Top Stocks to Watch Today: Key Takeaways
- Two stocks return from last week’s watchlist and continue to run on earnings catalysts.
- Biotech stock VRPX went full supernova and spiked over 300% in two days on FDA news.
- Low float short squeezes are creating some of the biggest spikers in the market.
Discover how 14+ millionaire traders built their unique market strategies*
Low-float biotechs and AI tech stocks with news are the top stocks to watch today. Plus, former runners spike again and a lending company and CBD stock join the mix. It’s a watchlist of huge spikers — but I wouldn’t chase them. Get my game plan and the eight stocks I’m watching below…
- Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX … Read our full analysis here.)
- Fulcrum Therapeutics, Inc. (NASDAQ: FULC … Read our full analysis here.)
- Alfi, Inc. (NASDAQ: ALF … Read our full analysis here.)
- TaskUs, Inc. (NASDAQ: TASK … Read our full analysis here.)
- BrainsWay Ltd. (NASDAQ: BWAY … Read our full analysis here.)
- Upstart Holdings, Inc. (NASDAQ: UPST … Read our full analysis here.)
- PharmaCyte Biotech, Inc. (NASDAQ: PMCB … Read our full analysis here.)
- SGOCO Group, Ltd. (NASDAQ: SGOC … Read our full analysis here.)
I woke up just soooooooo grateful to be here in Italy with 6 of my millionaire https://t.co/occ8wKmlgm students, for all the trading and educational opportunities we all have, the amazing @StocksToTrade and @karmagawa communities and the ability to share everything in real-time! pic.twitter.com/faaAZjWaQO
— Timothy Sykes (@timothysykes) August 18, 2021
8 Stocks to Watch for Thursday, August 19, 2021
Remember, this is a watchlist, not a ‘must trade’ list. I’m not always right, and I don’t trade everything I watch. That’s why you should never blindly follow or buy anyone’s stock picks — even mine.
But there’s always something you can learn.
Watch out for patterns that fit your strategy. Always have a trading plan for every trade. Here are some resources to help you get started:
- 13 Stock Chart Patterns You Should Know: A Complete Guide
- 5 Day Trading Strategies You Need To Know
- Trading Plan: How to Create One in 2021 (Step by Step)
If you’ve been following my blog and lessons, you know I love to trade low-priced stocks. (To learn more about trading penny stocks, get my FREE guide here.)
The stocks on this list aren’t penny stocks. Even if I rarely trade higher-priced stocks, their movements can still affect stocks within my price range. So to me, they’re worth watching.
If you want to know which penny stocks I’m watching…
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Need more stocks to watch? Subscribe to my weekly watchlist and I’ll deliver the stocks I’m watching every week right to your inbox.
👉🏼 SUBSCRIBE to my no-cost weekly stock watchlist here.
For even more stocks to watch, check out these blog posts that I update weekly:
- Get my weekly top penny stocks list here.
- Want to trade a specific sector? Check out my biotech penny stocks watchlist here.
Now, here are 8 top stocks to watch today…
Stocks to Watch Today #1: Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX)
VRPX is a biotech company that develops products for pain management.
The stock went full supernova after the company dropped news. It received a response from the FDA on its investigational new drug application on August 17.
“The FDA has indicated that Virpax may pursue an NDA drug approval with the Office of Non-Prescription Drugs.”
Read the full press release here.
The stock gained 275% after the news. The next day it was up another 100% before fading. It has a low float of only two million shares and low float short squeezes are creating huge spikes in listed stocks right now. I’ll watch this one for a potential dip buy into a big panic.
Stocks to Watch Today #2: Fulcrum Therapeutics, Inc. (NASDAQ: FULC)
FULC is another biotech company. It develops products to improve the lives of patients with rare diseases.
The stock returns to the watchlist from last week. It had a huge two-day run from $12 to $25 after the company announced second-quarter earnings and business highlights on August 10.
Then it consolidated around $22 and formed a pennant on the daily chart. On August 18, it broke out again and made new 52-week highs of $26.89. But it didn’t hold the breakout level. Traders can watch for a panic dip-buy opportunity.
Stocks to Watch Today #3: Alfi, Inc. (NASDAQ: ALF)
ALF is a tech company that provides artificial intelligence and machine learning software. (See my artificial intelligence stock watchlist here.)
On August 17 the company announced that rideshare drivers in 14 major U.S. markets received its AI-enabled advertising tablets. It also has plans to deploy over 150,000 tablets by the end of 2022.
The stock had its first green day after the news, going from roughly $7 to $10.
On August 18 the company announced that Grove, Inc. (NASDAQ: GRVI), a CBD and hemp wellness company, will use ALFI’s AI enterprise SaaS platform to launch its biggest advertising campaign ever. (GRVI was up 10% after the news and is also worth watching.)
ALFI consolidated after that news. Now it’s set up for a potential multi-day breakout over $10.40.
Stocks to Watch Today #4: TaskUs, Inc. (NASDAQ: TASK)
TASK is another tech company. It provides outsourcing services for companies.
It’s a relatively new IPO. The company went public in June. The stock broke out to new all-time highs on August 11. That was after the company released second-quarter earnings after hours on August 10.
Then it consolidated for a few days and formed a bull flag. It broke out again and had two big green days. Traders can watch this one for a panic dip-buy opportunity.
Stocks to Watch Today #5: BrainsWay Ltd. (NASDAQ: BWAY)
BrainsWay develops products to stimulate brain nerves to several mental health conditions.
On August 18, the company announced it “received 510(k) clearance from the U.S. Food and Drug Administration allowing the Company to market its Deep Transcranial Magnetic Stimulation System for the reduction of comorbid anxiety symptoms in adult patients with depression, also known as anxious depression.”
Read the full press release here.
The stock was up 30% after the news with record high volume but didn’t hold its gains. It has a choppy chart, so I wouldn’t chase it. Traders can watch for a dip-buy opportunity. I’d be ready to cut losses fast.
Stocks to Watch Today #6: Upstart Holdings, Inc. (NASDAQ: UPST)
UPST offers a cloud-based lending platform. It connects potential clients with banks and institutions using AI technology.
It’s another stock returning to the watchlist from last week. It continues to run on second-quarter financial results from August 11. This is why I say earnings winners can run longer than you think. (Past performance is not indicative of future returns.)
The stock’s trading at all-time highs around $220. Again, I wouldn’t chase it. It’s already had six green days in a row. Traders can watch for a dip-buy opportunity into a big panic.
Stocks to Watch Today #7: PharmaCyte Biotech, Inc. (NASDAQ: PMCB)
Yep, another biotech company. PMCB develops cellular therapies for cancer and diabetes.
The stock was up 140% on over 200 million shares of volume on August 18 — with no news.
The company’s most recent news is from August 16. That’s when it released a statement regarding its recent uplisting and current business focus.
Read the CEO’s statements here.
The company also recently announced the closing of a secondary offering. But even after the offering, the stock still has a relatively low float of roughly 10 million shares. Traders can watch for a panic dip buy and potential bounce.
Stocks to Watch Today #8: SGOCO Group, Ltd. (NASDAQ: SGOC)
SGOC is the odd one out on today’s watchlist … The company’s in the financial sector and offers mortgages, personal, and business loans.
This former supernova had its first green day on August 18, going from roughly $4 to $8 with no news. The move was likely part of a short squeeze since the stock was beaten down after its big run-up in July.
It’s another choppy stock. Traders can watch for it to choose a direction before planning a trade. If it can get above $8.25, we could see more squeeze. If it fails it could offer a dip-buy opportunity.
How I Find Stocks to Trade
There’s no big secret behind how I find stocks to trade. I always tell students to look at the biggest percent gainers on StocksToTrade.
Full disclosure: I helped develop StocksToTrade. I also invested in it. I wanted a tool to help me search specifically for the low-priced stocks I love to trade. I’m proud of it, and I truly believe this platform offers the top tools for traders to find and research stocks of any price..**
STT has built-in watchlists, scans, beautiful charts, and all the indicators active traders need. It also has a social media feed and a news feed. And it includes broker integration so you can trade right from the platform.
I use it every day to find the stocks that fit my strategy — like volatile penny stocks with a catalyst and high volume.
And I credit the StocksToTrade Breaking News Chat feature for a huge portion of my over $1.1 million in profits in 2020.* The guys who run this service crank out breaking news FAST.
Try a 14-day trial of StocksToTrade with Breaking News Chat for only $17!
Frequently Asked Questions About Stocks to Watch Today
What Are the Best Stocks to Trade as a Beginner?
My favorite stocks to trade are penny stocks. I think they’re a great way for beginners to learn the trading process with a small account.
Can You Get Rich Trading Stocks?
Don’t come into trading with a get-rich-quick mindset. Trading is a marathon, not a sprint. It can be a lucrative career but it takes years of hard work and dedication to learn the nuances of the market — which is what I teach.
How Much Money Do You Need To Start Trading Stocks?
Only start trading with money you can afford to lose. You can start small. In fact, I teach traders to focus on education first to learn the process, then slowly scale up over time.
Is Trading Stocks Risky?
All trading is risky. No trader is right 100% of the time. That’s why I keep my losses small by cutting losses quickly.
Conclusion About Top Stocks to Watch Today
Remember to only use this list of stocks to watch as a guide. Dig deeper into why these stocks are on my watchlist. Use all my trading resources to build your trading education.
I want you to become self-sufficient.
I’m just training wheels. And I’ve had the privilege of working with many top traders in my Trading Challenge. It’s a proud moment for me when they prove they don’t need me anymore. They take my lessons and strategies and make them their own.
If you want to get the same education as those top traders, apply for my Trading Challenge. I don’t accept everyone. Honestly, I don’t have time for anyone who only wants to be spoon-fed ‘hot’ stock picks.
I teach the trading process, mindset, strategies, and patterns to help my students find their own way in the markets. If that’s your goal as a trader, apply today.
What do you think about these top stocks to watch today? Do you see potential trades? Let me know in the comments … I’d love to hear from you!
**Tim Sykes has a minority ownership stake in StockstoTrade.com.
*Tim Sykes’ trading results are not typical and do not reflect the experience of the majority of individuals using the services and products offered on this website. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit.
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