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

Happy Friday to all Traders, Investors, Analysts!!!! Welcome to our weekly blog series. If you are new to this, we provide buy and hold recommendations in 3 different strategies here to fit different types of trading techniques to fit our follower’s needs and comfort. Please Subscribe to our newsletter to get the weekly stock recommendation delivered to your inbox. It’s completely free. 

This week was very important for COVID vaccines as the FDA and the US government advisory panel has recommended emergency approval for the Pfizer-BioNTech coronavirus vaccine, underlining that the shot’s potential benefits outweigh its risks. 

The CDC Government urges you to help flatten the curve :

• Practice social distancing
• Wear a mask or face covering
• Wash your hands
• Stay home if you feel sick

Here we are again with our this week’s recommendations. Please note that overall the market was up initially this week and then it had some correction after that due to some sell-off with the fear of not getting the stimulus package approved or being rejected. If you are following our recommendations, you must have been trading in any type of market and would be making some or more profit. That’s our strategy. We always recommend to stay in the market in order to get the hike when the time comes and don’t feel like being left out. If not, and you are skeptical about the market, add the swing trading to your trading strategy and get started to follow our recommendations today.

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. $AVNW, $AOSL and $UCTT. Please note that – compared to last week, we have removed $DCP.

$AOSL(Alpha & Omega Semiconductor Ltd)- Alpha and Omega Semiconductor (AOSL) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It’s also important to note that Style Scores work well. our stock rating system that has an impressive track record of outperformance. Alpha and Omega Semiconductor currently has a rank of 2 (Buy). Our research shows that stocks Style Scores of A or B outperform the market over the following one-month period.Looking at a stock’s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

$UCTT(Ultra Clean Holdings Inc)- Ultra Clean Holdings, Inc. designs, manufactures and sells its products and services primarily to customers in the semiconductor capital equipment industry. It operates through the following segments: Semiconductor Products & Solutions (SPS) and Semiconductor Services Business (SSB). The SPS segment provides warranty on its products for a period of up to two years and provides for warranty costs at the time of sale based on historical activity. The SSB segment provides part cleaning, coating and analytical expertise, to IDM and OEM customers. The company was founded in November 2002 and is headquartered in Hayward, CA.

$AVNW(Aviat Networks Inc)– Aviat Networks designs, manufactures and sells a range of wireless networking products, solutions and services. The company’s expected earnings growth rate for the current year is 95.4% against the projected earnings decline of 6.1%. The Consensus Estimate for the company’s current-year earnings has been revised 18% upward over the past 60 days. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock picking criteria is to pick the top 3 out of such value stocks. Moreover, we are more likely to hold them for short term not 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. Our Stock Picks for this week are $REI, $POR and $PERI. We have finally removed $SPB, $BZH and $BIDU. Regardless of fall of the stock market due to COVID-19 fears, we have still booked some profit before they are wiped out from these stocks.

$PERI(Perion Network) – Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions: Undertone, which connects brands to consumers using engaging creatives; Code Fuel, which enables developers to optimize search traffic and generate incremental revenue; MakeMeReach, an automated social management platform that help ad performance across Facebook, Twitter, Instagram, and Snapchat; and Smilebox, a desktop and mobile applications. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered in Holon, Israel.

Don’t miss: Best Stocks to Buy and Hold today for swing trading – Expert Stock Picks of the Week by StockXpo

$REI(Ring Energy Inc)– Ring Energy, Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm’s areas of operation are in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in Midland, TX.When looking at the last two reports, this independent oil and gas company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 48.33%, on average, in the last two quarters.

For the last reported quarter, Ring Energy came out with earnings of $0.11 per share versus the Consensus Estimate of $0.06 per share, representing a surprise of 83.33%. For the previous quarter, the company was expected to post earnings of $0.15 per share and it actually produced earnings of $0.17 per share, delivering a surprise of 13.33%.

$POR(Portland General Electric Company)– Portland General Electric Co. is a vertically integrated electric utility company, which engages in the generation, purchase, transmission, distribution, and retail of electricity. The firm sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers. It also serves residential, commercial, and non-residential customers. The company was founded in 1888 and is headquartered in Portland,OR.The company has more than a century of experience in power delivery. PGE generates power from a diverse mix of resources, including hydropower, coal and natural gas. PGE also participates in the wholesale market by purchasing and selling electricity and natural gas to utilities and energy marketers.

StockXpo’s TechFund Strategy

This is the most active category and we give a lot of preference here to stocks which have strong technical and strong fundamental current and past track records. That’s why we call it TechFund (TAFA) strategy. Just like other strategies, we pick these companies here for weekly based swing trade recommendations. 

Please note that we have removed $MYO, $ORGO, $AOSL, $HIMX and $RYAM from this strategy picks. We have added $DGII, $SRLP, $EMKR and $TTEC. We are continuing to hold on to $DCO, $AOSL and $AVNW.

$DCO(Ducommun Incorporated)- Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.

$DGII(Digi International Inc)- Digi International, Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services and solutions. It operates through the following segments: IoT Products & Services and IoT Solutions. The IoT Products & Services segment offers products and services that help original equipment manufacturers, enterprise and government customers create and deploy, secure IoT connectivity solutions. The IoT Solutions segment offers wireless temperature and other condition-based monitoring services as well as employee task management services. The company was founded in 1985 and is headquartered in Hopkins, MN.

Digi International could be a solid choice for investors given its recent upgrade to   a Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices.

The rating relies solely on a company’s changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure — the  Consensus Estimate.

$SRLP(Sprague Resources LP)- Sprague Resources LP engages in the purchase, storage, distribution and sale of refined products and natural gas. It operates its business through the following segments: Refined Products, Natural Gas, Materials Handling, and Other Operations. The Refined Products segment offers refined products, such as heating oil, diesel, residual fuel oil, kerosene, jet fuel and gasoline. The Natural Gas segment purchases, sells and distributes natural gas. The Materials Handling segment stores various customer owned products, which includes asphalt, clay slurry, salt, gypsum, coal, petroleum coke, caustic soda, tallow, pulp and heavy equipment. The Other Operations segment includes the marketing and distribution of coal conducted in Portland, Maine terminal, commercial trucking activity conducted by Canadian subsidiary and heating equipment service business. The company was founded by Charles Hill Sprague in 1870 and is headquartered in Portsmouth, NH.

$AOSL(Alpha & Omega Semiconductor Ltd)- Alpha and Omega Semiconductor (AOSL) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.It’s also important to note that Style Scores work well. our stock rating system that has an impressive track record of outperformance. Alpha and Omega Semiconductor currently has a rank of 2 (Buy). Our research shows that stocks Style Scores of A or B outperform the market over the following one-month period.Looking at a stock’s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

$EMKR(EMCORE Corporation)- EMCORE Corp. engages in the manufacture and provision of mixed-signal optics products. It offers catv broadband transport and access; lasers and components; chip level devices; satellite RF fiber optic transport; wireless/distributed antenna systems; microwave components; fiber optics gyros, sensors, and navigation systems. The company was founded in 1984 and is headquartered in Alhambra, CA.came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to a loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this maker of components for communications gear and solar panels would post a loss of $0.09 per share when it actually produced a loss of $0.03, delivering a surprise of 66.67%.

$TTEC(TTEC Holdings Inc)- TTEC Holdings, Inc. is a digital global customer experience technology and services company. It focuses on the design, implementation and delivery of transformative solutions for many brands. The firm operates through the following segments: TTEC Digital and TTEC Engage. The TTEC Digital segment provides design, build and operate tech-enabled, insight-driven CX solutions. The TTEC Engage segment provided digitally-enabled customer care, acquisition, and fraud prevention services. The company was founded by Kenneth D. Tuchman in 1982 and is headquartered in Englewood, CO.It makes a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 25.8% in the past one-month time frame.TTEC Holdings has a Rank #1 (Strong Buy) while its Earnings ESP is 1.14%.

$AVNW(Aviat Networks)- Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless network products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF units. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services. The company was founded in 1984 and is headquartered in Austin, TX.

I hope all this information is helping you to buy the best out of best stocks for your swing trading. See you next Friday . Keep coming to our website for stock related query and information.

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Happy Trading!!!!