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Out Fox The $treet: July 25, 2018

Stocks to watch on Wednesday:

GrubHub (GRUB) - the food delivery stock is up an insane 20% as Craig-Hallum upgrades GrubHub with a $160 target. Buyer beware as the stock has a $12 billion market cap with revenue expectations below $1 billion for the year. 

General Motors (GM) - any dip related to short-term trade war issues is a buying opportunity. GM is down 7% for this reason as the market looks past the long-term upside in AVs and TaaS. The stock is a must own on the dip. 

NXP Semi. (NXPI) - no signs the Qualcomm (QCOM) deal gets done. Look for a dip to $95 as the buying opportunity. 

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Disclosure: Long GM, QCOM