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First off, Happy Holidays! I can’t believe it’s already Christmas…

 

Second, a huge thanks to everyone who commented on the new watchlist format. The reaction has been staggering. We got a ton of feedback, and we’re listening … It’s only gonna get better!

 

Also, a huge congrats to everyone who traded the winners from last week’s watchlist…

 

  • Chewy Inc. (NYSE: CHWY) — after being featured on the watchlist last week, it was green nearly every day … from the $80s to the $100s. 
  • Airbnb Inc. (NASDAQ: ABNB) hit beautiful new highs — from the $120s to the $150s.
  • Snap Inc (NYSE: SNAP) Broke out nicely and hit a new 52-week high on Friday, December 18.

 

Oh, and a few other reminders before we get down to business…

 

  • Don’t pigeonhole yourself. A few people mentioned they want to see more penny stocks on the watchlist. I’ll definitely be including penny stocks at times, but I want you to remember two things: 

 

  1. If you choose the right momentum stocks, you can trade higher-priced stocks with a small account and potentially make some nice gains. Just look at CHWY. You’re not limited to 3-cent stocks! 
  2. Sympathy plays! Even if I’m talking about a higher-priced stock, remember — industry leaders tend to lead the pack. If you see a higher-priced stock in play, you can potentially look for lower-priced stocks in the same sector. 

 

  • Want more stock commentary throughout the week? Don’t miss my Pre-Market Prep sessions.
  • Looking for a specific trading-related topic? Chances are you’ll find it on the StocksToTrade Youtube channel.
  • Get inspired! The SteadyTrade podcast is FREE and features all sorts of trading topics, interviews with top traders, market commentary, and more.
  • Ready to get serious? Consider joining the SteadyTrade Team, where I give daily webinars and more…

Now that we’ve gotten that out of the way … on to the watchlist! 

Weekly Top Stocks List: December 21, 2020 

Don’t forget … These watchlists are in no way a recommendation to buy. Your trades are your decisions.  

 

These are tickers that came up on my StocksToTrade scans … see if you can learn something from every pick.

 

Here’s what I’m watching this week…

Peloton Interactive Inc. (NASDAQ: PTON)

I’m a huge Peloton fanboy. I’ve got the bike and the treadmill and love ‘em both. My daughter and her friends use them too.

 

I don’t know how many times I’ve mentioned this stock on the podcast, in the Daily Market Briefing, or in webinars. PTON is seriously crushing it.

 

In March it was trading in the $20s … Right now it’s in the $140s. 

 

Ford Motor Company (NYSE: F)

A lower-priced play for ya! The electric Mustang is in production. And people are watching.

 

Plus, I’ve got a lot of respect for Ford. That might surprise longtime followers because I’m not afraid to bash General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU). 

 

I like Ford because it seems like a company with more integrity … but it also seems like it would be most likely to nail an EV. 

 

I have high hopes, and the stock price is showing that it’s got something good going on. You might not be able to afford a stock like Tesla Inc. (NASDAQ: TSLA), but F is accessible.

 

It dipped below $4 during the early days of the pandemic, but now it’s getting close to $10…

 

Atomera Inc. (NASDAQ: ATOM)

This is one of my favorite low-priced 5G stocks, and it’s been on a TEAR.

A lot of stocks might seem like they’re going back and forth in 2020. In this case, I suggest you just crop out what happened in March when pandemic-related fears sent stocks crashing. Without that anomaly, this stock has pretty much been on a long-term upward trajectory.

 

5G has room to grow — the 5G iPhone is out, and there’s crazy spending in this sector. 

 

SunPower Corporation (NASDAQ: SPWR)

The Biden administration has made it abundantly clear it’s very pro-green energy. Solar, wind, and more — it could all start spiking.

 

Last week I talked about following ‘smart money.’ Here, it’s a case of following government money.

 

This has been a nicely trending stock, and it’s made good runs in the past. There are other similar stocks in play — you can search by solar stocks on StocksToTrade. But this is the one that caught my eye the most. 

 

Digital Turbine Inc. (NASDAQ: APPS)

Last but definitely not least! 

 

If you’re a long-term subscriber, you’ll know this ticker … I put this on the watchlist for the first time over the summer. Talk about a crazy ride. It went from $6 to $8 … and then express-trained up to the $50s.

 

This cloud computing company had some positive news mentions this week … will it spike again?

 

StocksToTrade

I can’t tell the future, but I can tell you how I found these stocks… 

 

I use StocksToTrade. With awesome charting software and built-in scans, it’s got what traders need to narrow down the thousands of stocks out there into a manageable watchlist. 

 

Plus, there are plenty of add-on features to help give you an edge in trading, like the new Breaking News Chat feature. Stock market pros narrow down news stories to the ones with the most promise for moving stocks. It’s one of the hottest tools of the year.

 

Wanna see for yourself? You can try StocksToTrade for 14 days for only $7. Or get a 14-day trial of StocksToTrade with the Breaking News Chat add-on for just $17.

Keep Watching…

 

Even if you’re not interested in any of the tickers I mentioned, there’s still a lot you can learn from this watchlist. 

 

By looking at watchlists like this, monitoring the market, and seeing how they play out, you can expand your knowledge. That’s how you can become a better-prepared trader.

But when it comes down to it, every trading decision you make should be your own. Always be on the lookout and always keep your eye on the market. 

 

And don’t forget … This watchlist is NOT a recommendation to buy. This is for educational purposes only — watch, learn, and use it to get better every day!

 

Did you trade any of the tickers from this list? Leave a comment and let me know!