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Out Fox The $treet: December 7, 2017

Stocks to watch today:

LendingClub (LC) - the market isn't happy with Investor Day targets for revenue growth of 15-20%, yet the stock dipped to an EV/S multiple of 1. Such platform stocks typically trade at multiples in excess of 3x so don't expect this dip before $4 to last for long. 

Fitbit (FIT) - remains a holiday play trading below $7 and again at a favorable P/S multiple of around 1x. 

Twitter (TWTR) - the social media stock is poised for a breakout to 52-week highs above 22. Looking for a quick run to $25 in short order. 

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Disclosure: Long LC, TWTR

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