Cisco Systems Inc. (NASDAQ: CSCO)
CSCO is a work-from-home play. I’m sure you’ve heard of Cisco … It’s one of the most trusted names in security and networking infrastructure. It probably does it better than anybody.
With all the global cybersecurity concerns, there’s a big push to get away from Chinese-based networks. Chinese telecom giant Huawei has been accused of spying. I think Cisco stands to benefit from the allegations.
Listen — everything was already going online. But now it’s increasing more than ever. With work-from-home now our new normal and opportunities for e-education growing, there’s a lot of opportunity for CSCO. It’s grinding up and heading toward all-time highs.
Houghton Mifflin Harcourt Co. (NASDAQ: HMHC)
HMHC is another e-education play. It creates educational products and content.
I was watching this stock last year when it was under $2. Now there are acquisition rumors about it, and it keeps grinding higher.
E-education and remote learning are part of the new reality. Even when schools become fully opened, I think remote learning and home schooling will continue to play important roles for a lot of the country.
HMHC recently broke out past multi-month resistance at the $7 mark and could push higher.
Lowe’s Companies (NYSE: LOW)
Home improvement has been hot throughout the past year. A lot of people are making upgrades to their homes.
Many aren’t commuting to work these days, so they may have more time and money to remodel their home office space. And now some people see e-education as a long-term necessity for their kids, so they’re investing in build-outs.
I’ve said it a million times in the past year or so — there’s a big building boom. In my small town, I see houses under construction and remodeling projects everywhere. Every contractor I know is booked up for months.
And since we still have plenty of travel restrictions, many are making their homes their oasis instead of traveling.
LOW recently broke out past all-time highs and continues to grind higher.
Nucor Corp. (NYSE: NUE)
NUE deals with steel manufacturing and products, and it’s an infrastructure play.
If Congress approves the $3 trillion infrastructure bill, I think we’ll see all sorts of crazy infrastructure plays. Steel has plenty of uses from the construction of bridges to power lines … you name it. NUE will be in that mix.
NUE is already spiking up with all the bill discussions and is already at all-time highs.
Recon Technology Ltd. (NASDAQ: RCON)
RCON deals with oil and gas. Oil and gas plays are super strong right now. But this is also an infrastructure play.
The big winter storm in Texas recently proved that the energy infrastructure in America isn’t great. In fact, a lot of the infrastructure in America hasn’t changed since the 1940s or so. The infrastructure spending bill will probably go toward improving oil and gas facilities and equipment, as well.
RCON has a few things going for it … It has a history of running and is currently in the middle of a run.
It’s also a low-priced stock with a low float of two million and a market cap of $50 million. If Recon Technology gets a significant contract from the infrastructure bill, it could be huge.
RCON just had a big breakout and is at two-year highs.
Target Corp. (NYSE: TGT)
It’s no secret that e-commerce exploded in the past year. It may not be good for small businesses … But right or wrong, people get addicted to convenience. And that addiction won’t end.
I’ve talked about how once my wife bought some dog food from Chewy, Inc. (NYSE: CHWY), she just won’t go back to the store. They made it so easy for her that unless they screw something up majorly, she’s likely a customer for life.
I think a lot of people will feel the same about shopping at Target and other big box stores.
United States Steel Corp. (NYSE: X)
X is another steel company and on my list for the same reason as NUE. It’s an infrastructure play that could potentially benefit if the $3 trillion infrastructure bill passes.
X is grinding up and is looking to break out past two-year highs.
Well, that’s it — my top 7 stocks to watch in April 2021.
Remember, this is just a watchlist that shows stocks with the potential to move. You still have to look for your setups and only enter a trade after you create a trading plan.
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