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Top Stocks to Watch Today: Thursday, February 18

Due to demand, my ‘stocks to watch today’ posts now focus on higher-priced stocks… 

No, I don’t trade higher-priced stocks myself. But I believe in education and taking advantage of opportunities when they present themselves.

And this market is offering a ton of them right now. Stocks that were technically penny stocks yesterday are opening in the double digits.

Here’s what’s on today’s list of stocks to watch — hot sector stocks, earnings winners, and high volume stocks running on news. All the things I like to watch for in the penny stocks I trade…

So if you like higher-priced stocks and have a strategy that works for you — that’s great.

But don’t just follow these picks. Always make your own trading plans.

Preparation is key if you want to take advantage of this hot market. So study up!

Here’s the list of top 10 stocks to watch today.

10 Stocks to Watch for Thursday, February 18, 2021

Remember, this is a watchlist, not a ‘must trade’ list. I’m not always right, and I don’t trade everything I watch. That’s why you should never blindly follow or buy anyone’s stock picks — even mine.

But there’s always something you can learn.

Watch out for patterns that fit your strategy. Always have a trading plan for every trade. Here are some resources to help you get started:

If you’ve been following my blog and lessons, you know I love to trade low-priced stocks. (To learn more about trading penny stocks, get my FREE guide here.) 

The stocks on this list aren’t penny stocks. Even if I rarely trade higher-priced stocks, their movements can still affect stocks within my price range. So to me, they’re worth watching.

If you want to know which penny stocks I’m watching…

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Need more stocks to watch? Subscribe to my weekly watchlist and I’ll deliver the stocks I’m watching every week right to your inbox.

👉🏼 SUBSCRIBE to my no-cost weekly stock watchlist here.

For even more stocks to watch, check out these blog posts that I update weekly:

Now, here are 10 top stocks to watch today…

Stocks to Watch Today #1: EQT Corporation (NYSE: EQT)

EQT announced fourth-quarter earnings yesterday in premarket. The stock dipped at the open then rallied back and had a breakout over $18.66.

Traders can watch for continued momentum to the upside since the stock held its gains and closed near its highs.

 

Stocks to Watch Today #2: QuantumScape Corporation (NYSE: QS)

QuantumScape Corporation is a lithium battery company. Tuesday afternoon it released fourth-quarter earnings. It also announced plans to build a test plant in California.

The stock started running in after-hours on Tuesday and gapped up yesterday. The stock’s a former runner and went from roughly $28 per share to a high of $132.73 in December 2020.

 

Stocks to Watch Today #3: TDH Holdings, Inc. (NASDAQ: PETZ)

PETZ is a manufacturer and distributor of pet food and other pet products. The stock had a huge gap up yesterday due to some Reddit chat groups and social media.

It’s a low float stock trading high volume. It could have volatile moves in either direction.

 

Stocks to Watch Today #4: Canaan Inc. (NASDAQ: CAN)

Canaan Inc. is a Chinese tech company that designs and sells products for bitcoin mining. It’s in a hot sector and worth watching if bitcoin continues to run.

 

Stocks to Watch Today #5: Riot Blockchain, Inc. (NASDAQ: RIOT)

RIOT was on my stocks to watch list on Friday when it was trading around $45. The stock is now in the $70s.*

The stock moves in sympathy to bitcoin. Traders can watch for continuation, although I think it’s getting overextended. If you like bitcoin sympathy plays, watch the sector leader, bitcoin.

(*Disclaimer: Past performance is not indicative of future returns.)

 

Stocks to Watch Today #6: Vislink Technologies, Inc. (NASDAQ: VISL)

VISL is a tech company involved in wireless communications. Yesterday the company announced a new vice president of global operations.

The stock had a multi-month breakout over $5.10 but faded off in the afternoon. Traders can watch for the stock to potentially bounce and a breakout over yesterday’s high of $5.35.

 

Stocks to Watch Today #7: MoneyGram International, Inc. (NASDAQ: MGI)

MGI offers cross-border payments and domestic money transfers. Yesterday the stock had a multi-day breakout over $10.22.

The company is set to announce fourth-quarter earnings on Friday. Following its last earnings report, the stock price rose. Traders could be speculating that will happen again with the next report.

I never try to predict earnings, I wait to react.

 

Stocks to Watch Today #8: CLPS Incorporation (NASDAQ: CLPS)

CLPS is another China-based tech company. Yesterday morning the company announced it signed an agreement with a well-known U.S. digital payment company for IT services.

The stock gapped up from $4.90 to open at $13.32 and made a high of $19.78. The stock is extremely volatile due to its low float of under 5 million shares.

 

Stocks to Watch Today #9: Nektar Therapeutics (NASDAQ: NKTR)

NKTR is a biotech company that develops potential drugs for the treatment of cancer and auto-immune disease.

Yesterday it announced it will test its drug candidate for head and neck cancer in combination with Merck’s (NYSE: MRK) drug, Keytruda. The stock traded higher than average volume and had a breakout over $25. It’s close to its multi-year high of $28.60.

 

Stocks to Watch Today #10: Comstock Mining Inc. (NYSE: LODE)

Yesterday, LODE opened up 125% after announcing it acquired a majority stake in a lithium-ion battery recycling company.

The stock traded over 200 million shares but faded throughout the day. Traders can watch for the stock to find support and potentially bounce.

 

How I Find Stocks to Trade

There’s no big secret behind how I find stocks to trade. I always tell students to look at the biggest percent gainers on StocksToTrade.

Full disclosure: I helped develop StocksToTrade. I also invested in it. I wanted a tool to help me search specifically for the low-priced stocks I love to trade. I’m proud of it, and I truly believe this platform offers the top tools for traders to find and research stocks of any price.

STT has built-in watchlists, scans, beautiful charts, and all the indicators active traders need. It also has a social media feed and a news feed. And it includes broker integration so you can trade right from the platform.

I use it every day to find the stocks that fit my strategy — like volatile penny stocks with a catalyst and high volume.

And I credit the StocksToTrade Breaking News Chat feature for a huge portion of my over $1.1 million in profits in 2020.* The guys who run this service crank out breaking news FAST.

Try a 14-day trial of StocksToTrade with Breaking News Chat for only $17! 

(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)

Frequently Asked Questions About Stocks to Watch Today

What Are the Best Stocks to Trade as a Beginner?

My favorite stocks to trade are penny stocks. I think they’re a great way for beginners to learn the trading process with a small account.

Can You Get Rich Trading Stocks?

Don’t come into trading with a get-rich-quick mindset. Trading is a marathon, not a sprint. It can be a lucrative career but it takes years of hard work and dedication to learn the nuances of the market — which is what I teach.

How Much Money Do You Need To Start Trading Stocks?

Only start trading with money you can afford to lose. You can start small. In fact, I teach traders to focus on education first to learn the process, then slowly scale up over time.

Is Trading Stocks Risky?

All trading is risky. No trader is right 100% of the time. That’s why I keep my losses small by cutting losses quickly.

Conclusion About Top Stocks to Watch Today

Remember to only use this list of stocks to watch as a guide. Dig deeper into why these stocks are on my watchlist. Use all my trading resources to build your trading education.

I want you to become self-sufficient.

I’m just training wheels. And I’ve had the privilege of working with many top traders in my Trading Challenge. It’s a proud moment for me when they prove they don’t need me anymore. They take my lessons and strategies and make them their own.

If you want to get the same education as those top traders, apply for my Trading Challenge. I don’t accept everyone. Honestly, I don’t have time for anyone who only wants to be spoon-fed ‘hot’ stock picks.

I teach the trading process, mindset, strategies, and patterns to help my students find their own way in the markets. If that’s your goal as a trader, apply today.

What do you think about these top stocks to watch today? Do you see potential trades? Let me know in the comments … I’d love to hear from you! 

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