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Revisiting Our Early 2023 Predictions

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tradestops.com

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Daily@exct.tradesmith.com

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Mon, Jun 19, 2023 12:16 PM

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Here’s how these triple-digit opportunities are performing today… Revisiting Our Early 202

Here’s how these triple-digit opportunities are performing today… [TradeSmith Daily]( Revisiting Our Early 2023 Predictions Editor's Note: As a reminder, the stock market is closed today. With the market closed today for the Juneteenth holiday, I thought it would be a good time for a “mid-year checkup” on some predictions from our friends at LikeFolio. If you haven’t met them yet, we’re talking about an investing “dream team” that has got a proprietary data-mining deal with Twitter that tells them what’s hot with consumers — long before Wall Street knows what’s happening. And they can transform that “intelligence” into moneymaking investment plays. And the system works. Back in November, LikeFolio principals Andy Swan, Landon Swan, and Megan Brantley shared three stocks they said could triple in 2023. Here are the stocks ([original video is available here if you’d like more context behind each pick]( LikeFolio Expert Stock Pick Timestamp Andy Swan Coinbase Global Inc. (COIN) 1:41 Megan Brantley Pinterest Inc. (PINS) 4:51 Landon Swan Hims and Hers Health Inc. (HIMS) 8:26 Not quite halfway through the year, here’s how these three are doing (all returns are as of this writing). RECOMMENDED LINK [Why this new A.I. could be “ChatGPT for investments”]( The world is now being swept by an Artificial Intelligence or A.I. Revolution... And the spark that launched this revolution was last year’s release of the breakthrough A.I. language processing program known as ChatGPT. What made ChatGPT so amazing was you could ask it a complex question and it could give you an answer in a matter of seconds. [Well, imagine if you had a similar kind of program... only for the stock market](. Imagine you could ask an A.I. program what price Google stock is going to be next month... Or how much the price of gold is going up or down... And what if it could predict those outcomes with astonishing accuracy? Well, believe it or not, one of the world’s leading financial tech companies, a company called TradeSmith, launched a program recently that does exactly that... [Click here to get the full story]( Coinbase Global Inc. (COIN) YTD Performance: +54.58% Coinbase has benefited from two surprising triggers — the fall of the FTX exchange and the recent bank failures. People who were previously using FTX to buy and sell crypto had to look for a new-and-trustworthy platform. Coinbase was an obvious candidate. And as a public company, the benefits of this shift were front-and-center — and rewarded shareholders in a rich way. We saw a similar surge because of the bank failures. Consumers looked for other spots to park their cash, with withdrawal mentions skyrocketing: The LikeFolio team saw a bullish set up heading into Coinbase’s most recent earnings, and we set up a trade opportunity for the members of Earnings Season Pass. Many folks pocketed a triple-digit return. More recently, the SEC crackdown on Coinbase has caused some volatility in the company’s share price. But in less than six full months, COIN has delivered a gain that’s five times the stock market’s long-term average full-year return of roughly 11%. And with his long-term outlook, [Andy is still a Coinbase bull](. Pinterest Inc. (PINS) YTD Performance: +5.64% The “longshot” opportunity here could be Pinterest, the San Francisco-based social media company that has carved out a nifty business based on image-sharing. But it’s really an AI company in disguise. Pinterest has mastered the art of blending content and ads — seamlessly — so that folks can’t tell where one ends and the other begins. The company keeps adding muscle. It bought the recommendation engine tech startup Kosei, which could recognize “400 million relationships between 30 million products,” in 2015. More recently, it acquired The Yes, an AI-powered shopping platform. Using algorithms and machine learning, Pinterest is artfully matching marketers and users. [And consumers are loving it](. It’s a bit of a nuanced strategy — and one that investors haven’t fully grasped… yet. But when they do, Pinterest shares could rocket. RECOMMENDED LINK [Wall Street Icon: 99% of U.S. Living in Delusion]( If you own a 401(k) or IRA and you’re worried about the major changes to our stocks, economy, our country — YOU ARE NOT ALONE. These are NOT normal circumstances... That’s why this Wall Street One Percenter risks EVERYTHING to share this important and urgent message. Contrary to popular belief, he reveals three steps to take right now to protect your retirement... and avoid “Financial Lockout.” [Click here to find out more… before it’s too late]( HIMS & Hers Health Inc. (HIMS) YTD Performance: +42.25% A bigger focus on infectious diseases and mental well-being was a key result of the COVID-19 pandemic. For instance, we’ve learned that being holed up at home had a long-lasting fallout — especially for students and young adults. As these issues have been brought to the forefront, people have become increasingly comfortable discussing them publicly. Social media is now an open forum for talking about depression and anxiety. The same goes for STDs, hair loss, acne, aging, and other personal care topics. In turn, consumers are seeking help from healthcare professionals and products to treat their symptoms. Happier, healthier lives are emerging: Two more of healthcare’s biggest buzzwords are “normalization” and “personalization.” Normalization refers to erasing the stigmas around mental and sexual health issues that prevent people from getting help. Personalization is about empowering individuals to manage their own healthcare needs and finding the right products and services for them. The San Francisco-based Hims & Hers is benefitting from both. Its direct-to-consumer (DTC) app and websites are drawing eyeballs like never before. Customers like the convenient access to healthcare providers and how “For Him” and “For Her” products make them feel better. The Scorecard Currently, Andy’s pick of Coinbase is in the lead for returns on the year, with Landon’s pick of HIMS not far behind. Megan’s pick of Pinterest has some catching up to do, but she’s still bullish on the long-term potential of PINS. Editor's Note: To make sure you never miss any important predictions and outlooks from the LikeFolio team, [click here](. Enjoy your Monday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [2023 Electric Vehicle Investing Guide]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Customer Service Request](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]

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