This week’s Momentum Trader Alert recommendation tracks the investment of media mogul Oprah Winfrey with Weight Watchers International, Inc. (WTW). Two years ago, Weight Watchers International, Inc. (WTW) was a struggling company. The stock was well under $10 per share as investors had all but given up on the company. But then Oprah took a […]
This week’s Alpha Algorithm returns to a previous recommendation: online shopping giant Amazon.com (AMZN). Despite hitting its stop in your portfolio on a June 9 sell-off in the tech sector for a 15% gain, Amazon remains a great favorite of the Alpha Algorithm investment strategies. Founded in 1994 and headquartered in Seattle, Washington, Amazon sells […]
I. Conservative Recommendation Costco Wholesale (COST) A recommendation in Smart Money Masters, Costco is Charlie Munger’s favorite stock and it tumbled 9.76% over the past week on news that Amazon.com is taking over Whole Foods. Both Goldman Sachs and Deutsche Bank (DB) downgraded Costco, saying the competitive advantage from its food business is at risk […]
U.S. stock markets traded broadly flat last week, with only the Dow Jones Industrial Average eking out a gain of 0.48%. Otherwise, the S&P 500 closed down by 0.63% and the tech-heavy Nasdaq fell by 0.71%. The MSCI Emerging Markets Index ended the week 1.46% lower. Your Smart Money Masters holdings had a mixed week. Restaurant […]
Global investing guru Nicholas Vardy explores the current state of the market through the lens of several quotes from Sir John Templeton.
With U.S. stocks trading in a choppy manner, you hit two more stops on your Momentum Trader Alert positions this past week. Albemarle Corp. (ALB) stopped out on June 12 at $112.15 for a 10.35% gain. In addition, Nanometrics, Inc. (NANO) stopped out on June 14 at $26.50 for a 13.57% loss. This week’s Momentum Trader […]