3 Stocks to Watch for 9/21/17 – Results
Updated: 6:05 PM EST. We have updated this post to reflect how our stocks watchlist faired today.
This morning futures started the day down by 0.04% because the fed is sticking to their tight plan. Here are some stocks to watch for 9/21/17. The S&P 500 closed down 0.30%.
Aegean Marine Petroleum (ANW):
Aegean Marine Petroleum focuses on the logistics of marine fuel and lubricants to sips that are in port and at sea. This stock has lost over 22% within the last 3 months and 57.22% over the past year. During this time, ANW replaced their President and Vice President. Aegean’s new executive leadership team has taken steps in the right direction over the past 2 months. ANW missed Q2 earnings expectations but I am very optimistic of a strong Q3 report in November. ANW is currently trading at $4.10 pre-market and has a huge upside potential. With a strong Q3 earnings report, this stock could be trading above $9 by the end of December. Aegean should experience a rebound today for a possible close around $4.20. Keep your eyes on this one!
Today’s Action: ANW rose to $4.22 a share today but only traded at that level for 15 mins. Aegean closed today at $4.08 but is currently trading at $4.10 after market hours. I really like ANW going into tomorrow and the potential it boast long term.
Tops Ships, Inc. (TOPS):
WARNING, this is a very volatile penny stock. TOPS is currently trading at $0.3747 this morning. This is one of the most volatile stocks in the market. This is a risky play but has the potential to finish the day up 10%. TOPS tends to bounce from $0.40 to $0.55, this is your range of play. If you don’t mind taking a risk, you could make some money off of Tops Ships. Just remember this is a short term play and you should not plan to hold this stock long.
Today’s Action: Tops Ships closed the day at $0.3999. Right after market open this morning, TOPS was trading between $0.369 & $0.38. If you would’ve bought into TOPS when this article was written, you would’ve had two separate chances to cash out with a 12% profit.
Snap Inc. (SNAP):
Snap Inc. is the company that owns snapchat. At the moment SNAP is trading at $13.88, this is a stock that likes to bounce between $14 and $15.50. Anything could happen with SNAP but the good news is this is lowest SNAP has been over the post month. Keep an eye on SNAP as it could close low today, providing a buying opportunity later this afternoon. You can hold SNAP over the course of the next couple of weeks. If you can get in below $14.00, you should have the opportunity to sell above $15.00, realizing right over a 7% gain over the course of a couple of weeks.
Today’s Action: SNAP finished the day at $13.77 (currently trading after market at $13.75), finishing the day down 0.79%. SNAP has a great opportunity to bounce back tomorrow. I still strongly believe you will have a change to sell at a price above $15.00 next week.
Take a look at these stocks today and save them to your watchlist.
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