TSLA (TESLA) NEWS | Best Stock Picks Today 12-8-20

BEST STOCK PICKS TODAY

Tesla Plans $5 Billion Share Sale Amid Record Run To S&P Debut, $600 Billion Market Value

Tesla, which has added more than $200 billion in market value since it was slated for inclusion on the S&P 500 last month, will sell around $5 billion in shares in an 'at-the-market-offering' heading into its debut on the benchmark.

TSLA stock price advanced strongly the previous two weeks as it prepares to head into the S&P 500 this month. I'm game planning to be a buyer again in a day or two after the news is digested.

SFIX traded into a bullish-U-turn reversal pattern prior to earnings yesterday indicating good number were on the way and the company delivered.

The stock price is 34% higher pre-market and I'm looking for further upside.

LAZR was called recently as a new trade, and we got a nice pop, today I'm seeing the stock reach a saturation point so the game plan is to move a trailing stop loss higher with profit taking expected.

DOCU and SPCE both look good on the tape today. I'll be working new buy orders in DOCU, while SPCE needs to consolidate yesterday's big move.

In total we review eleven stocks to trade today.