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Allstate stock has been on fire this year. It's becoming one of 2015's stocks to buy.
It's up more than 30% this year, trading around $71 at yesterday's close (Monday). This is up from its 2013 close of $54.54.
Money Morning Technical Trading Strategist D.R. Barton said Allstate Corp. (NYSE: ALL) is "one of the strongest stocks in one of the strongest sectors, which is financials."
He told listeners on WBBM's "Noon Business Hour" yesterday that he sees "a lot more upside for them."
"They've just been doing amazing things on running the business as well as growing the stock price," Barton said. "I see that continuing into the new year."
Barton said he's still impressed with Alibaba Group Holding Ltd. (NYSE: BABA), even after all the hype over its record IPO has subsided. He said there's "one simple reason" why BABA is still a "Buy" today...
Listen below to hear more on Allstate's impressive growth story and why Barton thinks Alibaba is a "long, long-term portfolio hold."
Thinking about buying Alibaba stock? This go-to indicator is lighting up Money Morning Technical Trading Specialist D.R. Barton's "Buy" screen. Despite all the hype and media coverage following Alibaba, and the big gains it's made since its IPO, Alibaba is still a bargain. Here's why it's not too late to jump in on the Alibaba craze...