Swaggy's Top Stonks - Stocks Trending Right Now
Swaggy's Top Stonks - Stocks Trending Right Now
Swaggy’s Top Stonks. We compile and analyze data from multiple sources bringing you the top trending tickers from around the internet. If you haven’t subscribed already, please do so below.
Swaggy's Top Stonks
Together with...
October 14, 2021
Welcome newcomers to Swaggy's Top Stonks and thank you for subscribing.
Today's Letter
Stock Trends Right Now
Vig Raffle - Update
IPO Briefing
Trending Tickers
Hey everyone, I want to introduce you all to today's sponsor, a platform that allows anyone to invest in the lucrative world of startups. The platform is StartEngine and they are one of the leaders in equity crowdfunding.
Invest In The Future Of Equity Crowdfunding
StartEngine helps retail investors invest in startups for as little as $100. The company is moving into wine collections, real estate, and more. With a goal to help raise $10 billion by 2029, StartEngine has big plans. You can invest in the company’s current equity raise.
The company’s highlights include:
$400M raised for more than 500 companies.
146% revenue growth year over year in the first half of 2021.
The platform currently has over 500,000 prospective investors signed up.
Led by co-founder of Activision (ATVI).
Launched StartEngine Secondary-a trading platform for startups.
Now investors can invest in the platform itself.
Check it out here for more information.
~
This is sponsored content*.
Disclaimer: Reg A+ offering made available through StartEngine Crowdfunding, Inc. Investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. View StartEngine Crowdfunding, Inc’s offering circular and selected risks. Past performance may not be indicative of future results.
Stock Trends Right Now
Stocks raged higher in the last two sessions. One might call it a dead-cat bounce, but who wants to be short going into Spooktober and the holiday season?
My favorite season, earnings SZN, is getting kicked off by the banks and will soon be followed by tech. Citigroup (C) and Bank of America (BAC) posted solid numbers this AM. Jim Cramer was on this:
We'll get more into what companies are reporting next week. For now, let's take a look at which stocks are moving and why.
WallStreetBets
SOFI has been the top trending ticker for several days now. Shares have SOARed about 25% in the last two weeks. As a WSB favorite since several months ago this might continue to pick up on hype.
BlackBerry (BB), another one of WSB's favorite tickers. Shares have moved consistently to the upside on good news and headlines of a Google and Qualcomm partnership.
Plug Power (PLUG) incredible last couple of sessions for PLUG as the stock is up 40% in 10 days.
Paysafe (PSFE) is down 35% from the highs, so this 15% jump in stock price is nice to those still holding. Potentially more room to go after a tough summer.
Under-The-Radar
Found a few tickers on the WSB up-and-coming trends page that caught my attention. Keep in mind stocks are risky investments and to do your own due diligence before entering a position. The ones I've highlighted have the following characteristics:
Aren't a part of the usual "top" WSB tickers
Starting to pick up on social chatter
Are trading near short-term lows (minus URA, which has performed well)
Vig Raffle - Update
Thanks for all your entries to this week's Vig raffle. Don't worry, I've received them all and will be drawing the winners tomorrow around 9am EST. I will contact the winners around then.
Vig just released a new "Terminal" feature that offers a hub for all things stocks, options, and crypto in one location. It's pretty slick. Check it out if you haven't yet.
IPO Briefing
There are two IPOs I am keeping an eye out for this week.
Gitlab (GTLB) a Development Operations (DevOps) platform allowing for efficient codebase management.
AvidXchange (AVDX): a software company providing services in invoicing and payments to middle-market businesses.
WallStreetBets - Most Mentioned Equities
Disclaimer: All material presented in this newsletter is not to be regarded as investment advice, but for general informational purposes only. You are solely responsible for making your own investment decisions. Owners of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission or with any securities regulatory authority. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest with or without seeking advice from such an advisor or entity, then any consequences resulting from your investments are your sole responsibility. Reading and using this newsletter or using our content on the web/server, you are indicating your consent and agreement to our disclaimer.