The 3 stocks we’ll cover today have amazing potential! So make sure to keep them on your watch list so you don’t miss out on huge profits…
The 3 stocks to buy are Micron Technologies (MU), W&T Offshore (WTI), and Interactive Brokers (IBKR).
Micron Technology (MU) makes semiconductors that power memory tech like solid-state drives and flash memory.
Investors have been underpricing Micron because they’re worried about a flood of semiconductors coming online and drowning the market with supply. They believe we’re at the end of this semiconductor cycle.
But our team thinks they’re wrong.
They’re not taking into account how much the demand space has changed with the introduction of the internet of things, more advanced smart phones, and autonomous cars.
This cycle still has room left to run.
Micron (MU) is trading at a forward PE of only 5 while its competitors like Advanced Micro Devices (AMD) trade at 18 and Intel (INTC) at 13.
MU’s price is currently retracing back to the 50 day moving average which may provide a low risk entry point.
The second stock to buy is W&T Offshore (WTI).
WTI is an oil producer that should strongly benefit from the coming bull market in oil.
With recent drivers spurring the oil bull, we should prices increase from here.
Recently Trump appointed John Bolton as his new National Security Advisor who will likely push for sanctions against Iran.
And Venezuela continues to crumble under communist rule as their oil production continues to drop.
Both of these factors should push oil prices higher.
Right now WTI is coming back to touch its 50 day moving average as it forms a cup with handle.
There may be a buying opportunity soon.
The third stock to buy is Interactive Brokers (IBKR).
Interactive Brokers (IBKR) is the online brokerage our team uses and it just so happens that their stock price is on fire.
They are by far the cheapest broker for both frequent and occasional traders.
Their business is focused around active traders who are the most profitable clients.
This niche they’ve carved out for sophisticated retail traders and small professional trading shops is very lucrative and is sending the company’s stock price higher.
Price is currently flirting with its 50 dma which may provide a buying opportunity.
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