This Stock Is up 160% This Year, Here’s What to Expect Next

This Stock Is up 160% This Year, Here’s What to Expect Next by Chad Shoop

When you hear a stock is up an enormous amount in a short period, your gut tells you it’s not going to last long.

It seems overbought.

Investors are going to be looking to sell and take profits.

After it dips, maybe then you’ll buy some.

Even Wall Street sees it this way.

When a stock rallies past these analysts’ price targets, or to a point that feels too far too fast, they list it as a hold.

They don’t tell you to buy more and jump in with both feet.

But sometimes your gut is wrong. And Wall Street is wrong. This creates one of our favorite things in Winning Investor Daily … a mispricing.

You see, strong stocks, the ones that can make a difference in your portfolio, often see those kinds of continuous moves higher. But Wall Street just leaves them on hold.

Unique companies with massive growth potential don’t tend to fall much after a massive run, such as 160% in just nine months. That means that larger companies with big run-ups are likely to keep heading higher while the analysts on Wall Street ignore them.

This gives us an opportunity.

Better yet, after a sell-off in March, the stock we’re looking at today has soared nearly 400% to hit new all-time highs.

I’m talking about Square Inc. (NYSE: SQ), the payment processing company.

In my latest Bank It or Tank It video, I’m breaking down everything you need to know about this stock, including what its recent rally means for the coming months.

A lot of people own shares of this company or have it on their radar.

I’ll tell you exactly what to expect from Square today.

Click below to watch my latest video:

Triple-Digit Gains Almost Every Month

It’s rare to find a stock that moves nearly 400% in six months. Especially when it’s one the size of Square.

But, when it comes to trading options, you can spot many 100%, 200% or even 400% moves every year.

That’s why options are my favorite way to trade in the market.

I use them to find triple-digit gains — at a rate of almost ten per year. That’s nearly once every month … and practically impossible when trading stocks. But, with options, gains like this are nearly as common as a full moon.

I know options can be overwhelming to beginners.

New lingo, broker limits and a different risk/reward profile compared to stocks… It can be a lot of information.

A lot of investors simply aren’t comfortable with them.

Because of all this, I’ve also started a new weekly newsletter. I want to walk you through everything there is to know about options.

Every Friday, we’ll dive into option concepts to reveal how simple they are to use. At the end of the day, my goal is to make sure you can take advantage of the gains they unlock in the stock market.

This isn’t another sales pitch in your inbox, this is just straightforward options education.

To get it, all you have to do is sign up for my Weekly Options Corner.

It comes at no cost to you. The sole purpose of it is to allow everyone who wants to trade options to get the knowledge and confidence they need to do so.

Click here to join my Weekly Options Corner and master the trading of options.

Regards,
Chad Shoop
Chad Shoop, CMT

Editor, Quick Hit Profits