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!!!! 

The market was going up and down this week. Shutterfly Inc. is in talks to go public through a merger with a blank-check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. APO -1.69% took the online-photo-book maker private. According to the All-in-One Screener, a Premium feature of GuruFocus, the stocks commonly owned by Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) and Bill Gates (Trades, Portfolio)’ Bill and Melinda Gates Foundation Trust are Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Liberty Global PLC (NASDAQ:LBTYA)(NASDAQ:LBTYK), Liberty Latin America Ltd. (NASDAQ:LILA)(NASDAQ:LILAK) and United Parcel Service Inc. (NYSE:UPS).

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 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 $MSBI, $USAK and $NMM. Please note that – compared to last week, we have removed $CRTO and $AVNW.

Stock Symbol Company Name Action
CRTO Criteo SA Sell
AVNW Aviat Networks Inc Sell
NMM Navios Maritime Partners L.P. Hold
MSBI Midland States Bancorp Inc Buy
USAK USA Truck, Inc. Buy

 

MSBI(Midland States Bancorp Inc)- Midland States Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking products and services through its subsidiary, Midland States Bank. It operates through the following segments: Banking; Wealth Management; Commercial Federal Housing Administration Origination and Servicing; and Other. The Banking segment offers financial products and services such as loans, mortgage loan sales and servicing, letters of credit, deposit products, merchant services, and corporate treasury management services. The Wealth Management segment consists of trust and fiduciary services, brokerage, and retirement planning services. The Commercial Federal Housing Administration Origination and Servicing segment refers to the origination and servicing of government sponsored mortgages for multifamily and healthcare facilities.




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.The company had gained 33.11% over the past month, outpacing the Transportation sector’s gain of 6.98% and the S&P 500’s gain of 1.32% in that time.Wall Street will be looking for positivity from NMM as it approaches its next earnings report date. On that day, NMM is projected to report earnings of $0.75 per share, which would represent a year-over-year decline of 32.43%. Our most recent consensus estimate is calling for quarterly revenue of $72.5 million, up 18.33% from the year-ago period.


USAK(USA Truck, Inc.)- USA Truck, Inc. engages in the provision of transportation of general commodities. It operates through the Trucking, and USAT Logistics segments. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics, and rail intermodal services. The company was founded in 1983 and is headquartered in Van Buren, AR.USA Truck may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.


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 $OMI, $TGI and $REI. We have finally removed $CALX  and  $OVV. 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.

Stock Symbol Company Name Action
CALX Calix Inc Sell
OVV Ovintiv Inc Sell
REI Ring Energy Inc Hold
OMI Owens & Minor, Inc. Buy
TGI Triumph Group Inc Buy

OMI(Owens & Minor, Inc.)- Owens & Minor, Inc. engages in the provision of healthcare solutions. It operates through the Global Solutions and Global Products segments. The Global Solutions segment comprises United States distribution, outsourced logistics, and value-added services business. The Global Products segment manufactures and sources medical surgical products through the production and kitting operations. The company was founded by Otho O. Owens and G. Gilmer Minor in 1882 and is headquartered in Mechanicsville, VA.


TGI(Triumph Group Inc)- Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts.


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 The Woodlands, TX.




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 $HIMX, $LPLA, $ORGO, $NMM and $VET  from this strategy picks. We have added $BWFG, $TCFC, $MSBI, $OPBK, $BASI, $USAK and $AVNW.

Stock Symbol Company Name Action
ORGO Organogenesis Holdings Inc Sell
NMM Navios Maritime Partners L.P. Sell
HIMX Himax Technologies, Inc Sell
LPLA LPL Financial Holdings Inc Sell
VET Vermilion Energy Inc Sell
BWFG Bankwell Financial Group Inc Hold
USAK USA Truck, Inc. Hold
TCFC Community Financial Corp Buy
MSBI Midland States Bancorp Inc Buy
OPBK OP Bancorp Buy
BASI Bioanalytical Systems, Inc. Buy
AVNW Aviat Networks Inc Buy

 

BWFG(Bankwell Financial Group Inc)- Bankwell Financial Group, Inc. is a bank holding company, which engages in the provision of financial services through its banking subsidiary, Bankwell Bank. It offers personal banking solutions including checking, savings, money market, online and mobile banking, debit cards, and personal loans. It also delivers business banking solutions such as business checking, treasury management, business savings, commercial services, business loans and lines of credit, and commercial mortgages. The company was founded in 2007 and is headquartered in New Canaan, CT.


TCFC(Community Financial Corp(Maryland)- The Community Financial Corp. (Maryland) is a bank holding company, which engages in the provision of financial services to individuals and businesses. It offers loans and investments. Through its subsidiary, it provides demand, savings and time deposits and commercial and residential mortgage, construction and land development, home equity and second mortgages, and commercial equipment loans. The company was founded in 1989 and is headquartered in Waldorf, MD.


MSBI(Midland States Bancorp Inc)- Midland States Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking products and services through its subsidiary, Midland States Bank. It operates through the following segments: Banking; Wealth Management; Commercial Federal Housing Administration Origination and Servicing; and Other. The Banking segment offers financial products and services such as loans, mortgage loan sales and servicing, letters of credit, deposit products, merchant services, and corporate treasury management services. The Wealth Management segment consists of trust and fiduciary services, brokerage, and retirement planning services.


OPBK(OP Bancorp)- The proven Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks and it has recently announced a new share-repurchase plan. The board of directors has approved the repurchase of about 500,000 shares of the company’s common stock.The latest plan comes a few months after OP Bancorp’s previously-concluded share-buyback program. The company’s previous program was announced this February and was completed on May 1, 2020. This program included the repurchase of about 500,000 shares at an average price of $7.77 per share.


BASI(Bioanalytical Systems, Inc). Bioanalytical Systems, Inc. operates as a pharmaceutical development company, which engages in the provision of drug discovery, development services, and analytical instruments. The firm operates through the following business segments: Contract Research Services and Research Products. The Contract Research Services segment provides screening and pharmacological testing, preclinical safety testing, formulation development, regulatory compliance, and quality control testing. The Research Products segment designs, develops, manufactures, and markets vivo sampling systems and accessories, physiology monitoring tools, liquid chromatography, and electrochemistry instruments platforms


USAK(USA Truck, Inc.)- USA Truck, Inc. engages in the provision of transportation of general commodities. It operates through the Trucking, and USAT Logistics segments. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics, and rail intermodal services. The company was founded in 1983 and is headquartered in Van Buren, AR.


AVNW(Aviat Networks Inc)- 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 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!!!!

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