I have a special treat for you today…

In a new series of video shorts, I’ll profile two groups of stocks…

The first group is the stocks on Santa’s “Naughty List.”

These are stocks that are overvalued, that have underperformed and that you should stay away from.

The second group is the stocks on Santa’s “Nice List.”

These are stocks that are rapidly growing, that have overperformed in 2023 and that you should consider adding to your portfolio as we head into 2024.

I invite you to watch both videos below:

YOUR ACTION PLAN

As you’ll see, in the “Nice List” video, I name the one tech stock I consider the most underappreciated stock on all of Wall Street… and it’s not one of the “Magnificent Seven” tech stocks that you’d expect.

To learn exactly how I’m trading it, I invite you to join Karim and me in The War Room. There, you’ll be able to trade alongside us in real time for massive potential winners. Just two weeks ago, I closed a 75.52% winner on Pure Storage (PSTG) in one trading day.

Click here to see how my favorite strategy could net you double-digit (and even triple-digit) winners.

MONDAY MARKET MINUTE

• The Final Fed Meeting of 2023. The Fed’s final interest rate decision of 2023 will be announced this Wednesday. Wall Street is growing increasingly optimistic that the Fed’s efforts to lower inflation without tipping the country into recession have been successful. Most believe that the Fed will just hit the snooze button on rate hikes until 2024. Tracking.
• Schwab Gets an Upgrade. Barclays analyst Benjamin Budish raised his price target on SCHW from $57 to $66 and maintained an “Equal Weight” rating on the shares. Barclays believes Wall Street’s estimates for Schwab’s net interest income are likely too high in fiscal 2025.
• Small Caps Are Crushing It! If you’ve been trading “Dark Ticker” plays with us, then you know that the iShares Russell 2000 Value ETF (IWN) has been crushing it. (It’s gone 2 for 2 on Overnight Doubles!) Now others on Wall Street are starting to realize that small caps are about to outperform. While big-name tech stocks were the big winners in 2023, the potential for rate cuts in 2024 could shift the dynamic, making small cap stocks likely to outperform.
• Intel Is Back… or Is It? Having risen 62% year to date, INTC has had a great 2023. But will that success continue into 2024? Wall Street isn’t so sure. Of the 42 analysts who cover it, only nine rate it a “Buy.” Maybe those nine are ahead of the curve, though… After all, Intel has now developed accelerated chips to compete with Nvidia (NVDA), and it’s selling them at a much lower price point than its AI competitor. Some say this will trigger a “prolific” year of new product launches ahead.
• Cyberattacks in Play After Crypto Surge. With the resurgence of Bitcoin comes an equally strong resurgence in ransomware attacks, as Bitcoin is often used to pay ransom demands. An estimated 72% of firms with annual revenues over $5 billion were attacked in the past year, with attacks spiking 95% year over year in Q3. One of the ways to play this trend is Zscaler (ZS), the pioneer in high-growth “zero trust” protection, which is dominant in cloud security.