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!!!! 

Let’s recap this week’s latest news. Cramer’s lightning round: Teladoc Health is not in a good situation. Stocks making the biggest moves midday: AMC Entertainment, Tesla, Micron, Under Armour, and more. FTX co-founder Sam Bankman-Fried is escorted by corrections officers to the Magistrate’s Court on December 21, 2022, in Nassau, Bahamas. Christmas comes with a spooky twist in Austria, Germany, and other Alpine countries that celebrate St. Nicholas Day during the first week of December.

If you are a regular reader, you may be already aware, that we recommend 10-12 stocks in 2 different categories – 1. ValueGrowth and 2. TechFund, 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 every week, 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. 

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 $BSMX, $BCS, and $DB in this category.

Stock Symbol Company Name Action
MRC MRC Global Inc. Sell
BCS Barclays PLC Hold
DB Deutsche Bank Aktiengesellschaft Hold
BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Buy

BSMX(Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México): Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Corporate and Investment Banking segments. It offers various deposit products, such as current accounts, savings accounts, and time deposits, as well as certificates of interbank deposits; and payroll loans, personal loans, credit cards, mortgages, and insurance brokerage services. The company also provides cash management, working capital solutions, and trade finance; structured credit and debt products, project finance, and asset-based finance; financial and strategic advisory services for mergers and acquisition; solutions and services for investing and hedging; and Internet and mobile banking services. It serves individuals, private banking clients, small and medium-sized enterprises, middle-market corporations, government institutions, and corporate and institutional customers.


BCS(Barclays PLC): Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities; and issues credit cards. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.


DB(Deutsche Bank Aktiengesellschaft): Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers merger and acquisitions, and equity advisory services. This segment also focuses on financing, advisory, fixed income, risk management, sales and trading, and currency activities. The company's Private Bank segment provides payment and account services, credit and deposit products, as well as investment advice products, such as environmental, social, and governance products. This segment also provides wealth management services, postal and parcel services, and digital offerings.




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.

we have added it from this list $MGI, $TCMD, $IQ, $TBLA, $DPSI, $CAAS, $IBEX  Removed $NUWE, $PSTX, $CHS

Stock Symbol Company Name Action
NUWE Nuwellis, Inc. Sell
PSTX Poseida Therapeutics, Inc. Sell
CHS Chico's FAS, Inc. Sell
CAAS China Automotive Systems, Inc. Hold
DPSI Decisionpoint Systems, Inc. Hold
IBEX IBEX Limited Hold
MGI MoneyGram International, Inc. Buy
TCMD Tactile Systems Technology, Inc. Buy
IQ iQIYI, Inc. Buy
TBLA Taboola.com Ltd. Buy

 

CAAS(China Automotive Systems, Inc.): China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light-duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services.


DPSI(Decisionpoint Systems, Inc.): Decisionpoint Systems, Inc. provides and integrates enterprise mobility and wireless applications solutions that deliver improved productivity and operational advantages to its clients by helping to move business decision points closer to its customers. It makes enterprise software applications accessible to the front-line worker anytime, anywhere. The company utilizes wireless, mobility, and RFID technologies. It sells, installs, deploys, and repairs mobile computing and wireless systems, such as mobile computers and application software; and related data capture equipment, including bar code scanners and radio frequency identification readers for the retail, warehousing and distribution, healthcare, wholesale distribution, and field sales and service industries.


MGI(MoneyGram International, Inc.): MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and money transfer services in the United States and internationally. The company operates through two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment offers money transfer services and bill payment services through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions; and digital solutions, such as moneygram.com, account deposit, and kiosk-based services, as well as mobile app solutions. 


TCMD(Tactile Systems Technology, Inc.): Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers the Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high-frequency chest wall oscillation test for the treatment of retained pulmonary secretions such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders.


IQ(iQIYI, Inc.): iQIYI, Inc., together with its subsidiaries, provides online entertainment services under the iQIYI brand in the People's Republic of China. The company offers various products and services comprising internet video, online games, live broadcasting, online literature, animations, e-commerce, and social media platform. It operates a platform that provides a collection of internet video content, including professionally-produced content licensed from professional content providers and self-produced content. The company also provides membership, content distribution, and online advertising services. In addition, it operates iQIYI Show, a live broadcasting service that enables users to follow their favorite hosts, celebrities, and shows in real-time through live broadcasting; and iQIYI Lite, easy and quick access to personalized videos based on their user preferences.


IBEX(IBEX Limited): IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, which offers customer service, technical support, revenue generation, and other value-added outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients' customer experience. As of June 30, 2022, the company operated 34 customer engagement and four customer acquisition delivery centers.


TBLA(Taboola.com Ltd.): Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users. Taboola.com Ltd. was incorporated in 2006 and is headquartered in New York, New York. Taboola.com Ltd operates as a subsidiary of Nexstar Media Group, Inc.


 

StockXpo's Diversification Strategy

Companies often consider 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 the StocXpo diversification Strategy- 

SELL(NUWE, PSTX, CHS, MRC)

HOLD(BCS,CAAS, DB, DPSI, IBEX)

BUY(BSMX, MGI, TCMD, IQ, TBLA)

Stock Symbol Company Name Action
NUWE Nuwellis, Inc. Sell
CHS Chico's FAS, Inc. Sell
PSTX Poseida Therapeutics, Inc. Sell
MRC MRC Global Inc. Sell
CAAS China Automotive Systems, Inc. Hold
BCS Barclays PLC Hold
DB Deutsche Bank Aktiengesellschaft Hold
DPSI Decisionpoint Systems, Inc. Hold
IBEX IBEX Limited Hold
BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Buy
MGI MoneyGram International, Inc. Buy
TCMD Tactile Systems Technology, Inc. Buy
IQ iQIYI, Inc. Buy
TBLA Taboola.com Ltd. Buy

 

I hope this information will help you buy good stocks for your swing trading. 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. Subscribe to our newsletter so you get notified when we publish our future article like this every Friday about Best Stocks to Buy For the Short term for Swing Trading with clear directions on Buy vs Hold vs Sell. We recommend balancing your swing trading StockXpo alert-based portfolio every Friday following our recommendations closely. All you need is half an hour to an hour of your time on Friday depending on how quickly you can execute these trades. Subscriber today, it’s free forever

Happy Trading!!!!

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