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Out Fox The $treet: May 8, 2018

Stocks to watch on Tuesday:

LendingClub (LC) - the fintech reports after the close. Despite being down at an incredible valuation and expecting 22% revenue growth, the company has a history of disappointing and the FTC suit isn't going to help. Trade with caution prior to the Q1 report and load up on any weakness. 

Glu Mobile (GLUU) - the case for retesting the 2014 and 2015 highs over $7 is easy to make at this valuation. Don't sell shares too soon after the rally from the lows below $2 last year. 

Fitbit (FIT) - buy at $5 and pray. In reality, the valuation is exceptionally cheap at this level and a prime reason that Fitbit doesn't dip below $5. The company will eventually figure out how to transition to recurring subscription revenues in the health segment.  

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Disclosure: Long GLUU, LC