I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Here are my five favorite stocks from the most recent data dump. I will buy one of these soon:
IGIC JFIN POWL TAYD TZOO
which one do you like? and why??
I didn’t really like the financials of TAYD or TZOO, and personally, I wouldn’t touch JFIN with a 10 foot pole, but that’s just me. My picks would be either IGIC or POWL: Strong revenue growth, decent profitability and margins, and good multiples. Strong long term charts for both, although I like the setup for POWL a little better.
Jiayin (JFIN) seems way undervalued. I like the deal, if it's real, but I have a suspicion that there's more to this stock than what we see on its face.
If JFIN seems too scary, my next pick of those would be POWL. I agree with everything BW said right there (including his take on IGIC) with the possible exception of TZOO, which I also like, but maybe not at this price right here. If we had picked it last dump, we could have gotten out with at least 20% if we'd held on for that.
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