Best Stock Watchlist for Swing Trading Today – Expert Stock Picks of the Week by StockXpo

Happy Friday to all Traders, Investors, Analysts!!!! This week would be one of the crazy week in Stock Market history. As you may have read about it already, GME Stock Price manipulation and Short Squeeze by the reddit group WallStreetBets. It has been acknowledged by the White House and it’s under investigation. U.S. Stocks Fall as GameStop Frenzy Builds. Hopefully, this will be settled down soon as other stock trading apps also seen the hold on GME and AMC stocks by the clearing houses. Although, this may be challenging issue to be managed by the SEC.

Anyways, without further due, let’s review our recommendations for this week. If you are a regular reader, you may be already aware, we recommend 10-12 stocks in 3 different categories here to fit different trading styles and strategies. 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 all useful information about stock investing. We hope that you love our articles and get all the details so keep coming to our site for more information.

Here we are again with our this week’s recommendations. Please note that overall the market was very much on the up 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 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. $CLF, $MIK and $THC. Please note that – compared to last week, we have removed $MU and $NMM.

MIK(Michaels Companies Inc) –Michaels Cos., Inc. is an arts and crafts specialty retailer, which engages in the provision of materials, project ideas, and education for creative activities. It operates through the following segments: Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan’s, and Darice. The company was founded by Michael Dupey in 1973 and is headquartered in Irving, TX.This owner and operator of arts and crafts specialty retail stores saw the Consensus Estimate for its current year earnings rising 27.6% over the last 60 days.

THC(Tenet Healthcare Corp)- Tenet Healthcare Corp. engages in the provision of health care services. Through its subsidiaries and affiliates, it owns and facilitates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, and related health care facilities. It operates through the following business segments: Hospital Operations and Other, Ambulatory Care, and Conifer. The Hospital Operations and Other segment comprises acute care hospitals, ancillary outpatient facilities, urgent care centers, micro hospitals and physician practices. The Ambulatory Care segment includes operations of USPI joint venture and the company’s nine Aspen facilities in the United Kingdom. The Conifer segment offers healthcare business process services in the areas of hospital and physician revenue cycle management and value-based care solutions to healthcare systems, as well as individual hospitals, physician practices, self-insured organizations, health plans, and other entities.

CLF(Cleveland-Cliffs Inc)– Cleveland-Cliffs, Inc. is an iron ore mining company. It supplies iron ore pellets to the North American steel industry from mines and pellet plants located in Michigan and Minnesota. It operates through the following segments: Mining & Pelletizing and Metallics. The Mining & Pelletizing segment owns operational iron ore mines plus an indefinitely idled mine. The Metallics segment constructs an HBI production plant in Toledo, Ohio. The company was founded in 1847 and is headquartered in Cleveland, OH.This independent iron ore mining company has a  Rank #1 (Strong Buy) and witnessed the  Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

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 $TGI, $LMST and $ORRF. We have finally removed $DCO, $INT and $DCP. 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.

TGI(Triumph Group Inc)- Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft.

Don’t miss: Hot Stock Watchlist for Swing Trading Today – Expert Stock Picks of the Week by StockXpo

LMST(Limestone Bancorp Inc)- Limestone Bancorp, Inc. operates as a bank holding company, which engages in the provision of community banks with commercial and personal banking products. The firm includes wealth management and trust services, and an innovative on-line bank which delivers competitive deposit products and services through an on-line banking division operating under the name of Ascencia. It operates through the following segments: Commercial, Commercial Real Estate, Residential Real Estate, Consumer, Agricultural, and Other. The company was founded by Maria L. Bouvette in 1988 and is headquartered in Louisville, KY.

ORRF(Orrstown Financial Services, Inc.)- Orrstown Financial Services, Inc. operates as a holding company, which engages in the provision of consumer and business financial services. It also offers commercial banking and trust business services which involves accepting demand, time and savings deposits, and granting loans. The company was founded on November 17, 1987 and is headquartered in Shippensburg, PA.ORRF has a P/B ratio of 0.78. Investors use the P/B ratio to look at a stock’s market value versus its book value, which is defined as total assets minus total liabilities. This stock’s P/B looks solid versus its industry’s average P/B of 0.92. ORRF’s P/B has been as high as 1.17 and as low as 0.61, with a median of 0.72, over the past year.

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 $TNP and $AMRC from this strategy picks. We have added $LNVGY, $SCOR and $CSLT. We are continuing to hold on to  $ORGO, $HIMX, $BGS and $CLSD .

HIMX(Himax Technologies, Inc.)- Himax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The company’s products include display drivers, timing controllers, wafer level optics, video and display technology solutions, liquid crystal over silicon silicon, complementary metal-oxide semiconductor image sensor, and power integrated circuit. Its products are used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. Himax Technologies was founded by Biing Seng Wu and Jordan Wu on June 12, 2001 and is headquartered in Tainan, Taiwan.

BGS Foods Inc.:- B&G Foods, Inc.is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.

CLSD(Clearside Biomedical, Inc.)- Clearside Biomedical, Inc. is a clinical stage biopharmaceutical company, which engages in the development of drug therapies to treat blinding diseases of the eye. Its pipeline includes Suprachoroidal CLS-TA, Suprachoroidal, Suprachoroidal CLS-TA, and gene therapy. The company was founded by Samir Kumar Patel, Vladimir Zarnitsyn, Mark Prausnitz, Daniel H. White, and Henry F. Edelhauser in May 2011 and is headquartered in Alpharetta, GA.Clearside Biomedical, Inc. (CLSD Quick QuoteCLSD – Free Report) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at CLSD given that, according to its RSI reading of 29.71, it is now in oversold territory.

ORGANOGENESIS(ORGO)-Organogenesis Holdings, Inc. is a regenerative medical company. It focuses on the development, manufacture and commercialization of product solutions for the advanced wound care, surgical and sports medicine markets. The company was founded in 1985 and is headquartered in Canton, MA.Investors might want to bet on Organogenesis , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

LNVGY(Lenovo Group Limited)- Lenovo Group Ltd. is an investment holding company, which engages in the developing, manufacturing, and marketing technology products and services. Its products include personal computers, workstations, servers, storage, smart televisions, and mobile products such as smartphones, tablets, and applications. The company was founded in 1984 and is headquartered in Hong Kong.Lenovo Group Ltd. is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top  Rank.Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a  Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

SCOR(COMSCORE, Inc.)- comScore, Inc. engages in the provision of products and services to media, advertising, and marketing industries. The firm offers market and audience analytics, ad optimization, planning tools, and business facilitation services. The company was founded by Magid M. Abraham and Gian Mark Fulgoni in August 1999 and is headquartered in Reston, VA.This quarterly report represents an earnings surprise of 47.06%. A quarter ago, it was expected that this online research firm would post a loss of $0.28 per share when it actually produced a loss of $0.15, delivering a surprise of 46.43%.This quarterly report represents an earnings surprise of 47.06%. A quarter ago, it was expected that this online research firm would post a loss of $0.28 per share when it actually produced a loss of $0.15, delivering a surprise of 46.43%.

CSLT(Castlight Health Inc)- Castlight Health, Inc. engages in the provision of healthcare information technology solutions. It offers health benefits platforms which enables benefit leaders to communicate and measure their programs. The company was founded by Todd Y. Park, Bryan E. Roberts, and Giovanni M. Colella in January 2008 and is headquartered in San Francisco, CA.This quarterly report represents an earnings surprise of 125%. A quarter ago, it was expected that this online healthcare software company would post a loss of $0.05 per share when it actually produced a loss of $0.01, delivering a surprise of 80%

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 query and information.

If you haven’t done so already, please subscribe to our newsletter so you can get the updates delivered to your mailbox. 

Happy Trading!!!!