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!!!! 

This week’s Stock Market is Down. Stock Market were little changed in early morning trading Friday ahead of the November jobs report, as the market neared the end of a wild week fueled by Covid omicron variant developments. Premarket 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 Bill Gates  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 $BVH, $GMS and  $XLNX

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

Stock Symbol Company Name Action
FRG Franchise Group, Inc. Sell
BLDR Builders FirstSource, Inc. Sell
GDP Goodrich Petroleum Corporation Sell
BVH Bluegreen Vacations Holding Corporation Buy
GMS GMS Inc. Buy
XLNX Xilinx, Inc. Buy

 

BVH(Bluegreen Vacations Holding Corp): Bluegreen Vacations Holding Corporation is a holding company. The Company owns an interest in Bluegreen Vacations Corporation, which is a vacation ownership company. It markets and sells vacation ownership interests and manages resorts in leisure and urban destinations. The Bluegreen Vacation Club is a points-based, deeded vacation ownership plan with approximately 68 Club and Club Associate Resorts and access to approximately 11,300 other hotels and resorts through partnerships and exchange networks. In addition, it provides resorts and resort developers with other fee-based services, including resort management, mortgage servicing, title services and construction management. The Company’s subsidiaries include Woodbridge Holdings Corporation and Share Happiness Captive Insurance Company, LLC. 


GMS(GMS Inc.): GMS Inc. is a distributor of specialty building products, including wallboard, suspended ceiling systems, steel framing and other complementary building products. The Company purchases products from many manufacturers and then distributes these goods to a customer base consisting of wallboard and ceilings contractors, homebuilders, and general contractors and individuals. Its wallboard is used as a building product for interior and exterior walls and ceilings in residential and commercial structures. Its ceilings product line consists of suspended mineral fiber, soft fiber and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools and others. Its steel framing product line consists of steel track, studs and the various other steel products used to frame the interior walls of a commercial or institutional building. It operates a network of approximately 280 distribution centers across the United States and Canada.


XLNX(Xilinx,Inc.): Xilinx, Inc. (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs), three-dimensional ICs (3D ICs) and Adaptive Compute Acceleration Platform (ACAP): an integrated multi-core heterogeneous compute platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP), which consists of Xilinx and various third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs) and programmable SoCs.




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 $GHLD, $HGV, $INLX  in this category.

Stock Symbol Company Name Action
QDEL Quidel Corporation Sell
AMN AMN Healthcare Services, Inc. Sell
GHLD Guild Holdings Company Hold
HGV Hilton Grand Vacations Inc. Buy
INLX Intellinetics, Inc. Buy

HGV(Hilton Grand Vacations Inc.): Hilton Grand Vacations Inc is a United States-based global timeshare company, which operates as hotels, rooming house, camps and other lodging places. The company provides the vacation ownership options while bringing services and benefits to club members and visitors and also operates a system of br. It provides cherished vacation memories and new beginnings as an independent public company. The Company manages and operates two innovative club membership programs: Hilton Grand Vacations Club and The Hilton Club, which provide exchange, leisure travel and reservation services to its Club members. It has been developing and operating a distinguished collection of upscale vacation ownership properties in prime locations in the United States, Europe and throughout the Asia Pacific region. It is a fully owned subsidiary of Hilton. The Company properties and units are concentrated in California, Chicago, Colorado, Florida, Hawaii, Las Vegas, New York, South Carolina, Utah, and Washington D.C. 


INLX(Intellinetics, Inc.): Intellinetics, Inc., located in Columbus, Ohio, empowers organizations to manage, store and protect their important documents and data. The company offers its IntelliCloudTM content management platform, in addition to business process outsourcing (BPO), document and micrographics scanning services, and records storage. Intellinetics guides companies through the digital transformation process to reduce risk, strengthen compliance and enable anytime, anywhere access to mission critical forms and documents. From highly regulated industries like Healthcare/Human Service Providers, K-12, Public Safety, and State and Local Governments, to businesses looking to move away from paper-based processes, Intellinetics is the all-in-one, compliant, document management solution. For additional information, please visit www.intellinetics.com.


GHLD  (Guild Holdings Company): In the United States, Guild Holdings Firm is a mortgage company that originates, sells, and services residential mortgage loans. The company has licenses in 48 states and runs around 200 branches. Residential mortgages are originated through retail and correspondent channels. The company is situated in San Diego, California, and was formed in 1960. McCarthy Capital Mortgage Investors, LLC owns Guild Holdings Company, which is a subsidiary of McCarthy Capital Mortgage Investors, LLC.




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 $BVH, $FLOW, $EXTR, $ARLO, $LJPC, $GES, $AMKBY removed $HSON, $LEVL, $FRG

Stock Symbol Company Name Action
HSON Hudson Global, Inc. Sell
LEVL Level One Bancorp, Inc. Sell
FRG Franchise Group, Inc. Sell
BVH Bluegreen Vacations Holding Corporation Hold
FLOW SPX FLOW, Inc. Hold
EXTR Extreme Networks, Inc. Hold
ARLO Arlo Technologies, Inc. Hold
LJPC La Jolla Pharmaceutical Company Buy
GES Guess', Inc. Buy
AMKBY A P Moller Maersk A S Unsponsored Denmark Buy

 

BVH(Bluegreen Vacations Holding Corp.)- Bluegreen Vacations Holding Corporation operates as a vacation ownership company. It markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. The company also provides resort management, mortgage servicing, title services, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners’ associations. Its resort network includes 45 club resorts and 23 club associate resorts. The company was founded in 1966 and is headquartered in Boca Raton, Florida.


FLOW(SPX FLOW Inc.)– SPX FLOW, Inc., together with its subsidiaries, designs, delivers, and services process technology solutions that perform mixing, blending, fluid handling, separation, thermal heat transfer, and other activities. It operates in two segments, Food and Beverage; and Industrial. The Food and Beverage segment offers homogenizers, pumps, valves, separators, and heat exchangers primarily under the APV, Gerstenberg Schroeder, Seital, and Waukesha Cherry-Burrell brands. The Industrial segment offers air dryers, filtration equipment, mixers, pumps, hydraulic technologies, and heat exchangers primarily under the Airpel, APV, Bolting Systems, Bran+Luebbe, Deltech, Hankison, Jemaco, Johnson Pump, LIGHTNIN, POSI LOCK, Power Team, and Stone brands.


LJPC(La Jolla Pharmaceutical Company ) La Jolla Pharmaceutical Co. operates as a biopharmaceutical company. It engages in the discovery, development and commercialization of therapies intended to improve outcomes in patients suffering from life-threatening diseases. Its products portfolio include GIAPREZA and XERAVA. The company was founded in 1989 and is headquartered in San Diego, CA.


GES(Guess’, Inc.): Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The Americas Retail segment includes the Company’s retail and e-Commerce operations in North and Central America and its retail operations in South America. The Americas Wholesale segment consists of the Company’s wholesale operations in the Americas. The Europe segment comprises the Company’s retail, e-commerce and wholesale operations in Europe and the Middle East. The Asia segment refers to the Company’s retail, e-commerce and wholesale operations in Asia and the Pacific. The Licensing segment includes the worldwide licensing operations of the Company. The company was founded by Paul Marciano and Maurice Marciano in 1981 and is headquartered in Los Angeles, CA.


AMKBY(A P Moller Maersk A S Unsponsored Denmark): A.P. Møller-Mærsk A/S engages in shipping, energy, transportation, offshore drilling, and retail activities. It operates through the following segments: Ocean, Logistics and Services, Terminals and Towage, and Manufacturing and Others. The Ocean segment includes global container shipping activities including strategic transhipment hubs and sale of bunker oil. The Logisticsco and Services segment comprises freight forwarding, supply chain management, inland haulage, and other logistics services. The Terminals and Towage segment focuses in the gateway terminal activities, towage, and related marine activities. The Manufacturing and Others segment involves inthe production of reefer and dry containers, providing off-shore supply service, and trading and other businesses. The company was founded by Arnold Peter Møller and Peter Mærsk Møller on April 16, 1904 and is headquartered in Copenhagen, Denmark.


EXTR(Extreme Networks Inc.)– Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeCloud IQ, an ML/AI-powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ – Site Engine that provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management; and ExtremeCloud IQ Essentials offers WIPS, location services, IoT, and guest management services.


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.


 

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: (LEVL, QDEL,  FRG, HSON, BLDR, GDP,  AMN)
  • HOLD:(GHLD, BVH, FLOW, EXTR, ARLO)
  • BUY: (GMS, HGV, LJPC , GES, AMKBY, INLX, XLNX)

Stock Symbol Company Name Action
LEVL Level One Bancorp, Inc. Sell
QDEL Quidel Corporation Sell
FRG Franchise Group, Inc. Sell
HSON Hudson Global, Inc. Sell
BLDR Builders FirstSource, Inc. Sell
GDP Goodrich Petroleum Corporation Sell
AMN AMN Healthcare Services, Inc. Sell
GHLD Guild Holdings Company Hold
BVH Bluegreen Vacations Holding Corporation Hold
FLOW SPX FLOW, Inc. Hold
EXTR Extreme Networks, Inc. Hold
ARLO Arlo Technologies, Inc. Hold
GMS GMS Inc. Buy
HGV Hilton Grand Vacations Inc. Buy
LJPC La Jolla Pharmaceutical Company Buy
GES Guess', Inc. Buy
AMKBY A P Moller Maersk A S Unsponsored Denmark Buy
INLX Intellinetics, Inc. Buy
XLNX Xilinx, Inc. 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.

If you haven’t subscribed yet, 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