Stocks were looking to add gains to start the first trading day of the month and the second half of the year. Positive economic data helped to boost sentiment before the bell. Weekly jobless claims came in at a post-pandemic low of 364,000 versus the expected 390,000.
Our trade alert for today features a mid-cap tech company with huge upside potential over the next 12 months. Considering its current discounted price, it’s hard to view this one as anything less than an opportunistic bargain. It could be just the beginning for this growth story. Read on to find out who we’re watching now.
Rare 19¢ trade for 5,100%-DO NOT USE.
Penny Trades” are cheap and explosive… Warren Buffett grabbed 46 million of them for 1¢ a pop. Right now, he’s up as much as a rare 4,429% on this trade. But “Penny Trades” aren’t reserved for billionaires like Buffett. Thanks to SEC loophole 30.52, you can play them in your brokerage account. One of these “Penny Trades” shot up 183% in one day… Penny Trades can pay far MORE than stocks… Our readers just saw a 19¢ trade shoot up as much as a rare 5,100%… Here’s the #1 “Penny Trade” for RIGHT NOW. [REVEAL TICKER]
Q2 Holdings (QTWO) provides cloud-based virtual banking services to regional and community financial institutions. The idea is to make it so that smaller firms can give account holders the same kind of top-flight online tools, services and experiences as the industry’s top players.
To that end, Q2 recently announced the acquisition of ClickSWITCH, which focuses on customer acquisition and retention by making the process of switching digital accounts easier. The acquisition may be one growth boosting factor in the second half of the year.
Q2‘s business model and execution has Wall Street drooling over the mid cap’s growth prospects. Indeed, analysts expect the software company to generate compound annual earnings per share growth of 150% over the next three to five years, according to data from S&P Global Market Intelligence.
“In the last year, the pandemic has accelerated the digital transformation efforts and investments of the financial services industry, and we believe Q2 Holdings is well positioned to support and grow its customer base,” writes Stifel equity research analyst Tom Roderick, who rates the stock at Buy.
QTWO slid along with many other names in the recent growth sector meltdown and it still hasn’t quite recovered. The stock is still down almost 30% from its February peak. It should be hard for long-term minded investors to see this as anything less than an opportunistic bargain, as quarter-to-quarter fluctuations aren’t usually a huge concern for those with their sights far on the distant horizon.
Of the 13 analysts covering Q2 tracked by S&P Global Market Intelligence, 3 call it a Strong Buy, 7 say Buy and 3 rate it at Hold. Their average target price of $138.82 gives QTWO implied upside of almost 30% over the next 12 months.
Where to invest $1,000 right now...
Before you consider buying QTWO, you'll want to see this.
Investing legend, Keith Kohl just revealed his #1 stock for 2022...
And it's not QTWO.
Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.
Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.
Find that to be extraordinary?
But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.
Jeff Bezos Just Poured $10 Billion Into This…
Not many people know this story… But in 1998, Bezos invested $250,000 of his own money in Google, when the company was just getting started out of a garage in California. When Google went public in 2004, that $250,000 investment translated into 3.3 million shares of Google stock. Nobody knows if Bezos has sold any shares. If he hasn’t, today they’re worth more than $5.6 billion.Jeff Bezos is betting big on a new trend. This time he’s planning to invest $10 billion of his own money in this exciting new trend. That’s 40,000 times more money than what he invested in Google. That’s how big he thinks this could be. [Full Story…]