Top Stocks 2016 – Stock Picks 2016 – Best Stocks 2016
Top Stocks 2016 – Below is a list of the Top Stocks in 2016. These 2016 Stock Picks are some of the stocks I own and will trade personally. I consider stocks to invest in 2016 very carefully and usually only buy if we see a big drop. So what are the best stocks for 2016? The best stocks in 2016 are the current high growth stocks. Most of these are internet or technology stocks but can move up quickly after reporting strong earnings. I currently feel that TSLA, TNA, TWTR, SHAK, and SPXL will rise into 2016. See my comments on these best 2016 stocks below.
Tesla (TSLA) – (Technology Stocks 2016) Tesla is my top stock pick in 2016. Shares of TSLA have recently bounced off $195 during the summer of 2015. The company just completed a stock offering where CEO Elon Musk bought more shares. Tesla is the best stock to buy in 2016 because of Elon Musk. Elon Musk is a true out of the box thinker who will lead this company to future greatness as he is a modern day version of Steve Jobs. While TSLA stock might see some more downside into 2016, shares should rebound back up to $300 at some point during the year. Tesla is a strong buy stock in 2016 if the price drops below $220 again. TSLA is a stock to buy for 2016 on any weakness! With such heavy ownership from an all-star founder and CEO, Tesla is primed for greatness.
Best Stocks 2016 – Apple (AAPL) – (Tech Stocks 2016) – Apple (AAPL) will be a hot stock in 2016. Shares recently dropped from $132 to $92 during the summer panic. Apple (AAPL) was a bubble but now traders priced in the risks associated with China and the Apple Watch. Going forward, Apple (AAPL) remains my large cap stock pick for 2016 because of the low price and the potential. Apple (AAPL) will be selling a ton of products in China and I do expect conditions to improve in that country in 2016. Apple (AAPL) has almost $40 per share in cash, pays a dividend, and has a large stock buyback program currently in place. This all causes Apple (AAPL) to be the safest stock to buy in 2016. When the market is tanking, buy AAPL stock in 2016!
Top Stocks 2016 – Shake Shack (SHAK) – Shake Shack (SHAK) has now become one of my stocks to watch in 2016 because of the recent drop from $98 to $40. Shake Shack (SHAK) just delivered strong earnings and now the lock up expiration is out of the way. SHAK will be one of the best stocks in 2016 because the company is growing rapidly. While SHAK only has 70 locations, there are usually massive lines similar to Chipotle. The fast casual indstry sees heavy competition but Shake Shack is a lot different. Their food is quality and the price is right. The company has great mangement and is backed buy large long term investors. Shake Shack (SHAK) will see rapid growth in 2016 and I’m placing a $65 price target on the stock. If we see another big drop in the stock market, SHAK is the best stock to buy in 2016 for the long term. If you are looking for additional stocks to watch in 2016, keep an eye on TWTR, SPXL, UDOW, TNA, NFLX, SCTY, BABA, AMZN, HABT. Penny Stocks to Buy 2016 – Right now my best penny stocks ideas for 2016 are PVA, AXN, and NYMX. These are the top penny stocks for 2016 so I continue to like them on dips right now.