Archive Category: 10X Stocks Archive

This wasn’t a great week for our telehealth pioneer Hims & Hers Health (HIMS). Wall Street didn’t love the earnings release Monday night, and as I write this, the shares are down about 18% from Monday’s close. Of course, we’re used to a little volatility in this stock. HIMS moves… a lot. That’s to be expected for a disruptive innovator, and it’s the “price” we pay for a stock legitimately capable of delivering a 10X return.

There isn’t really a “secret” to generating 10X returns in the stock market. Yes, my trading system identifies stocks that meet the size, growth and momentum criteria of past winners that have generated 10X returns. That’s enough to whittle down the pool of prospective trades to a manageable list. That gives me a starting point. But by itself, that simple screen just isn’t enough.

The AI boom is making billions of dollars in profits. That’s really shouldn’t be a surprise to anyone. With the gargantuan sums of money being invested, someone has to be getting rich. It’s just that the “someone” isn’t the one making headlines.

I promised on Monday that I’d have more to say on Lightwave Logic (LWLG) today. LWLG is performing fantastically well for us, and on Monday, we took profits on half the position at a gain of close to 200%. I’ll get to that in a minute. First, let’s talk about Argentina…

Is the war in Iran over? It’s too early to say for sure, but it’s looking that way. For the second day in a row, stocks are up on hopes that the ceasefire sticks. Regardless of how things play out, it’s important to remember that the conflict ultimately didn’t shake up our portfolio in 10X Stocks.