Here are a few of my favorite possibilities for 2024:
Possible 50% gainers:
ENVX. Volatile stock should move up as it get its battery plant up and running in 2024 and starts fulfilling orders. Head honco very successful in past with his startups. Not profitable though until 2025, I suspect.
DLO. Another payment processing company. At least it's profitable. Very high p/e, not too much d/e. Other metrics look good too. I'm in now with a few shares. Can business continue like it has been?
finance.yahoo.com
I believe I have been wrong on every single stock I've mentioned here as a possible 50% gainer in the last four years. Not only wrong, but catastrophically wrong when the stocks have collapsed instead of rising.
Chinese: BABA recovers. Maybe. I hold only a tracking position
Drill ships. RIG is volatile RIG and I've been adding to on dips, as I've noted. Shortage of drill ships projected in upcoming years. In 2024/2025 the market should better recognize the business prospects.
Continuation of good times:
Carnival (CCL)
Uranium (SRUUF, URA, others)
FCNCA bank. Can maybe develop Silicon Valley Bank business which it got on favorable price when SVB went bust.
ATKR: "Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solution." i've just a tracking position.
Betting with Prem Watsa: Fairfax Financial (FRFHX tracking position. I bought after it made its good move in 2023 though. More upside to come I hope.) and Fairfax India (FFXDF)
Maybe getting breakeven or better for me in 2024:
LEG
DAC. Cheap shipping stock with good metrics (imo). But it's "shipping" -- a dangerous volatile sector I've found.
A stock not doing well and not mentioned here in a while:
SEB. I hold and hope for a better 2024
finance.yahoo.com
Oil/gas: EOG. Maybe I'll move to breakeven or better on this one in 2024
Coal: BTU. Other coal stocks moving up. Some quite nicely. Not BTU. I hold and wait and hope and
expect the stock eventually see highs. Maybe in 2024.
Insurance. In 2024 I should find that FIHL is either a sort of an ok very cheap insurer, or that it is a scam or has some other issues.
finance.yahoo.com
Can't lose on these stocks in 2024. (Haha)
X, HOLI, CPRI.
Playing the takeover game for a few dollars. (Because you can lose.)
I give up. Just so many possibilities. I've been so wrong on my year-end predictions. Maybe I've listed enough this year where it might turn out differently. |
