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

Hello Readers, Traders, Investors, Analysts and others!!!! This week the market has rallied and given another good upswing. If you are thinking about investmenting in stocks, then you can go forward and invest to get good returns and profits. On the other side, it’s a sad news that thousands of Trump supporters stormed the U.S. Capitol on Wednesday, prompting the House and Senate to abruptly take a recess as the U.S. Capitol Police locked down the building. D.C. Mayor Muriel Bowser ordered a citywide curfew from 6 p.m. on Wednesday until 6 a.m. on Thursday. Protesters had amassed in Washington, D.C., to reject the results of the Nov. 3 election, cheering as President Trump himself addressed the crowd and urged them to protest what he falsely claimed was a rigged election before marching to the Capitol and pushing past security barriers there. Business Leaders Condemn Mob Assault On U.S. Capitol; ‘This Is Sedition’.

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 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. $CVGI, $LAKE and $RLGY. Please note that – compared to last week, we have removed  $CMD and $AGCO.

CVGI(Commercial Vehicle Group)– Commercial Vehicle Group, Inc. engages in the supply of cab related products and systems for the global commercial vehicle markets, including medium-and heavy-duty truck market, medium and heavy-construction vehicle market, military, bus and agriculture, specialty transportation, and recreational. It operates through Electrical Systems and Global Seating Segment. The Electrical Systems Segment includes electrical wire harnesses and panel assemblies, trim systems and components (“Trim"), cab structures and sleeper boxes, mirrors, wipers and controls.The Global Seating Segment includes seats and seating systems (“Seats"), office seating, and aftermarket seats and components. The company was founded in 2000 and is headquartered in New Albany, OH.

LAKE(Lakeland Industries):- Lakeland Industries, Inc. engages in the manufacture and sale of safety garments and accessories for the industrial and public protective clothing market. Its products include disposable protective clothing, chemical protective clothing, woven protective clothing, fire protective gear, heat protective clothing, reflective protective clothing, hand and arm protection, arc or fire retardant rated rainwear, and fire retardant protective clothing. For LAKE, shares are up 9.22% over the past week while the Security and Safety Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.14% compares favorably with the industry’s 4.53% performance as well.While any stock can see its price increase, it takes a real winner to consistently beat the market.

RLGY(Realogy Holdings)- Realogy Holdings Corp. engages in the provision of residential real estate services, which focuses on empowering independent sales agents. It operates through the following segments: Realogy Franchise Group, Realogy Brokerage Group, Realogy Title Group and Realogy Leads Group. The Realogy Franchise Group segment is the franchisor of residential real estate brokerages through a portfolio of well-known brokerage brands, including Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby’s International Realty and Better Homes and Gardens Real Estate. The Realogy Brokerage Group segment owns and operates residential real estate brokerage business in the U.S. primarily under the Coldwell Banker Corcoran and Sotheby’s International Realty brand names.The Consensus Estimate for its current year earnings rising 46.9% over the last 60 days.

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 $ACCO, $AIR and $PERI. We have finally removed $CMD and $REI. 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.

ACCO(ACCO Brands Corporation)- ACCO Brands Corp. engages in the manufacture and marketing of office, school, calendar products, and select computer and electronic accessories. It operates through the following segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The ACCO Brands North America segment includes the U.S. and Canada operations, wherein it manufactures, sources, and sells traditional office products, school supplies, and calendar products.On this front, ACCO Brands has a trailing twelve months PE ratio of 9.85.This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 27.56. If we focus on the long-term PE trend, ACCO Brands’ current PE level puts it below its midpoint over the past five years.

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

PERI(Perion Network):-  Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions: Undertone, which connects brands to consumers using engaging creatives; Code Fuel, which enables developers to optimize search traffic and generate incremental revenue; MakeMeReach, an automated social management platform that help ad performance across Facebook, Twitter, Instagram, and Snapchat; and Smilebox, a desktop and mobile applications. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered in Holon, Israel.

Perion is a Rank #3 (Hold) in the Internet – Content industry that ranks in the Bottom 35% of our Industry Rank. Over the last 30 days, two analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Consensus Estimate for the current quarter from 12 cents per share to 19 cents in that period.

AIR-AAR Corp(Aviation Company)– AAR Corp. engages in the provision of products and services to commercial aviation and government and defense industries. It operates through the following segments: Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by commercial and government/defense customers. The Expeditionary Services segment involves in delivery of airlift services; and design and manufacture of pallets, shelters, and containers used to support the military’s requirements for a mobile and agile force. The company was founded by Ira A. Eichner in 1951 and is headquartered in Wood Dale, IL.

This company that provides various products and services to the aviation and defense industries worldwide has seen the Consensus Estimate for its next year earnings increasing 9% over the last 60 days.

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 $EMKR, $CLDR, $USIO, $MTSI ,$CMD and $LQDT from this strategy picks. We have added $NSPR, $ORGO, $WOR, $SAH, $SONM and $HROW. We are continuing to hold on to  $LAKE.

NSPR(InspireMD Inc)- InspireMD, Inc. is a medical device company, which engages in the development and commercialization of the stent platform technology for the treatment of complex vascular and coronary disease. Its products are marketed for use mainly in patients with acute coronary syndromes, notably acute myocardial infarction and saphenous vein graft coronary interventions. The company was founded in 2005 and is headquartered in Tel Aviv, Israel.It belongs to a favorable industry (placed at the top 38% of 250+ industries). The stock carries a Rank #2.InspireMD from twin analysts is for revenues of US$5.90m in 2021 which, if met, would be a sizable 77% increase on its sales over the past 12 months. Per-share statutory losses are expected to explode, reaching US$0.18 per share. In the lead-up to this report, the analysts had been modelling revenues of US$5.80m and earnings per share (EPS) of US$507,501 in 2021.

ORGO(Organogenesis Holdings Inc)- 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 consensus EPS estimate for the quarter has been revised 3.33% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.Organogenesis Holdings hasn’t issued any earnings guidance for the time being.The upcoming fiscal year’s revenue expected to be between $311,000,000 and $314,000,000.

WOR(Worthington Industries, Inc)- Worthington Industries, Inc. engages in processing of value-added steel and manufacturing of metal products. It operates through the following segments: Steel Processing and Pressure Cylinders. The Steel Processing segment consists of Worthington Steel business unit which operates eight manufacturing facilities and three consolidated joint ventures. The Pressure Cylinders segment includes the Worthington Cylinders business unit, which operates 19 manufacturing facilities. The company was founded by John H. McConnell in 1955 and is headquartered in Columbus,OH. It is trading at $49.80, after a 1.64% decrease. Over the past month, the stock fell by 3.07%, but over the past year, it actually went up by 16.60%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company’s price-to-earnings ratio.

LAKE(Lakeland Industries):- Lakeland Industries, Inc. engages in the manufacture and sale of safety garments and accessories for the industrial and public protective clothing market. Its products include disposable protective clothing, chemical protective clothing, woven protective clothing, fire protective gear, heat protective clothing, reflective protective clothing, hand and arm protection, arc or fire retardant rated rainwear, and fire retardant protective clothing. 

For LAKE, shares are up 9.22% over the past week while the Security and Safety Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.14% compares favorably with the industry’s 4.53% performance as well.While any stock can see its price increase, it takes a real winner to consistently beat the market. 

SAH(Sonic Automotive):- Sonic Automotive, Inc. operates as an automotive retailer. Its services include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, warranty, paint and repair services and arrangement of extended service contracts, financing, insurance, vehicle protection products and other aftermarket products for automotive customers. The company operates through the following segments: Franchised Dealerships and EchoPark. The Franchised Dealerships segment provides comprehensive services, which include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services. The EchoPark segment sales used cars and light trucks. Sonic Automotive was founded by Ollen Bruton Smith and Bryan Scott Smith in January 1997 and is headquartered in Charlotte, NC.

SONM(Sonim Technologies Inc)- Sonim Technologies, Inc. engages in the design and manufacture of mission-critical smart phone-based solutions for workers in extreme, hazardous, and isolated environments. Its products include ultra-rugged mobile phones, business process applications, and a suite of industrial-grade accessories. The company was founded by Ram Chandran, Isaac Eteminan, Anush Gopalan, Jai Kumar, Sudu Srinivasan, and Joakim Wiklund on August 5, 1999 and is headquartered in Austin, TX.Over the last year, we can see that the biggest insider purchase was by insider Bryant Riley for US$440k worth of shares, at about US$0.75 per share. That means that an insider was happy to buy shares at above the current price of US$0.63. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. To us, it’s very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

HROW(Harrow Health Inc.)- This healthcare services company owns a portfolio of healthcare businesses, including ImprimisRx, a leading ophthalmology outsourcing facility and pharmaceutical compounding business. The company also holds large equity positions in Eton Pharmaceuticals, Surface Ophthalmics, and Melt Pharmaceuticals.

The company holds a Buy Ranking with Top Analyst , at present. The Consensus Estimate for 2021 earnings indicates year-over-year growth of 283.33%. The Consensus Estimate for sales indicates year-over-year growth of 27.8%.

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!!!!