Best Stocks to Buy and Hold today for swing trading - Expert Stock Picks of the Week by StockXpo - Stockxpo - Grow more with Investors, Traders, Analyst and Research

Best Stocks to Buy and Hold today for swing trading – Expert Stock Picks of the Week by StockXpo

Happy Friday to all Traders, Investors, Analysts!!!! Welcome to our weekly blog series. If you are new to this, we provide buy and hold recommendations in 3 different strategies here to fit different types of trading techniques to fit our follower’s needs and comfort. Please subscribe to our newsletter to get the weekly stock recommendation delivered to your inbox. It’s completely free. 

This week was very important for COVID vaccines as the FDA and the US government advisory panel has recommended emergency approval for the Pfizer-BioNTech coronavirus vaccine, underlining that the shot’s potential benefits outweigh its risks. At the same time, this week was crucial for the Stimulus package as many companies have been still struggling due to lockdowns and other impacts due to the pandemic.

Here we are again with our this week’s recommendations. Please note that overall the market was up initially this week and then it had some correction after that due to some sell-off with the fear of not getting the stimulus package approved or being rejected. If you are following our recommendations, you must have been trading in any type of market and would be making some or more profit. That’s our strategy. We always recommend to stay in the market in order to get the hike when the time comes and don’t feel like being left out. If not, and you are skeptical about the market, add the swing trading to your trading strategy and get started to follow our recommendations today.

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. $AVNW, $AOSL and $DCP. Please note that – compared to last week, we have removed $GRBK and $ARCB.

Stock Symbol Company Name Action
GRBK Green Brick Partners Inc Sell
ARCB ArcBest Corp Sell
AVNW Aviat Networks Inc Hold
AOSL Alpha & Omega Semiconductor Ltd Buy
DCP DCP Midstream Partners Buy

 

$AOSL(Alpha & Omega Semiconductor Ltd)- Alpha and Omega Semiconductor (AOSL) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It’s also important to note that Style Scores work well. our stock rating system that has an impressive track record of outperformance. Alpha and Omega Semiconductor currently has a rank of 2 (Buy). Our research shows that stocks Style Scores of A or B outperform the market over the following one-month period.Looking at a stock’s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.



$AVNW(Aviat Networks Inc)Aviat Networks designs, manufactures and sells a range of wireless networking products, solutions and services. The company’s expected earnings growth rate for the current year is 95.4% against the projected earnings decline of 6.1%. The Consensus Estimate for the company’s current-year earnings has been revised 18% upward over the past 60 days. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

$ARCB(OArcBest Corp)-ArcBest Corporation provides freight transportation services and solutions. The company’s Freight Transportation segment offers transportation of general commodities motor carrier freight transportation services. business-to-business air transportation services, ocean transport services, global customizable supply chain solutions and integrated warehousing services. Its Premium Logistics & Expedited Freight Services segment provides expedited freight transportation services to commercial and government customers, premium logistics services and domestic and international freight transportation with air, ocean, and ground service. ArcBest Corporation, formerly known as Arkansas Best Corporation, is headquartered in Fort Smith, Arkansas.

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 $SPB, $BZH and $BIDU. We have finally removed $REZI and $HROW. 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.

Stock Symbol Company Name Action
REZI Resideo Tech Sell
HROW Harrow Health Inc Sell
BZH Beazer Homes USA, Inc. Hold
SPB Spectrum Brands Holdings Inc Buy
BIDU Baidu Inc Buy

$SPB(Spectrum Brands Holdings Inc)-Spectrum Brands Holdings Inc. (SPB Quick QuoteSPB) offers a portfolio of leading brands in several product categories like residential locksets, plumbing, electric shaving and grooming products, personal care products, small household appliances, specialty pet supplies, and lawn, garden and home pest control products and repellents.

The company’s expected earnings growth rate for the current year is 21%. The Best Consensus Estimate for current-year earnings has improved 17% over the past 60 days.The H&G segment involves the home and garden and insect control business. The HPC segment includes the small kitchen and personal care appliances business. The company was founded in 1906 and is headquartered in Middleton, WI.

$BZH(Beazer Homes)Beazer Homes USA, Inc. engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia. The Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. The company was founded in 1993 and is headquartered in Atlanta, GA.

$BIDU(Baidu Inc)Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment provides online advertising services. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.



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 $MOGO from this strategy picks. We have added $MYO. We are continuing to hold on to $DCO, $AOSL,$HIMX, $ORGO, $RYAM and $AVNW.

Stock Symbol Company Name Action
MOGO Mogo Inc Sell
DCO Ducommun Incorporated Hold
AOSL Alpha and Omega Semiconductor Ltd Hold
HIMX Himax Technologies, Inc. Hold
ORGO Organogenesis Holding Inc Hold
RYAM Rayonier Advanced Materials Inc Hold
AVNW Aviat Networks Hold
MYO Myomo Buy

 

$DCO(Ducommun Incorporated): Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.

$AOSL(Alpha and Omega Semiconductor Ltd) : Alpha & Omega Semiconductor Ltd. designs, develops and supplies power semiconductor products. Its products include analog switches, insulated-gate bipolar transistors, metal-oxide-semiconductor field-effect transistors, power integrated circuits, and transient voltage suppressors. The firm operates through the following geographical segments: Hong Kong, China, South Korea, United States, and Other Countries. The company was founded by Mike F. Chang, Yueh-Se Ho, Anup Bhalla, and Sik Kwong Lui on September 27, 2000 and is headquartered in Sunnyvale, CA.

$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.

$RYAM(Rayonier Advanced Materials Inc)- Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cell phone and computer screens, filters, and pharmaceuticals. It operates through the following segments: High Purity Cellulose, Forest Products, Paperboard, Pulp and Newsprint, and Corporate. The High Purity Cellulose segment manufactures and markets high purity cellulose, which is sold as either cellulose specialties or commodity products in U.S., Canda, and France.

$DCP(DCP Midstream Partners)- DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas. It operates through three segments: Gathering & Processing powerhouse, Logistics & Marketing, and Growth Projects. The Gathering & Processing powerhouse segment engages in gathering and processing of raw gas to make it marketable. The Logistics & Marketing segment consists of multiple downstream assets including fractionators, NGL pipelines, and NGL storage facilities. The Growth Projects segment includes Mewbourn 3, which is a cryogenic natural gas processing plant in the DJ Basin. The company was founded in August 2005 and is headquartered in Denver, CO.

$BIDU(Baidu Inc)- Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment provides online advertising services. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.

$AVNW(Aviat Networks)- Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless network products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF units. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

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!!!!

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top