The millennials of China want to live like the millennials of the West. This new stock is gonna help them do that, and make hundreds of millions doing it.
This new stock is LexinFintech holdings (LX).
On 11/25/19 I bought shares of LexinFintech. In the post reporting that trade I made it very clear what I thought about this financial technology (finTech) company. After doing a lot of research into the stock I just did what I was predicting in that post, I entered it into my 5 Star Trading Portfolio. Please read the email I sent out when I bought the stock, read here.
After doing an extensive investigation I just completed my report on why I put this stock into a Wealth Builder portfolio. You can read that report at LexinFintech – Portfolio Report. I will also be listing all stock reports, when completed, under their respective portfolio on the Wealth Builder Portfolios page.
I bought LX at $11.89. Today the stock is at $15.16, up 27.5%. When you read my report you will understand why I think this stock is gonna move a lot higher.
I’ve been getting more work done with Main Street beats Wall Street. I just entered my 4th portfolio into my Wealth Builder. The 4th portfolio is called the Double Dipping Portfolio. Please read about this new portfolio. I added it to My Wealth Builder Strategy page. The Double Dipping Portfolio is also added to the Wealth Builder Portfolios page.
There are 2 stocks in the Double Dipping Portfolio. One is Occidental Petroleum (OXY) and the other is AT&T (T). You can read about me buying OXY on 12/20/19 at Bought 500 Shares of Occidental Petroleum, and read about me buying T on 12/23/19 at Bought 500 Shares of AT&T.
When I buy a stock for the 5 Star Trading Portfolio and the Pillar of Strength Portfolio I will not talk about how many shares I buy. With these 2 portfolios the Rate of Return in the main thing, not the money made. With the Double Dipping Portfolio I will list the amount of shares bought because with this portfolio the main objective is collecting dividends, and how the position will grow. All positions will receive shares as a dividend, not cash. I want to show how I receive shares as a dividend, and receive dividend shares on those shares. Hence the name Double Dipping.
Make sure you go to the Wealth Builder Portfolios page at least once a week and watch how these positions grow…. Hopefully!
Successful trading,
Steve
The Options Coach