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!!!! 

In one way this year so far looks very like last year: the benchmark 10-year Treasury yield has risen by almost exactly the same amount, a little over 0.2 percentage points. In most ways, though, it looks completely different: rather than rewarding rampant speculation, the stock market has been punishing those who bet on fashionable stocks. FedEx appears to have jumped ahead of many competitors to capture increased market share. The U.S. integrated freight and logistics company has added six intercontinental routes in recent months, serving more than 225 flights operating weekly back and forth from the Asia-Pacific region to the U.S. and European markets. The S&P 500 slipped 0.8%, while the Top-Performing Stocks fell about 1.5%. The Dow Jones Industrial Average was down 8 points after rising more than 200 points earlier in the day.

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 $ARCO &  $F

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

ARCO(Arcos Dorados Holdings Inc.): Arcos Dorados Holdings, Inc. engages in the operation of restaurants. The firm operates and franchises McDonald’s restaurants in the food services industry through its subsidiaries. It operates through the following geographical segments: Brazil, Caribbean Division, North Latin America division (NOLAD), and South Latin America division (SLAD). The Caribbean Division geographical segment composes Aruba, Curacao, Colombia, French Guyana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the U.S. Virgin Islands of St. Croix, and St. Thomas and Venezuela. The SLAD geographical segment comprises Argentina, Chile, Ecuador, Peru, and Uruguay. The NOLAD geographical segment consists Costa Rica, Mexico, and Panama. The company was founded on August 3, 2007 and is headquartered in Montevideo, Uruguay.

F(Ford Motor Co.): Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the following three segments: Automotive, Mobility, and Ford Credit. The Automotive segment engages in developing, manufacturing, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and autonomous vehicles business. The Ford Credit segment comprises Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. The company was founded by Henry Ford on June 16, 1903 and is headquartered in Dearborn, MI.

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 $CAL , $ACI  and $QDEL  in this category.

CAL(Caleres, Inc.): Caleres, Inc. engages in the retail and wholesale of footwear. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family. The Brand Portfolio segment offers retailers and consumers a portfolio of brands by designing, developing, sourcing, manufacturing, and marketing branded footwear for women and men.

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

ACI(Albertsons Cos. Inc.): Albertsons Cos., Inc. engages in the operation of food and drug retail stores. It offers grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. The company was founded by Joe Albertson on July 21, 1939 and is headquartered in Boise, ID.

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 $TCS, $YSG, $CTO, $AMN removed  $TWI, $NXRT, $BRDG, $ITRN.

TCS(The Container Store Group): The Container Store Group, Inc. is a holding company, which engages in the retail of storage and organization products and solutions. It operates through The Container Store and Elfa segments. The Container Store segment consists of retail stores, website and call center, as well as installation and organizational services business. The Elfa segment involves in the design and manufacture of component-based shelving and drawer systems and made-to-measure sliding doors. The company was founded in 1978 and is headquartered in Coppell, TX.

YSG(Yatsen Holding Ltd. ADR): Yatsen Holding Ltd. engages in the sale of beauty products. The firm offers its products under the following brands: Perfect Diary, Little Ondine, and Abby’s Choice. It offers a broad range of color cosmetics products which include eye, face, and lip products. The company was founded by Jin Feng Huang, Yu Wen Chen, and Jian Hua Lyu on September 12, 2016 and is headquartered in Guangzhou, China.

CTO(CTO Realty Growth, Inc.): CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Daytona Beach, FL.

AMN(AMN Healthcare Services, Inc.): AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The firm operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment includes travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions businesses. The Physician and Leadership Solutions segment offers locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement businesses.

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(TWI, NXRT, BRDG,  WNC, ITRN, RWT, ANDE) 
• HOLD(QDEL, TCS, CAL, CTO, AMN)
• BUY(F, ARCO, ACI, YSG)

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!!!!