3 Stocks Drawing Big Attention From Investors

The S&P 500 struggled at the start of the year and may end the year breaking even. The index as a whole isn’t painting a clear picture for markets, as 30% of stocks are up over 10% on the year.

A few stocks that are breaking out in a big way are:

BNSF Trains
Berkshire Owned BNSF Railway is one of the largest freight railroad networks in North America, second to the Union Pacific Railroad, and is one of seven North American Class I railroads.

1.     Berkshire Hathaway (BRK)

A stock outside of the average investor’s price range. Berkshire’s Class A (BRK.A) stock sells for over $215,000 a share, but the company’s Class B (BRK.B) is doing just as well. The stock was at $128 a share three months ago and has since risen to $143.8 a share.

Berkshire’s stock is up 9.1% on the year.

Keep a close eye on Berkshire as the stock teeters at the $144 point going into the second half of the year.

shake shack

2.     Shake Shack (SHAK)

Shake Shack has been a solid performer in recent years, but the company’s stock has struggled in 2016. The stock is down 6% on the year and 25% over the past twelve months. Historical data is pointing to avoiding this stock, but a bullish reversal may be on the horizon.

Shake Shack has a resistance of $42.5.

Analysts are looking to the $42.5 point to indicate that buyers are back in control of the stock. If you’re interested in Shake Shack, wait until its numbers rise a bit to lower the risk of it bottoming out again.

Ambev

3.     Ambev (ABEV)

Ambev is trending up over the past month after falling to under $4 a share in January. The Brazilian brewing company has a price action of $82 billion and has climbed over 12% in the last month alone.

The stock hit a low on January 21 of $3.88 and has rebounded to over $5.22 a share as of April 14.

A lot of stocks lost ground in the first quarter of the year, and a lot are starting to hit bottom. As earnings reports continue to be released, we’ll see a lot of these stocks regain ground in the second and third quarter.

Ben Myers

Ben began his long career in international finance and investing after graduating with a degree in Finance & Accounting. Prior to founding a financial advisory firm he worked with multi-national institutions including HSBC and Bank of Ireland. After several stints as a chief analyst at forex/binary options companies Ben still remains a keen trader and featured contributor on numerous financial sites.