One of the most successful investment strategies is to buy great businesses at a deep discount to fair value, but it’s often much easier said than done. From an emotional standpoint, investors must often buy when the headlines are the worst and plug their noses to the stench of rotten earnings revisions. From an application…
Chart Spotlight: Canadian Solar (CSIQ)
Over the last few weeks, I highlighted a few opportunities with Chart Spotlight. On July 13, for example, I highlighted Generac Holdings (GNRC), as it traded around $212. It’s now up to $265.50. On July 26, I highlighted Albemarle (ALB), as it traded at $224. It’s now up to $280.15. On August 3, I highlighted…
Recession-Resistant Stock At An Irresistible Price
Many investors like to buy IPOs immediately after their IPO debut to ensure they don’t miss out. However, a much lower-risk way to play these stocks is waiting at least nine months to pass their lock-up period and build a new primary IPO base. This period allows any investors/insiders with cheap shares to clean out…
Retail Stock Undervalued By 35%
Bottom-fishing for exceptional businesses is a great strategy if done carefully, but there is a less popular strategy that also works great. Trend followers employ this strategy, and its goal is to buy stocks that are making new highs – especially during bear markets. The rationale behind this strategy is that if a stock can…
Chart Spotlight: Tellurian Inc. (TELL)
Natural gas prices are exploding. For one, Russia said it would cut natural gas shipments to Europe. In fact, as noted by Barron’s, “Russian company Gazprom said on Monday that it will cut natural gas shipments from the key Nord Stream pipeline to Germany starting this week. The pipeline’s exports will be cut to 20%…
A Dirt-Cheap Growth Story
Recession risks are rising, attributed to elevated inflation and less accommodative monetary policy. Amid this backdrop, it’s no surprise that “Dr. Copper” has caught a whiff of the recessionary stench, promptly dethroning the base metal from its previous position as one of the top performers among asset classes in 2022. In fact, copper was one…
Chart Spotlight: Marathon Digital Holdings (MARA)
Cryptocurrencies are showing big signs of life again. Look at Bitcoin, for example. After crashing to a low of $19,097, BTC is now back up to $22,960. Not only is that great news for cryptocurrencies, it’s a strong catalyst for mining stocks, like Marathon Digital Holdings (MARA). After all, miners rise and fall with the…
An Industry Leader At Fire-Sale Prices
One of the most successful trading strategies is to buy 52-week highs to ride steady trends. However, this strategy is less sound in specific sectors. Gold is one of those sector outliers, where traders may be better off looking at the 52-week lows than targeting the 52-week highs. This is because the group is crowded…
Chart Spotlight: Albemarle Corp. (ALB)
Governments all over the world are pushing for a greener future. The U.S. wants to cut emissions by up to 52%. Europe says it’ll cut emission by up to 55%. China says it will stop releasing CO2 in the next 40 years. To help, leaders want millions of zero-emission electric vehicles on the roads as…
Dole: A Valuation That Is Bananas
Occasionally, the market throws a proverbial fastball right over the plate – a stock so mispriced that it is practically being given away to investors. In this case, Dole (DOLE) is one example, down 50% from its IPO debut in September 2021 and 45% from its year-to-date highs. While there’s no question that inflation in…
