The U.S. stock market is a bit overbought…
Just look at these indicators: momentum levels have hit an 11-year high… the Dow Jones is hoovering near its 50-day moving average… and it seems like some stocks have literally run away from reality.
If you don’t believe me look at GameStop and AMC. The prices of these stocks are completely irrational compared to their value.
That’s why I’ve decided to give away two low-priced stocks to watch in 2021 that have the potential for big home runs.
And because their prices are cheap, you don’t have to buy options (which could be overpriced right now since volatility is through the roof).
The 2 Best Low-Priced Stocks To Watch in 2021
The first stock on my list of low-priced stocks to watch in 2021 is CLNE.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of natural gas fuel for transportation in North America. It has a broad customer base that provides fuel to transit, trucking, shuttle, taxi and airport customers across the U.S. and Canada.
CLNE is a member of the Russell 2000, which in my opinion, has more upside potential than any other index because it has largely lagged behind the other indexes over the past two years.
While we could see a rise in commodity prices in the next few years due to potential inflation, this low-priced stock to watch in 2021 is a good place to be right now since U.S. President Joe Biden is focused on infrastructure growth.
Under Biden’s New Green Deal, the government aims to spend $1.7 trillion over the next 10 years on pivotal clean energy jobs and infrastructure, which is bad news for oil and gas stocks.
You typically wouldn’t think natural gas has a place among alternatives like hydrogen; however, clean energy supplies natural gas for transportation, and that’s an entirely different story.
But what about the second stock on my list of low-priced stocks to watch in 2021?
This stock is a semiconductor solution company that provides display imaging processing technologies. Its products are used in devices like laptops, TVs, cellphones, tables and virtual reality devices.
Check out today’s video to hear all about CLNE and reveal the second name on my list of low-priced stocks to watch in 2021.
If you haven’t already, subscribe to my YouTube channel and don’t forget to give this video a thumbs up.