Ed Butowsky’s Picks: GCT, MELI, LABU

Ed Butowsky thinks stocks have “gotten ahead of themselves” expecting rate cuts that aren’t coming. His stock picks include GigaCloud (GCT), which he thinks could see a short squeeze from $18 to the low-$50s. He “loves” Mercado Libre (MELI) as the Latin American Amazon (AMZN) and expects their earnings to “skyrocket”. He’s also interested in biotech because there’s a lot of acquisition in the sector and is watching the S&P Biotech Bull 3X Shares ETF (LABU).

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