Top Stocks to buy Now for Swing Trading – Stock Picks of the Week by StockXpo

Happy Friday, Traders, Investors, Analysts!!!! This week was full of surprises and drama for US Stock Market. We haven’t received the results of Election 2020 and other hand market has rebounded from last couple of week’s fall.

Here we are again with our this week’s recommendation for our 3 different strategies to fit your trading style to choose from or you can use all of them to diversify and ease some risk. 

Buying stock is easy but picking the best one to trade is hard. In today’s scenario buying stocks can be a risk taking & require a high level of intelligence and patience. So without taking much time let’s discuss today’s best stocks to buy for swing trading and as per our strategy hold them for a week.

Now let’s take a look at this week’s Stock Picks now. 

1) SkyRocket Strategy – Crown Holdings Inc(CCK), Green Brick Ptr(GRBK), Bunge Ltd(BG)

2) ValueGrowth Strategy – Natus Medical(NTUS), Perion Network(PERI), Bunge Ltd(BG)

3) TechFund Strategy – Flex Ltd.(FLEX),AllianceBernstein Holding L.P.(AB), Federated Herme(FHI), AmpcoPittsburgh Corp(AP), Delta Apparel(DLA), Usa Truck Inc.(USAK), Ameresco Inc-A(AMRC)

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. $CCK. Please note that – compared to last week, we have removed $AGCO, $HRI and added $GRBK, $BG.

Crown Holdings Inc(CCK)- Crown Holdings (CCK – Free Report) came out with quarterly earnings of $1.96 per share, This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.50%. A quarter ago, it was expected that this packaging company would post earnings of $1.31 per share when it actually produced earnings of $1.33, delivering a surprise of 1.53%.

Green Brick Ptr(GRBK)– 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.

Bunge Ltd(BG)– Bunge Ltd. operates as a holding company, which engages in the supply and transportation of agricultural commodities. It operates through the following segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy and Fertilizer. The Agribusiness segment involves in the purchase, storage, transportation, processing, and sale of agricultural commodities and commodity products. The Edible Oil Products segment includes production and sale of vegetable oils, shortenings, margarines, and mayonnaise. The Milling Products segment consists of production and sale of wheat flours, bakery mixes, corn-based products, and rice.

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 $NTUS, $PERI and $BG. We have finally removed $CBNK, $PERI and $ULH. 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.

Natus Medical ($NTUS)– Natus Medical, Inc. provides medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages. Its products are used for the screening, diagnosis, detection, treatment, monitoring and tracking of common medical ailments in newborn care, hearing impairment, neurological dysfunction, sleep disorders, neuromuscular diseases and balance and mobility disorders. The company was founded by Maurizio Liverani, John Robert Camber Porter, William New, Jr., Brian Prinn and William W. Moore on May 26, 1987 and is headquartered in Pleasanton, CA.

Perion Network (PERI) – 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.

Bunge Ltd(BG)– Bunge Ltd. operates as a holding company, which engages in the supply and transportation of agricultural commodities. It operates through the following segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy and Fertilizer. The Agribusiness segment involves in the purchase, storage, transportation, processing, and sale of agricultural commodities and commodity products. The Edible Oil Products segment includes production and sale of vegetable oils, shortenings, margarines, and mayonnaise.

The Milling Products segment consists of production and sale of wheat flours, bakery mixes, corn-based products, and rice. The Sugar and Bioenergy segment comprises manufacture and marketing of sugar and ethanol derived from sugarcane, as well as energy derived from the sugar and ethanol production process. The Fertilizer segment focuses on producing, blending, and distributing fertilizer products for the agricultural industry. The company was founded by Johann Peter Gottlieb Bunge in 1818 and is headquartered in White Plains, NY.

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 $KSHB, $DLA, $MAT, and $ESEA from this strategy picks. We have added $FLEX, $FHI and $USAK. We are continuing to hold on to $AB, $AP, $DLA and $AMRC.

Flex Ltd.(FLEX)– Flex Ltd. engages in provision of real-time supply chain insight and logistics services to companies. It operates through the following segments: Communications and Enterprise Compute (CEC), Consumer Technologies Group (CTG), Industrial and Emerging Industries (IEI), High Reliability Solutions (HRS), and Corporate and Others. The Communications and Enterprise Compute segment includes telecom business of radio access base stations, remote radio heads, and small cells for wireless infrastructure; networking business; server and storage platforms for both enterprise and cloud-based deployments; next generation storage and security appliance products; and rack level solutions, converged infrastructure, and software-defined product solutions. 

AllianceBernstein Holding L.P.(AB)– AllianceBernstein Holding LP engages in the provision of research, diversified investment management and related services. It offers investment trusts, mutual funds, hedge funds and other investment vehicles. The company was founded in October 2000 and is headquartered in New York, NY.

Federated Herme(FHI)– Federated Hermes, Inc. engages in the provision of investment management products and related financial services. It sponsors, markets and provides investment-related services to sponsored investment companies, Federated Funds, and Separate Accounts which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. The company was founded by John F. Donahue and Richard B. Fisher in October 1955 and is headquartered in Pittsburgh, PA.

AmpcoPittsburgh Corp(AP)– Ampco-Pittsburgh Corp. engages in the manufacture and sale of custom designed engineering products. It operates through Forged and Cast Engineered Products, and Air and Liquid Processing business segments. The Forged and Cast Engineered Products segment produces forged hardened steel rolls used in cold rolling by producers of steel, aluminum, and other metals throughout the world. The Air and Liquid Processing segment oggers finned tube and plate finned heat exchanger coils for the commercial and industrial construction, process, and utility industries. The company was founded in 1929 and is headquartered in Carnegie, PA.

Delta Apparel(DLA)- Delta Apparel, Inc. engages in the design, merchandise, sales, and marketing of lifestyle branded activewear apparel and headwear. It operates through the following segments: Branded and Basics. The Branded segment specializes in apparel garments and headwear in different brands, including Salt Life, Junkfood, and Soffe. The Basics segment focuses on the distribution of garment styles, such as Delta Activewear, Art Gun, Delta Pro Weight, and Delta Magnum Weight. The company was founded in 1999 and is headquartered in Greenville, SC.

Usa Truck Inc.(USAK)– USA Truck, Inc. engages in the provision of transportation of general commodities. It operates through the Trucking, and USAT Logistics segments. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics, and rail intermodal services. The company was founded in 1983 and is headquartered in Van Buren, AR.

Ameresco Inc-A(AMRC)-Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure; and renewable energy solutions and services.

I hope all this information is helping you to buy good stocks for your stock portfolio. See you next Friday. Keep coming to our website for stock related query and information. Please share and comment below.