Stocks with 2x Potential
The first stock on the 2x potential list is
$RFIL. I believe over the next 12 months they will 2x while the company is going through a turnaround.
$RFIL is a telecommunications company with an HVAC component that is transitioning from focusing on the telecommunications sector to go after the more profitable HVAC branch that will install cooling systems in stadiums and data centers.
What is their edge? They have a Direct Air Cooling System (DAC) that offers up to 80% savings on electricity compared to traditional HVAC systems. Their system is also cheaper to install than competitors, like
$VRT, who provide a liquid cooling system, which is generally more efficient than DAC systems.
The company has also become profitable amidst their turnaround and have a backlog of $20.1 mil that will start hitting their balance sheet more in H2 2026.
Technically,
$RFIL is in a strong uptrend and holding the 50 D SMA as support. OBV has lost some momentum but is still in an overall uptrend. I believe we will see some turbulence in the stock price this week and into next week as triple witching is on Thursday. I believe dips are for buying as next week,
$RFIL is getting added to the
$IWM and will begin receiving passive investments on a stock with a very small float and a market cap of $200 mil.
My new series will be called Stocks with 2x Potential where I will highlight stocks that I believe can 2x over the next 12 months.
In my analysis, I will provide the fundamental reasoning as well as the technical analysis of the stock to provide key areas to look for additional entries.
First post in the series is coming soon.
Let me know what you think my first stock will be👇