddit penny stocks dominate the headlines, millions of inexperienced investors are shelling out their hard-earned cash in hopes of quick wins.
The vast majority of stocks that have these characteristics are not backed by strong earnings per share (EPS), price to earnings (P/E) ratio, dividend payout ratio (DPR) or any of the other key indicators investors look for in a stock. The future potential of these investments rely almost entirely upon “fake news” and social media hype. They are held together with little more than bubble gum and shoe strings.
Fortunately for those seeking stocks that are about to blow up, there are services out there with strong stock-picking track records. Pro Traders Bryan Bottarelli and Karim Rahemtulla have made careers out of picking winning investments. Now they share their secrets with a group of elite traders in The War Room.
Here are a few picks Bryan and Karim are targeting to take off in the weeks and months ahead…
2 Stocks That Are About To Blow Up (Even More?)
1. Chewy Inc (NYSE: CHWY)
Chewy is the up-and-coming online platform for all things pet-related. The pet industry is growing fast in the U.S. and around the world. The fundamentals look good for Chewy as well. Strong sales growth, price-to-sales ratio and debt-to-equity ratios are just some of the reasons the War Room team likes this stock.
Does Chewy have a good shot at being acquired by Amazon?
Amazon does not like competition, and I think it is a potential acquirer of Chewy in the future. While Amazon also sells pet products, it doesn’t have Chewy’s great reputation for customer service and competitive pricing. Chewy focuses on customer service, and it’s not unusual for the company to send out condolences when it notices that a customer is ordering or canceling based on the passing of a pet. – Karim Rahemtulla
Check out this recent video of Karim talking to Trends Expert, Matthew Carr about why they think Chewy is a stock that is about to blow up.
2. Carrier Global Corp (NYSE: CARR)
CGC is a manufacturer of HVAC equipment. They offer air-conditioning, heating and refrigeration solutions to customers around the globe. With the heatwave we’ve seen taking place across the nation, air-conditioning is in peak demand. This was a well-timed pick for sure.
Does Carrier Global Corp (NYSE: CARR) have room to increase share price even further?
In short, this stock should continue to perform well this summer. The War Room team has already turned a great profit on this position. This comes after another surge following the company’s latest earning report. When looking for stocks that are about to blow up, Carrier Global Corp (NYSE: CARR) is still a strong candidate.
Bought it in TPU for $39. Now pushing above $57. Room to go! – Bryan Bottarelli
Stocks That Are About To Blow Up – Summarized
Want more up-to-date tips on stocks that are about to take off? Join Trade of the Day+ Today! It’s the best way to get in on the action for all of the latest investment opportunities.
Bryan and Karim designed their brand to help you do one thing and one thing only: make winning trades! Sign up below for their free Trade of the Day e-letter. You’ll get all of the latest info on which stocks are about to blow up and which ones aren’t. You’ll also learn valuable tips on how to target stocks that are flying under Wall Street’s radar. So, what are you waiting for!? Join today to get in on the action!
The post Stocks That Are About To Blow Up appeared first on Investment U.
