Wall Street has been in a bad mood since Federal Reserve Chairman Jerome Powell’s hawkish speech during the annual Economic Policy Symposium in Jackson Hole, Wyoming, last Friday. Stocks were hit hard, with the broader market ending Friday lower and wiping out its gains for August.
Monday was another weak day for Wall Street, and while stocks did open higher today, they ultimately ended the day lower after the market sold off following the spike in the 10-year Treasury yield.
While I know the recent gyrations have been difficult to stomach, that doesn’t mean you should sit on the sidelines until the market rebounds. The reality is there are still plenty of investment opportunities out there – it’s just a matter of knowing where to look.
Right now, you want to be looking at companies with superior fundamentals, i.e., strong earnings and sales growth, that are also experiencing persistent institutional buying pressure. This is why Portfolio Grader is such a handy tool for stock analysis to keep in your back pocket because this is exactly what Portfolio Grader tracks.
So, with that in mind, after taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for 62 big blue chip stocks. I’ve included the first 10 stocks that are considered Buys this week, but you can find the full list here. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.
|Ticker||Company Name||Total Grade|
|ABEV||Ambev SA Sponsored ADR||B|
|BEKE||KE Holdings, Inc. Sponsored ADR Class A||B|
|CTXS||Citrix Systems, Inc.||B|
|DDOG||Datadog Inc Class A||B|
|EPAM||EPAM Systems, Inc.||B|
|IR||Ingersoll Rand Inc.||B|
|LCID||Lucid Group, Inc.||B|
|MDLZ||Mondelez International, Inc. Class A||B|
|MKC||McCormick & Company, Incorporated||B|
|MUFG||Mitsubishi UFJ Financial Group, Inc. Sponsored ADR||B|
For the best stocks, consider my Growth Investor Buy Lists. They’re chock-full of fundamentally superior companies – they achieved 62.3% average annual sales growth and 455.7% average annual earnings growth in the second-quarter earnings season – so they should become go-to names as the stock market narrows and grows more fundamentally focused.
So, I encourage you to join me at Growth Investor. Once you sign up, you’ll have access to my latest new buys – four new food and energy-related stocks that are poised to prosper from the elevated energy and food prices – as well as my Top Stocks lists and much more.
P.S. There is a great divide opening up in America – and investing in my Growth Investor stocks will help get you on the right side of it. On one side is a new aristocracy that’s amassing more wealth faster than any other group in American history. For people like me, the one percent, life has never been better, more prosperous.
On the other side, the opposite is happening. Wealth is flowing out of the pockets of ordinary Americans at an unprecedented rate.
What’s happening is only going to gather in strength over the coming decades. It certainly won’t weaken.
Few Americans even know that any of this is going on. I’ve never seen anyone from my side of the chasm step forward to explain any of these things.
It’s why I put together this video. In it, I’ll lay out exactly what is happening, including several key steps every American should take right now.
The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below: