3 hot stocks to watch in February

The year is barely a month old and it is already a whirlwind of drama and excitement. Still, some of the hottest stocks on the market have nothing to do with hedge funds, Reddit, or short squeezes.

ExOne (NASDAQ: XONE), Liji (NASDAQ: LIZI), and Tilray (NASDAQ: TLRY) have been among the top performers so far in 2021, so let’s dive into why these hot stocks could get even hotter throughout the rest of February’s winter.

Image source: Getty Images.

ExOne

3D printer manufacturers have been around for a long time now, and ExOne is no newcomer to the additive manufacturing industry, with a history spanning over 15 years. So, the almost 500% increase in its stock in the first five weeks of the new year is remarkable.

One of the reasons ExOne is in the top 10 stocks this year is that Wall Street has become optimistic about its growth prospects. A Stifel analyst, for example, thinks that the 3D printing company current management position in binder jetting technology gives it a leading advantage in industrial adoption of technology for parts production, despite increasing competition.

Office metalThe December IPO sparked new enthusiasm among investors for the use of metal and carbon fiber materials in the 3D printing process, but Alliance Global Partners believes ExOne is “already better capitalized” .

Now it’s partnership with Rapida, a Canadian tech company that will help ExOne produce a “complete metal 3D printing system” that will allow printed parts to bypass the tedious thermal debinding process that delays production for up to five days, so they can go straight in the oven. It’s a big step forward in the 3D printing process.

ExOne has the right of first refusal on a controlling stake in Rapida, and investors should definitely keep an eye out for this 3D printing company that appears to be rekindling interest in the additive manufacturing industry.

Liji

Chinese podcast platform Lizhi has been silent for most of 2020. But its value doubled overnight in early December after announcing a series of partnerships with some of China’s best-known electric vehicle manufacturers, including Xpeng and GAC AION New Energy Automobile, to develop better in-car audio experiences.

The stock stalled again in January, until it started to climb as another deal was signed, this time with leading toy designer and retailer Pop Mart to create a podcast channel of brand for the company. A letter to shareholders from CEO Jinnan (Marco) Lai, sharing his vision for making Lizhi a global audio force to be reckoned with, made its share the second best performance on the market in one day.

Granted, that’s a pretty thin mush on which to base an investment, and until Lizhi actually starts showing results from these partnerships, her stock is going to be volatile. But the Chinese electric vehicle market is quickly turning into a major force in itself, and being the first to bring cutting-edge audio technology to market could make Lizhi the leading sound specialist in space.

Tilray

Marijuana producer Tilray was another sleepwalker running through 2020. The new year started with a bang after announcing a jar stock mega-fusion with Aphria which would form the largest cannabis company in the world in terms of revenue.

This was followed by Democratic victories in the second round of the U.S. Senate election in Georgia, boosting the potential for legalizing marijuana at the federal level. The current legal framework for marijuana has been a major obstacle to the widespread adoption of cannabis and CBD foods and drinks.

Tilray introduces cannabis drinks in Canada through its partnership with Anheuser-Busch InBev when these drinks became legal there. He should be able to replicate that in the United States if and when marijuana is legalized here. Aphria’s acquisition of craft brewer SweetWater currently gives it access to distribution in 27 states.

The marijuana producer is also exploiting the opportunity to expand its presence in the international medical marijuana markets. It has just obtained licenses in Portugal and the United Kingdom to import and distribute medical cannabis products in these markets.

Marijuana stocks have for the most part been a losing bet since they burst onto the market a few years ago, but momentum seems to be turning in their direction, and investors would do well to keep an eye out for the best. of them. While the experience in Canada has shown how clumsy bureaucrats can undermine the potential of a massive market that really needs little marketing to sell itself, Tilray’s size and reach could allow it to make its mark. name in the marijuana industry and in an investor’s portfolio.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

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