Categories: Stock Market NewsVIP Alliance Hotlines

VIP Alliance Weekly Update

1. Aggressive Recommendation

Texas Instruments Inc. (TXN) is a current recommendation in Momentum Trader Alert.

Headquartered in Dallas, Texas, TXN is one of the top 10 semiconductor companies worldwide. After acquiring National Semiconductor in 2011, the company became the world’s largest maker of analog technology components.

The company is witnessing strong demand in the fast-growing automotive market and the Internet of Things (IoT).

Shares of Texas Instruments hit a 52-week high of $104.30 yesterday. The stock has gained 41.5% year to date, substantially outperforming the 18.8% rally of the S&P 500.

Technically, the stock is in a strong uptrend and scores 100% on my long-term technical indicators.

2. Conservative Recommendation

Abbott Laboratories (ABT) is another current recommendation in Momentum Trader Alert.

Abbott’s board of directors recently increased the company’s quarterly common dividend to 28 cents per share from 26.5 cents per share.

That marked the 376^th consecutive quarterly dividend to be paid by Abbott since 1924.

BMO Capital Markets — a Bank of Montreal subsidiary — raised its rating on shares of ABT to Outperform.

BMO Capital placed the stock on its Top Picks list for 2018. BMO’s target price of $65 per share of Abbott is a 16.7% upside from the current market value per share.

From a technical standpoint, ABT scores 100% on all the indicators I follow for Momentum Trader Alert.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.