Stocks to watch for big moves with the Dow on track to shatter the 23,000 mark.

10:43 10/16/2017

Netflix, Inc. NFLX  – Raising subscriptions fees seems to not hold back Netflix as its on track to breakout into 52 week high territory well above $200 after Fridays intraday high of $220.82. Monday’s quarterly report could be a game changer for this stock that is high on my watch list for next week’s action. Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

Leading Brands, Inc. LBIX  – Fridays move to $3.75 and closing up 68% will definitely be on the radar for continued action on Monday the massive volume without any update from the company is a reason to keep LBIX on your radar as it has been buzzing all weekend. Definitely a great reversal from its 52 week low of $0.74 and rallying over 300% last week. Leading Brands, Inc., together with its subsidiaries, engages in the development, marketing, and distribution of beverages in Canada, the western United States, and Asia. It is also involved in the sale, merchandising, brand development, and brand management of beverage products.

Net Element, Inc. NETE  – On watch this week for continued action after rallying to $7.43 and closing up 29% on news of growth in North America transactions solutions segment. NETE operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the US and selected emerging markets. In the US it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito. Internationally, Net Element's strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions such as UAE, Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently launched.

Helios and Matheson Analytics Inc. HMNY  - is high on the radar for a reversal after being raided by short sellers. This week could be recovery week for HMNY after the 2 day correction. I wouldn’t get it off my radar for a bounce just yet. HMNY is in talks with several investors and investment banks over the future of its growing MoviePass business. HMNY agreed to buy a majority stake in online ticketing service, MoviePass, for $27 million on Aug. 15 and has seen its shares rally by more than 1000 percent in value since. HMNY provides a range of information technology (IT) consulting solutions, custom application development, and analytics services to Fortune 1000 companies and other organizations in the United States.

Infinity Pharmaceuticals, Inc. INFI  – closed down 22% on Friday after the big gap and run on Thursday. INFI is another target by short sellers due to its massive float. INFI is high on trader watch lists this weekend as things could get interesting here. INFI is a biopharmaceutical company that develops medicines for patients with difficult-to-treat diseases in the United States. Its lead product candidate includes IPI-549 an orally administered immuno-oncology product candidate that inhibits the enzyme phosphoinositide-3-kinase-gamma (PI3K-gamma) is in Phase 1 clinical study.

This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
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