Posted July 07, 2021
By Jonathan Rodriguez
The Secret to Summertime Stock Trading Success
I'm J-Rod and welcome to Stocks That Rock.
Each week, I turn up the volume on a breakout stock that will make your retirement account sing.
Today, I'm going to show you how to earn a 50% gain on a soaring EV stock.
Click the image below to get started.
As I told you in last week's video...
The summer is a tough time to make money in the stock market.
While some investors choose to sit this time of the year out...
We've seen some of our biggest gains here at Stocks That Rock in the summer.
Last year, we booked a 131% max gain on Sunrun Inc. from July to October.
And here's the secret to our success...
Trade breakout stocks!
That is, stocks that rise above key points of resistance on their charts.
These stocks have proven that they have what it takes to keep their rallies rolling.
The stiffer the resistance, the more likely that level will hold as support as shares move higher.
And that downside protection makes all the difference, especially when trading in choppier markets.
Today's stock that rocks is one such breakout that's ready to ride... Aspen Aerogels Inc. (ASPN).
Aspen makes insulation for electric vehicle batteries and the energy infrastructure industry.
Their Pyro-Thin EV thermal barriers are made of high-performance "aerogels" that prevent batteries from melting down.
And in the event a battery overloads and gets too hot...
Aspen's barriers, which are non-combustible, help reduce the chance of fire.
Its stock surged higher last week after announcing a $75 million private placement deal with Koch Strategic Platforms.
This investment will help Aspen scale its business more quickly.
And Aspen is already making monster moves in 2021.
The company just scored a big contract win with a major automaker.
And this deal could bring in more than $1 billion in revenue over the next 10 years.
On the EV opportunity alone, Aspen shares are up nearly 450% over the past year...
That absolutely smokes the industrial sector and the S&P 500, which grew just 49% and 38%, respectively.
But here's why I like Aspen right now…
The Koch deal helped the stock break out of its pullback and push to a new all-time high.
My near-term price target on this stock is $36...
Which is the stock's $10 trading range from $26 to $16 added to the breakout point.
That gives you an upside of at least 4% from the stock's current level.
But I think this stock could soar to $50 before the end of the year on surging EV sales in the US and Europe.
A move to $50 offers you an upside of nearly 50% from where shares trade now.
So this cool company could be your ticket to a hot gain this year.
Thanks for watching today's video.
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Thanks again for watching.
And for Rich Retirement TV, I'm J-Rod and I'll see you next week.
On the hunt,
Senior Analyst, Rich Retirement Letter