Top Stocks for the Week

Top Stocks for the week:

1. Gilead (GILD) (SAFE)
    * Back to rock bottom at $64 dollars a trade.  GILDs stock price hasn't been this low since 2014.  Shareholders are waiting on the company to make significant M&A purchases, once they make a purchase, I believe this stock will start to soar back in the 80s where it belongs with a potential of 25 to 30% profits overnight.  At the same time, Gilead has a number of drugs in the pipeline going through 2nd and 3rd phase clinical testing, which could be a catalyst for increase profits as well.

2. Disney (SAFE)
         - Stock is trading around $105, rock bottom is in the 90s and highs around $120.  I recommend to start purchasing small amounts of Disney stock and keep adding if it goes below another 5 to 10%.  In 6 months, when Star Wars 8 is released, I strongly believe Disney will be trading in the 120s to 130s.  The status of ESPN is keeping the stock price down with uncertainty with cable chord cutting. Also, if Disney stock price increases and hits the 120-130s, Disney may implement a stock split and stock purchase as Disney is due for a stock split every 8 to 10 years.


3. ITEK (RISKY)
         - Nears bottom a 1.90 per share.  Stock is trading at a very low stock price because of a unsuccessful 3rd phase report.  However, the 2nd phase report for a dual treatment is due in early to mid July.  Likelihood of a successful 2nd phase clinical test is better than 50%, however this is a risky stock.  If it fails to meet all its endpoints, this stock will go down below $1 dollar.  I recommend put a small amount because if it is successful, this stock will easily hit $5 to 6 dollars a share which would exceed up to 200% profits.