Keep this ticker on the watchlist. But a word of advice … wait to trade until the price pushes back above $5.00. We need to make sure the upward momentum can continue.
Pay attention to low-float stocks. TOPS has a float of 3.5 million shares. Below 10 million is when things get really exciting.
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Some companies perform well in high-inflation scenarios. For example, when Russia invaded Ukraine and gas sanctions pushed prices through the roof a bunch of low-priced stocks spiked.
Look at this chart of Houston American Energy Corporation (AMEX: HUSA), +1000% in three days …
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And bigger oil companies posted record quarterly profits. Read more here. Oil prices fell back down a bit since then. Much to the relief of every weekday commuter. But there are still sectors with high prices that companies can capitalize on. Most recently, Kroger Company (NYSE: KR), a major U.S. grocery chain, posted earnings that exceeded expectations. Here are the details. We're still in the holiday season and spending is likely to increase. These are opportunities to take advantage of. Don't miss out! |
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