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

The Stock Market was up this week. Let’s take a look at some of the top news of the week first. Nobody waits in line for Windows updates any longer. However, the venerable operating system continues to play an essential part in Microsoft’s MSFT 0.42 percent growing company… In addition, Two prominent IT businesses will be among the first to list on a Silicon Valley stock market that promotes long-term thinking over short-term rewards, reflecting the rising popularity of the sustainable investment… This week, According to its most recent public filing, Didi Global Inc., a Beijing-based ride-hailing business, is aiming for a valuation of $62 billion to $67 billion in its IPO.

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, 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 our this week’s recommendations. Please note that overall the market was very much on the down side, 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 the 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 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 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 $SIG, $BNTX and $PTR

Please note that – compared to last week, we have removed $CONN  and $TLYS.

Stock Symbol Company Name Action
CONN Conn's Inc. Sell
TLYS Tilly's Inc. Sell
SIG Signet Jewelers Ltd. Hold
BNTX BioNTech SE Buy
PTR PetroChina Co. Ltd. Buy

 

SIG(Signet Jewelers Ltd.)- Signet Jewelers Ltd. engages in the retail of diamond jewelry. It operates through the following business segments: North America, International, and Others. The North American segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations throughout the U.S. and Canada. The International sells primarily in the UK and Ireland under the H. Samuel and Ernest Jones banners. The Other segment consists of activities related to purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The company was founded in 1949 and is headquartered in Hamilton, Bermuda.



BNTX(BioNTech SE)- BioNTech SE operates as a clinical-stage biotechnology company. It operates through the following business units: Biotech Business and External Services. The Biotech Business unit consists of Clinical, Technology Platform, and Manufacturing segments. It also includes business services operations. The External Services unit consists of the External Services segment, which includes activities related to the sale of diagnostic products, peptides, retroviral vectors for clinical supply, development, and manufacturing services. The company was founded by Christopher Huber, Ozlem Tureci, and Ugur Sahin on June 2, 2008, and is headquartered in Mainz, Germany.

PTR(PetroChina Co. Ltd.)- PetroChina Co. Ltd. engages in petroleum-related products, services, and activities. It operates through the following business segments: Exploration and Production; Refining and Chemicals; Marketing; Natural Gas and Pipeline; and Head Office and Other. The Exploration and Production segment involves exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment focuses on the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment includes marketing of refined products and the trading business. The Natural Gas and Pipeline segment comprises transmission of natural gas, crude oil, and refined products and the sale of natural gas.

StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock-picking criteria are 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. You may be surprised here but we are not changing our stock picks yet. These stocks still have a lot of potentials and so we are still holding on to them this week. So our picks are $SWBI, $HIBB, and $TLYS  in this category.

Stock Symbol Company Name Action
GIII G-III Apparel Group Ltd. Sell
HIBB Hibbett Sports Inc. Hold
TLYS Tilly's Inc. Hold
SWBI Smith & Wesson Brands Inc. Buy

 

SWBI(Smith & Wesson Brands Inc.)- Smith & Wesson Brands, Inc. is a holding company, which engages in the manufacture, design, and provision of firearms. It operates through the Firearms and Outdoor Products & Accessories segments. The Firearms segment comprises the manufacture of handguns, long guns, handcuffs, suppressors, and other firearm-related products for sale to a wide variety of customers. The Outdoor Products & Accessories segment engages in the distribution, manufacture, and design of reloading, gunsmithing, and gun cleaning supplies; stainless-steel cutting tools and accessories; flashlights; tree saws and related trimming accessories; shooting supplies, rests, and other related accessories; apparel; vault accessories; laser grips and laser sights; and a full range of products for survival and emergency preparedness. The company was founded by Michell A. Saltz on June 17, 1991, and is headquartered in Springfield, MA.


HIBB(Hibbett Sports Inc.)- Hibbett Sports, Inc. engages in the provision of sporting goods business. Its stores are operating under the Hibbett Sporting Goods and City Gear banners and an omnichannel platform. The firm features a core selection of brand-name merchandise emphasizing athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company was founded in 1945 and is headquartered in Birmingham, AL.


TLYS(Tilly’s Inc.)- Tilly’s, Inc. engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA. A solid price increase over a period of 12 weeks reflects investors’ continued willingness to pay more for the potential upside in a stock. TLYS is quite a good fit in this regard, gaining 28.7% over this period. However, it’s not enough to look at the price change for around three months, as it doesn’t reflect any trend reversal that might have happened in a shorter time frame. It’s important for a potential winner to maintain the price trend. A price increase of 38% over the past four weeks ensures that the trend is still in place for the stock of this clothing and accessories retailer.




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 removed $CUBI, $ANF, $QFIN, & $QRHC  from this list and added $SALM, $LX, $GCO, $TLYS, $CONN , $BBBY & $JAKK.

Stock Symbol Company Name Action
CUBI Customers Bancorp Inc. Sell
ANF Abercrombie & Fitch Co. Sell
QFIN 360 DigiTech Inc. Sell
QRHC Quest Resource Holding Corp. Sell
LX LexinFintech Holdings Ltd. Hold
TLYS Tilly's Inc. Hold
BBBY Bed Bath & Beyond Inc. Hold
SALM Salem Media Group Inc. Buy
GCO Genesco Inc. Buy
CONN Conn's Inc. Buy
JAKK JAKKS Pacific Inc. Buy

 

SALM(Salem Media Group Inc.)- Salem Media Group, Inc. engages in the provision of media specializing in Christian and conservative content. It operates through the following segments: Broadcast, Digital Media, and Publishing. The Broadcast segment owns and operates radio stations in large metropolitan markets, which includes national and local programming content. The Digital Media segment offers Christian, conservative, investing, and health-themed content, e-commerce, audio, and video streaming, and other resources digitally through the web. The Publishing segment comprises book publishing, self-publishing services, and print and digital magazines. The company was founded by Stuart W. Epperson and Edward G. Atsinger III in 1986 and is headquartered in Irving, TX.


LX(LexinFintech Holdings Ltd.)- Lexinfintech Holdings Ltd. engages in the provision of online consumer finance platforms. Through its subsidiaries, it provides online direct sales with installment payment terms; installment purchase loans; and personal installment loans. Its services are offered through its online consumer finance platform, www.fenqile.com; and mobile application. The company was founded by Wen Jie Xiao and Qian Qiao on November 22, 2013, and is headquartered in Shenzhen, China.


GCO(Genesco Inc.)- Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment comprises the Journeys, Journeys Kidz, Shi by Journeys, and Little Burgundy retail stores, catalog, and e-commerce operations. The Schuh Group segment includes Such retail footwear chain and e-commerce operations. The Johnston & Murphy Group segment covers Johnston & Murphy retail operations, e-commerce and catalog operations, and wholesale distribution. The Licensed Brands segment comprises Dockers Footwear, sourced and marketed under a license from Levi Strauss & Company, SureGrip Footwear, occupational footwear primarily sold directly to consumers and other footwear brands. The company was founded in 1924 and is headquartered in Nashville, TN.


TLYS(Tilly’s Inc.)- Tilly’s, Inc. engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA. A solid price increase over a period of 12 weeks reflects investors’ continued willingness to pay more for the potential upside in a stock. TLYS is quite a good fit in this regard, gaining 28.7% over this period.

However, it’s not enough to look at the price change for around three months, as it doesn’t reflect any trend reversal that might have happened in a shorter time frame. It’s important for a potential winner to maintain the price trend. A price increase of 38% over the past four weeks ensures that the trend is still in place for the stock of this clothing and accessories retailer.


CONN(Conn’s Inc.)- Conn’s, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. The firm also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. It operates through the Retail and Credit segments. The Retail segment sells home appliances to the retail market; and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories. The Credit segment provides in-house consumer credit programs that offer standardized credit decisions, including down payment, limit amounts, and credit terms. The company was founded by Edward Eastham in 1890 and is headquartered in The Woodlands, TX.


BBBY(Bed Bath & Beyond Inc.)- Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. Its products include domestic merchandise and home furnishings such as bed linens and related items, bath items, kitchen textiles kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, and consumables. The company was founded by Warren Eisenberg and Leonard Feinstein in 1971 and is headquartered in Union, NJ.


JAKK(JAKKS Pacific Inc.)- JAKKS Pacific, Inc. engages in the design, development, and sale of toys, consumables, electronics, kid’s indoor and outdoor furniture, and other consumer products. It operates through the following business segments: the United States and Canada, International, and Halloween. The United States and Canada segment includes action figures, vehicles, playsets, plush products, dolls, electronic products, construction toys, infant and pre-school toys, role play and everyday costume play, foot to floor ride-on vehicles, wagons, novelty toys, seasonal and outdoor products, kids’ indoor and outdoor furniture, and pet treats, and related products, primarily within the United States and Canada. The International segment is responsible for the marketing and sale of toy products in markets outside of the United States and Canada, primarily in the European, Asia Pacific, and Latin and South American regions. The Halloween segment is the marketing and sale of Halloween costumes and accessories and everyday costume play products, primarily in the United States and Canada. The company was founded by Stephen G. Berman and Jack Friedman in January 1995 and is headquartered in Santa Monica, CA.


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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