Home » 3 Stocks to Buy on This Pullback

3 Stocks to Buy on This Pullback

Tuesday was the worst day for stocks since 2020. Almost everything was down.

Major indexes fell back to a crucial support level shown below in white on the QQQ.

This has been a battleground for stocks since June, so it’s not surprising that this is where the selling finally stopped.

But this is where the rubber meets the road.

If stocks can hold here, this will be viewed as one of the best buying opportunities of the year.

If they don’t, I expect to see the market make new lows for the year.

I don’t have a crystal ball, so I cannot tell you which scenario will play out. But if it is the first, here are 3 stocks worth buying on this pullback:

Axsome Therapeutics (AXSM)

AXSM is a top biotech stock up 3-fold since June.

Shares have held the 21-day moving average (blue line on chart) for pretty much the whole move, and the recent pullback gives traders a chance to buy off this level.

Celsius Holdings (CELH)

CELH is another top-performer this year.

Momentum has stalled for the last month or so, and the stock is roughly 17% off its high at around $100 per share.

As long as CELH holds above its 50-day moving average (red line on chart), this stock is still in play.

Lantheus Holdings (LNTH)

LNTH has been an absolute monster in 2022.

Bear market? What bear market?!

Lantheus stock looks like it’s riding the dot-com bubble in the late 90s.

Shares haven’t pulled back much, but if Tuesday didn’t crush the price, you have to wonder if anything can.

A pullback to the 21-day might be all we get.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

Ross Givens
Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

With Ross Givens

Looking for an edge? Ross has the inside scoop on top analysis that will help grow your portfolio.. Receive a new stock opportunity every day and get ready to see your investment SURGE!

Tech stocks are rallying – and Ross Givens’ #1 Tech Stock of the Decade has been making BIG moves you don’t want to miss.

Whats in the Article