Shah Gilani picks out fintech and retail stocks you need to sell.
Sell These Fintech and Retail Stocks for Holiday Cash
This has huge implications for two of the companies I’ll tell you about here in a moment...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW - • Print | Email
Shah Gilani picks out fintech and retail stocks you need to sell.
This has huge implications for two of the companies I’ll tell you about here in a moment...
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
Retail stocks saw some of their biggest 2019 losses in just the last couple of months.
But our top retail stock is on the brink of a huge catalyst. Growth in the retail sector slowed year over year this past August.
Sales increased by only 0.6%, compared to the 4.1% year-over-year increase the same time last year.
Some will chalk this downtrend to increased competition from digital retailers like Amazon.com Inc. (NASDAQ: AMZN).
And there might be some evidence to support that brick-and-mortar is in danger.
But our best retail stock pick puts that to bed.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Predicting which retail stock will bounce back tricky in today's environment. But we have a secret weapon that tells us when a stock is about break out in the coming months.
It's called the Money Morning Stock VQScore™ system. This proprietary algorithm tracks 1,500 of the most profitable companies in the world and assigns them a score from 1 to 4.9.
The score is derived from a deep dive into the company's EPS and demand for the underlying stock.
Any stock that scores 4 or higher means EPS is accelerating and demand for its underlying shares is increasing.
This means it's a "Strong Buy" and is likely to break out in the months ahead.
By Money Morning Staff Reports, Money Morning - • Print | Email
One of the world’s best retail and technology giants just moved into the “Strong Buy Zone” with a score higher than 4.
The stock is not only a bargain right now, it’s on the verge of ripping higher in the months ahead.