Three of the Hottest New Foreign Stocks

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Here are three of the hottest new foreign stocks in the market. They all have high relative strength, small float, and belong to a currently hot industry.

STNE is the Square of Brazil. It has recovered from a 50% slump in December and consolidating near its all-time highs. Due to their small float, recent IPOs tend to get hit hard during severe market corrections. They also tend to be among the strongest performers when the general market bounces.

QTT is a Chinese entertainment platform with insane sales growth. It is setting up near its 50-day high a few days before its next earnings report.

NIO – The Chinese Tesla broke out from a long base last week and it continues to act very constructively.

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