Today’s Best Stocks to buy and hold for Swing Trading – Expert Stock Picks of The Week by StockXpo

Happy Friday to all Traders, Investors, Analysts!!!! This week we got some good news that various vaccines are on trial and saw that Moderna has invented one vaccine which is 94% effective and as cases of COVID are rising many big companies are extending the work from home timeline to their employees to continue fight against the spread. In this pandemic we recommend you to keep following your daily routine of washing your hands frequently and avoid touching mouth or nose in public area. Avoid gathering more than 10 people, but always, keep the mask on while you are out and now even meeting your friends and family.

If you are regular reader, you may be already aware, we recommend 10-12 stocks in 3 different categories here to fit different trading styles and strategies. 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 all useful information about stock investing. We hope that you love our articles and get all the details so keep coming to our site for more information.

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 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. 

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. $AVNW, $GRBK and $ARCB. Please note that – compared to last week, we have removed $TUP, $CASH , IIVI.

$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.

$ARCB – ArcBest Corp– ArcBest Corp. is a holding company which engages in the provision of freight transportation services and solutions. It operates through the following business segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The ArcBest segment refers to the operations of the company’s expedite, truckload, and truckload-dedicated businesses as well as its premium logistics services; international freight transportation with air, ocean, and ground service offerings. The FleetNet segment covers the operations of FleetNet America, Inc., and certain other subsidiaries that provide roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company was founded in 1966 and is headquartered in Fort Smith, AR.

$GRBK (Green Brick Partners)– Green Brick Partners, Inc. engages in residential land development and homebuilding. It operates through the Builder Operations and Land Development segments. The Builder Operations segment consists of the Builder operations Southeast and Builder operations Central segments. It offers customization options and builds energy-efficient homes located in the metropolitan areas of Dallas, Texas, and Atlanta, Georgia. The Land Development segment sells finished lots or option lots from third-party developers to their controlled builders for homebuilding operations and provides them with construction financing and strategic planning. The company was founded by James R. Brickman on April 11, 2006 and is headquartered in Plano, TX.

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 $REZI, $BZH and $HROW. We have finally removed $SPB. 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.

$REZI(Resideo Tech)– Resideo Technologies, Inc. engages in the provision of critical comfort, residential thermal solutions and security solutions primarily in residential environments. It operates through the following segments: Products & Solutions and ADI Global Distribution. The Products & Solutions Segment offers solutions in Comfort, Residential Thermal Solutions, and Security categories and include temperature and humidity control, thermal, water, and air solutions as well as security panels, sensors, peripherals, wire and cable, communications devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance tools, and related software.

Don’t miss: Best Stocks to buy today for Swing Trading – Expert Stock Picks of The Week By StockXpo

$BZH(Beazer Homes)– Beazer Homes USA, Inc. engages in the design and sale of single-family and multi-family homes. It operates through the following geographical segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment consists of Delaware, Indiana, Maryland, Tennessee, and Virginia. The Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. The company was founded in 1993 and is headquartered in Atlanta, GA.

$HROW – Harrow Health Inc – Harrow Health, Inc. engages in the development, production, and sale of innovative medications. It operates through the Pharmaceutical Compounding and Pharmaceutical Drug Development segments. The Pharmaceutical Compounding segment focuses on the operations of ImprimisRx business. The company was founded by Mark L. Baum and Robert J. Kammer in January 2006 and is headquartered in Nashville, TN.

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 $SMTX, $PRIM, $CCRN and $RM from this strategy picks. We have added $DCO, $AOSL, $HIMX, $ORGO and $RYAM. We are continuing to hold on to $AVNW and $MOGO.

$ORGO – Organogenesis Holdings Inc came out with a quarterly loss of $0.16 per share versus the Consensus Estimate of a loss of $0.12. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this regenerative medicine company would post a loss of $0.10 per share when it actually produced a loss of $0.04, delivering a surprise of 60%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Organogenesis, which belongs to the Medical – Drugs industry, posted revenues of $61.73 million for the quarter ended March 2020, surpassing the Consensus Estimate by 0.71%. This compares to year-ago revenues of $57.12 million. The company has topped consensus revenue estimates three times over the last four quarters.

$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.

$MOGO(Mogo Inc)–Mogo Inc- (MOGO) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 71.43%. A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.16, delivering a surprise of 33.33%.

$DCO – Ducommun Incorporated: Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.

$AOSL – Alpha and Omega Semiconductor Ltd : Alpha & Omega Semiconductor Ltd. designs, develops and supplies power semiconductor products. Its products include analog switches, insulated-gate bipolar transistors, metal-oxide-semiconductor field-effect transistors, power integrated circuits, and transient voltage suppressors. The firm operates through the following geographical segments: Hong Kong, China, South Korea, United States, and Other Countries. The company was founded by Mike F. Chang, Yueh-Se Ho, Anup Bhalla, and Sik Kwong Lui on September 27, 2000 and is headquartered in Sunnyvale, CA.

$HIMX – Himax Technologies, Inc.- Himax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The company’s products include display drivers, timing controllers, wafer level optics, video and display technology solutions, liquid crystal over silicon silicon, complementary metal-oxide semiconductor image sensor, and power integrated circuit. Its products are used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. Himax Technologies was founded by Biing Seng Wu and Jordan Wu on June 12, 2001 and is headquartered in Tainan, Taiwan.

$RYAM –  Rayonier Advanced Materials Inc- Rayonier Advanced Materials, Inc. engages in the production and sale of cellulose products, which is a natural polymer commonly used in the production of cell phone and computer screens, filters, and pharmaceuticals. It operates through the following segments: High Purity Cellulose, Forest Products, Paperboard, Pulp and Newsprint, and Corporate. The High Purity Cellulose segment manufactures and markets high purity cellulose, which is sold as either cellulose specialties or commodity products in U.S., Canda, and France. The Forest Products segment manufactures and markets construction-grade lumber in North America through seven sawmills located in Canada. The Paperboard segment comprises paperboard products. The Pulp and Newsprint segment involves the production of pulp and newsprint in Canada. The Corporate segment consists of senior management, accounting, information systems, human resources, treasury, tax, and legal administrative functions that provide support services to the operating business units. The company was founded in 1926 and is headquartered in Jacksonville, FL.

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!!!!