The Relative Strength Index (RSI) indicator is one of the most popular and basic indicators out there. Most traders know about the RSI. However, does it really work? Spoiler: it can be profitable, but it’s probably not the best indicator out there.
Hey everyone,
We’ve been having trouble with sending emails this week for our bullish ratings, so here are a bunch of our recent buy ratings in one email, which are free to read. Besides the buy ratings, you should check out our JPM article from last week titled “Using JPMorgan's Earnings Call For Recession Clues” where we break down the biggest bank’s earnings to determine if a recession is coming soon or not. Hey everyone, here’s our newest buy rating.
T. Rowe Price Group is an investment management company that provides funds, advisory services, and account management services. With the stock well off its highs and near its lows, we believe the stock is incredibly undervalued. Hey everyone,
Ever wonder if you should buy Alphabet (GOOG) or Microsoft (MSFT) or both? Our newest article should help clear things up. Lots of info in this one, you don’t want to miss it.
As many may know, Best Buy (ticker: BBY) is a consumer electronics company that sells consumer tech products and services in North America. We are bullish on the stock.
BBY may seem like a boring business, and it is, to be honest. But, that doesn’t mean you can’t make money off of it. From one of its low points in 2013, BBY stock has returned close to 1,000% compared to about 250% for the S&P 500, as you can see below. Who doesn’t like good sleep? Tempur Sealy International (TPX) provides consumers with this possibility by developing, manufacturing, marketing, and distributing bedding products.
Its products include mattresses, adjustable bases, pillows, and other products, and includes brands such as Tempur, Tempur-Pedic, and Sealy. Due to its strong line of products and cheap valuation, we are bullish on the stock. Today, we published two articles. One was this Alphabet (GOOG) article on TipRanks, which we rated as bullish.
The second was an article published on Seeking Alpha on the cybersecurity company Fortinet (link here). We think both GOOG and FTNT are top dogs in their respective sectors. We currently believe that GOOG stock is worth over $4,100 a share, which we explain in our article; analysts rate it at nearly $3,500 a share. The stock is currently under $2,600. We think FTNT stock is worth around $306, based on our calculations. It is currently trading around $282. Meanwhile, analysts think it is worth $354.13, see below. PayPal is one of the most widely-known fintech companies out there. It has taken a massive tumble recently from its highs of $310 and is now under $100.
With its valuation looking much more attractive now, we are bullish on the stock for the long term (the short term may see more downside because it’s still in a downtrend). In fact, analysts project that PYPL stock can almost double from here. Meta Platforms (FB), formerly known as Facebook, is a dominant social media company. There is a lot of unfavorable sentiment surrounding the company at the moment.
Despite the negativity, we are bullish on FB stock. Meta even has a hidden growth catalyst that comes as a result of its recent less-than-impressive earnings results. Yes, its weak earnings report is actually a positive (at least some of it is). Hi everyone, we’ve been very selective with our Buy ratings in this market pullback and had only put out one Buy in the past few months on Gambling.com (GAMB) stock (you can check that out here).
But now, we’re doing two Buy ratings at once. We believe both Foot Locker and InMode are attractive stocks currently due to their relatively low valuations. Many growth-stock investors are interested in Lightspeed (LSPD) stock, a popular SaaS company. This is probably because of its high revenue growth rates, with its revenue increasing more than 10x since March 2017. Throw in the fact that the stock is more than 75% off its highs and is at pre-pandemic prices, there’s no wonder why so many people find this stock highly interesting.
The last few weeks have been volatile for the markets. Now that we’re entering earnings season, things are about to get even more volatile. You may be wondering if the market is overvalued, undervalued, or fairly valued. Hopefully, this post can help give you an idea.
Hey everyone,
It’s been a while since we’ve put out a bullish rating on a stock (about 3 months), but here’s one that we put out today. Company Name: Gambling.com Ticker: GAMB Industry: Online Gambling Want to short growth stocks? Here's a moving average trading strategy we backtested on Cathie Wood's ARKK ETF (using Puru Saxena's ideas as inspiration). This can potentially help you profit on both the long and short side. Check it out!
Things have been very interesting lately. Last week, the FED announced that it will speed up the tapering process and anticipates 3 rate hikes in 2022.
This *technically* should be bad news for risky high-growth stocks because it means that there will be less economic stimulus and higher interest rates going forward. Risk assets are hit hard in times of fear and are bid up in easy markets (like the easy 2020-2021 market conditions for the most part). However, many risky growth stocks rallied on this FED news. So, what gives? In this post, we break down diversification and how many stocks you need in your portfolio to be well rounded, based on real statistics. We also talk about the "Holy Grail" of investing, which has to do with diversification, of course.
Hey everyone, it’s Vince and Andre.
As you probably already know, we’re two brothers who talk about stocks. We’ve been investing since 2014 and have been through a lot of ups and downs. We’re currently bloggers for Seeking Alpha and TipRanks, and now Substack.
Previously, we had written an article on SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) where we estimated a 34% upside for the stock. Since then, the price has appreciated 29.45% at the time of this writing. When including dividends, the total return has been 36.18% compared to the S&P 500's return of 24.64%. Going forward from here, it may not continue outperforming the S&P 500. In this article, we will update the company's valuation. Risks and growth catalysts remain the same as our previous article and suggest checking it out for more detail on the company.
*This is a premium seeking alpha article, so we can’t fully post it here.* |
Categories
All
Archives
September 2022
|