Best Stocks to Buy Today for Swing Trading – Expert Stock Picks of The Week By StockXpo

Hello Readers, Traders, Investors, Analysts and all!!!! Welcome to StockXpo’s weekly series of Stock Picks Watchlist. Here we provide our recommendations every Friday which would be good to follow for the swing trading. Please follow-us weekly for balancing your portfolio to use this strategy. You can find more information here.

This week the market has rallied again. If you are thinking about trading or investing in stocks, then you should start soon. Stock market always has opportunities and longer you stay in the market, more you can earn. Ofcourse, our disclaimer will be there as shown in the footer of the site, but accepting that risk, it’s always good to remember reward is only earned by whom taking the risk. 🙂 

There are lot of events happening this week. The house has been keep debating for impeachment of the President Trump over US Capitol incident and the death of 5 citizens. This has been very unfortunate that Donald Trump become the first president who has been criticized twice during his presidency. 

If you are a regular reader, you may be already aware, we recommend 10-12 stocks in 3 different categories – 

SkyRocket – Watching Stocks making their new highs
2. ValueGrowth – Watching Stocks which are at value
3. TechFund – Watching stocks which are Technically and Fundamentally strong

One of this should fit your trading styles and comfort. 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 to StockXpo Weekly Stock Picks. Visit our site to get all relevant information about share market investment tips, 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 pick ideal stocks which are 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.

So, without further dew, here we are again with our this week stock market recommendations today. Please note that overall the market was very much on the up 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. $VSTO, $TSE and $MOS. Please note that – compared to last week, we have removed $CVGI, $LAKE and $RLGY.

VSTO(Vista Outdoor)– Vista Outdoor Inc. develops, manufactures and distributes optics, accessories and eyewear. The Company operates in two segments: Shooting Sports and Outdoor Products. Its product consist of binoculars, laser rangefinders, riflescopes, trail cameras, archery accessories, blinds, decoys, game calls, gun care products, mounts, powder, reloading equipment, targets, target systems, safety and protective eyewear, fashion and sports eyewear. The company’s product portfolio include Bushnell(R), Primos(R), Bollè(R), Serengeti(R), Cébé, RCBS(R), Hoppe’s(R), Uncle Mike’s(R), Gold Tip(R), Weaver(R) and Tasco(R). Vista Outdoor Inc. is headquartered in Utah.

TSE(Trinseo Sa):- Trinseo S.A. is a global materials company and manufacturer of plastics, latex and rubber. The Company’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Its major products include styrene-butadiene latex, styrene-acrylate latex, solution styrene-butadiene rubber, lithium polybutadiene rubber, emulsion styrene-butadiene rubber, nickel polybutadiene rubber, polystyrene, expandable polystyrene, acrylonitrile-butadiene-styrene, styrene-acrylonitrile, ignition resistant polystyrene, polycarbonate resins, compounds and blends, and polypropylene compounds. Trinseo S.A. is based in Berwyn, Pennsylvania. 

MOS(Mosaic Co/The)- Minnesota-based The Mosaic Company is a leading producer and marketer of concentrated phosphate and potash for the global agriculture industry. It was formed through the combination of the fertilizer businesses of agribusiness giant Cargill Incorporated and IMC Global Inc. Mosaic is the biggest integrated phosphate producer globally and is also among the four largest potash producers in the world.

The company caters customers across roughly 40 countries. It accounts for roughly 13% of global annual phosphate production and around 11% of global annual potash production.

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 $MTOR, $DCO and $BPOP. We have finally removed $ACCO, $AIR and $PERI. 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.

MTOR(Meritor Inc)- Meritor,Inc. headquartered in Troy, MI, is a global automotive parts manufacturer and supplier. The company supplies a broad range of integrated systems, modules and components for commercial and specialty vehicles worldwide, with leading positions in most of its markets. Meritor serves a broad range of original equipment manufacturers (OEMs) worldwide, including commercial truck, trailer, military, bus and coach, other industrial OEMs and certain aftermarkets.

Don’t miss: Best Stocks to buy for Swing Trading Today – Expert Stock Picks of the week by StockXpo

DCO(Ducommun Inc De):-  Ducommun Incorporated manufactures components and assemblies principally for domestic and foreign commercial and military aircraft and space programs. Ducommun is a subcontractor to Lockheed Martin on the Space Shuttle external tank and a supplier of components for the Space Shuttle, as well as for the International Space Station.

BPOP(Popular Inc)– Popular, Inc. is a diversified, publicly owned bank holding company. The corporation’s principal subsidiary, Banco Popular de Puerto Rico, has one of the largest retail franchises in Puerto Rico, operating numerous branches and automated teller machines. The Bank also operates branches in the U.S. Virgin Islands, the British Virgin Islands, and New York.

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 $NSPR, $LAKE, $SONM and $HROW from this strategy picks. We have added $RMED, $ICPT, $RDUS and $SCHL. We are continuing to hold on to  $ORGO, $WOR and  $SAH.

RMED(Ra Medical Systems)- Ra Medical Systems, Inc. is a commercial-stage medical device company. It develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological diseases. The company’s product pipeline consists of DABRA which is a minimally-invasive excimer laser and disposable catheter system used by physicians as a tool in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease, a form of peripheral artery disease, or above- and below-the-knee. Pharos Excimer Laser is a powerful 308 nm ultraviolet-B excimer laser used by physicians as a tool to treat chronic skin diseases, including psoriasis, vitiligo, atopic dermatitis and leucoderma. Ra Medical Systems, Inc. is based in Carlsbad, California.

ICPT(Intercept Pharma)- New York, NY-based Intercept Pharmaceuticals, Inc. is a biopharmaceutical company focused on bringing novel therapeutics to treat chronic liver diseases to market. The company’s focus is on treating orphan and more prevalent liver diseases with limited treatment options.

In May 2016, the company received FDA approval for Ocaliva (obeticholic acid/OCA), an farnesoid X receptor (“FXR”) agonist in combination with ursodeoxycholic acid (UDCA), for the treatment of primary biliary cholangitis (“PBC”) in adults with an inadequate response to UDCA or as monotherapy in adults who are intolerant to UDCA.

ORGO(Organogenesis)- Organogenesis is a leading regenerative medicine company focused on the development, manufacture and commercialization of solutions for the Advanced Wound Care and Surgical & Sports Medicine markets.

RDUS(Radius Health):- Waltham, MA-based Radius Health, Inc. is a biopharmaceutical company, focused on the development of endocrine therapeutics in the areas of osteoporosis and oncology. In April 2017, the FDA approved Tymlos injection for the treatment of postmenopausal women with high risk osteoporosis for fracture – defined as history of osteoporotic fracture – multiple risk factors for fracture, or patients who have failed or are intolerant to other available osteoporosis therapy.

WOR(Worthington Ind):- Worthington Industries, Inc. has been North American’s premier, value-added steel processor, providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture. Worthington is also the leading global supplier of pressure tanks and cylinders. The company manufactures a host of pressure cylinders products for industrial gas and cryogenic applications, transportation and alternative fuel storage, oil and gas equipment, and consumer brand retail products, including Bernzomatic, Coleman and Balloon Time. They have built a reputation on quality, safety and regulatory compliance, ensuring the protection of their employees, customers and industry. In fact, designing and building protective structures is another one of their specialties. Worthington manufactures custom-engineered, open and enclosed cabs, and operator stations for the smallest utility equipment to the largest earth-moving machinery in the world.

SCHL(Scholastic Corp)- Scholastic Corporation is the world’s largest publisher and distributor of children’s books and a leader in educational technology and children’s media. Scholastic creates quality educational and entertaining materials and products for use in school and at home, including children’s books, magazines, technology-based products, teacher materials, television programming, film, videos and toys. The Company distributes its products and services through a variety of channels, including proprietary school-based book clubs and school-based book fairs, retail stores, schools, libraries & television networks. The company distributes its products and services directly to schools and libraries through retail stores and the Internet.

SAH(Sonic Automotive)- Sonic Automotive Inc. is one of the leading automotive retailers in the United States. Apart from selling new and used cars and light trucks, the company offers warranties, service contracts, vehicle financing and insurance. Further, it provides maintenance and repair services, and sells replacement parts and aftermarket automotive products.In 2019, New Vehicle represented 46.7% of Sonic Automotive’s total revenue; Used Vehicle represented 33.3%; Wholesales contributed 2%; Parts, Service and Collision Repair accounted for 13.4%; and Finance & Insurance represented 4.6%. 

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 query and information.

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Happy Trading!!!!