Hot Stocks to buy for Swing Trading for this week – Expert Stock Picks of the Week by StockXpo

Hello to all our readers including Traders, Investors, Analysts, and others!!!!

In one way this year so far looks very like last year: the benchmark 10-year Treasury yield has risen by almost exactly the same amount, a little over 0.2 percentage points. In most ways, though, it looks completely different: rather than rewarding rampant speculation, the stock market has been punishing those who bet on fashionable stocks. FedEx appears to have jumped ahead of many competitors to capture increased market share. The U.S. integrated freight and logistics company has added six intercontinental routes in recent months, serving more than 225 flights operating weekly back and forth from the Asia-Pacific region to the U.S. and European markets. The S&P 500 slipped 0.8%, while the Nasdaq Composite fell about 1.5%. The Dow Jones Industrial Average was down 8 points after rising more than 200 points earlier in the day.

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 & 4. Diversification, 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 this week’s recommendations. Please note that overall the market was very much on the upside, 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 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 of 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 breakthrough their 8 weeks high and even the 52 weeks 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 $WNC, $TWI and $ANDE

Please note that – compared to last week, we have added some more stocks.

Stock Symbol Company Name Action
VRS Verso Corporation Sell
PLAB Photronics Inc Sell
TWI Titan International, Inc. Hold
WNC Wabash National Corporation Buy
ANDE The Andersons, Inc. Buy

 

TWI(Titan International, Inc.): Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.


WNC(Wabash National Corporation): Wabash National Corp. engages in the design, manufacture and market of semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. It operates through the following segments: Commercial Trailer Products, Diversified Products, and Final Mile Products. The Commercial Trailer Products segment manufactures van and platform trailers and other transportation related equipment to customers who purchase directly from the Company or through independent dealers. The Diversified Products segment comprises of four strategic business units including, Tank Trailer, Aviation and Truck Equipment, Process Systems, and Composites.


ANDE(The Andersons, Inc.): The Andersons, Inc. is an agricultural rooted diversified company, which engages in railcar leasing and repair, turf products production, and consumer retailing. It operates through the following business segments: Trade, Ethanol, Plant Nutrient, and Rail. The Trade segment specializes in the movement of physical commodities such as whole grains, grains products, feed ingredients, frac sand, domestic fuel products, and other agricultural commodities.




StockXpo’s – ValueGrowth Strategy

As you know, this is more like Buffett’s Value Strategy, but our stock-picking criterion is 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. So our picks are  $CAL , $RWT  and $QDEL  in this category.

Stock Symbol Company Name Action
BIOC Biocept Inc Sell
YARIY Yara International ASA Sell
QDEL Quidel Corporation Hold
CAL Caleres, Inc. Buy
RWT Redwood Trust, Inc. Buy

CAL(Caleres, Inc.): Caleres, Inc. engages in the retail and wholesale of footwear. It operates through the following segments: Famous Footwear, Brand Portfolio, and Other. The Famous Footwear segment provides brand-name athletic, casual, and dress shoes for the entire family. The Brand Portfolio segment offers retailers and consumers a portfolio of brands by designing, developing, sourcing, manufacturing, and marketing branded footwear for women and men.


RWT(Redwood Trust, Inc.): Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans.


QDEL(Quidel Corporation)- Quidel Corp. engages in the development, manufacture and market of rapid diagnostic testing solutions. Its portfolio includes rapid immunoassays, cardiac immunoassays, specialized diagnostic solutions and molecular diagnostic solutions. The firm products are directly sold to end users and distributors and for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, urgent care clinics, universities, retail clinics, pharmacies and wellness screening centers. The company was founded in 1979 and is headquartered in San Diego, CA.




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 added it from this list $TWI, $NXRT, $BRDG, $TCS, $ITRN, $CTO, $AMN removed  $ARLO, $TH, $ASRT, $CERN

Stock Symbol Company Name Action
ARLO Arlo Technologies, Inc. Sell
TH Target Hospitality Corp Sell
ASRT Assertio Holdings Inc Sell
CERN Cerner Corporation Sell
TWI Titan International, Inc. Hold
NXRT NexPoint Residential Trust, Inc. Hold
BRDG Bridge Investment Group Holdings Inc. Hold
TCS The Container Store Group, Inc. Buy
ITRN Ituran Location and Control Ltd. Buy
CTO CTO Realty Growth, Inc. Buy
AMN AMN Healthcare Services, Inc. Buy

 

TCS(The Container Store Group): The Container Store Group, Inc. is a holding company, which engages in the retail of storage and organization products and solutions. It operates through The Container Store and Elfa segments. The Container Store segment consists of retail stores, website and call center, as well as installation and organizational services business. The Elfa segment involves in the design and manufacture of component-based shelving and drawer systems and made-to-measure sliding doors. The company was founded in 1978 and is headquartered in Coppell, TX.


ITRN(Ituran Location and Control Ltd.): Ituran Location & Control Ltd. engages in the provision of stolen vehicle recovery, fleet management, and tracking services. It operates through the following segments: Telematics Services and Telematics Products. The Telematics Services segment consists predominantly of regionally- based stolen vehicle recovery services, fleet management services and value-added services comprised of personal advanced locater services and concierge services.


TWI(Titan International, Inc. ): Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels and tires for various types of off the road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment manufactures truck tires in Latin America and light truck tires in Russia; and also offers select products for turf and golf cart applications. The company was founded by John A. Stillwell in 1890 and is headquartered in Quincy, IL.


CTO(CTO Realty Growth, Inc.): CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Daytona Beach, FL.


NXRT(NexPoint Residential Trust Inc): NexPoint Residential Trust, Inc. engages in the acquisition, management, and disposition of multifamily assets. It also focuses on providing lifestyle amenities and upgraded living spaces to low and moderate income renters in the Southeastern United States and Texas. The company was founded on September 19, 2014 and is headquartered in Dallas, TX.


AMN(AMN Healthcare Services, Inc.): AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The firm operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment includes travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions businesses. The Physician and Leadership Solutions segment offers locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement businesses.


BRDG(Bridge Investment Group Holdings Inc): Bridge Investment Group is a vertically integrated real estate investment manager, diversified across specialized asset classes. BRDG combines an operating platform with investment professionals focused on real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies and agency mortgage backed securities.The stock price of Bridge Investment Group has surged 25% in the past four weeks. BRDG has an expected earnings growth rate of 18.9% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.1% over the past 60 days.


 

StockXpo’s Diversification Strategy

Companies often think about diversification when they reach a certain point in their development. Igor Ansoff identified diversification as one of the four main growth strategies in 1957, and it allows companies to look at other markets or new products to expand their reach and revenue.

Diversification aims to smooth out unsystematic risk occurrences in a portfolio by ensuring that the positive performance of some investments balances out the negative performance of others. Only if the securities in the portfolio are not completely correlated—that is, if they react to market factors differently, frequently in opposing ways—does diversification pay off.

If you are following all strategies and watchlist – here is the recommendation for stockxpo diversification Strategy- 

  • SELL(VRS, ARLO, PLAB,  BIOC, YARIY, TH, ASRT, CERN) 
  • HOLD(TWI, QDEL, NXRT, BRDG)
  • BUY(WNC, TCS, ITRN, RWT, CAL, CTO, ANDE, AMN)

Stock Symbol Company Name Action
VRS Verso Corporation Sell
ARLO Arlo Technologies, Inc. Sell
PLAB Photronics Inc Sell
BIOC Biocept Inc Sell
YARIY Yara International ASA Sell
TH Target Hospitality Corp Sell
ASRT Assertio Holdings Inc Sell
CERN Cerner Corporation Sell
TWI Titan International, Inc. Hold
QDEL Quidel Corporation Hold
NXRT NexPoint Residential Trust, Inc. Hold
BRDG Bridge Investment Group Holdings Inc. Hold
WNC Wabash National Corporation Buy
TCS The Container Store Group, Inc. Buy
ITRN Ituran Location and Control Ltd. Buy
RWT Redwood Trust, Inc. Buy
CAL Caleres, Inc. Buy
CTO CTO Realty Growth, Inc. Buy
ANDE The Andersons, Inc. Buy
AMN AMN Healthcare Services, Inc. Buy

 

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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