• 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
    • Bruce Kamich
    • Doug Kass
    • 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
  3. / Stocks

A 'Picker's' Delight: These Stocks Are on My Screen Today

The main themes are bitcoin, cannabis, stocks priced under $10, small biotechnology, and small-caps in general.
By JAMES "REV SHARK" DEPORRE
Feb 08, 2021 | 11:31 AM EST
Stocks quotes in this article: SPY, IWM, ALTO, PEIX, XERS, NPA, AUPH, VFF, EVGN, GMDA, TCNNF, CRLBF, DFLYF, GMBL, GAN, CAN

For stock-pickers like me, the action in this market is overwhelmingly positive. Out of 150 or so stocks that I'm holding, about 140 gapped higher Monday morning. Market breadth is running 6,000 gainers to 1,500 decliners, and there are over 1,200 stocks hitting new 12-month highs.

While the indices are nicely higher, with the S&P 500 ETF (SPY) up around 0.5%, small-caps are flying, with the Russell 2000 ETF (IWM) up around 1.7%.

I've been yammering about this for quite a while, but this market is offering some of the best stock-picking since the internet bubble in 2000. This actually is better in a number of ways as many of the stocks are not as grossly extended as some of the names back then, and many have very strong stories. This isn't just "page views" or some crazy metric being used to justify crazy valuations.

The main themes Monday morning are bitcoin, cannabis, stocks priced under $10, small biotechnology, and smaller-cap stocks in general.

My Stock of the Week is one I've discussed many times recently -- Alto Ingredients (ALTO) , which was previously called Pacific Ethanol (PEIX) . The company changed its name to reflect a shift into specialized, high-quality ethanol for various purposes.

Some of the top names on my screens are ones I've discussed many times in recent columns. Xeris Pharmaceuticals (XERS) , for example, was named as my top small-cap, New Providence Acquisition Corp.  (NPA) is my top "space" play, and Aurinia Pharmaceuticals (AUPH) was recently highlighted as a bottom-fishing play.

Some others that I'm looking good include Village Farms International (VFF) , Evogene (EVGN) , Gamida Cell (GMDA) , Trulieve Cannabis (TCNNF) , Cresco Labs (CRLBF) , Draganfly (DFLYF) , Esports Entertainment Group (GMBL) , GAN Ltd. (GAN) , and Canaan Inc. (CAN) .

I've been a net seller this morning into some of these gaps simply as a matter of prudent money management, but typically my methodology is to look for buys later in the day, and I may even rebuy some of the names that I reduced this morning.

This is an amazingly strong market for stock-pickers.  Don't squander the opportunities by looking for market tops.

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, Rev Shark was long ALTO, AUPH, VFF, EVGN, GMDA, NPA, TCNNF, CRLBF, DFLYF, GMBL, GAN, and CAN.

TAGS: Bitcoin | Futures | Investing | Markets | Small Cap | Stocks | Trading | Cannabis

More from Stocks

Does the Big Bounce Mean More to Come? Let's See What Drove the Move

James "Rev Shark" DePorre
Jun 24, 2022 4:42 PM EDT

Much of the rally can be attributed to structural reasons, not fundamentals, technicals, or even macro ones.

MongoDB Is Poised for a Rally

Bruce Kamich
Jun 24, 2022 2:15 PM EDT

Here's our initial upside price target for MDB which provides a general purpose database platform.

See That Down the Road? It's the Big 'Green' Bubble, Ready to Pop

Jim Collins
Jun 24, 2022 1:30 PM EDT

Environmental, social, and corporate governance has created a monster and gullible investors should hit the brakes on their EVs and run from the Washington technocrats while they have the chance.

When Times Are Tough, These 3 Mega-Caps Should Deliver the Dividends

Bob Ciura
Jun 24, 2022 1:00 PM EDT

Here's why in recessions and bear markets, the right mega-cap stocks can offer security -- and good yields.

Atlassian Is Now in the Latter Stages of Its Decline

Bruce Kamich
Jun 24, 2022 12:22 PM EDT

Let's check the charts and indicators.

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

  • 08:55 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    The 10 personality traits of successful traders an...
  • 12:08 PM EDT STEPHEN GUILFOYLE

    Stocks Under $10

    As a Portfolio Name Agrees to a Merger, Here's Our...
  • 10:44 AM EDT PAUL PRICE

    My Very Best Pick for the Next 12 Months

    American Woodmark . It rarely gets better than th...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2022 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