Caution: Trading Near All Time Highs – 3 Strong Buy Rating Stocks

Caution: Trading Near All Time Highs – 3 Strong Buy Rating Stocks

there is no denying that stock market is historically overvalued no matter what ratio or indicator you look at s p 500 is overvalued given the current valuations stock valuation that lead to the historic crash of 1930 and 1999 looked cheap today i’m not a bear market fear monger but portray doom and gloom scenarios at the moment i have no short position but given the high valuations i have prudently changed my strategy in this video i will discuss three strong buy rating stocks that can make you handsome money whether you are in a crash correction or rally phase like the video and press the subscribe and bell notification buttons to help support the channel your support really means a lot to me i trade in my favorite stock that i fully understand and i am making handsome money through options for example i understand sava stock and as per analysis i don’t expect it to fall to 80 by august 27th so i sold 10 foot options on thursday for 540 premium per contract for 80 strike and august 27th expiry and in total pocketed 5400 in weekly premium now you would be surprised to know that my put options are already in sixty percent profit imagine making five thousand four hundred dollars in one week premium on sava stock is really juicy you can copy these trades with me as i share these trades the same time i execute them on my private discord server similarly i know expand stock and knew that it usually bounces back from its trendline support levels so after identifying support level of 37 i sold weekly put options expiring august 20 and pocketed handsome premium and as expected expand bounced back from 37 and my puts expired worthless and i kept the premium for free i share these trades the same time i execute them on my private discord server if you are interested to join then link to join is given in the description below now let’s discuss our first stock and that is none other than tesla incorporation ticker symbol tsla one can make handsome money on tesla stock by playing both ways taking benefit of the dip by selling low probability put options and when tesla is stretched on the charts you can sell covered calls when tesla jumped to 720 plus i sold covered calls and then it dipped to 660-670 we sold low probability weekly put options and pocketed handsome premium if you have seen my previous videos on tesla then you know that i recommend avoiding the china and michael berry noise i have a by the deep stance on tesla that so far has proved correct on may 17 2020 big short’s michael berry announced via tweet that he bet against tesla this tweet brought a temporary slump of 529 dollars per share due to the panic sell-off but you can see the share price surge since the dip for 529 dollars to 729 dollars now how serious burbees tweet was taken by the investors it could be seen that the share price of tesla searched around two hundred dollars per share since burbee street of august 13 2021 but those who took the dip of 529 on may 19 2021 as buying opportunity and bought the positions in tesla stock must have pocketed a gain of around two hundred dollars per share in less than three months time now again after the unassertive strategy michael berry shorted cathy woods arc innovation etf named ark s tesla has biggest position in rk etf of over 3.2 million shares so the burba’s recent bat on rk was taken indirectly against tesla and again due to the panic selloff the share price dive to 648 dollars per share on that day but like the previous unasserted move of bury stocks started surging and now trading around 700 per share just recall the stock behavior on barry’s previous tweet where it surged around two hundred dollars in less than three months it is again knocking the door to buy a dip whereas the stock is on the linear growth track and would hit the new highs on its upcoming catalyst during this quarter and the next first surprise being the approval of bipartisan infrastructure bill to rebuild the u.s infrastructure including 7.5 billion dollars to create the first federal network of charging stations for electric vehicles this electric vehicles charging station network to bring a revolution for e-waste and tesla being the u.s market leader would ultimately be one of the major beneficiary of the infrastructure plan tesla hosted ai day on thursday night to showcase its progress in the use of artificial intelligence elon musk announced that tesla is to build a humanoid robot that will have a prototype next year musk revealed what this upcoming robot will do it’s basically going to start dealing with work that is boring repetitive and dangerous musk said of the tesla robot what is the work that people would least like to do though the details about this proposed robot haven’t been disclosed by the musk but diversification from electric cars energy solutions to renewable sources power walls upcoming battery efficiency to now developing a robot would bring the tesla to another world and surely generate an other revenue stream for it tesla is a d-risk stock ready to take off just a little ignition is required from new side any update on cyber truck production will make it move like a rocket ship apart from tesla’s continuous driving on innovation the company operating and financial performance is incredible tesla’s penetration in chinese market is one out of many factors which distinguishes tesla from the rivals you will be surprised to know that tesla has sold more than double evs to chinese customers in the month of june 2021 then the volkswagen total sales during second quarter 2021 volkswagen sold 12 041 eb’s in china during 42 2021 whereas tesla sold 28 138 evs in china during the single month of june 2021. with these record deliveries tesla revenue during quarter to 2021 has been up by 157 percent year-over-year basis tesla has become such a stock that investors are now offering you that missing the tesla debt means missing a big opportunity tesla’s quarter to 2021 earnings were also impressive the company could generate 11.96 billion dollars revenue during quarter to 2021 which represent 98 increase year-over-year basis whereas the total gross margin has been up by 128 percent year-over-year basis next on the list is chinese premium automaker neo incorporation ticker symbol and io china is the largest market for battery-powered electric vehicles also known as bevs and hybrid passenger cars china is expected to sell 24 million evs in 2030. the future of evs in chinese market is bright the founder of byd bank chuanfe said in a conference that evs would account for 70 of china’s new car sales by 2030 whereas neo founder williamly anticipates this dominance by 90 percent near would be among major beneficiaries of these growing numbers of evs in chinese market neo’s continuous improvement in unit sales is showing the customers interest and confidence over neo’s premium electric cars and will push the sales to new highs neo is still undervalued if compared with the improvement in deliveries and earnings chinese government is aggressively supporting chinese eevee makers major 20 cities of china which has largest car sales including shanghai beijing wuhan and guanzo have implemented a broad array of ev promotion policies neo has released unaudited second quarter earnings on august 12 2021. neo reported that revenue of over 8.4 billion rmb or 1.3 billion us dollars which represent 127.2 increase year over year and 5.8 quarter over quarter the gross margin has been up impressively year over year by 402.7 to rmb 1.5 billion or 243.8 million us dollars the vehicle sales has been reported 94 of the total revenue of 7.9 billion rmb or 1.2 billion us dollars during quarter to 2021. now that represents 127 increase year over year and around 7 increase quarter over quarter the vehicle’s margin remained 20.3 percent during quarter to 2021 as compared to 9.7 in same quarter last year neo is on its track of improving its deliveries every month which is bringing each quarter to the new levels of improvement neo delivered 7931 vehicles during the month of july 2021 representing a strong growth of 124.5 percent year over year this continuous growth in news ev sales shows the customer trust over near seven wall street analysts offered an average price target of sixty six point zero one dollars per share which is over seventy seven point eight three percent up from the current price whereas the highest price target for neo by these analysts is seventy dollars per share which is over 94 up from the current price so neo is a safe stock and should be bought on dips or you can sell put options to take benefit of the panic and pocket handsome premium next on the list is another chinese eevee maker ex-bank in corporation ticker symbol xpev x-bang is a hyper growth stock and now with the planned launch of its affordable 25 000 ev xbang is embarking on the mass market domination strategy even with existing models x-bank reported incredible deliveries during quarter 2021 you’ll be surprised to know x-bank has delivered 439 percent more units as compared to the same quarter of previous year company’s aggressive delivery performance is indicating that it will continue to improve its top-line performance in future july 2021 has been a record month for x-bang in terms of vehicle deliveries the company delivered 8040 vehicles during this month which represent a 228 increase year over year those deliveries made a total of 38 778 units delivered since january first 2021 making an increase of 388 year over year above these promising deliveries the key number to note that during july 2021 the company’s model p7 hit the highest monthly deliveries of 6054 units since it was launched this highest hit model p7 has also achieved 5 star safety rating in china’s latest cnc ap safety test companies another model g3 is one of the oldest model but the company’s transformation of g3 to g3i has made it more attractive for customers g3i is a smart suv which has been launched three weeks ago g3 model has also been ranked top quality compact battery powered ev in jd power 2021 study during july 2021 the company delivered 1986 units of its smart compact suv g3 the addition of the smart suv compact would lift the company’s sales to a new level the upcoming catalyst for xbang is that the company is to launch its new smart sedan p5 in quarter 3 2021 the company has also announced the price range of its upcoming p5 sit-down model that ranges from 160 000 rmb to 230 000 rmb that means starting from 25 000 you can imagine that this level of cheap ev would beat many evs in the market and will cash the market segment which wasn’t addressed by the other evs like tesla the seven wall street analyst offered an average price target of 55 per share which is over 40 up from the current price whereas the highest price target for x-bank by these analysts is 72 dollars per share which is again over 86 percent up from the current price [Music] 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Caution: Trading Near All Time Highs - 3 Strong Buy Rating Stocks

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