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Top Stocks to Watch Today: Thursday, May 27

Yep, biotechs and tech stocks are the top stocks to watch today again.

It’s awesome to see multi-day runners return to the market — in higher-priced stocks and my favorite OTC plays.

But even with more great plays, I’m still swinging for singles. Check out all my trades on Profit.ly. You can see my gains aren’t huge. And I keep my losses smaller so my small gains add up over time.*

So don’t listen to any of the BS promoters, Twitter ‘gurus’, or anyone who tells you to go all in or hold and hope.

Instead, make the market work for you. Stick to YOUR best setups and grow your account over time. It’s a marathon, not a sprint.

Here are the top 10 stocks to watch today … I’ll show you what’s on my radar and why.

10 Stocks to Watch for Thursday, May 27, 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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👉🏼 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: PDS Biotechnology Corporation (NASDAQ: PDSB)

PDSB is a biotech company that develops cancer immunotherapies.

It returns to the watchlist for the third time. It’s holding near its highs after announcing that Julius Strauss, MD from the National Cancer Institute would present Phase 2 trial data at the upcoming American Society of Clinical Oncology (ASCO) conference.

It was on watch for a first red day and a dip-buy opportunity. But it held up well. On Tuesday it filed this Form 8-K, and it broke out to new 52-week highs yesterday. Volume is fading so I wouldn’t chase. Traders can watch for a dip-buy opportunity.

 

Stocks to Watch Today #2: Moxian, Inc. (NASDAQ: MOXC)

MOXC is a Chinese tech company. This stock just won’t die.

It’s been on my watchlist for a panic dip-buy opportunity for weeks. And it keeps going higher.

On Tuesday it had a giant short squeeze to the upside. It’s still on watch for a dip-buy opportunity into any big intraday panic.

 

Stocks to Watch Today #3: Rain Therapeutics Inc. (NASDAQ: RAIN)

RAIN is a biotech company focused on developing therapies for oncology.

On Tuesday it announced first-quarter financials. It also reported a change in beneficial ownership of stock in this SEC filing.

The stock had a gap up following the news. Traders can watch for a multi-day breakout over $20.88.

 

Stocks to Watch Today #4: Recon Technology, Ltd. (NASDAQ: RCON)

RCON provides tech solutions to the oil and gas industry in China.

On Tuesday the company announced its subsidiary, Future Gas Station Technology Company Limited (FGS), signed a partnership with two other companies. The agreement will “further promote Ping An’s business expansion plans and the Program in PetroChina’s gas stations in Zhejiang, China.

Read the full press release here.

The stock broke out to new all-time highs following the news. It has a low float of fewer than four million shares. Traders can watch for it to potentially continue higher.

 

Stocks to Watch Today #5: Cricut, Inc. (NASDAQ: CRCT)

CRCT is in the tech sector. It develops and sells home-crafting supplies.

There’s no recent news since the company announced first-quarter financial results in after-hours on May 13. The stock has been uptrending since.

Yesterday it broke out to new all-time highs. It’s another stock traders can watch for it to potentially continue higher.

 

Stocks to Watch Today #6: TrueCar, Inc. (NASDAQ: TRUE)

TrueCar is a tech company that operates a platform for consumers to compare the prices of vehicles. Then it connects them with nearby dealerships.

On Tuesday the company released its vehicle sales forecast for May.

“TrueCar expects U.S. retail deliveries of new cars and light trucks to be 1,379,623 units, an increase of 35% from a year ago and an increase of 2% from April 2021, when adjusted for the same number of selling days.”

Read the full press release here.

On Tuesday he stock gapped up and had a huge green day on high volume. Traders can watch it to potentially continue higher. But watch resistance near $6.25.

 

Stocks to Watch Today #7: Abercrombie & Fitch Co. (NYSE: ANF)

ANF is a consumer cyclical stock that offers retail apparel. Yesterday it announced first-quarter financial results.

The stock has been in a strong uptrend for most of the year. It had a huge gap up after earnings and briefly broke out to new 52-week highs. Traders can watch for it to retest the new multi-year highs of $43.90.

 

Stocks to Watch Today #8: AMC Entertainment Holdings, Inc. (NYSE: AMC)

Yep, the meme stocks are at it again … They all started running again this week, and the short squeeze is on.

AMC made the daily watchlist I send out to Profit.ly subscribers yesterday. It presented some good trading opportunities for longs. If the stock can get over $20 it could have an even bigger squeeze. But if it rejects, it could tank fast. Watch for a potential dip buy into a big panic.

(Past performance is not indicative of future results.) 

 

Stocks to Watch Today #9: Aptevo Therapeutics Inc. (NASDAQ: APVO)

APVO is another biotech stock. It develops immunotherapies for cancer.

Yesterday the company announced positive data from Phase 1 clinical trials of its potential leukemia treatment.

Read the press release here.

The stock gapped up but couldn’t hold its gains. It’s a former runner with a low float. And it’s in the hot biotech sector. Lots of reasons to watch this one. But it likely needs to get over resistance at $30 with more volume to have a big upside move.

 

Stocks to Watch Today #10: Owens & Minor, Inc. (NYSE: OMI)

OMI is a medical supply company in the healthcare sector.

Yesterday it announced its long-term strategy for company growth. And it held an investor day via live webcast to discuss its plans.

Read the press release here.

The stock gapped up and had a morning spike on high volume. And it broke out to new all-time highs. It could be getting overextended. I wouldn’t chase. Traders can watch for a potential dip buy.

 

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.

**Tim Sykes has a minority ownership stake in StockstoTrade.com.

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