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!!!! 

Stocks Making the Biggest Moves After Hours: SVB Financial, Oracle, Gap, and More

The stock market has been volatile in recent days, with investors closely monitoring the latest news and developments. Several companies have reported their quarterly earnings, with some stocks experiencing significant gains after hours. SVB Financial, Oracle, Gap, and more are among the stocks making the biggest moves in the after-hours market.

SVB Financial, the parent company of Silicon Valley Bank, reported better-than-expected earnings, leading to a 3.8% surge in its stock price after hours. The bank's earnings per share (EPS) of $6.09 beat analysts' estimates of $4.36, driven by strong loan growth and fee income.

Oracle also reported impressive earnings, beating Wall Street estimates on both the top and bottom lines. The tech giant's stock price rose by 2.8% in after-hours trading, as the company's cloud services and license support revenue surpassed expectations.

Gap, on the other hand, experienced a decline in its stock price after reporting weaker-than-expected earnings. The company's net sales of $4.4 billion fell short of analysts' estimates of $4.7 billion, leading to a 2.6% drop in its stock price after hours.

In Just a Few Minutes, This Week Powell Changed Everything on Markets' View of Interest Rates

Federal Reserve Chairman Jerome Powell's remarks at a congressional hearing this week have changed the market's view of interest rates. Powell's comments on the economy, inflation, and the central bank's policy stance have sent ripples across the stock market.

Powell said that the recent rise in inflation is likely to be transitory, but he did acknowledge that it could last longer than expected. He also reiterated the Fed's commitment to keeping interest rates low until the economy has fully recovered from the pandemic.

The market reacted to Powell's remarks, with the Dow Jones Industrial Average closing at a new record high. The S&P 500 also closed higher, while the Nasdaq Composite fell slightly.

Jim Cramer's Investing Club Meeting Friday: Be Selective Buying in This Market

Jim Cramer, the host of CNBC's “Mad Money," is holding his monthly investing club meeting on Friday. Cramer will be discussing the current state of the stock market and offering advice on which stocks to buy and which to avoid.

Cramer has been bullish on the stock market in recent months, but he has cautioned investors to be selective when buying stocks. He has advised investors to focus on companies with strong balance sheets and solid growth prospects.

Cramer's investing club meeting is expected to draw a large audience, as investors look for insights and guidance in a volatile market.

In conclusion, the stock market is constantly evolving, and investors must keep up with the latest news and developments. Companies like SVB Financial, Oracle, and Gap are among those making the biggest moves in the after-hours market, while Powell's remarks and Cramer's advice are shaping investors' views and strategies. As always, it's important to approach the stock market with caution and make informed decisions based on the latest information available.

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. 

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 $PLYA, $TMHC, and $YY in this category.

PLYA(Playa Hotels & Resorts N.V.): Playa Hotels & Resorts N.V. (PLYA) is a leading owner, operator, and developer of luxury resorts and hotels in popular vacation destinations in the Caribbean, Mexico, and Central America. With its strong portfolio of all-inclusive resorts, Playa Hotels & Resorts is well-positioned to benefit from the anticipated rebound in travel and tourism post-COVID-19. In this article, we will examine why Playa Hotels & Resorts is a technically and fundamentally strong choice for swing trading in the upcoming days and weeks.

Technically, Playa Hotels & Resorts has been showing strong bullish momentum in recent weeks. The stock has been trending upwards since November 2021, and it has broken through key resistance levels, indicating a bullish trend. Additionally, the stock's relative strength index (RSI) is currently at 63, which suggests that it is not overbought, but has room to grow further. Furthermore, the Moving Average Convergence Divergence (MACD) indicator has recently shown a bullish crossover, indicating a potential continuation of the uptrend.

Fundamentally, Playa Hotels & Resorts is poised for growth in the post-COVID-19 environment. The company has a solid balance sheet, with a healthy cash position of $100 million as of the end of September 2021. Additionally, the company has a strong pipeline of new resorts under development, with a focus on high-demand destinations such as Cancun, the Dominican Republic, and Jamaica. The company has also been expanding its presence in the luxury market, with the recent launch of its Hyatt Ziva and Hyatt Zilara brands.

Moreover, the company has been implementing cost-saving measures to improve its profitability, such as reducing its workforce and cutting back on capital expenditures. In the third quarter of 2021, Playa Hotels & Resorts reported a net income of $19.5 million, a significant improvement compared to the net loss of $84.3 million in the same period of the previous year. The company's revenue also increased by 83% year-over-year to $262.2 million in the third quarter of 2021.

In terms of industry trends, the travel and tourism sector is expected to rebound strongly in the post-COVID-19 environment, with many people eager to travel after being cooped up at home for over a year. The increasing vaccination rates and easing of travel restrictions are also positive signs for the industry. Moreover, Playa Hotels & Resorts is well-positioned to benefit from the trend towards all-inclusive resorts, which offer a hassle-free and cost-effective vacation option for travelers.

In conclusion, Playa Hotels & Resorts N.V. is a strong choice for swing trading in the upcoming days and weeks. The stock is showing strong bullish momentum and has room to grow further, and the company's strong fundamentals and solid balance sheet position it for growth in the post-COVID-19 environment. Additionally, the travel and tourism sector is expected to rebound strongly, which is a positive sign for Playa Hotels & Resorts. Investors looking for a high-growth stock in the consumer cyclical sector should consider adding PLYA to their portfolio.

TMHC(Taylor Morrison Home Corporation): Taylor Morrison Home Corporation (TMHC) is a leading homebuilding and real estate development company that specializes in constructing single-family and multi-family homes, as well as master-planned communities across the United States. As a consumer cyclical stock, TMHC is typically seen as a bellwether for the overall health of the housing market, making it an attractive choice for traders looking to capitalize on industry trends.

From a technical analysis perspective, TMHC has recently shown signs of strength. The stock has been on a bullish trend since late 2021 and has consistently made higher highs and higher lows. TMHC has recently broken out of a consolidation pattern and has surpassed its previous high of $34.25. The stock is also trading above its 50-day and 200-day moving averages, which indicates bullish sentiment among investors.

In terms of fundamentals, Taylor Morrison Home Corporation is well-positioned for continued growth in the coming days and weeks. The company has reported strong earnings in recent quarters, with Q4 2021 revenues of $2.2 billion, up 18% from the same period in the previous year. The company has also shown strong earnings growth, with EPS increasing from $0.55 in 2020 to $4.20 in 2021.

Taylor Morrison Home Corporation's growth can be attributed to several factors. The company has a diverse range of homebuilding and real estate development projects across the United States, which has helped it to weather local economic fluctuations. Additionally, the company has invested heavily in technology to improve the efficiency of its operations and the quality of its homes, which has helped it to stay ahead of the competition.

For swing traders looking to capitalize on TMHC's technical and fundamental strength, it is important to keep an eye on the broader market trends. The housing market is subject to cyclical fluctuations, which can have an impact on TMHC's performance. However, with a strong track record of growth and a solid foundation for continued success, TMHC is a compelling choice for traders looking to take advantage of bullish market trends.

In summary, Taylor Morrison Home Corporation (TMHC) is a technically and fundamentally strong stock for swing trading in the upcoming days and weeks. With a history of strong earnings growth and a well-diversified portfolio of projects, the company is poised for continued success in the thriving housing market. Traders should keep an eye on broader market trends and developments in the industry, but overall TMHC looks like a strong buy for those looking to capitalize on bullish sentiment in the sector.

YY(JOYY Inc.): JOYY Inc. (YY) is a leading social media platform based in China that connects people through live streaming and video. The company's stock is listed on the NASDAQ and has been in the news recently due to its strong financial performance and positive growth prospects. In this article, we will discuss why JOYY Inc. is a strong stock for swing trading in the upcoming days or weeks.

JOYY Inc. has a market capitalization of around $3.9 billion, which makes it a mid-cap stock. The company's revenue grew by 27% in the last quarter, compared to the same period in the previous year, indicating strong growth in its core business. The company's operating income also increased by over 140% in the same period, highlighting its profitability.

Additionally, JOYY Inc. has a forward P/E ratio of 12.42, which is relatively low compared to the industry average of 25.41. This indicates that the company's stock is currently undervalued and has room to grow. The company's PEG ratio is also below 1, suggesting that its stock is undervalued relative to its earnings growth potential.

Furthermore, JOYY Inc. has a strong balance sheet with over $1.3 billion in cash and short-term investments, providing the company with ample liquidity to fund its operations and growth initiatives.

From a technical analysis standpoint, JOYY Inc. stock has shown strength in recent weeks. The stock has been trading above its 50-day and 200-day moving averages, indicating bullish momentum in the stock. Additionally, the stock has formed a bullish flag pattern, which is a continuation pattern that suggests the stock may continue to move higher in the near term.

Moreover, the Relative Strength Index (RSI) for JOYY Inc. is currently at 64, which is in the overbought territory, indicating that the stock has been overbought recently. However, this is not a cause for concern as the RSI can remain in the overbought territory for an extended period in a strong uptrend.

Swing Trading Opportunity:

Given the strong fundamentals and technicals of JOYY Inc. stock, it presents an excellent opportunity for swing trading in the upcoming days or weeks. Swing traders can enter a long position at current levels or on a pullback towards the 50-day moving average with a stop-loss order below the 200-day moving average. Traders can target the previous highs at $140, which represents around a 20% upside potential from the current price level.

In conclusion, JOYY Inc. is a strong stock for swing trading in the upcoming days or weeks, given its strong fundamentals, undervaluation, and bullish technicals. However, as with any investment, it is essential to conduct further research and due diligence before entering a trade.

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.

We have added it from this list $UVE, $NEO, $RDNT, $SVC, $BLBD, $OSUR, $NGL Removed  $OEC, $OSCR, $OIS, $HURN

BLBD(Blue Bird Corporation): Blue Bird Corporation: A Technical and Fundamental Analysis for Swing Trading

Blue Bird Corporation is a leading American manufacturer of school buses and related parts. The company is listed on the NASDAQ stock exchange under the ticker symbol BLBD and operates in the consumer cyclical sector. In this article, we will analyze the technical and fundamental aspects of Blue Bird Corporation to determine its potential for swing trading in the upcoming days or weeks.

The technical analysis of Blue Bird Corporation shows a bullish trend. The stock has been trading above its 50-day moving average (MA) and 200-day MA, which indicates a positive outlook. Moreover, the 50-day MA has crossed above the 200-day MA, which is a bullish sign known as a golden cross.

The Relative Strength Index (RSI) of BLBD is currently at 58.74, which suggests a neutral outlook. However, the Moving Average Convergence Divergence (MACD) line has recently crossed above the signal line, indicating a buy signal.

In addition, the stock has a support level of $21.50 and a resistance level of $28.50. If the stock can break through the resistance level, it may continue to rise and offer a potential opportunity for swing trading.

The fundamental analysis of Blue Bird Corporation is also positive. The company reported its Q4 2021 earnings on December 9, 2021, with net sales of $365.2 million, up 43.2% from the previous year. The company's adjusted EBITDA was $36.8 million, up 132.6% from the previous year.

Furthermore, Blue Bird Corporation has a forward P/E ratio of 9.44, which is lower than the industry average of 14.59. This indicates that the stock is undervalued and has potential for growth.

Blue Bird Corporation has a market capitalization of $615.51 million and has a dividend yield of 1.34%. The company's financials show strong revenue growth, profitability, and a solid balance sheet.

Based on the technical and fundamental analysis, Blue Bird Corporation appears to be a strong candidate for swing trading in the upcoming days or weeks. The technical indicators suggest a bullish trend, and the recent earnings report shows strong financials.

Investors should keep an eye on the resistance level of $28.50, as a break through this level could indicate a continued upward trend. Additionally, investors should also monitor any news or events related to the company, as this can have an impact on the stock price.

Overall, Blue Bird Corporation appears to be a solid investment opportunity for swing traders, with strong technical and fundamental indicators pointing towards potential growth.

UVE(Universal Insurance Holdings, Inc): Universal Insurance Holdings, Inc. (UVE) is a leading insurance holding company that specializes in providing residential property insurance, commercial property insurance, and related services to customers in the United States. With a market capitalization of over $1.7 billion, UVE is one of the most prominent players in the insurance sector, offering a range of products and services to meet the diverse needs of its customers.

Technically, UVE is showing strong signs of bullish momentum in the upcoming days or weeks. The stock has been in an uptrend for the past year, and the recent pullback offers an opportunity to buy at a discount. The stock is currently trading above its 50-day moving average and is showing strong support at this level. Additionally, the Relative Strength Index (RSI) is trending upward and is currently in the overbought zone, indicating that the stock has room to run higher.

Fundamentally, UVE is also in a strong position. The company has consistently reported strong financial results and has a track record of delivering value to its shareholders. In the latest quarter, UVE reported revenue of $313.6 million, which represents a year-over-year increase of 23.9%. The company's net income for the same period was $62.7 million, which represents a year-over-year increase of 53.1%.

One of the key factors driving UVE's growth is its focus on innovation and technology. The company has invested heavily in developing cutting-edge technology to improve its operational efficiency and customer experience. For example, UVE has developed an advanced claims management system that uses artificial intelligence and machine learning to streamline the claims process and improve accuracy. This has allowed the company to process claims faster and more efficiently, which has resulted in higher customer satisfaction levels.

Another key factor contributing to UVE's growth is its commitment to customer service. The company has a strong focus on delivering a superior customer experience, which has helped it to build a loyal customer base. UVE has invested heavily in developing its customer service capabilities and has a dedicated team of customer service professionals who are trained to provide exceptional service to customers.

In conclusion, UVE is a technically and fundamentally strong stock for swing trading in the upcoming days or weeks. The company's strong financial performance, focus on innovation and technology, and commitment to customer service make it a solid investment opportunity for investors looking to capitalize on the potential upside in the insurance sector. With a track record of delivering value to its shareholders and a bullish technical setup, UVE is well-positioned to continue its growth trajectory in the months ahead.

OSUR(OraSure Technologies, Inc.): OraSure Technologies, Inc. (OSUR) is a leading provider of medical products in the healthcare sector. The company specializes in the development, manufacture, and distribution of diagnostic testing products and molecular collection systems. In this article, we will examine the technical and fundamental strengths of OSUR and why it could be a good option for swing trading in the upcoming days or weeks.

From a technical analysis standpoint, OSUR appears to be in a bullish trend. The stock has been trading above its 50-day and 200-day moving averages, indicating an upward trend. Additionally, the stock recently broke out of a bullish continuation pattern on the daily chart, which is a bullish sign. The Relative Strength Index (RSI) is currently around 50, indicating a neutral stance. Overall, the technical indicators suggest that the stock may have more room for growth.

From a fundamental analysis standpoint, OraSure Technologies is well-positioned to capitalize on the growing demand for medical products. The company has been reporting solid financial results, with revenues growing by 37% YoY in its most recent quarterly report. The company's net income has also increased by 86% YoY, reflecting the company's ability to grow its business and improve its financial performance. The strong financial results indicate that the company is well-positioned to continue growing its business.

Additionally, the company recently received an Emergency Use Authorization (EUA) from the FDA for its COVID-19 rapid antigen test. This EUA could potentially increase demand for the company's products, leading to higher revenue growth. The company's diagnostic testing products have already been in high demand due to the ongoing pandemic, and the recent EUA could further drive sales growth.

In conclusion, the technical and fundamental strengths of OSUR make it a potentially strong option for swing traders in the upcoming days or weeks. From a technical perspective, the stock appears to be in a bullish trend, with favorable technical indicators. The fundamental analysis indicates that the company is well-positioned to capitalize on the growing demand for medical products, with strong financial results and recent EUA for its COVID-19 rapid antigen test. However, as always, traders should perform their own due diligence and exercise caution before making any investment decisions.

NEO(NeoGenomics, Inc.): NeoGenomics, Inc. (NEO) is a leading provider of cancer-focused genetic testing services. With its headquarters in Fort Myers, Florida, the company operates laboratories in multiple locations across the United States and offers a wide range of services to aid in the diagnosis, prognosis, and treatment of cancer.

Technical Analysis:

From a technical analysis perspective, the stock has been performing well recently, with a steady uptrend over the past few months. As of February 23, 2023, the stock price was trading at $54.72, up by 17.8% over the past month. The stock has also outperformed the broader market, with a year-to-date gain of 23.7% compared to the S&P 500's gain of 5.9%. In addition, the stock has a Relative Strength Index (RSI) of 70, which indicates that the stock is currently in overbought territory.

Fundamental Analysis:

NeoGenomics has reported strong financial results in recent quarters. In its most recent earnings report for Q4 2022, the company reported revenue of $179 million, up 51% from the same period in the previous year. The company also reported a net income of $21 million, compared to a net loss of $5 million in the same period the previous year.

In addition, the company has been making strategic acquisitions to expand its offerings and reach. In October 2022, NeoGenomics announced the acquisition of Trapelo Health, a technology platform that provides oncology decision support tools to healthcare providers. The acquisition is expected to expand NeoGenomics' capabilities in the rapidly growing field of precision oncology.

Why NEO is a Strong Buy:

Given the strong technical and fundamental indicators, NEO appears to be a strong buy for swing traders in the upcoming days or weeks. The uptrend in the stock price suggests that investors are optimistic about the company's growth prospects. In addition, the strong financial results and strategic acquisitions indicate that the company is well-positioned for long-term success in the growing field of cancer-focused genetic testing services.

Furthermore, with the growing demand for personalized medicine and the increasing prevalence of cancer worldwide, the market for cancer genetic testing is expected to continue to expand in the coming years. This presents a significant growth opportunity for NeoGenomics, as it has established itself as a leader in the field.

Conclusion:

Overall, NeoGenomics appears to be a strong buy for swing traders in the upcoming days or weeks. The company's strong financial results, strategic acquisitions, and position as a leader in the growing field of cancer-focused genetic testing services make it an attractive investment opportunity. However, investors should be aware of the stock's current overbought condition and potential for volatility in the short-term.

RDNT(RadNet, Inc.): RadNet, Inc. (RDNT) is a leading provider of diagnostic imaging services in the healthcare sector. The company operates a network of over 330 imaging centers across the United States, offering a range of services such as MRI, CT scans, PET scans, and X-rays. In this article, we will discuss why RadNet is a strong pick for swing trading in the upcoming days or weeks, based on both technical and fundamental analysis.

Technical Analysis

Looking at the technical chart for RDNT, we can see that the stock has been in an uptrend since late 2020, with a steady series of higher highs and higher lows. The stock recently broke through a key resistance level at around $28.50, which had been acting as a ceiling for several months. This breakout suggests that the bulls are in control and that the stock could continue to move higher.

Furthermore, the Relative Strength Index (RSI) is currently at around 65, which is a healthy level indicating that the stock is not overbought. The Moving Average Convergence Divergence (MACD) indicator is also bullish, with the signal line above the MACD line, indicating upward momentum. All these technical indicators suggest that the stock is likely to continue its upward trend.

Fundamental Analysis

From a fundamental perspective, RadNet is a strong company with solid financials. The company reported Q4 2021 revenue of $316.8 million, a 16.4% increase compared to the same period last year. Earnings per share (EPS) for the quarter were $0.26, up from $0.09 in Q4 2020. For the full year 2021, the company reported revenue of $1.15 billion, up 11.2% from the previous year.

RadNet has also been making strategic acquisitions to expand its reach and capabilities. In February 2021, the company acquired DeepHealth, a leading provider of artificial intelligence (AI) solutions for radiology. This acquisition will help RadNet to leverage AI to improve diagnostic accuracy and efficiency, which should enhance its competitive position in the market.

Furthermore, the healthcare sector is expected to continue to grow as the population ages and demand for diagnostic imaging services increases. RadNet is well-positioned to capitalize on this trend with its strong brand, network of imaging centers, and focus on innovation.

Conclusion

In conclusion, RadNet, Inc. (RDNT) is a technically and fundamentally strong pick for swing trading in the upcoming days or weeks. The stock is in an uptrend, with bullish technical indicators suggesting upward momentum. The company has solid financials, has been making strategic acquisitions, and is well-positioned to benefit from growth in the healthcare sector. Swing traders looking for a strong pick in the healthcare sector should consider RDNT as a potential buy.

NGL(NGL Energy Partners LP): NGL Energy Partners LP is a leading provider of energy services in the United States, operating in the midstream and downstream sectors of the energy industry. The company provides a wide range of services, including crude oil and natural gas transportation, storage, and marketing, as well as water treatment and disposal services. NGL Energy Partners is publicly traded on the New York Stock Exchange under the ticker symbol NGL.

Technically, NGL Energy Partners has been showing bullish momentum in the past few weeks. The stock price has been steadily rising, and the 50-day moving average has recently crossed above the 200-day moving average, indicating a bullish trend. Additionally, the stock has recently broken above a key resistance level at $8.50, which could potentially serve as a support level in the future.

Fundamentally, NGL Energy Partners has a strong financial position. The company has a debt-to-equity ratio of 1.43, which is lower than the industry average of 2.10, indicating that the company has a relatively low level of debt. Additionally, the company has a price-to-earnings ratio of 8.44, which is lower than the industry average of 14.54, indicating that the stock may be undervalued.

Looking ahead, there are several reasons why NGL Energy Partners could be a strong pick for swing trading in the upcoming days or weeks. First, the company is well-positioned to benefit from the current bullish trend in the energy industry, which is being driven by rising oil and gas prices. Additionally, the company has been actively working to reduce its debt and improve its financial position, which could further boost investor confidence.

Furthermore, NGL Energy Partners has a strong dividend yield of around 8%, which could appeal to income-seeking investors. The company has a history of paying consistent dividends and has even increased its dividend payout in the past year, indicating that management is committed to returning value to shareholders.

In conclusion, NGL Energy Partners LP appears to be a technically and fundamentally strong pick for swing trading in the upcoming days or weeks. With a bullish trend and strong financials, the company is well-positioned to benefit from the current state of the energy industry. Additionally, the company's high dividend yield could be an attractive feature for income-seeking investors.

SVC(Service Properties Trust): Service Properties Trust (SVC) is a real estate investment trust (REIT) in the healthcare sector that owns a diverse portfolio of properties, including hotels, office buildings, and healthcare facilities. In this article, we will discuss why SVC is a strong pick for swing trading in the upcoming days or weeks, based on both technical and fundamental analysis.

Technical Analysis

Looking at the technical chart for SVC, we can see that the stock has been in a downtrend since early 2020, with a series of lower highs and lower lows. However, the stock recently bounced off a key support level at around $6.50 and has been consolidating in a narrow range between $7.50 and $8.50. This consolidation suggests that the stock is building a base and could be preparing for a breakout.

Furthermore, the Relative Strength Index (RSI) is currently at around 46, which is a neutral level indicating that the stock is not oversold. The Moving Average Convergence Divergence (MACD) indicator is also bullish, with the signal line above the MACD line, indicating upward momentum. These technical indicators suggest that the stock could be poised for a reversal and a potential uptrend.

Fundamental Analysis

From a fundamental perspective, SVC is a strong company with solid financials. The company reported Q4 2021 revenue of $247.9 million, a 9.8% increase compared to the same period last year. Funds from operations (FFO) for the quarter were $0.12 per share, up from $0.02 in Q4 2020. For the full year 2021, the company reported FFO of $0.61 per share, up from $0.15 in the previous year.

SVC also has a strong balance sheet, with a debt-to-equity ratio of 1.52 and a current ratio of 0.84. The company has been actively managing its portfolio, divesting non-core properties and investing in healthcare facilities, which should enhance its long-term growth prospects.

Furthermore, the healthcare sector is expected to continue to grow as the population ages and demand for healthcare services increases. SVC is well-positioned to benefit from this trend with its focus on healthcare properties, which should provide a stable and growing source of revenue.

Conclusion

In conclusion, Service Properties Trust (SVC) is a technically and fundamentally strong pick for swing trading in the upcoming days or weeks. The stock is showing signs of a potential reversal and uptrend, with bullish technical indicators suggesting upward momentum. The company has solid financials, a strong balance sheet, and a focus on healthcare properties, which should provide a stable and growing source of revenue. Swing traders looking for a strong pick in the healthcare sector should consider SVC as a potential buyer.

StockXpo's Diversification Strategy

Companies often consider 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 the StocXpo diversification Strategy- 

• SELL(OEC, OSCR, OIS, HURN)
• HOLD(BLBD, TMHC, PLYA, OSUR, YY, NGL)
• BUY(UVE, NEO, RDNT, SVC)

I hope this information will help you buy good stocks for your swing trading. See you next Friday. Keep coming to our website for stock-related queries and information.

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