Archive Category: 10X Stocks Archive

Far from Silicon Valley, the headquarters of Skywater Technology Inc. (Nasdaq: SKYT) sits in Bloomington, Minnesota. Skywater is a relatively small company (employing just 600 people), but it also has massive growth potential… As an all-American semiconductor manufacturer, Skywater finds itself at the crossroads of multiple colossal mega trends. From the “onshoring” of chip production via the CHIPs Act … to booming demand for AI hardware, there’s a whole host of tailwinds aligning to drive shares higher.

What the market giveth, the market taketh away… Stocks roared through the first half of the year with a stellar 12%+ gain for the S&P 500 (more than investors make all year, on average). But then, Monday morning, they hit a wall.

Shares of Nuscale Power (NYSE: SMR) fell sharply Monday following the release of a “research” report from a group called Hunterbrook Media. The report contains some harsh allegations against Nuscale Power. But before I get into the details, we should take a moment to consider the source.

If you decided to lock in shares of Bit Digital Inc. (Nasdaq: BTBT) following my recommendation last week, then you weren’t alone… This Monday saw a massive spike in call options volume for BTBT, with investors snatching up 11,208 bullish call options on the stock. That’s a noteworthy 58% increase from the average.

If you checked your 10X Stocks portfolio today, you probably noticed a pleasant surprise.