What are the Hottest Stocks to Trade on the ASX?
By Dale Gillham and Janine Cox
General Advice Disclaimer
This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
Consistently profitable traders have solid strategies to pick stocks that are likely to be the next hottest stock to trade. The reality for most traders, however, is that they chase yesterday’s returns by following what others have already bought. But as Buffett famously quoted…”what’s hot today isn’t likely to be hot tomorrow”, which is another way of saying don’t follow the herd.
The best trader’s tread their own path by trading stocks they know with a high degree of probability will be profitable rather than following the herd mentality and you can too. Because in tonight’s show, Dale and Janine will discuss the herd mentality and how you can get ahead of the stampede.
They also provide a list of the most traded stocks or the hottest stocks on the market right now and share their view on whether these are the best stocks to buy in 2021 or whether they should be avoided altogether.
