StockTwits August 2017 Power Rankings: 10 Stocks You Have To Watch
Here are the stocks you need to know about this month.
The Dow just hit 22,000. One of the greatest bull markets in history is raging like a summer Saturday with the boys. BTFD has never been more real, and you can feel it in the air like the iconic Phil Collins track.
For the month of August, we have ten stocks to show you that range from China to biotech and millennial date nights. Only one stock remains on the list from last month, but that shows just how fast things changed in 30 days.
If you still don’t know what the Power Rankings are, go here and read this quick post now. Otherwise, if you’re ready, let’s get it.
10. Vertex Pharmaceuticals ($VRTX) +19.3% in July 🆕
No other group of stocks moves like biotech stocks. One minute, biotech spikes through the roof because of an approved drug. The next minute, biotech is crashing because of a rejected drug. Biotech stocks are some of the most volatile stocks out there, but that’s why one or two almost always show up on the Power Rankings. This month, it’s Vertex, which had three sets of positive phase I and II data for triple combination therapies in cystic fibrosis (CF) patients. This news sent the stock soaring, investors’ reactions can be summed up like this:
9. Dynavax Technologies ($DVAX) +58.5% in July🆕
Dynavax is a great example of what biotech stocks can do. In late July, an FDA panel greenlit the company’s hepatitis B vaccine, and its stock ripped through the roof. At one point, Dynavax was up over 100% on that news. The chart below shows how quickly it spiked.
8. Facebook ($FB) +12% in July 🆕
People love to hate Facebook. You might hear someone say “I don’t use Facebook anymore” or “Facebook is dying.” Yet you need to tell those same people to look at the company’s stock price. Facebook hit all-time highs last month, making them the fastest growing company with a market cap over $400 billion. Facebook crushed their Q2 earnings, beating expectations on EPS, revenue, and user growth. Zuck should enjoy that $SNAP dog.
7. Alibaba ($BABA) +10% in June (👎 3)
Alibaba is the only repeat stock from July on this month’s list, as Wall Street is wild for Chinese tech stocks. They posted another double-digit gain in July, climbing 10%. You’ll soon see that Chinese tech stocks are a huge theme in this Power Rankings. For now, enjoy this GIF of Alibaba CEO Jack Ma.
6. Coherent Inc. ($COHR) +19.5% in July 🆕
Every so often, you come across a company in the stock market that you’ve never heard of before. Coherent is one of those stocks for most casual investors and traders. What do they do? They are “the world’s leading supplier of laser solutions.” This frickin’ laser beam company is up almost 100% year-to-date, and that’s f’ing awesome.
5. Baidu Inc ($BIDU) +26.8% in July 🆕
Baidu is the second Chinese tech stock making it on the list. They are the Google of China, and recently had a massive breakout from a consolidation that started in late 2016. So, one theme we all need to watch is the rise of Chinese tech stocks.
4. iRobot Corp. ($IRBT) +21.5% in July 🆕
Robots may soon take over the world, and Will Smith won’t be able to save us. Until this happens, there’s iRobot, the company making little robotic vacuums. Check out this chart of iRobot, the makers of the Roomba vacuum. It’s up more than 1,400% from its lows in 2009. They also crushed earnings this month, which sent this stock to new all-time highs.
3. Baozun ($BZUN) +48% in July 🆕
The last of the Chinese tech stocks to dominate this month’s rankings is Boazun. Never heard of them? They are basically the Chinese Shopify ($SHOP). They’re up nearly 50% for the monthm and at one point had a streak of 15/16 green positive day closes. So, while American technology took a beating this month, China saw more follow through to the up-side. Check out one member on StockTwits, Inc. and how they nailed this trade:
2. Netflix ($NFLX) +21% in July 🆕
Netflix reported earnings in July and ended the quarter with 104 million subscribers, or 2 million more than expected. Had you invested $10,000 into the Netflix IPO 15 years ago, it would now be worth $1.5 MILLION. (Remember Blockbuster? Some of us had to actually rewind and bring our tapes back before streaming and chilling was a thing.) Here are Netflix’s returns since launching streaming. Peep this video for everything you need to know about Netflix:
1. Boeing Co. ($BA) +22.79% in July 🆕
Boeing is the most important stock in the world right now. The Dow just hit 22,000, and Boeing is one big reason for that. This is because it’s the highest weighted stock in the Dow Jones Industrial Average, at a whopping 7.5%. When Boeing climbed 23% last month, the Dow also ripped higher with it. Boeing is also the single-best performing stock in the Dow at +51% year-to-date. You have to be watching Boeing all month; its implications are massive on the world’s most important index.
WHAT STOCKS WERE CUT FROM THE LIST LAST MONTH?
$C, $NKE, $FDX, $ETHUSD, $WFM, $VRX, $TSLA, $CLVS, $ORCL
WHAT STOCKS ALMOST MADE THIS MONTH’S LIST?
$V, $MSFT, $ACN, $GILD, $LMT, $NEE
WHAT’S WRONG WITH THIS MONTH’S LIST?
Don’t forget to tell us in the comments below if you agree or disagree with our rankings. Who do you think will make the August list? What stock needs to get removed? A great call might just get you some free swag from our StockTwits Store!
WHAT TO WATCH NEXT!
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The Power Rankings are curated by Stefan Cheplick (follow him on StockTwits) and Michael Bozzello (follow him on StockTwits).
