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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ESEA and TAYD are my two top picks out of these. I also like NECB but I think we already have enough banks right now.
ESEA has strong financials, however the EPS is supposed to drop next year, not sure why that is....
TAYD looks great, but the momentum has just snapped, and that's also a mystery. How much further will this one drop before coming back?
If I could figure out what's going on with those 2 questions, I'd know which to pick for the quickest and surest 15%.
ESEA - Interesting chart. Looks poised to move higher. Revenue and income growing, but growth slowing. Incredible multiples. Iffy cash flow.
IFIN - Fawget about it. I still wouldn’t touch this one, but that’s just me.
NECB - Chart is extremely extended on the daily. Revenue and net income growing, although growth seems to be slowing. Great multiples and excellent cash flow.
NWG-Chart on an extended, slow-and-steady run on daily and looks poised to move higher. Growth slowing. Multiples good. Iffy cash flow.
TAYD-Monthly and daily charts are a little rough. Not sure why the big drop after earnings because results were good. Revenue and net income growing, but slowing. Multiples are just OK. Cash flow excellent.
Bottom Line: Except for JFIN, each one has a number of positives but few fleas too. NECB looks awfully good, but that daily chart is deep into overbought territory, which gives me pause. I don’t like trying to catch a falling knife on a chart, and the multiples are just meh, so that’s a hard no on TAYD. NWG has solid charts and the financials are sound, but I wish the cash flow was a little more solid. Still, I might give it a shot. ESEA would be my number one pick. I like the chart and the financials and it looks extremely undervalued. I wish the cash flow was a little better, but, IMHO, it’s the best in the bunch.
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