The Hot Stock of the Day for Tuesday, June 28th, 2016 is Barclays PLC (NYSE:BCS). VerifiedInvesting.com’s proprietary algorithm has picked up a significant increase in Verified Trader chatter at the current stock level. The stock closed on Monday, June 27th, 2016 at $7.03. The 356% increase in chatter from Verified Traders revolves around buying the stock with many rumors that Brexit may still not become reality. While the vote was a slight win for those that wanted to leave the European Union, it is non-binding to the leaders in power. Many who voted ‘yes’ to Brexit are now asking to reverse their vote. There is a petition for another vote that already has over 4 million signatures. Verified Traders in many cases have already bought this stock between $6.76 and $7.05 and are looking for a technical bounce. Another important note from discussions with Verified Traders is that even if the United Kingdom does exit the European Union, it is a long process that will take years. The market overall and specifically the financial sector is factoring in the exit immediately. This means that any sort of deal worked out to stay, or even be a part of the EU on a limited basis, sets the market up for a monster rally. Lastly, the European Central Bank is meeting with the Federal Reserve over the next few days. They will likely look to make reassuring comments to sooth the stock market. Be ready for a stock market bounce and stocks like Barclays (BCS) would benefit on a percentage basis far more than other stocks in other sectors because of the massive sell off that has taken place in the stock. Since the Brexit vote, the stock has fallen from $11.20 to a low today of $6.76. That is a whopping two day plunge of 40%. Verified Traders believe any snap back rally could easily be in excess of 20%. This puts a price target on BCS of $8.11-$8.50. Ultimately, with VerifiedInvesting.com’s unparalleled access to thousands of Pro Traders, they can gather amazing information from the best traders in the world. This gives high percentage trades to investors that want to look for general consensus from the best Verified best!