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Out Fox The $treet: July 23, 2018

Stocks to watch this week:

NXP Semi. (NXPI) - the stock will trade volatile this week as speculation darts around on whether China will make a last minute move to approve the Qualcomm (QCOM) deal. The stock is in no mans land right around $100. Look for a dip below $100 to own NXP Semi. long term or to benefit from a quick buyout at $127.50. Qualcomm has stated a July 25 deadline for the merger. 

Spotify (SPOT) - BTIG slaps a solid $230 price target on the music streaming service. The market has underestimated the upside potential here despite the success of Netflix (NFLX) in video streaming. 

Camping World (CWH) - RV sales could be peaking, but this stock is already beaten down. Use weakness to build a position with the knowledge that key RV sales could dip in the next few years. 

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Disclosure: Long QCOM 

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