Posted March 11, 2021
By Ray Blanco
Dear Technology Profits Daily Reader,
Im not worried about inflation or interest rates.
And if youre trying to catch up in your retirement savings
You shouldnt be worried, either!
The bottom line is stocks are still where you want to be.
That is if you want to earn a real return on your cash.
In my video last week, I gave you six real reasons to get excited right now about small caps my favorite type of stock to trade.
These stocks THRIVE when inflation expectations and interest rates are on the rise.
Today, I reveal three breakout tech small caps that are surging higher in spite of the sell-off.
Click on the image below to get started.
As always, Ive included my notes on these three superstar small-cap stocks below.
- First, lets look at the chart for iShares Russell 2000 ETF (IWM) that tracks small-cap stocks. Youve probably heard a lot about tech stocks getting battered, but small caps have done pretty well. And we covered this in our last video.
- Small-cap stocks are blowing away large caps by a huge margin
- The first stock were going to talk about today is Second Sight Medical Products Inc. (EYES), a small company that specializes in helping give sight to the blind through ocular implants.
- You might think this recent action is doomed to come crashing back down but youd be wrong! Lets take a closer look at the companys chart
- You might look at the daily chart and think this is a shooting star bound to come back down, but its actually a breakout
- Its a great entry point before shares head any higher
- The next stock on my watchlist today is Cass Information Systems Inc. (CASS), an industrial financial technology company with over 100 years of pedigree in the industry.
- Taking a look at the chart, youve got a beautiful breakout above $45 per share
- Shares have been trading between $30 and $45, giving us a price target of $60, well above where the stock is trading now
- The final stock on our list today is Nielsen Holdings plc (NLSN), which helps media companies measure their television ratings.
- It just sold off its digital advertising business to Roku
- The stock's recent breakout is at $25
- Looking at the long term, the stock is heading back to a midpoint between recent lows and the 2016 highs to $34