Each week we bring you five stocks that are on our radar
In the fast-paced world of investing, staying ahead requires good ideas and timely decisions. This article highlights five stocks worth watching each week for their robust performance, market trends, and growth potential. Discover the stocks that could enhance your portfolio and navigate market fluctuations with confidence.
“Old School” is New School with technology when it comes to IBM (IBM).
The AI Service company continues to trade in a strong bullish trend as the rest of the AI technology sector has become restless, that’s because the company has been underestimated.
IBM’s strong history of being a service provider in the technology industry has now been upgraded to the AI Services world, and things are working well for IBM.
The company beat their earnings and revenue estimates a little more than a week ago, but nobody would have known it because investors are so focused on the Magnificent Seven. That’s the kind of growth company you want, the underestimated winner.
You’re going to start noticing a lot of bullish buying in the Real Estate sector as investors and professional portfolio managers start paying more attention to this potential “value” investment.
What was once a sector that was facing decimation from billions of dollars of debt coming due has become a potential opportunity with interest rates almost guaranteed to move lower in September.
Boston Properties (BXP) announced better-than-expected earnings last week along with an upgrade to their earning outlook.
The stock just moved into a long-term bullish trend last month as the stock crossed back above its 20-month moving average.
Alignment Healthcare (ALHC) is a California company that provides healthcare technology products focused on senior care through their Medicare Advantage plans.
The Russell 2000 company shows a market capitalization of just over $1 billion, putting it right in the middle of the small cap universe by their market cap (literally number 934 out of 2,000 companies).
Alignment Healthcare handily beat earnings estimates last week, showing year-over-year revenue growth of nearly 50%. That performance puts it near the top of its peer companies in the sector.
The stock just completed a healthy pullback from the $10 price and is preparing for its next rally to a target of $12.
Two things are driving the performance of Altria (MO) shares, the economy and its yield.
Altria, like many other consumer staple companies, is starting to attract investors for its “safe harbor” qualities. Historically, shares of Altria, Proctor & Gamble and other “necessary” stocks show strong performance as the economy slows.
From a yield perspective, Altria’s 7.9% dividend yield is an attractive growth/income alternative as investors look for alternatives to high yielding money market and savings accounts before the Fed starts dropping rates.
Added to the yield is the fact that MO shares are trading 32% higher for the year while they break to new all-time highs and Altria is a fine income portfolio candidate.
122 S&P 500 companies are now officially trading in a long-term bear market trend. Among them is one of the market’s travel/technology favorites, Airbnb (ABNB).
The travel industry has gone from darling to dog as investors are finally growing concerned about the real strength of the American consumer. From airlines to hotels including travel giant Booking Holdings (BKNG), the last month has developed a stark reversal.
Airbnb shares have been under pressure since early March and the stock just crossed into a long-term bear market trend last week with its move below $135. The company is set to report their quarterly earnings report on Tuesday, after the close, and the stock is beyond a “must win” situation for that report.
For more details on the bearish outlook along with a trade idea that would benefit from its $100 price target, click here.
