Brian Bolan is the Aggressive Growth Stock Strategist for Zacks Investment Research and he has a few names to close out 2019. Brian wants this stocks to be on your radar screen for 2020, so let’s get right to it.
Zendesk ZEN is a Zacks Rank #1 (Strong Buy) and Brian really likes this stock. Before the video he noted that the stock had a recent pull back and is poised for a run. In the video Brian highlights the idea of the stock beating the number and posting significant year over year revenue growth. Brian believes that this stock can get to $100 by the middle of 2020.
Surgery Partners SGRY is the next stock on the list, but this was more of a special case. Brian took a look at the normal numbers but pointed us to a number that wasn’t on the Zacks site and that is the short interest. In a strong market, which is what we have now, the shorts are getting crushed and with a 32% short interest a squeeze in this name could CONTINUE. Brian wanted that emphasis added there as the stock has run, but there are still far too many shares sold short. It is a crowded trade and Brian believes this stock hits $20 in the near term.
Finally, as Brian was reviewing the short squeeze idea for SGRY, he pulled up Telsa TSLA which was trading at $405 today. Brian has long been a fan of the stock and the cars and delivered the humble brag of being a Model X owner. He also committed to buying the Cybertruck down the road.
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