Rocky’s Weekly Stock Picks
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Ein Bar (market) !
The one person that checks my Instagram is ashamed of me for using that line twice. And the same image. It’s a great image, though.
If you’re like me, you have a more money in your checking account than normal this week. Largely due to simply saving and not spending. Aside from automatic recurring investments, of course. I highly recommend automatically contributing to a Fidelity IRA and creating a trading account with a managed portfolio. I’m sure other brokerages offer the same thing.
By now it’s pretty much a given what I’m ready to buy. NAK, NOK, RIOT, T, etc. And of course I did to some extent. And I still stand by those as great picks any day of the week, but let’s say you want to diversify. We love diversity. And equity.
CEQP - Equity is in the name, come on now. Also, it’s still moving towards that $30 mark.
ET - Energy Transfer. They do what it sounds like they do. It’s under $8, which I say is a good price for buy and hold. Also, weekly options.
SBS - Employing just under 14,000 Brazilians, this company provides water and poop removal services to Sau Paulo. Sau Paulo is in Brazil, right? Not really important, it’s a safe investment. I did practically no research at all on this stock, but I did see it on rockydennispresents.com at one point in time as a recommendation. Seriously, like half their job is raw sewage. Last I checked, people are still pooping regularly.
BBCP - Normally I stay away from newer companies, but I’ve got a good feeling about this one. It combines concrete and waste management. Indeed, concrete waste management is a thing. Honestly if you could afford shares in any given company involved in concrete and/or concrete accessories, now is a great time to buy into concrete.
The management of concrete waste is a necessity for so long as concrete is a necessity. And it is a necessity because nuclear power requires it. More specifically, nuclear waste containment requires it. Which brings us to #5
UEC - If the position numbers mattered, this would be #1. Just as concrete is essential for containment of spent nuclear fuel, uranium is necessary for use as nuclear fuel. Moreover, options trade on UEC. I’ve been buying shares on puts that I sell, and selling calls on the shares I bought. You really can’t lose. Or you can just buy shares and sit on them, that’s cool, too.
If you’ve only got $100, and want some action, then look at either NAK or SNDL. I’m guessing NAK is going to be the way to go. Just buy-write 100 shares (currently $0.61) . I haven’t checked the options on SNDL, but the stock price is at $1.15 atm, so I’m thinking you could sell a $1 put for close to 10% return, but we’ll see after the market opens. Queuing up an order ahead of time is a crapshoot with SNDL, for obvious reasons. (Cheap, weekly options, weed) + (teens/college kids, stimulus, Robinhood) = abnormal volatility.
