2 Best Stocks to Buy Now

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It’s easy to get caught up in the day-to-day headlines in the market, economy and world, but if you want to be successful, it is vital that you determine the difference between “noise in the market” and “trend-changing news.”

Noise tends to have either no impact on the market or a very short-lived (less than a week or two) impact. About 90% or more of the day-to-day, so-called market-impacting news is, in reality, nothing more than noise.

On the other hand, trend-changing news typically has a lasting impact on the market. It has the potential to last for far more than a couple of weeks. And, almost more importantly, it is coupled with corroborating data from multiple sources that indicate a change in trend is underway.

To distinguish between noise and real trend-changing news, Mike Turner has designed and developed sophisticated software systems. His Turner Analytics tools screen over 6,000 stocks and exchange-traded funds based on fundamental and technical research. Fundamental components include looking into company’s financials and operations, while technical ratings are based off of price trends and historical volatility. These tools also provide time-cycle forecasting for broad market and sector-based tickers, as well as time-cycle forecasting for individual stocks and ETFs.

Mike then uses the signals and fundamental/technical time-cycle forecasting to determine which stocks and ETFs have the highest probability of success. Today, Mike has handpicked two stocks that have great fundamental and technical ratings, as well as strong growth potential.

Southern Company (SO)

Southern Company (SO) is a leading energy company in the southeast, providing 4.4 million customers with reliable and affordable electricity. Southern Company owns and operates electric utilities in four states and is a licensed operator of three nuclear generating plans.

In 2012, Southern Company received the Edison Award from Edison Electric Institute for its leadership in new nuclear development. Southern Company is quickly becoming our nation’s leading nuclear energy developer.

For the better part of 2014, Southern Company has outperformed its industry (electric utilities) and sector (utilities). SO stock has strong demand fundamentals with a score of 68 out of a 100, and the technicals aren’t far behind with a Turner Analytics’ score of 65 out of a 100.

Since early Aug., SO shares have been moving steadily higher, rising 11%, and SO stock is currently in a solid bull trend. So, based on the technical and fundamental data, Southern Company stock is a “strong buy.”

Extra Space Storage (EXR)

Extra Space Storage (EXR) is a real estate investment trust and the second-largest operator of self-storage facilities in the U.S. Extra Space Storage is based in Utah but has regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas.

Extra Space Storage currently owns and/or operates 1,000 self-storage properties, which comprise about 550,000 units in 38 states, as well as Washington D.C. Extra Space Storage offers more than 59 million square feet of rentable space, where its customers can securely store anything from boats to RVs.

EXR shares have risen more than 30% so far this year, as the Extra Space Storage outperforms its industry (REIT-industrial) and sector (financials). EXR stock earns an outstanding demand fundamental score of 78 out of a 100, and a solid technicals score of 55 out of 100. EXR is a “strong buy.”

Mike Turner and his team of software engineers developed Turner Analytics, a sophisticated software system that creates time-cycle forecasting charts. He is also the editor of Signal Investor.


Article printed from InvestorPlace Media, https://investorplace.com/2014/10/2-best-stocks-buy-now-southern-company-so-extra-space-storage-exr/.

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