• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Doug Kass
    • Bruce Kamich
    • Jim Cramer
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing

Looking for a Handful of Outside-the-Box or Newer Names to Cover Soon

Also, Las Vegas Sands is looking to get into sports gambling.
By TIMOTHY COLLINS
Jan 08, 2021 | 03:17 PM EST
Stocks quotes in this article: AAPL, TSLA, LVS

While I don't anticipate this market to change immediately, I don't buy into the belief that "this time is different". History don't repeat, but it often rhymes. No, this isn't the dot-com bubble, but it echoes the sentiments of irrational exuberance. This time we're buoyed by cheap money. Even if that remains, it won't stay cheap forever.

Again, 2021 probably isn't the year it disappears, but I don't think it will be as forgiving as the last nine months of 2020. To make matters worse, the list of names I don't own or don't own the level I wanted to own in my long-term portfolio have run past the point where I want to purchase them currently. That has left me digging deeper into the land of small-caps and microcaps to find opportunity. On that front, due diligence takes significantly longer. It often requires reaching out to management for one-on-one conversations. As you can imagine, that's not something that can be done with large companies, but you'd be surprised how open and accommodating executives of smaller companies can be.

I hope to have a handful of outside-the-box or newer names to cover in the next two weeks beyond the Apples (AAPL) and Teslas (TSLA) of the world. Maybe we can even discuss something that isn't a SPAC or an electric vehicle.

I'm also deploying more funds into the private markets over the next year. The Reg A+ offerings have opened the door for the opportunity to find investments with their best growth still ahead of them. Currently I see SPACs as the most similar opportunity to the private side but only if you are able to catch the SPAC shortly before a deal or on a dip after a deal is announced. Yes, that's much more easily said than executed. I absolutely acknowledge that which is the core reason I've been getting more active and involved in companies still in the private markets with the goal of being public in the next 12 to 24 months.

One piece of breaking news worth noting is the Las Vegas Sands (LVS) announcement it is looking to get into sports gambling. I won't pretend to know who they will partner with but it's likely to be one of the usual suspects. I don't know that I would chase LVS into the pop today. It's a bit extended on the weekly chart, however, I would watch for a close above $60. If we get that on a weekly basis or consecutive days on a daily chart, then I would consider a bullish position around the stock. I expect we'll need another week or two in this $55 to $60 range to get strong breakout, but this is worth a watch.

As we wind down an eventful start to the first week of 2021, it's fair to say things appear as though they are going to remain interesting for the first quarter. The need for discipline is going to return sooner rather than later in my view, so keep that in mind as you position yourself for the new year. Stay safe out there and with the first full week of trading behind us I can now say welcome to 2021. 

(Apple is a holding in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells AAPL? Learn more now.)

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, Timothy Collins was Long TSLA skip strike put butterfly.

TAGS: Investing | Markets | Stocks | Trading | Sports business

More from Investing

Navigating the Cycles of the Market

James "Rev Shark" DePorre
Apr 17, 2021 10:00 AM EDT

How Recency Bias and the Pareto Principle impact your trading decisions.

Netflix Reports Earnings on Tuesday: 5 Important Things to Watch

Eric Jhonsa
Apr 17, 2021 8:00 AM EDT

Along with its total subscriber adds, keep an eye on Netflix's regional growth rates, as well as its free cash flow guidance and content spending outlook.

Market Indices Continue to Hide Crazy Rotational Action

James "Rev Shark" DePorre
Apr 16, 2021 4:41 PM EDT

Fundamentals and valuations are secondary to shifting money into certain sectors.

Is the Market Wrong on Bank of America? Here's What the Charts Say

Bruce Kamich
Apr 16, 2021 2:21 PM EDT

Let's check in again on BAC after its latest earnings.

Liquid Media Group Is a Hidden Gem

Timothy Collins
Apr 16, 2021 1:33 PM EDT

With the options open, I believe the near-term puts offer an attractive play.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 08:05 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    How recency bias and the Pareto Principle impact y...
  • 02:42 PM EDT PAUL PRICE

    Wednesday on Real Money Pro

    Make this stock a 'part' of your portfolio.
  • 04:44 PM EDT PAUL PRICE

    Pretty Incredible + Hard to Believe

  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2021 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login