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Top Stocks to Watch Today: Thursday, May 13

Earnings winners, low floats, and short squeezes rage on as the top stocks to watch today…

Even yesterday’s ugly overall market couldn’t bring down some of these crazy runners.

But don’t get too comfortable thinking big winners are back and here to stay. It’s still time to swing for singles…

The good news is that even catching a small piece of these massive moves is enough to make a prepared trader’s week.

So always stay humble and never forget how blessed traders are to take advantage of moves like these.

And if you’re missing out, don’t feel bad. There’s always another play. Watch, learn, study, and prepare for the next one. The market will always be here.

The question is, will you? Or will you be a gunslinger and go broke chasing the next hot pick? Your choice.

Study these top 11 stocks to watch today. Then, pick the stocks with the best odds for you…

11 Stocks to Watch for Thursday, May 13, 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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For even more stocks to watch, check out these blog posts that I update weekly:

Now, here are 11 top stocks to watch today…

Stocks to Watch Today #1: Ra Medical Systems, Inc. (NYSE: RMED)

RMED announced first-quarter earnings on Tuesday after hours.

The stock gapped up yesterday morning and spiked to a high of $6.37. Then it retreated throughout the day and closed near its lows.

It’s a low float stock with fewer than three million shares. It has the potential for volatile moves. Traders can watch for a dip-buy opportunity into a big panic.

 

Stocks to Watch Today #2: eGain Corporation (NASDAQ: EGAN)

EGAN is a tech company that provides cloud-based software solutions.

The company reported fiscal third-quarter results in after-hours on Tuesday. And yesterday it announced that management will present at the Annual Needham Virtual Technology & Media Conference on May 17 at 3:45 p.m. Eastern.

The stock had its first green day yesterday and closed near its highs. Traders can watch for continued upside.

 

Stocks to Watch Today #3: Comstock Holding Companies, Inc. (NASDAQ: CHCI)

CHCI is a property management company. It doesn’t have any recent news. But it’s a low float stock and they’ve been hot lately, so that could be fueling the momentum.

Yesterday it traded higher than average volume and broke out over the $6.50 area. Traders can watch for continued upside and a short squeeze if it breaks over yesterday’s high of roughly $7.20. More volume and a catalyst are ideal.

 

Stocks to Watch Today #4: ThredUp Inc. (NASDAQ: TDUP)

TDUP is a consumer cyclical stock. It operates online platforms where customers can buy and sell second-hand clothing. It’s also a recent IPO.

In after-hours on Tuesday, the company announced it will “power resale for Vera Bradley through Resale-as-a-ServiceⓇ (RaaSⓇ).”

Pooja Sethi, thredUP’s SVP, said, “By allowing retailers like Vera Bradley to leverage thredUP’s operating platform, we are bringing the value of secondhand to the broader fashion industry. thredUP Resale-as-a-ServiceⓇ proves that ‘good for business’ and ‘good for planet’ do not need to be mutually exclusive.”

Read the full press release here.

TDUP also announced first-quarter earnings in after-hours yesterday.

The stock has had three green days in a row. And yesterday it closed near its daily lows. Traders can watch for a reaction to the earnings and a dip-buy opportunity.

 

Stocks to Watch Today #5: Second Sight Medical Products, Inc. (NASDAQ: EYES)

As its ticker symbol implies, EYES develops technologies to treat vision impairment.

Yesterday in premarket, the company announced two-year results from the study of its Orion Visual Cortical Prosthesis.

“Five out of five of those tested at the two-year mark are able to locate a white square on a dark computer screen significantly better with the Orion System on than with it off. Four out of five of those tested at the two-year mark are able to better identify the direction of motion of a bar moving across a computer screen with the Orion System on.”

Read the full press release here.

The stock gapped up and had its first green day. If it follows my first green day pattern, traders can watch for a gap up and continuation to the upside. Don’t chase.

 

Stocks to Watch Today #6: Harrow Health, Inc. (NASDAQ: HROW)

Harrow Health, Inc. is another stock that announced first-quarter financial results in after-hours on Tuesday. But there wasn’t a reaction to the news until yesterday…

That’s when the stock traded higher than average volume and broke out over $8.50. It made a daily high of $9.70.

Traders can watch for a dip-buy opportunity and continued upside.

 

Stocks to Watch Today #7: Nemaura Medical Inc. (NASDAQ: NMRD)

NMRD has been running since it announced it received a large order for its glucose monitoring device on May 5.

It’s a low float stock so it has volatile moves. It just bounced off its recent lows and had two green days. Traders can watch for a potential morning panic dip-buy opportunity.

 

Stocks to Watch Today #8: SilverBow Resources, Inc. (NYSE: SBOW)

SBOW is an oil and gas company. It announced first-quarter financial results on May 5 after hours.

On May 7 it broke out over $10.50 and has been running since. But yesterday it had an intraday panic. That’s possibly due to the overall markets tanking. Or it could just be getting overextended. Traders can watch for a morning panic dip-buy opportunity.

 

Stocks to Watch Today #9: Liquidity Services, Inc. (NASDAQ: LQDT)

LQDT is another consumer cyclical stock that operates multiple online marketplaces.

It announced second-quarter earnings last week. That’s when it had a massive green day on high volume. It consolidated for a few days, then continued higher.

Earnings can be a fundamental catalyst, and earnings winners can run longer than you think. This stock has had multi-day runs in the past. Traders can watch for continued upside.

 

Stocks to Watch Today #10: InnSuites Hospitality Trust (AMEX: IHT)

IHT is a low float runner that’s been squeezing shorts for almost a week. There’s no recent news on the company. But it is getting a ton of attention on Twitter.

I wouldn’t chase it up here. Traders can watch for a dip buy opportunity into a big panic.

 

Stocks to Watch Today #11: Curis, Inc. (NASDAQ: CRIS)

CRIS is a stock in the hot biotech sector. The company develops therapies for the potential treatment of cancer.

Yesterday it announced “two abstracts for CA-4948, a novel, small molecule IRAK4 inhibitor, have been accepted for oral and poster presentation at the European Hematology Association 2021 Virtual Congress (EHA), which will be held virtually from June 9-17, 2021.”

Read the full press release here.

StocksToTrade Breaking News Chat alerted the news at 8 a.m. when the stock was halted. When it reopened, the stock spiked from roughly $11 to $17.40 in about 10 minutes.

STT breaking news alert on CRIS stock

Get a StocksToTrade 14-day trial for only $7. Or get it with the Breaking News Chat add-on for only $17.

The stock held its high throughout the day and traded high volume. Traders can watch for dip-buying opportunities with more potential upside.

 

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.

penny stock checklist

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! 

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!

Disclaimers

*Please note that these kinds of trading results are not typical and do not reflect the experience of the majority of individuals using our products. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. It takes years of dedication, hard work, and discipline to learn how to trade. Individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.

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