Advertisement
Australia markets closed
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • AUD/USD

    0.6421
    -0.0004 (-0.07%)
     
  • OIL

    83.24
    +0.51 (+0.62%)
     
  • GOLD

    2,406.70
    +8.70 (+0.36%)
     
  • Bitcoin AUD

    100,108.34
    +951.08 (+0.96%)
     
  • CMC Crypto 200

    1,384.27
    +71.65 (+5.46%)
     
  • AUD/EUR

    0.6023
    -0.0008 (-0.13%)
     
  • AUD/NZD

    1.0893
    +0.0018 (+0.17%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

Zendesk (ZEN), Surgery Partners (SGRY) and Tesla (TSLA) Are Aggressive Growth Stocks

Brian Bolan is the Aggressive Growth Stock Strategist for Zacks Investment Research and he has a few names to close out 2019.  Brian wants this stocks to be on your radar screen for 2020, so let’s get right to it.

Zendesk ZEN is a Zacks Rank #1 (Strong Buy) and Brian really likes this stock.  Before the video he noted that the stock had a recent pull back and is poised for a run.  In the video Brian highlights the idea of the stock beating the number and posting significant year over year revenue growth.  Brian believes that this stock can get to $100 by the middle of 2020.

Surgery Partners SGRY is the next stock on the list, but this was more of a special case.  Brian took a look at the normal numbers but pointed us to a number that wasn’t on the Zacks site and that is the short interest.  In a strong market, which is what we have now, the shorts are getting crushed and with a 32% short interest a squeeze in this name could CONTINUE.  Brian wanted that emphasis added there as the stock has run, but there are still far too many shares sold short.  It is a crowded trade and Brian believes this stock hits $20 in the near term.

Finally, as Brian was reviewing the short squeeze idea for SGRY, he pulled up Telsa TSLA which was trading at $405 today.  Brian has long been a fan of the stock and the cars and delivered the humble brag of being a Model X owner.  He also committed to buying the Cybertruck down the road.   

ADVERTISEMENT

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Zendesk, Inc. (ZEN) : Free Stock Analysis Report
 
Tesla, Inc. (TSLA) : Free Stock Analysis Report
 
Surgery Partners, Inc. (SGRY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research