Small Cap Momentum Stories to Watch (BLNK, MMEDF, CLKA, CRIS)
The market has been red hot, and momentum investors have been lined up to take advantage. But, with two fresh vaccine solutions already in the mix and the Fed and Treasury cutting checks for the economy at an all-time record pace, the real upward potential for speculative stocks in this market is difficult to gauge. So far, this year, there have been 88 IPO’s for net negative income new issues, at a ratio that’s twice the pace we saw in the mid to late 1990’s. After that point, two decades ago, we saw small and mid-cap stocks double, triple, and more. While contrarians will tell you these are “red flags”, the reality is this: the biggest upside in any bull market is after the red flags are in place and the retail public gets fully engaged. As we head out of the pandemic era and into a brand new stage of the bull, investors may benefit from earmarking some of their capital for speculative small caps with promising momentum and stories. With that in mind, we take a look a few stocks that could be set for more juice or coming breakouts ahead, including: Blink Charging Co (NASDAQ:BLNK), Mind Medicine (MindMed) Inc (OTCMKTS:MMEDF), Clikia Corp (OTCMKTS:CLKA), and Curis Inc (NASDAQ:CRIS). Read the full article