Hello to all our readers including Traders, Investors, Analysts, and others!!!! 

The stock market was up this week. Let’s take a look at some of the top news of the week first. Major indices hit record highs last week, but then tumbled this week. Given the rapid pace of earnings growth, investors are generally optimistic about the outlook for share prices. Others are more cautious, fearing that an increase in coronavirus cases will impede the global economic recovery at the same time that the Federal Reserve is preparing to curtail its massive bond-buying program, causing the global economy to falter… In addition, It’s a great time to be alive in Covid-19, but the already terrible situation that has been impacted by the Delta variant threatens to get worse. Both the Federal Reserve and investors are in a dilemma… Other than this The cost of paying with a credit card is increasing. Businesses of all sizes are now charging fees for credit card purchases or offering discounts for paying with debit cards, checks, and cash. Business credit card fees have risen in parallel with generous cash-back and travel rewards.

If you are a regular reader, you may be already aware, we recommend 10-12 stocks in 3 different categories – 1. SkyRocket, 2. ValueGrowth and 3. TechFund, to fit different trading styles and strategies. You can find more details about these strategies in our FAQ section. This is more of a swing trading, as we keep balancing our portfolio on a weekly basis, mostly on Friday. If you are new, welcome. Visit our site to get all relevant information about stocks and make sure to subscribe to our newsletter to get updates on our Swing Trading Stock Picks. We send out our newsletter as soon as we publish our stock picks. We hope that you love our articles and get all the details so keep coming to our site for more information. Swing traders primarily use technical analysis for swing trading, but here we combine technical analysis with fundamental analysis and pick ideal stocks which are best and safe for swing trading. We have tested out our strategy with more than 20 years of data and it performed well against S&P 500.

Here we are again with our this week’s recommendations. Please note that overall the market was very much on the down side, and whether you are following our recommendations or not, I am sure if you have been trading this week ending today then you must have collected a lot of profits. If not, and you are skeptical about the market, add the swing trading to your trading strategy and get started to follow our recommendations. We are going to publish the performance results for the last few months and this year to date, to give you some ideas how we have been compared against the S&P 500 and other major indexes. 

Now let’s look at our picks for this week.

 

StockXpo’s SkyRocket Strategy

If you’re following us, you might already be aware that in this strategy we try to find the stocks which have a strong fundamental track record and have strong buy or buy ratings from top analyst firms. Moreover, these stocks break through their 8 weeks high and even the 52 weeks high, so with their strong fundamental track record, there is a good potential for these stocks to go even higher.

For this week, here are our picks $REGN, $VRTV & $DSKE

Please note that – compared to last week, we have added some more stocks.

Stock Symbol Company Name Action
LE Lands End Inc. Sell
CLF Cleveland-Cliffs Inc. Sell
DSKE Daseke Inc. Hold
REGN Regeneron Pharmaceuticals Inc. Buy
VRTV Veritiv Corp. Buy

 

REGN(Regeneron Pharmaceuticals Inc.)- Regeneron Pharmaceuticals, Inc. is a biotechnology company, which engages in the discovery, invention, development, manufacture, and commercialization of medicines. Its product portfolio includes the following brands: EYLEA, Dupixent, Praluent, Kevzara, Libtayo, ARCALYST, and ZALTRAP. The firm accelerates the traditional drug development process through its proprietary VelociSuite technologies such as VelocImmune, which uses unique genetically humanized mice to produce optimized fully-human antibodies and bispecific antibodies. The company was founded by Alfred G. Gilman, Leonard S. Schleifer, and Eric M. Shooter on January 8, 1988, and is headquartered in Tarrytown, NY.

VRTV(Veritiv Corp.)- Veritiv Corp. engages in the business-to-business distributor of print, publishing, packaging, facility solutions, print, and publishing products, and services. The firm provides logistics and supply chain management solutions to its customers. It operates through the following segments: Print, Publishing, Packaging, and Facility Solutions. The Print segment sells and distributes commercial printing, writing, copying, digital, wide-format, and specialty paper products, graphics consumables, and graphics equipment primarily in the U.S., Canada, and Mexico. The Publishing segment involves in sale and distribution of coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. 

DSKE(Daseke Inc.)- Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers. The Specialized Solutions segment focuses on transportation and logistics solutions that include super heavy haul, high-value customized, over-dimensional, commercial glass, and high-security cargo solutions. The company was founded by Don R. Daseke in November 2008 and is headquartered in Addison, TX.

StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock-picking criteria are to pick the top 3 out of such value stocks. Moreover, we are more likely to hold them for the short term, not the long term. Our backtesting suggests that weekly balancing gives very good results week over week and year over year, it can grow your portfolio exponentially if you just consistently follow these strategies. You may be surprised here but we are not changing our stock picks yet. These stocks still have a lot of potentials and so we are still holding on to them this week. So our picks are $GDEN, $DSKE, and $CAR  in this category.

Stock Symbol Company Name Action
SALM Salem Media Group Inc. Sell
GDEN Golden Entertainment Inc. Hold
DSKE Daseke Inc. Hold
CAR Avis Budget Group Inc. Buy

 

GDEN(Golden Entertainment Inc.)- Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the Distributed Gaming and Casino’s segments. The Distributed Gaming segment involves the installation, maintenance, and operation of slots and amusement devices in non-casino locations such as grocery stores, convenience stores, liquor stores, restaurants, bars, and taverns; and the operation of wholly-owned branded taverns targeting local patrons. The Casino segment focuses on owning and managing resort casinos. The company was founded in 1998 and is headquartered in Las Vegas, NV.

DSKE(Daseke Inc.) Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers. The Specialized Solutions segment focuses on transportation and logistics solutions that include super heavy haul, high-value customized, over-dimensional, commercial glass, and high-security cargo solutions. The company was founded by Don R. Daseke in November 2008 and is headquartered in Addison, TX.

CAR(Avis Budget Group Inc.)- Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment licenses the company’s brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America, and the Caribbean. The International segment leases out vehicles in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded by Warren E. Avis in 1946 and is headquartered in Parsippany, NJ. Avis Budget Group Inc. is a provider of vehicle rental and car-sharing services. The Company operates three brands, which include Avis, Budget, and Zipcar. Avis and Budget are rental car suppliers. It also owns Payless, which is a car rental brand; Apex, which is a car rental brand in New Zealand and Australia; Maggiore, a vehicle rental brand in Italy, and France Cars, which operates light commercial vehicle fleets in France. 

StockXpo’s TechFund Strategy

This is the most active category and we give a lot of preference here to stocks that have strong technical and strong fundamental current and past track records. That’s why we call it the TechFund (TAFA) strategy. Just like other strategies, we pick these companies here for weekly based swing trade recommendations. 

Please note that we have removed $GCI$LXU, $CFMS, $MT, & $AN from this list and added $CAR, $ASIX, $SIMO, $PPC, $JLL, $WIRE, $ON

Stock Symbol Company Name Action
GCI Gannett Co. Inc. Sell
TXT Textron Inc. Sell
LXU LSB Industries Inc. Sell
CFMS Conformis Inc. Sell
MT ArcelorMittal ADR Sell
AN AutoNation Inc. Sell
CAR Avis Budget Group Inc. Hold
ASIX AdvanSix Inc. Buy
SIMO Silicon Motion Technology Corp. ADR Buy
PPC Pilgrims Pride Corp. Buy
JLL Jones Lang LaSalle Inc. Buy
WIRE Encore Wire Corp. Buy
ON ON Semiconductor Corp. Buy

 

CAR(Avis Budget Group Inc.)- Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment licenses the company’s brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America, and the Caribbean. The International segment leases out vehicles in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded by Warren E. Avis in 1946 and is headquartered in Parsippany, NJ. Avis Budget Group Inc. is a provider of vehicle rental and car-sharing services. The Company operates three brands, which include Avis, Budget, and Zipcar. Avis and Budget are rental car suppliers. It also owns Payless, which is a car rental brand; Apex, which is a car rental brand in New Zealand and Australia; Maggiore, a vehicle rental brand in Italy, and France Cars, which operates light commercial vehicle fleets in France. 

ASIX(AdvanSix Inc.)- AdvanSix Inc. is a producer and supplier of Nylon 6 materials. The company’s polymer resin is sold under the Aegis(R) brand to produce engineered plastics, fibers, filaments, and films which in turn are used in end products such as automotive and electronic components, carpets, sports apparel, fishing nets, and food as well as industrial packaging. AdvanSix also produces caprolactam, the main feedstock for producing nylon; Caprannylon film(R); Sulf-N (R) ammonium sulfate fertilizers and chemical intermediates, including phenol, acetone, and Nadone (R) cyclohexanone. AdvanSix Inc. is based in Morris Plains, United States.

SIMO(Silicon Motion Technology Corp. ADR)- Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. The firm’s products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits, and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.

PPC(Pilgrim’s Pride Corp.)- Pilgrim’s Pride Corp. is engaged in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators. It operates through the following segments: U.S., U.K. & Europe, and Mexico. The company was founded by Lonnie A. Pilgrim and Aubrey Pilgrim on October 2, 1946, and is headquartered in Greeley, CO.

JLL(Jones Lang LaSalle Inc.)- Jones Lang LaSalle, Inc. engages in the provision of professional services which specialize in real estate and investment management. It operates through the following geographic segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; and LaSalle Investment Management (LaSalle). The Americas, EMEA, and the Asia Pacific segments provide leasing, capital markets, integrated property and facility management, project management, advisory, and transaction services. The LaSalle segment offers investment management services on a global basis to institutional investors and high-net-worth individuals. The company was founded by Richard Winstanley in 1783 and is headquartered in Chicago, IL.

WIRE(Encore Wire Corp.)- Encore Wire Corp. engages in manufacturing copper electrical building wire and cable. The firm is a significant supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. It offers an electric building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, and other types of wire products, including Metal Clad, Armored Cable, Photovoltaic Cable, and Bare Copper. Its principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. The company was founded by Vincent A. Rego in 1989 and is headquartered in McKinney, TX.

ON(ON Semiconductor Corp.)- ON Semiconductor Corp. engages in the design, manufacture, and marketing of a portfolio of semiconductor components. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions. The Advanced Solutions Group segment designs and develops analog, mixed-signal, advanced logic, ASSPs and ASICs, Wi-Fi, and power solutions for a broad base of end-users in the automotive, consumer, computing, industrial, communications, medical, and aerospace/defense markets.

 

StockXpo’s Diversification Strategy

Companies often think about diversification when they reach a certain point in their development. Igor Ansoff identified diversification as one of the four main growth strategies in 1957, and it allows companies to look at other markets or new products to expand their reach and revenue.

Diversification aims to smooth out unsystematic risk occurrences in a portfolio by ensuring that the positive performance of some investments balances out the negative performance of others. Only if the securities in the portfolio are not completely correlated—that is, if they react to market factors differently, frequently in opposing ways—does diversification pay off.

If you are following all strategies and watchlist – here is the recommendation for stockxpo diversification Strategy- 

  • SELL(LE, CLF, SALM, AN, GCI, TXT, LXU, CFMS, MT) 
  • BUY( REGN,  VRTV, ASIX, SIMO, PPC, JLL, WIRE, ON)
  • Hold(DSKE, GDEN, CAR)
Stock Symbol Company Name Action
LE Lands End Inc. Sell
CLF Cleveland-Cliffs Inc. Sell
SALM Salem Media Group Inc. Sell
AN AutoNation Inc. Sell
GCI Gannett Co. Inc. Sell
TXT Textron Inc. Sell
LXU LSB Industries Inc. Sell
CFMS Conformis Inc. Sell
MT ArcelorMittal ADR Sell
DSKE Daseke Inc. Hold
GDEN Golden Entertainment Inc. Hold
CAR Avis Budget Group Inc. Hold
REGN Regeneron Pharmaceuticals Inc. Buy
VRTV Veritiv Corp. Buy
ASIX AdvanSix Inc. Buy
SIMO Silicon Motion Technology Corp. ADR Buy
PPC Pilgrims Pride Corp. Buy
JLL Jones Lang LaSalle Inc. Buy
WIRE Encore Wire Corp. Buy
ON ON Semiconductor Corp. Buy

 

I hope all this information is helping you to buy good stocks for your welfare. See you next Friday. Keep coming to our website for stock-related queries and information.

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Happy Trading!!!!

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