Looking for the best stocks for 2025? Look no further!! – December 11, 2024
Dan here at StockMarketMentor.com. I want to look at a bunch of dogs here. I noticed an article in Investors Business Daily today. It’s under Sectors, and the article says, Analysts predict these will be next year’s top 10 stocks.
When I went through these stocks, I hoped to see something good and I really didn’t. Think about this for a minute, there are 12 months in a year, we want stocks that do this. We don’t want stocks that do that, obviously, but we also don’t want stocks that do this, all the way along here.
Until finally at some point, they run up here and then the analysts turn out to be very, very smart, that kind of thing. That’s really not the way trading works if you have a long-term time horizon. If you really, really feel strongly about a stock and you have all the time in the world, then do that.
Buy Boeing, I’m sure ultimately they’ll rise to greatness again, but it isn’t going to be tomorrow. The point that I want to make is, don’t fall prey to this stuff. This is just my opinion, everything I say is just for my opinion, but I want you to be thinking about this as a trader. Do I want to buy any of these stocks right now because I think they’re going to be the winners for next year?
Coming out on top, Moderna ( NASDAQ: MRNA ), implied upside, 82-83 percent. Good for you, that’s somewhere up here. I don’t have time to wait for that. Biogen ( NASDAQ: BIIB ), that’s up 60 percent, 61 percent, is what they’re assuming that’s going to be. So that takes us up to $260.00, but it isn’t going to happen in January.
AES ( NYSE: AES ), this also sucks. This has an upside price target of 50 percent. Here we’re looking at an upside target, we’ll say, 20.00, $21.00. Then we’ve got Micron ( NASDAQ: MU ), which has the best possibility of any of them. They’re also predicting 50 percent, 48 percent, whatever. I could see this happening, but I still wouldn’t place a bet on it.
Devon Energy ( NYSE: DVN ), energy has not been energetic, this is no exception. Do you want to buy this? No. How about Celanese ( NYSE: CE )? No, not with anybody’s money except one guy who I really, really don’t like very much. If he asks me what stock to buy, these would be the ones I’d give him. I’d say, get you a nice basket here.
AMD ( NASDAQ: AMD ) is also trending lower. How about CNC ( NYSE: CNC )? No, I don’t think so. APA ( NASDAQ: APA ), no, I don’t think so. And then finally, Caesars Palace ( NASDAQ: CZR ), you want to bet on this, no.
Here’s what I’m saying, I wouldn’t pay much attention to the analysts because they’re not going to make you any money. They will be, of course, advising large wealth managers who would buy stuff like this and then have the patience to let it come up and all that. And then they tell their clients, hey, we’re up 13 percent for the year. All that kind of stuff.
The way I like to trade is, I like to go a little bit more aggressive, shall we say. This ( NYSEARCA: FNGU ), I don’t have to go out on a limb here and tell you that I think this is going higher. It is going higher, I can see it, obviously. The volume is good. I would put this over Celanese ( NYSE: CE ) or Moderna ( NASDAQ: MRNA ) any day.
We can also look at MicroStrategy ( NASDAQ: MSTR ). This looks like it could be in for a little period of dormancy, maybe. But anytime this could run higher. I would put this over Apache ( NASDAQ: APA ), AES ( NYSE: AES ) or Biogen ( NASDAQ: BIIB ) any day. What I’m saying is, these are charts that actually work. DoorDash ( NASDAQ: DASH ) looks like a good stock to me. CORZ ( NASDAQ: CORZ ) is resting, but I would still look at this stock as well.
This is my point, the stocks that I’ve been showing you here, actually have good charts. The charts show that they’re already winners. As opposed to these things, ( NASDAQ: APA ), ( NYSE: CNC ), ( NASDAQ: AMD ), ( NYSE: CE ), that are just absolutely blowing smoke up the tailpipe, ( NYSE: DVN ). This ( NASDAQ: MU ), ( NYSE: AES ), is not where you want to be.
What you want to be is in today’s winners, assuming that they’re going to continue to win. When they prove you wrong, that’s when you look for what, some of these dogs? No, you find other winners. I like to jump from one railroad car to the next, as long as both trains are heading northward. In other words, up to higher prices. Anyway, that’s the way I see it.
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