76 76 correctly predicted forecasts
Send me real-time posts from this site at my email

Out Fox The $treet: July 9, 2018

Stocks to watch on Monday:

Twitter (TWTR) - the social-media stock is down 9% on the news the site suspended about 70 million fake accounts in May and June. The market is overplaying the impact to MAUs and activity as these accounts my nature weren't active during Q1 when MAUs reached 336 million. Use the dip as an opportunity to own Twitter. 

LendingClub (LC) - the fintech appears set for a breakout to $5 and previous resistance closer to $6.50. The stock was exceptionally cheap trading at close to EV/S of 1x prior to this rally. 

Yelp (YELP) - continue buying the consumer review site below $40. Local ad growth at 20% won't stay this cheap. 

Click on the Sign in/Sign up button in the top right corner to join for free to comment on your stock moves for tomorrow. 

Click on the Follow button to get daily blog posts from Out Fox The $treet.

Disclosure: Long TWTR, LC, YELP