🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

Three Foreign Stocks To Watch: STNE, QTT, NIO

Published 03/03/2019, 12:03 AM
Updated 07/09/2023, 06:31 AM
TSLA
-
SQ
-
QTT
-
NIO
-
STNE
-

StoneCo, Qutoutiao, and NIO are three foreign stocks that high relative strength, small float, and belong to an industry that is hot now.

StoneCo Ltd (STNE)

StoneCo Ltd (NASDAQ:STNE) is the Square (NYSE:SQ) of Brazil. It recovered from a 50% slump in December and consolidating near its all-time highs. Due to their small float, recent IPOs tend to get hit hard during severe market corrections. They also tend to be among the strongest performers when the general market bounces.

STNE Chart

Qutoutiao Inc (QTT)

Qutoutiao Inc (NASDAQ:QTT) is a Chinese entertainment platform with insane sales growth. It is setting up near its 50-day high a few days before its next earnings report.

QTT Chart

NIO Inc (NIO)

NIO Inc (NYSE:NIO), the Tesla (NASDAQ:TSLA) of China, broke out from a long base last week and it continues to act very constructively.

NIO Chart

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.