Hot Stock Watchlist for Swing Trading Today – Expert Stock Picks of the Week by StockXpo

Hello to all our readers including Traders, Investors, Analysts and others!!!! This week we got some good news that Johnson & Johnson JNJ 0.93% asked U.S. regulators on Thursday to authorize the emergency use of its Covid-19 vaccine, setting the stage for a potential third vaccine to become available in the U.S. within weeks. For GME frenzy topic, Robinhood finally lifted trading restrictions on Gamestop and other stocks. If you want to hear Cramer’s reaction on it, don’t forget to read his feedback on how he sees small investors ganging up online against Wall Street Hedge funds and how it’s going to affect the market and your trading at the end. 

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 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.

Here we are again with our this week’s recommendations. 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. $CONN, $TROX and $NMM. Please note that – compared to last week, we have removed $CLF, $MIK and $THC.

CONN(Conn’s Inc.)- Conn’s, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. It also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. The firm 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.

TROX(Tronox Holdings PLC):- Tronox Holdings Plc engages in the mining and inorganic chemical business. Its products include Titanium Dioxide Mineral Sands. The firm also mines and processes titanium ore, zircon and other minerals, and manufactures titanium dioxide pigments. The company was founded in 2006 and is headquartered in Stamford, CT.It’s recorded profits (attributable to the company) of $32 million or 22 cents per share in first-quarter 2020 against a loss of $34 million or 27 cents per share a year ago.Barring one-time items, adjusted earnings per share for the reported quarter were 29 cents, which surpassed the Consensus Estimate of 23 cents.Revenues surged around 85% year over year to $722 million in the reported quarter, matching the Consensus Estimate. The upside can be attributed to higher titanium dioxide (TiO2) sales.

NMM(Navios Maritime Partners L.P.)-Navios Maritime Partners LP engages in owning and operating dry cargo and container vessels. It engages in the seaborne transportation services of dry cargo commodities including iron ore, coal, grain and fertilizer and also containers, chartering its vessels. Navios Maritime Partners was founded on August 7, 2007 and is headquartered in Monte Carlo, Monaco.Navios Maritime Partners LP is a stock many investors are watching right now. NMM is currently holding a Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 3.13, while its industry has an average P/E of 6.54. Over the last 12 months, NMM’s Forward P/E has been as high as 3.47 and as low as 0.90, with a median of 2.40.

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 $CALX, $LMST and $ORRF. We have finally removed $TGI. 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.

CALX(Calix Inc)- Calix came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.35%. A quarter ago, it was expected that this cloud, software platforms, systems and services provider for communications service providers would post earnings of $0.20 per share when it actually produced earnings of $0.40, delivering a surprise of 100% Over the last four quarters, the company has surpassed consensus EPS estimates four times.Calix, which belongs to the Communication – Infrastructure industry, posted revenues of $170.03 million for the quarter ended December 2020, surpassing the Consensus Estimate by 7.04%. This compares to year-ago revenues of $120.19 million. The company has topped consensus revenue estimates four times over the last four quarters.

Don’t miss: Hot Stock Watchlist for Swing Trading Today – Expert Stock Picks of the Week by StockXpo

LMST(Limestone Bancorp Inc.)- Limestone Bancorp, Inc. operates as a bank holding company, which engages in the provision of community banks with commercial and personal banking products. The firm includes wealth management and trust services, and an innovative on-line bank which delivers competitive deposit products and services through an on-line banking division operating under the name of Ascencia. It operates through the following segments: Commercial, Commercial Real Estate, Residential Real Estate, Consumer, Agricultural, and Other. The company was founded by Maria L. Bouvette in 1988 and is headquartered in Louisville, KY.

ORRF(Orrstown Financial Services Inc.)-Orrstown Financial Services, Inc. operates as a holding company, which engages in the provision of consumer and business financial services. It also offers commercial banking and trust business services which involves accepting demand, time and savings deposits, and granting loans. The company was founded on November 17, 1987 and is headquartered in Shippensburg, PA.Wall Street expects a year-over-year increase in earnings on higher revenues when Orrstown Financial Services (ORRF Quick QuoteORRF) reports results for the quarter ended December 2020. 

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 $BGS, $CLSD, $CSLT and $$LNVGY from this strategy picks. We have added $VCEL, $KLXE, $NMM and $FLL. We are continuing to hold on to  $ORGO, $HIMX and $SCOR .

HIMX(Hancock Horizon Mississippi Tax-Free Inc Fund Investor):- Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 1995 and is headquartered in San Francisco, CA.The Fund seeks current income exempt from both federal income tax and Mississippi personal income tax. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that pay interest that is exempt from federal and Mississippi income tax.

VCEL(Vericel Corp.)- Vericel Corp. engages in the research, product development, manufacture, and distribution of patient-specific, expanded cellular therapies for use in the treatment of patients with diseases. Its product portfolio includes MACI and Epicel. The MACI portfolio is FDA-approved product that applies the process of tissue engineering to grow cells on scaffolds using healthy cartilage tissue from the patient’s own knee. The Epicel portfolio provides skin replacement for patients who have deep dermal or full thickness burns. The company was founded on March 24, 1989 and is headquartered in Cambridge, MA.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.Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

ORGO(Organogenesis Holdings Inc. Cl A)-Organogenesis Holdings, Inc. is a regenerative medical company. It focuses on the development, manufacture and commercialization of product solutions for the advanced wound care, surgical and sports medicine markets. The company was founded in 1985 and is headquartered in Canton, MA.The five-grade Rank system, which ranges from a  Rank #1 (Strong Buy) to a  Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with #1 Ranked stocks generating an average annual return of +25% since 2008.

KLXE(KLX Energy Services Holdings Inc.)-KLX Energy Services Holdings, Inc. engages in the provision of completion, intervention and production services and products to onshore oil and gas producing regions. It operates through the following geographical segments: Southwest, Rocky Mountains and Northeast. The company was founded in 2018 and is headquartered in Wellington, FL.The Oil and Gas- Field Services industry comprises companies that primarily engage in providing support services to exploration and production players. These companies help in manufacturing, repairing and maintaining wells as well as drilling equipment, leasing of drilling rigs, seismic testing, transport and directional solutions, among others.

NMM(Navios Maritime Partners L.P.)-It engages in owning and operating dry cargo and container vessels. It engages in the seaborne transportation services of dry cargo commodities including iron ore, coal, grain and fertilizer and also containers, chartering its vessels. Navios Maritime Partners was founded on August 7, 2007 and is headquartered in Monte Carlo, Monaco.Navios Maritime Partners LP is a stock many investors are watching right now. NMM is currently holding a Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 3.13, while its industry has an average P/E of 6.54. Over the last 12 months, NMM’s Forward P/E has been as high as 3.47 and as low as 0.90, with a median of 2.40.

FLL(Full House Resorts Inc.)- The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Full House Resorts, Inc. engages in the ownership, leasing, development, operation, and management of gaming, hospitality, and entertainment facilities. It operates through the following segments: Silver Slipper Casino and Hotel, Bronco Billy’s Casino and Hotel, Rising Star Casino Resort and Northern Nevada. The Silver Slipper Casino and Hotel segment includes gaming space, hotel rooms, fine dining restaurant, buffet, quick service restaurant.

SCOR(comScore Inc.)- comScore, Inc. engages in the provision of products and services to media, advertising, and marketing industries. The firm offers market and audience analytics, ad optimization, planning tools, and business facilitation services. The company was founded by Magid M. Abraham and Gian Mark Fulgoni in August 1999 and is headquartered in Reston, VA.It came out with a quarterly loss of $0.09 per share versus the  Consensus Estimate of a loss of $0.17. This compares to a loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 47.06%. A quarter ago, it was expected that this online research firm would post a loss of $0.28 per share when it actually produced a loss of $0.15, delivering a surprise of 46.43%.

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!!!!