Charlie talks about a stock that he believes will double, he recaps a few of the ZipTrader Plays, and answers some questions.
These are Charlie's opinions, not investment advice. Do your own due diligence!
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These are Charlie's opinions, not investment advice. Do your own due diligence!
A. 📈Join ZipTraderU (*$75off coupon "holiday75") ➤ http://ziptraderu.com
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E.💬Free Discord ➤ (Link is on nightly watchlists in ZipTrader Circle)
📌New to the stock market and #trading? We break everything down in a short sweet and simplified way.
DISCLAIMER: All of ZipTrader, our trades, strategies, and news coverage are based on our opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing and maintaining ZipTrader communities.
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Okay, so we have a few violent things to discuss on today's agenda. First off, Arc bought one of our plays yesterday and I've gone ahead and upgraded our price target on this one on this specific online betting stock. and we need to talk about whether it's too late to get in and of course, where we see this going. Then I want to give you an update on one of our plays, Proterra and a new risk that may be emerging and most importantly, the main show.
I want to talk about a specific stock that I believe will double. that's 2x folks or as the Spanish say, 200 percent. Oh, and this is a play that is already up a little bit over 20 since we talked about Dip buying it in our daily morning briefings. but it has a lot more to go and the only thing that I ask in return for all of this is that you hit that ravishing like button.
And of course, don't forget to subscribe either. And if you do have some tea, go ahead and drink some tea. Tea is one of the most important parts of being a good trader. Quick plug if you'd like to learn how to trade, would like access to our price targets, our daily morning briefings, and of course our private jet.
I'll go ahead and put the link to Zip trader you in the description below. Okay, so first Arc just bought a ton of shares in Draftkings. Now for context, Draftkings was a huge winner in 2020. It's an online sports betting company and is quickly carving out a huge name for itself.
And a few weeks back, I made a new bullish argument for them. and then all of a sudden Arc decided to buy up a lot of shares. that made Draftkings take a little baby kangaroo jump. When asked about Draftkings, this is what one of the Arc analysts said: the online sports betting sector combined could notch a compound growth rate of 31 from 2019 through 2025..
online sports betting will surge to 180 billion in 2025 from 18 billion in 2019, aka he's projecting massive growth. No shocker there, obviously folks. We've talked about all this before. This is not a shocker, and we saw similar hype from Goldman Sachs as well.
We upgrade Draftkings based on their sustained market leading position in key states, ability to participate in the economics of single operator states, and the presence of national contracts, which will allow them to achieve scale sooner than the broader peer group. Similar to what we were saying back in mid-january Draftkings is emerging as a leader in a rapidly growing and increasingly more legal market, and going back to Ark for a second. One thing to keep in mind when it comes to Arc is its investment philosophy. Draftkings was added to Ark's next generation Internet Etf, where it's amongst the ranks of Nano Dimension, Talenteer, Alibaba, Mercado Libre, Crowdstrike, and so forth.
Arc puts two types of stocks in this fund. First, they put already established internet companies that did very, very well in the current generation, but are also projected to do really, really well in the next generation. and then they put funds that are in the early stages now, so they're not a big player in the current generation, but are going to be a huge player in the next generation current generation. Examples are Alibaba, Tencent, Netflix, Facebook, and so on. Next Generation are Palantir, Nano Dimension, and so forth. Putting online sports betting stocks like Draftkings and Sklz is basically Arc endorsing this as another huge and hot growing sector in the same league with the rest. Which is a big deal because as you know, a lot of our players like Baba Huya and then Dm Palantir all of these guys are big zip trader plays and these are all on the list. and this fund is something that I watch very, very closely because I agree with a lot of the philosophy here.
The only ticker that I really think this one is missing is Jumia the African Amazon, but we'll we'll try to get Kathy Woods on that at some point. But anyways, folks, I just sent out an upgrade for Draftkings to our Ziptrader You members this morning. I upgraded it to 90 and that means that is my price target projected over the next six months. If you look at what's going to be happening in the next six months, in terms of the online sports betting industry, you're going to see a lot more states start moving towards legalization, You're going to see a lot more booming of the industry in general in terms of demand, and you are going to see a very, very real trend push forward into this industry.
I think that Arc and Goldman among some other analysts waking up is a big step to get investors to start looking at this and being like damn, I need to snap this boy up. Okay, quick update on some of our ad money to plays, Ipod and Ipof. We're still waiting for a merger decision last week. Of course we said dip, buy them and they all recovered completely from the dip last week.
How about them, Apples folks? But again, at the end of the day, these are merger place so the run-up doesn't really matter. I mean, sure, you made some money, but we're holding until we get a merger decision, so it doesn't really make a huge difference, right? Okay, Workhorse. remember guys, I said if this dips this week, buy the dip. it dipped yesterday, then it recovered five percent up.
Whatever, blah blah blah. This is a 50 play. I stand by what I said before. the upside on this is to 50, but it only makes sense to snap this up if it's below 35 or in the below 30 range in terms of risk versus rewards.
So again, so again, if this dips back below 35 or 30, which it probably will at some point, snap it up. Okay folks. So now for the good stuff. and please don't tell anybody that I'm telling you this because this is a secret secret.
The play that I see as doubling in the next six months is Sun W. So for context, last week, during the big game, stop panic, Sun W sold off massively and throughout that week and early this week, I hammered in the daily morning briefing. Now you need to be watching this one because once it bottoms out, this is going to be a huge gainer. And today we finally got redeemed on that with a 20 bounce. So shout out to whoever caught this. But obviously old news. this guy is just getting started, so don't feel bad if you didn't get in on this. But let me explain why I like this one.
So Sun W was a play that I was watching throughout the entire uptrend before, but I was waiting for a panic sell-off to get a better deal and that's why I was so quick to brief on it when it actually had that panic sell off. Thanks to that, even with this nearly 20 rally today, we still have 50 percent of Upside to the highs, not just the previous highs. My price target on this is actually 40 to 45 dollars. So now thanks to the discount, we have over 100 of Upside in the next six months.
And in terms of the company itself, this is a solar power company with huge exposure in the most valuable markets for that industry. They serve residential, agricultural and commercial clients, but the reason this was originally on my radar was because of obviously the focus on sustainable energy. With the Biden Administration rejoining us in the Paris Climate Accords, this action and further actions to bring green energy to the Us is projected to flood the market with demand. and of course as a result, you've seen many, many stocks in the sector rally up massively, but unfortunately most of that capital has focused on only a few select, really, really, really high cap tickers.
Very few of those dollars have actually flowed to some of the smaller cat plays that are also going to be big winners, like Sun W. Now obviously, if you look at the charts, some indeed has flowed to Sun W, but not nearly as much as the demand is going to be for Sun W. And when you have a tsunami of demand, you do not want to forget the smaller cap players that have legitimate potential to capture some parts of that market and can also disproportionately benefit from share increases because of the far cheaper valuation they have. So anyways, my take is that if you can get this and snap this up in the low 20s or below 20, this is a great play.
It's already up 20 or so since we originally called it out, but there's still a lot of upside to get to my Price Target and this is one of my favorite plays right now. If you're ready for a rocky ride and you want to get to that Price Target, I'd say buckle up your seatbelt. Okay folks, so as you know, at the end of each video, I asked what kickers would you like me to cover in the next video and and last video, a lot of you asked me to cover what's happening with Proterra. You wanted an update on Proterra because there's a new risk factor.
One of the board members of Proterra is saying that she'll resign from the board if confirmed as Secretary of Energy in order to prevent conflicts of interest. And as you may recall, I said that the energy sector, coming from the Board of Proterra may have a very interesting benefit for Proterra because if she's looking to direct the biden administration to pick different companies to fulfill their goals, well guess what? Proterra would be the first one to come to mind. But then she decided to divest and step down from the board in order to prevent that conflict of interest. And now people are wondering if this is a disadvantage for Proterra or not. Now at the end of the day, obviously she was going to step down from the board. So the way that I see this is there's really just two different ways to look at this. The first is that divesting from the board to prevent conflicts of interest wouldn't be necessary if she wasn't planning on choosing Proterra in the first place. So if you weren't planning on choosing them in the first place, why even divest vesting could open up the possibility that they could choose Proterra? But on the flip side, she's also agreed not to even personally work with Proterra for up to a year.
So that's sort of the flip side of the argument. It says okay, well, wait a second. If she's that adamant not to have a perception of conflicting of interests, well, maybe that's a disadvantage for Proterra And I think that both of these are interesting arguments. But at the end of the day, folks, I think that her being on the board was really just icing on the cake.
These initiatives are a lot more than a one-year deal, and when choosing parties to fulfill these orders from the Federal government, Proterra is one of the best bets. And in a year's time, she'll be able to personally work with them. And even now she can have somebody else work with them on her behalf. So I don't know, folks.
I think that Actc is still a very, very intriguing play. and this isn't a big shocker to me, but we will be monitoring the situation to see what happens. Okay, Mara, Lovely Mara comment Lovely Mara below if you caught some of this run after Mara dipped. But anyways, folks, as we said back here, and as we were saying here, my price target on this is 60 dollars.
It's certainly going to be a up and down ride as Bitcoin becomes more mainstream this year. but stay the course and ride it up to 60 if you've done your due diligence and agree with my price Target in terms of Bitcoin we've seen in the last couple weeks and the last couple months really become increasingly more and more institutional and are seeing more and more bullish signs. There's a lot of notable people adopting Bitcoin. You have major companies looking to gain exposure all across the board.
You have miners like Mara increasing bets on themselves, and overall this is a medium to long-term play. Truth be told folks, everyone loves buying Mara and Bitcoin when it's going up, but many folks panic sold as it was going down a few weeks ago. The key is not panicking, but the key is putting in the work and doing your research and trusting in your own damn due diligence. Anyways, folks, if you have another ticker you'd like me to review, go ahead and comment it below. If you're wondering what brokerage to trade these stocks on, Well, we like to send people over to Weeble and they are giving four free stocks right now if you sign up and deposit with our link below. If you'd like To learn how to trade. we do offer Zip Trader U which of course gives you access to our daily morning briefings and of course our private chat. Anyways, have a great day and I'll see you in the next video.
You.
wkhs 2.75 were is it 35.85 thanks
One year ago guy had a $40-45 PT on this when it was in low $20. What about now, seems bottomed out, massive massive upside now???
It's dipped 47% since this video came out. Oops! 😉
lol RIP to all the bagholders that snapped this up in the low 20s.
How do you feel about sunw currently? It’s had a rough couple of months since this video. Thanks!
SUNW is doing the opposite of what you said it will do unfortunately
Do you think that SUNW can recover from this drop? Bought it in at $15.22 and I should have put on a stop loss. Live and learn I guess. Maybe also cover PTRA as well.
LOL
So uhhhh, did you sell this one lol?
What happened to sunw ):
What an ass. I brought at $60 and now it's down to $42. Unsubscribed.
Bro sunw is bad…
He says it is going to double but halves instead. Idiot
Sun works is crashing!!??
Can we get any kind of update on this?
Sun works is crashing..
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Whats up with UWMC?
charlie im scared about SUNW i'm in right now
Can you talk about FuelCell or Bloom
Charlie I like sunw at these oversold levels. The rsi 2 is quite low. Crsi very low. Also we double bottom at 16.58 and lows at 15.97 and 16.01 respectively in last sell offs. Still strong rsi 14 around the 50 level. Just need some small candles , today look like hammer or possibly doji at end of day. We shall see but I agree on solar and Mary j they flying high next two years. Macd 5,9,2 showing promise of bottoming
Soooo, what's SUNW target? $34?
I'm in on SUNW at 18.2. =)
It’s dipping hard SUNW please make another video on SUNW
LET'S GO SUNW
Everything I read elsewhere is saying that SUNW is not a good pick due to poor management with their financials over the past year. I bought in a little, but I'm feelin' like it's a little sketch.
tryna calm myself on SUNW
Charlie, I want to let you know that I appreciate your videos a lot. I’ve been watching you for the past two years when I started trading, and my portfolio has risen 25% since and keeps rising by each trade. Anytime I see one of your videos I make sure to study the business and do my DD and it works out 9/10 times. Your videos are the best man. Thank you!
LEGEND HAS IT THAT THOSE WHO PUSH THY RAVISHING LIKE BUTTON END UP WITH RAVISHING STOCK MARKET RETURNS!