Top stocks to buy in this unpredictable market for swing trading – Stock Picks of the week by StockXpo

Happy Friday to all Traders, Investors, Analysts!!!! This week was overall great for all traders and investors. Overall all of our strategies have performed well and on average it returned 15% or more except one or two stocks. COVID-19 infections are still increasing, but positive news about the vaccine has been helping overall as well.

At StockXpo – we provide a platform for Investors, Traders and Analysts to connect and collaborate. Sign-up today and get access to premium perks by becoming pioneer members. We will be launching our tools, alerts, portfolio and other services soon, which will be available to try out for our early bird sign-ups.

Please note that overall the market was very much on 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, 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 month 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.

1. SkyRocket Strategy

• TUP – Tupperware Brand
• IIVI – Ii-Vi Inc.
• CASH – Meta Financial Group

2. ValueGrowth Strategy

• SPB – Spectrum Brands Holdings Inc
• REZI – Resideo Tech
• BZH – Beazer Homes 

3. TechFund Strategy

• SMTX – Smtc Corporation
• RM – Regional Manage
• PRIM – Primoris Services Corp
• CCRN – Cross Country Healthcare, Inc
• REZI – Resideo Tech
• AVNW – Aviat Networks, 
• MOGO – Mogo Inc

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

$TUP(Tupperware Brand)–Tupperware Brands Corp. operates as a direct-to-consumer marketer of products across multiple brands and categories. It operates through the following geographical segments: Europe, Asia Pacific, North America and South America. product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand, and beauty and personal care products through the Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics and Nuvo brands. The company was founded on February 8, 1996 and is headquartered in Orlando, FL.

$IIVI(Ii-Vi Inc.)- II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following segments: Photonic Solutions and Compound Semiconductors. The Photonic Solutions segment manufactures crystal materials, optics, microchip lasers and optoelectronic modules for use in optical communication networks and other diverse consumer and commercial applications, pump lasers, optical isolators, and optical amplifiers and micro-optics for optical amplifiers, for both terrestrial and submarine applications within the optical communications market.

$CASH(Meta Financial Group)– Meta Financial Group, Inc. operates as a financial holding company, which provides savings and loan services. The company operates through the following business segments: Payments, Banking, and Corporate Services & Other. The Payments segment provides MPS, refund advantage, EPS, SCS, and other tax services. The Banking segment provides lending and retail bank services. The Corporate Services & Other segment provides investment portfolio, wholesale deposits and borrowings services. Meta Financial Group was founded on June 14, 1993 and is headquartered in Sioux Falls, SD.

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 $SPB. We have finally removed  $PLT. 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.

$SPB(Spectrum Br-Hld)– Spectrum Brands Holdings, Inc. engages in the manufacture and supply of residential locksets, residential builders hardware, plumbing, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn, garden and home pest control products, and personal insect repellents. It operates through the following segments: Hardware and Home Improvement (HHI); Home and Personal Care (HPC); Global Pet Care (GPC); Home and Garden (H&G). The HHI segment consists of hardware, security and plumbing business. The GPC segment focuses on the pet care business. 

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 $TUP, $COWN $GRBK, $SMTS and $LCUT from this strategy picks. We have added $SMTX, $PRIM, $CCRN, $REZI and $AVNW. We are continuing to hold on to $RM and $MOGO.

$RM(Regional Manage)– Regional Management Corp. engages in the provision of consumer financial services. Its products include small, large, and retail installment loans. It also offers optional payment and collateral protection insurance products. The company was founded by Richard A. Godley and C. Glynn Quattlebaum on March 25, 1987 and is headquartered in Greer, SC.

$COWN(Cowen Group Inc)–Cowen, Inc. is a financial services company, which provides alternative investment management, investment banking, research, and sales, and trading services. It operates through following the segments: Operating Company and Asset Company. The Operating Company segment consists of four divisions: the Cowen Investment Management division, the Investment Banking division, the Markets division and the Research division. The Asset Company segment consists of the company’s private investments, private real estate investments and other legacy investment strategies. The company was founded in 1918 and is headquartered in New York, NY.

$SMTX(Smtc Corporation)– SMTC Corp. engages in the provision of end-to-end electronics manufacture services. The firm operates through United States and Mexico geographical segments. It offers product design and engineering services, printed circuit board assembly, production, enclosure, cable assembly, precision metal fabrication, systems integration and comprehensive testing services, configuration to order, build to order, and direct order fulfilment. The company was founded in 1985 and is headquartered in Markham, Canada.

$PRIM (Primoris Services Corp) : a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through five segments: Power, Industrial, and Engineering, Pipeline and Underground, Utilities and Distribution, Transmission and Distribution, and Civil.

$CCRN (Cross Country Healthcare, Inc.) : is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for CCRN broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend.

$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.

$AVNW(Aviat Networks)- 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 unit. 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%.

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.

If you haven’t done so already, please subscribe to our newsletter so you can get the updates delivered to your mailbox. 

Happy Trading!!!!