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Mark Holder

Out Fox The $treet: August 6, 2018

Stocks to watch on Monday:

Twitter (TWTR) - the market remains negative on social media stocks, but Twitter remains a bargain in the sector. Even in a tough environment, the social-media company is likely to take share from Facebook (FB). The stock is a bargain at $32. 

Baidu (BIDU) - the Chinese search giant is an incredible bargain after a strong Q2. The market got spooked by the potential entry of Google (GOOGL) into the Chinese market though the government will no doubt protect Baidu, if even needed. 

Chipotle Mexican Grill (CMG) - irrational exuberance remains a huge problem here. The market continues looking past the recent health scare and focuses too much on hype surrounding the new CEO. Look for a peak around $500. Additional research: Chipotle: Irrational Momentum

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Disclosure: Long TWTR, BIDU

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