$COCP Featured Penny Stocks Watch List Epicenter Penny Stocks To Watch For August 2020 Penny Stocks To Watch As COVID Continues To Drive Market Concerns 367 views No comments 6 minute read 35 Shares Share 33 Tweet
Epicenter Penny Stocks Are Benefiting From Current Market Conditions Earlier this year we introduced readers to something known as epicenter penny stocks. Not familiar with this term? It was first coined by investor and FundStrat Head of Research, Tom Lee. He’s renowned for his bet against other analysts in March saying that instead of continuing lower, stocks were. in for a 25% rally “by April”. Obviously, in hindsight, his projections were on the money. His latest focus is on this new class he’s calling Epicenter Stocks.
There was a bit of confusion in June when we first published about this topic. Many had simply assumed that these epicenter stocks were only blue-chips. That might be true for Tom Lee’s epicenter stocks. However, we drilled down to see if there were other penny stocks that could fall into this category. What’s more, those stocks ended up having some of their best weeks and months since.