Disclaimer: I'm a noob and don't know what I'm talking about so take thing lightly and do your own research. The stocks I talk about you can assume I have a position so I am most likely biased. However, I would like productive open discussions on your positions and view on how stocks will perform.
TLDR : check out stocks that have earnings report soon and have steady performance. checkout AMD, Micron, Nvidia, and Akamai
Currently I'm watching stocks that have consistent performance and have an upcoming earnings report. I recent got some Adobe stock and saw a slight rise in price.
The next stock I'm looking at is AMD. I have a strong position on AMD because of all the sold out AMD graphics cards. AMD's graphics cards have higher performance for mining crypto currencies than Nvidia's graphics cards. AMD has also made a deal with Apple to have it's graphics card in the new iMacs. I have a target price of AMD to be $15
One of the important components of graphics cards is memory. Currently Micron is one of the few providers of DDR5 memory.
I am very new to to trading stocks but currently there has been a 6 month positive gain. This leads me to feel like there is a bubble and a correction is due. There has been recent movement from the Federal Reserve and they have raised interest rates to 0.25%. They will probably rise it in the future but at a slow rate.
Anyways thanks for reading, commenting, and clicking