As the stock market continues to trade flat, good deals are becoming harder to find. We lucked out with QS last week, and this weeks pick looks to be just as strong!
Kyle’s Stock Pick
SPCE
Volume: 8.9 M
Short%: 15.03
Virgin Galactic is no stranger to Friday Pick’ems and after the events of last week, it belongs back on the list. Rumors of SPCE rescheduling their test flight this weekend sent shares up nearly 10% on Thursday before falling off when a spokesperson denied the rumor. When the test flight inevitably is announced, we expect a healthy jump in the price again. And if the test flight is successful, we’re betting Unity 2 won’t be the only thing going to space!
Past Pick’ems Review
It was one heck of a week for QS, our latest addition! After disappointing on earnings to start the week off, they reported a breakthrough in their battery manufacturing process that sent the price through the roof! The stock cooled off shortly after and is now flirting with it’s stop loss. CONN is also in danger of dropping off, so we’ll let nature take it’s course next week and refrain from manually dropping anything.
| Bullish Stocks | Price first Appeared | 15% Trailing Stop | Stop Loss Status | 02/19 Closing Price |
|---|---|---|---|---|
| SAP | $108.00 | $114.73 | Active | $126.82 |
| DAR | $42.35 | $61.92 | Active | $66.89 |
| DLB | $84.60 | $82.88 | Active | $93.78 |
| IIVI | $59.97 | $85.37 | Active | $90.85 |
| ATVI | $84.27 | $88.85 | Active | $100.80 |
| LOGI | $102.95 | $102.20 | Active | $116.44 |
| AMD | $94.14 | $81.36 | Active | $89.58 |
| CONN | $15.84 | $13.76 | Active | $14.59 |
| BUD | $65.35 | $55.90 | Active | $64.80 |
| QS | $53.69 | $61.17 | Active | $62.26 |
Recent Picks
- Friday Pick’em: 07/09/21Our pick from last week did not fair so well… but this time will be different, we swear!
- Friday Pick’em: 07/02/21Rising fears of inflation and predictions of massive crashes can’t stop the market from hitting new highs… looks like it’s still “game on,” at least for the time being
- Friday Pick’em: 06/25/21TSLA, ROKU and SPCE all had major moves this week, too bad none of them were on our list. Maybe we can pick one of next week’s movers though…
- Friday Pick’em update: 06/18/21No new picks this week, just updating the list.
- Friday Pick’em: 06/11/21AMC happened this last week… Did anything else? We can’t remember… AMC definitely did some things though.
- Pick’em Update: 06/06/21No new picks, been a busy week. This is just an update on how our picks are doing.
- Friday Pick’em: 05/28/21After a taking last week off, we return to assess the damage, but instead were happy to see on stock nearly double! Betcha can’t guess what it was…
- Friday Pick’em: 05/14/21Welcome to the Friday Pick’em: Ape Edition! Care to take a wild guess at what stock we’re riding next?
- Friday Pick’em: 05/07/21It’s the first week of May, and it doesn’t look like everyone is selling this time. How did our picks weather the rotation? Read on to find out!
- Friday Pick’em: 04/30/21We’re smack dab in the middle of earnings season once again, and the SPY is continuing to push new highs. Let’s see if we can ride the momentum!