by Louis Navellier | October 22, 2013 11:52 am
Now that the Washington mess in is the rear-view mirror — at least temporarily — the market can get back to business at hand.
As a result, I expect to see a shift towards stocks with the very best fundamentals. These powerful stocks will lead the market to a strong finish in 2013 — and investors should take full advantage as buying pressure pushes the best of the best to new heights between now and the end of the year.
Stocks with strongest characteristics make the grade as what I like to call “Triple AAA” stocks. These Portfolio Grader picks have solid fundamentals, and the big money is starting to notice. As institutional investors buy up shares, it helps the stocks start to move higher.
Most investors should focus their money and attention on such stocks. In fact, the following picks are some of the best stocks to buy now.
Graham Corp. (GHM) designs, manufactures and sells custom-built vacuum and heat transfer equipment to customers worldwide. GHM makes stuff like condensers for steam turbines, vacuum pumps, compressors and heat exchangers, and its products are used by industries including oil and gas, chemical companies and electric power generators.
Graham Corp. has blown away the earnings estimates from Wall Street for four quarters in a row, including earnings that were 65% higher than analysts expected in the most recent quarter. On top of that, I expect Graham to do it again when it reports earnings later this week.
GHM stock has a fundamental rating of “A,” a quantitative score of “A” and Portfolio Grader gives the stock an overall “A.” This “Triple A” stocks is a strong buy right now and is ready to move to new 52-weeks highs.
The Providence Service Corp. (PRSC) provides a range of government-sponsored social services and non-emergency transportation services. The company does home counseling, addiction treatment services, educations support, workforce development and correctional services. PRSC also offers not-for-profit managed services comprising administrative support, information technology, and more.
No matter what you think of government entitlement and spending programs, they will be with us for the foreseeable future. PRSC stock can help you benefit from this social trend.
Providence Service Corp. has trounced estimates the past two quarters and analysts have been rushing to raise their estimates for it. This “Triple A” stock is a strong buy at the current price.
The bottom line is that investors don’t have to worry as much about Washington for a couple of months, and should instead focus on the very best stocks to buy.
Sit back and simply enjoy your profits by picking strong stocks with even stronger buying pressure for the rest of the year.
Louis Navellier is the editor of Blue Chip Growth.
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