Investing Insights: Stocks Worth Holding onto for April and May 2024

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The stock market can be a thrilling ride, offering the chance for significant gains. But navigating its twists and turns requires knowledge and a well-crafted strategy. This article aims to be your guide, using a predictive model to identify promising opportunities for the next two months, April and May 2024.

Here, we'll uncover stocks and ETFs with high growth potential, sorted by their level of risk and reward. Additionally, we'll discuss important market events that might influence these investments and offer practical tips to handle them wisely. But before diving in, it's crucial to understand your risk tolerance. Are you comfortable with potentially high returns accompanied by greater volatility (price fluctuations)? Or do you prefer a steadier, lower-risk approach? This will determine which investment category best suits you.

The Predictive Model

Our predictive model utilizes a combination of factors, including past performance (12-month momentum) and intermediate momentum (recent trends), to identify stocks with the potential for growth in April and May 2024. It's important to remember that no model is perfect, and market events can influence stock prices. That's why we are highlighting expected market events that will likely cause systematic risk in the entire US market, as well as methods to navigate them effectively so you can maximize your profit.

Key Market Events in April and May

While our model highlights promising opportunities, be aware of these key market events that could cause temporary price fluctuations:

• Employment Data (April 5th): The unemployment rate and the US stock index share a close inverse relationship. When the unemployment rate decreases, the US stock index typically rises, and vice versa. However, this relationship may not always occur simultaneously or persistently. Moreover, considering the current economic situation, a higher unemployment rate could potentially benefit the stock market. Therefore, predicting the exact outcome is challenging. Nevertheless, irrespective of market direction, we anticipate the stocks highlighted in the article to yield positive returns.

• Economic Data Releases (April 10th): The inflation rate serves as a powerful gauge for the direction of the US stock market. As of February 2024, the inflation rate stood at 3.2%, with March 2024 data set to be released in April. A higher-than-expected inflation rate could trigger market volatility for a week or two, potentially resulting in losses. However, it's common for stocks to rebound after this initial turbulence. The actual inflation data remains uncertain until its release, but we are optimistic for a lower inflation rate.

• Earnings Season (April 20th - May 15th): This period marks the individual stocks' earnings season. The stocks highlighted in this article are anticipated to deliver strong earnings reports for Q1 2024. Consequently, this category should not adversely affect our investment strategy.

The Investment Landscape: Three Categories

Our model has identified potential opportunities across three categories:

Emerging Companies: High Risk, High Reward (50%-150% expected return)

This category features exciting young companies with the potential for explosive growth. However, these companies are also more susceptible to market fluctuations. Think of them as rockets – they can soar high, but the ride might be bumpy.

Mid-Cap Companies
Symbol	Company Name	Estimated Q1 2024 Earning Date	1Yr Return	April Month End Return
VKTX	Viking Therapeutics, Inc.	April 24, 2024	431.80%	4.47%
CLSK	CleanSpark, Inc.	May 8, 2024	759.76%	1.64%
DYN	Dyne Therapeutics, Inc.	May 01, 2024	154.36%	-1.40%
IBRX	ImmunityBio, Inc.	May 09, 2024	230.72%	62.8%
MOR	MorphoSys AG	April 29, 2024	348.06%	-1.05%
Total Return				66.46%

Large-Cap Companies: Moderate Risk, Moderate Reward (25%-50% expected return)

These companies are more established than emerging ones, offering a balance between growth potential and stability. Imagine them as fast cars – they can navigate the market twists and turns well while still offering a thrilling ride.

			Large-Cap Companies
Symbol	Company Name	Estimated Q1 2024 Earning Date	1Yr Return	April Return
META	Meta Platforms, Inc.	Apr 24, 2024	143%	-11.5%
CVNA	Carvana Co.	May 2, 2024	1071.06%	47.59%
ARM	Arm Holdings plc	May 23, 2024	97.61%	-16.55%
VST	Vistra Corp.	May 09, 2024	196.19%	15.52%
WSM	Williams-Sonoma, Inc.	May 28, 2024	167.76%	-0.55%
CRWD	CrowdStrike Holdings, Inc.	May 29, 2024	149.62%	0.33%
VRT	Vertiv Holdings Co	Apr 24, 2024	518.32%	15.27%
HOOD	Robinhood Markets, Inc.	May 08, 2024	131.20%	-2.7%
NTRA	Natera, Inc.	May 14, 2024	68.24%	5.00%
NFLX	Netflix, Inc.	Apr 18, 2024	87.03%	-6.13%
Total				46.28%

ETFs: Low Risk, Low Return (10%-30% expected return)

Exchange-Traded Funds (ETFs) are baskets of various stocks, offering a diversified and lower-risk approach. Think of them as a comfortable train journey – you might not reach your destination in record time, but the ride is smooth and steady.

		Exchange-Traded funds (ETFs)
Symbol	ETF Name	1Yr Return	April Month End Return
CANC	Tema Oncology ETF	12.17%	2.22%
CONL	GraniteShares 2x Long COIN Daily ETF	740.61%	-25.49%
GBTC	Grayscale Bitcoin Trust ETF	306.09%	-9.37%
DAPP	VanEck Digital Transformation ETF	189.90%	-10%
FNGG	Direxion Daily NYSE FANG+ Bull 2X Shares	158.78%	-7.03%
Total Return			-49.64%

Here are some tips to navigate the market events and maximize your investment potential:

• Choose Your Category Wisely: Select the category that aligns with your risk tolerance. You can even diversify by investing in different categories.

• Mitigate Risk with Stop-Loss Orders: Especially for categories 1, consider placing stop-loss orders that automatically sell your stock if it falls below a certain price, limiting potential losses.

• Staggered Purchase Approach: Spread out your investments. For example, with $1,000, invest $500 on April 1st, wait for the April 10th data release before investing another $200, and invest the remaining $300 just before the earnings report for your chosen stocks.

Don't Get Greedy: Take profits when you see a reasonable return. Remember, the goal is to make money, not chase unrealistic gains.

Disclaimer: This article is for informational purposes only and should not be considered financial advice.