Best Stocks to buy for Swing Trading for this week – Expert Stock Picks of the Week by StockXpo - Stockxpo - Grow more with Investors, Traders, Analyst and Research

Best Stocks to buy for Swing Trading for this week – Expert Stock Picks of the Week by StockXpo

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

After going down on Monday afternoon, Stock  Market rebound for two consecutive days. We are hoping for the same today, before closing. As we have announced, here we are early on Thursday this week with our best stocks to buy for Swing Trading for this week recommendation. Entertainment’s Stock has now sold more than $10 billion in Tesla Inc. stock, extending the billionaire’s share-selling spree in the electric-vehicle maker into a second month. Other than this Alphabet Inc.’s Apple’s rise announced a delay in its required return-to-office plans, which were set to begin on Jan. 10 at the earliest for U.S. offices.

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 & 4. Diversification, 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 choose the best stock market investment which is 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 this week’s recommendations. Please note that overall the market was very much on the upside, 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 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 of 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 breakthrough 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 $VRS, $TWI and $PLAB

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

Stock Symbol Company Name Action
BLDR Builders FirstSource, Inc. Sell
ON ON Semiconductor Corporation Sell
VRS Verso Corporation Hold
TWI Titan International, Inc. Buy
PLAB Photronics Inc Buy

TWI(Titan International, Inc.): Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.


VRS(Verso Corporation.)- Verso Corp. engages in the production and supply of coated paper and products. The firm operates through the following segments: Paper and Pulp business. It offers paper products ranging from web, coated, digital, specialty and book and uncoated. The company was founded on August 1, 2006 and is headquartered in Miamisburg, OH.


PLAB(Photronics Inc): Photronics, Inc. manufactures photomasks with high precision photographic quartz or glass plates containing microscopic images of electronic circuits. It manufactures semiconductors and flat-panel displays and is used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of integrated circuits, a variety of FPDs and other types of electrical and optical components.




StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock-picking criterion is 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. So our picks are $BIOC , $YARIY and $QDEL in this category.

Stock Symbol Company Name Action
GMS GMS Inc Sell
TCS The Container Store Group, Inc. Sell
QDEL Quidel Corporation Hold
BIOC Biocept Inc Buy
YARIY Yara International ASA Buy

BIOC(Biocept Inc): Biocept, Inc. is an oncology laboratory service company, which focuses on the development and marketing of novel laboratory products in the detection of rare cells to include circulating tumor cells. It develops and commercializes proprietary circulating tumor cell and circulating tumor DNA tests utilizing a standard blood sample.


YARIY(Yara International ASA): Yara International ASA engages in the production, distribution, and sale of fertilizers. It operates through the following segments: Sales and Marketing, Industrial, Production, and Supply Chain. The Sales and Marketing segment consists of marketing organization and distribution network for fertilizer products and agronomic solutions. The Industrial segment includes developing and selling chemical products and industrial gases to non-fertilizer market segments.


QDEL(Quidel Corporation)- Quidel Corp. engages in the development, manufacture and market of rapid diagnostic testing solutions. Its portfolio includes rapid immunoassays, cardiac immunoassays, specialized diagnostic solutions and molecular diagnostic solutions. The firm products are directly sold to end users and distributors and for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, urgent care clinics, universities, retail clinics, pharmacies and wellness screening centers. The company was founded in 1979 and is headquartered in San Diego, CA.




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 added it from this list $TH, $TWI, $ASRT, $ARLO, $CERN, $NXRT, $BRDG removed $OCN, $BVH, $JBL, $NMRK, $CHRW

Stock Symbol Company Name Action
OCN Ocwen Financial Corporation Sell
BVH Bluegreen Vacations Holding Corporation Sell
JBL Jabil Inc. Sell
NMRK Newmark Group, Inc. Sell
CHRW C.H. Robinson Worldwide, Inc. Sell
TWI Titan International, Inc. Hold
ARLO Arlo Technologies, Inc. Hold
TH Target Hospitality Corp Buy
ASRT Assertio Holdings Inc Buy
NXRT NexPoint Residential Trust Inc Buy
BRDG Bridge Investment Group Holdings Inc Buy
CERN Cerner Corporation Buy

TH(Target Hospitality Corp): Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. It operates through the following business segments: Permian Basin, Bakken Basin, and Government. The Permian Basin segment operates facilities in the Permian Basin region and communities in Texas and New Mexico.

ASRT(Assertio Holdings Inc)- Assertio Holdings, Inc. engages in the provision of commercial pharmaceutical products. Its commercial portfolio of branded products focuses on the following areas: neurology, hospital, and pain and inflammation. The company was founded on August 7, 1995 and is headquartered in Lake Forest, IL.


TWI(Titan International, Inc. ) Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels and tires for various types of off the road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment manufactures truck tires in Latin America and light truck tires in Russia; and also offers select products for turf and golf cart applications. The company was founded by John A. Stillwell in 1890 and is headquartered in Quincy, IL.


CERN(Cerner Corporation): Cerner Corp. designs, develops, markets, installs, hosts and supports health care information technology, health care devices, hardware and content solutions for health care organizations and consumers. The company also provides value-added services, including implementation and training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employee wellness programs and third party administrator services for employer-based health plans. It operates through the following segments: Domestic and International.


NXRT(NexPoint Residential Trust Inc): NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.


ARLO(Arlo Technologies Inc.): Arlo Technologies, Inc., together with its subsidiaries, provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular connection in the Americas, Europe, the Middle-East and Africa, and the Asia Pacific regions. It offers Arlo Q and Arlo Q Plus, an indoor wired solution that allow users to monitor their surroundings; Arlo Go, a LTE-enabled wire-free camera that provides untethered mobile security; Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision; Arlo Chime, a product that plugs into standard wall outlet and pairs with the Arlo Audio Doorbell to play various ringtones or act as a siren; and Arlo Ultra, an integrated spotlight and crystal-clear two-way audio with advanced noise cancellations camera.


BRDG(Bridge Investment Group Holdings Inc): Bridge Investment Group is a vertically integrated real estate investment manager, diversified across specialized asset classes. BRDG combines an operating platform with investment professionals focused on real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies and agency mortgage backed securities.The stock price of Bridge Investment Group has surged 25% in the past four weeks. BRDG has an expected earnings growth rate of 18.9% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.1% over the past 60 days.


 

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(BLDR, ON, GMS, TCS, OCN, BVH, JBL, NMRK, CHRW)
HOLD(VRS, QDEL, TWI, ARLO)
BUY(BIOC, PLAB, YARIY, TH, ASRT, CERN, NXRT, BRDG)

Stock Symbol Company Name Action
BLDR Builders FirstSource, Inc. Sell
ON ON Semiconductor Corporation Sell
GMS GMS Inc Sell
TCS The Container Store Group, Inc. Sell
OCN Ocwen Financial Corporation Sell
BVH Bluegreen Vacations Holding Corporation Sell
JBL Jabil Inc. Sell
NMRK Newmark Group, Inc. Sell
CHRW C.H. Robinson Worldwide, Inc. Sell
VRS Verso Corporation Hold
QDEL Quidel Corporation Hold
ARLO Arlo Technologies, Inc. Hold
TWI Titan International, Inc. Hold
PLAB Photronics Inc Buy
BIOC Biocept Inc Buy
YARIY Yara International ASA Buy
TH Target Hospitality Corp Buy
ASRT Assertio Holdings Inc Buy
NXRT NexPoint Residential Trust Inc Buy
BRDG Bridge Investment Group Holdings Inc Buy
CERN Cerner Corporation 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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