Dog Watch for the week ahead – fourth week of December

Strong Buy

Marathon Patent

Marathon Patent Group (NASDAQ: MARA) is a digital asset technology company that mines cryptocurrencies. Marathon has 2,060 advanced ASIC bitcoin miners at a co-hosted facility in North Dakota. The latest news has Marathon entering a contract with Bitmain to purchase an additional 10,000 Antminer S-19 Pro ASIC miners. 

Once all the miners will be delivered the company will own 33,560 state-of-the-art ASIC miners by the end of 2021. This will make them one of the 5 biggest crypto mining companies in the US. Marathon’s stock is highly correlated with bitcoin. Considering the last days’ rally from $5 to $8 we can confirm that while bitcoin was raising so do Marathon did. Our team is expecting this stock to rally over $20 a year from today. For a more detailed explanation check our article about Marathon stock!

Strong Buy

Johnson & Johnson

Johnson & Johnson (NYSE: JNJ) along with Janssen Pharmaceuticals and Edurant in the European Union got authorized Vocabria (cabotegravir injection and tablets) earlier today for the treatment of HIV-1 infection in adults who are virologically suppressed. Along with that, JNJ says has fully enrolled patients to the last stage of the COVID-19 trial vaccine. All these fundamentals together are expected to bring the stock higher today and in the nearest future. Our team is bullish on this stock and has high expectations.

Bullish

Blink Charging

Blink Charging (NASDAQ: BLNK) last week signed an agreement with Illinois’ Blessing Health System for the development of 20 electric vehicles (Blink-owned IQ 200). Our team is bullish on this stock and we have bought this stock when it was at $19.25. Right now, Blink is at $36.34. If you do not follow us and didn’t have the chance to buy this stock, we would advise you to wait for a correction and then buy. If you already hold shares expect a rise.

Buy

JNS Holding Corp

JNS Holding Corp (JNSH) is a penny stock. The company operates as an electrical design-build construction services contractor. It distributes electric vehicle charging stations which are used to charge the batteries of vehicles. The reason we find this interesting is because this company is providing services to Switchback Energy Acquisition Corporation (SBE). SBE is currently controlling 80% of the charging machines in the market and the fact that is buying chargers from JNS is something to consider. We believe this stock will start going up in later years when EV will widely be in use.

Bullish

Luminary Technologies

Luminar Technologies (NASDAQ: LAZR) has big clients such as Volvo and Nvidia. The most interesting of all is Mobileye – belongs to Intel -. Mobileye is an Israeli company that joined forces with Luminar two years ago. Mobileye is a self-driving car add on technology that can be added or installed on any vehicle. AI is used to detect movements on the vehicle. 

The two companies are combining their technology to create a super-secure autonomous driving based on lidar systems. The stock is in the early stages and is expected to start boosting in 2022. We bought Luminar at $25 since the revenue growth expectation is more than 120% yearly till 2025! Check more on the technical analysis and the full strategy we will use on Luminar Technologies stock(when to sell, when to repurchase etc.).

Bullish

Aquabounty Technologies Inc

Aquabounty (NASDAQ: AQB) is a biotechnology company of research and development of modified fish. If you take a look at the recent insider transactions, we see positivity and confidence in the long term. Our team purchased AQB at $6 the stock is now at $8.09. We will continue holding the stock. The company has granted underwriters a public offering of shares at $6.50 for expected proceeds of $58 million. The offering closed and the proceeds were raised to build its first large-scale salmon farm. Moreover, the stock was a penny stock for many years until this year.

Bullish

Tuscan Holdings

Tuscan Holdings (NASDAQ: THCB) is expected to announce further confirmation on its Microvast SPAC Merger. SPAC made a turn from cannabis to a big pivot in the world of EV. This is when the company started gaining attention from investors. Microvast specializes in battery systems to power a wide range of EVs. Microvast is not focusing on the passenger vehicle but instead on other transportations such as buses and taxis. In 2018, the Microvast battery systems were featuring in electric buses in the Olympics’ in South Korea. We believe that once the merger comes out with more details the stock will rally up.

Buy

Surface Oncology Inc.

Surface (NASDAQ: SURF) is a clinical-stage immunology company developing therapies for the treatment of cancer. After its announcement of partnering with GlaxoSmithKline (NYSE: GSK) for worldwide development and license to its SRF 813 program, the stock went up by 7%. The company has validated its position of strong immunology capabilities drugs and will continue its development in other areas too. Big institutions and analysts have a bullish mood on this stock which is now at $9.04.

Disclaimer: I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.

Natalya C. - Junior Analyst at FDGT Academy

Natalya C. - Junior Analyst at FDGT Academy

I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.