2020 is here! That means a new year and new trading opportunities.
The long-term trend has just shifted for these stocks, making them some of the strongest stocks for January 2020. An increase in bullish momentum and strong technical support is pushing share prices higher and higher.
Check out the Trade Triangles issued for these powerhouse stocks and their trend outlook.
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Hottest Stocks for January 2020
Xilinx, Inc. (XLNX)
Xilinx, Inc. designs and develops programmable devices, integrated circuits, memory controllers, and software.
Avg. Volume: 3,075,163
Market Cap: 25B
Monthly Green Trade Triangle: 1/2/20 @ $99.55
Smart Scan Score: +100
Free Daily Report for XLNX
Western Digital Corp. (WDC)
Western Digital Corp. develops, manufactures, and sells a wide variety of data storage and technology solutions worldwide including hard disks, surveillance systems, and wearable devices.
Avg. Volume: 4,748,428
Market Cap: 19B
Monthly Green Trade Triangle: 1/2/20 @ $63.60
Smart Scan Score: +100
Free Daily Report for WDC
Telaria, Inc. (TLRA)
Telaria, Inc. provides a platform to manage and monetize video advertising with real-time analytics, data, and control tools.
Avg. Volume: 800,133
Market Cap: 454M
Monthly Green Trade Triangle: 1/2/20 @ $9.58
Smart Scan Score: +100
Free Daily Report for TLRA
PayPal Holdings Corp, Inc. (PYPL)
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide.
Avg. Volume: 6,739,174
Market Cap: 129B
Monthly Green Trade Triangle: 1/2/20 @ $110.18
Smart Scan Score: +100
Free Daily Report for PYPL
Cenovus Energy, Inc. (CVE)
Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States.
Avg. Volume: 3,195,563
Market Cap: 12B
Monthly Green Trade Triangle: 1/2/20 @ $10.24
Smart Scan Score: +100
Free Daily Report for CVE
Match Group, Inc. (MTCH)
Match Group, Inc. provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands.
Avg. Volume: 2,097,438
Market Cap: 23B
Monthly Green Trade Triangle: 1/2/20 @ $84.21
Smart Scan Score: +100
Free Daily Report for MTCH
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