Best Stocks to buy today for Swing Trading – Expert Stock Picks of The Week By StockXpo

Hello all swing traders!!! Welcome back to our weekly article to provide you the Stock picks of the week again. 

As COVID-19 is rising, there is a fear of having another lock down. Although London has already started Tier 2 lockdown, due to US Election day coming closer and Trump and Biden are still in the plan of final day rallies for their campaigning, there is no sign of any 2nd lockdown happening yet in the US. At the same time, in Australia, they are out of their 111 days of lockdown restrictions and it actually paid off them very well.

Anyways, just like Jim Cramer though, we rather want you to look at this as an opportunity to buy some of the good stocks and here is one of the recent articles from Jim Cramer to look at.

As per our recommendation, we always recommend staying in the market on good and bad days to make the most out of fluctuations and speculations. At the same time, as our strategies are more of a short term and swing trading specifically, balancing it every week on a regular basis is the key. Even in such unpredictable market conditions, our backtesting and even personal experience say, it’s the best to stick to your strategy and not to sell off early or stay out of the market completely.

So without further due, let’s get started and look at our this week’s recommendation.

StockXpo’s SkyRocket Strategy

As mentioned earlier in our past articles, in this strategy we try to find the stocks which have a strong fundamental track record and have strong buy or buy ratings from other analyst firms. Moreover, these stocks break through their 8 week high and even 52 week 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. $CCK, $AGCO, $HRI. Please note that – compared to last week, we have removed $EGO, $COWN and added $AGCO, $HRI.

Crown Holdings Inc(CCK)- Crown Holdings (CCK – Free Report) came out with quarterly earnings of $1.96 per share, This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.50%. A quarter ago, it was expected that this packaging company would post earnings of $1.31 per share when it actually produced earnings of $1.33, delivering a surprise of 1.53%.

Agco Corp(AGCO)- AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It operates through the following geographic segments: North America; South America; Europe and Middle East; and Asia, Pacific, and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand.

Herc Holdings(HRI)- Herc Holdings, Inc., engages as an equipment rental supplier. It operates through the United States, and International geographical segments. It offers equipment rental, used equipment sales, solutions, account management, and credit application. The company was founded in 1965 and is headquartered in Bonita Springs, FL.

StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock picking criteria is to pick the top 3 out of such value stocks. Moreover, we are more likely to hold them for short term not 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. Our Stock Picks for this week are $CBNK, $PERI and $ULH. We have finally removed $BIG, $BZH and $AIR. Regardless of fall of the stock market due to COVID-19 fears, we have still booked some profit before they are wiped out from these stocks.

Capital Bancorp ($CBNK – Research Report) – is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2020. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

Perion Network(PERI)- Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions: Undertone, which connects brands to consumers using engaging creatives; Code Fuel, which enables developers to optimize search traffic and generate incremental revenue; MakeMeReach, an automated social management platform that help ad performance across Facebook, Twitter, Instagram, and Snapchat; and Smilebox, a desktop and mobile applications.

Univl Truckload(ULH)- Universal Logistics Holdings, Inc. engages in the provision of customized transportation and logistics solutions. It operates through the following segments: Transportation, and Logistics. The Transportation segment includes the individual freight shipments coordinated by its agents, company-managed terminals, and specialized services operations. The Logistics segment offers value-added services or transportation services to specific customers on a dedicated basis, generally pursuant to contract terms of one year or longer.

StockXpo’s TechFund Strategy

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

Please note that we have removed $DB, $FPRX, $EGO and $YRCW from this strategy picks. We have added $KSHB, $DLA, $MAT and $AMRC. We are continuing to hold on to $AB, $AP and $ESEA.

AmpcoPittsburgh Corp (AP)-Ampco-Pittsburgh Corp. engages in the manufacture and sale of custom designed engineering products. It operates through Forged and Cast Engineered Products, and Air and Liquid Processing business segments. The Forged and Cast Engineered Products segment produces forged hardened steel rolls used in cold rolling by producers of steel, aluminum, and other metals throughout the world.The Air and Liquid Processing segment oggers finned tube and plate finned heat exchanger coils for the commercial and industrial construction, process, and utility industries. The company was founded in 1929 and is headquartered in Carnegie, PA.

Euroseas Ltd (ESEA) – Euroseas Ltd. is a holding company, which engages in the provision of ocean-going transportation services. It operates containerships that transport dry and refrigerated containerized cargoes, mainly including manufactured products, and perishables. The firm also owns dry bulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers. The company was founded on May 5, 2005 and is headquartered in Athens, Greece.

Kushco Holding(KSHB) – KushCo Holdings, Inc. provides ancillary products and services to the legal cannabis and CBD industries. The firm through its subsidiaries and brands provides product quality, exceptional customer service, compliance knowledge and a local presence in serving diverse customer base. The company was founded by Dallas Imbimbo, John Kovacevich, Nicholas Kovacevich, and Jeffrey Meng on December 15, 2010 and is headquartered in Cypress, CA.

AllianceBernstein Holding L.P. ($AB) – looking for an above average return from the AB shares relative to the market in the next few months. In addition, AllianceBernstein Holding L.P. has a VGM Score of B (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that AllianceBernstein Holding L.P. may be undervalued.

Delta Apparel(DLA) – Delta Apparel, Inc. engages in the design, merchandise, sales, and marketing of lifestyle branded activewear apparel and headwear. It operates through the following segments: Branded and Basics. The Branded segment specializes in apparel garments and headwear in different brands, including Salt Life, Junkfood, and Soffe. The Basics segment focuses on the distribution of garment styles, such as Delta Activewear, Art Gun, Delta Pro Weight, and Delta Magnum Weight. The company was founded in 1999 and is headquartered in Greenville, SC.

Mattel Inc(MAT) – Mattel, Inc. is a global children’s entertainment company that specializes in the design and production of toys and consumer products. The company engages consumers through its portfolio of iconic franchises, including Barbie, Hot Wheels, American Girl, Fisher-Price, Thomas & Friends, UNO and MEGA. It operates through the following segments: North America, International and American Girl.

Ameresco Inc-A(AMRC) – Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure; and renewable energy solutions and services.

This all information is useful for those who have interest in the stock market. So don’t stand still and invest in the stock market to get more profit.There is some limitation that you have to invest a small amount of money in the stock market if you’re a beginner. After you get the experience then you can invest more and earn a good profit. So Stay connected to get more information.

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See you again next Friday and happy trading.