- (0:45) - Buying Stocks At All Time Highs: Paradigm Shifts
- (6:15) - Stocks Up Over 100% YTD
- (12:50) - Stocks with Slower Momentum YTD
- (16:00) - Tracey and Dave Dive into Domino's Momentum
- (18:45) - Momentum Stocks That Falter
- (24:00) - Episode Roundup: Podcast@Zacks.com
Welcome to Episode #90 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
In this episode, Tracey is joined by David Bartosiak, the editor of Zacks Momentum Trader and Home Run Investor newsletters, to discuss buying stocks at their highs.
Obviously, the overall markets have been hitting new all-time highs in 2017, but many individual names have also been doing the same.
In a recent episode of the Value Investor Podcast, Tracey discussed 5 value stocks that had soared over 100% in just 2017 alone.
After that podcast, she got a lot of questions from investors and traders about how hard it was to buy a stock when it was hitting new highs. Isn’t the rally in the shares already done? Aren’t you too late if you’re buying on the high?
What to Look for With Momentum Stocks
Dave is Zacks Momentum specialist so he knows all about buying stocks on their highs.
He looks for these 2 scenarios:
1. A paradigm shift in the story. This could be that a company announces an acquisition, it lands a new major client, its drug trial is a success, or business picks up in an overseas market. Look for something that has changed in that company’s business.
2. A paradigm shift with investors. This results from investors becoming more comfortable investing in the space even though the numbers remain the same. An example would be investors figuring out that all brick and mortar stores really aren’t going to be Amazoned.
Momentum buying isn’t just about the chart. It’s also about the underlying story, especially with earnings.
Investors and traders have to examine both parts to determine whether they should jump in.
5 Stocks to Buy on Their Highs
1. OraSure Technologies (OSUR - Free Report) is up 117% year-to-date. What’s driving this healthcare tool maker? Dave discusses what’s new in the story.
2. Tal Education Group (TAL - Free Report) has jumped 108% year-to-date. This is a Chinese education company. Is it safe to invest in the Chinese stocks again?
3. Visa (V - Free Report) is up 24.7% year-to-date. Should you be buying it on the highs? Dave says the price and consensus chart tells you all you need to know. It’s THE number one chart to look at for momentum stocks.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Welcome to Episode #90 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
In this episode, Tracey is joined by David Bartosiak, the editor of Zacks Momentum Trader and Home Run Investor newsletters, to discuss buying stocks at their highs.
Obviously, the overall markets have been hitting new all-time highs in 2017, but many individual names have also been doing the same.
In a recent episode of the Value Investor Podcast, Tracey discussed 5 value stocks that had soared over 100% in just 2017 alone.
After that podcast, she got a lot of questions from investors and traders about how hard it was to buy a stock when it was hitting new highs. Isn’t the rally in the shares already done? Aren’t you too late if you’re buying on the high?
What to Look for With Momentum Stocks
Dave is Zacks Momentum specialist so he knows all about buying stocks on their highs.
He looks for these 2 scenarios:
1. A paradigm shift in the story. This could be that a company announces an acquisition, it lands a new major client, its drug trial is a success, or business picks up in an overseas market. Look for something that has changed in that company’s business.
2. A paradigm shift with investors. This results from investors becoming more comfortable investing in the space even though the numbers remain the same. An example would be investors figuring out that all brick and mortar stores really aren’t going to be Amazoned.
Momentum buying isn’t just about the chart. It’s also about the underlying story, especially with earnings.
Investors and traders have to examine both parts to determine whether they should jump in.
5 Stocks to Buy on Their Highs
1. OraSure Technologies (OSUR - Free Report) is up 117% year-to-date. What’s driving this healthcare tool maker? Dave discusses what’s new in the story.
2. Tal Education Group (TAL - Free Report) has jumped 108% year-to-date. This is a Chinese education company. Is it safe to invest in the Chinese stocks again?
3. Visa (V - Free Report) is up 24.7% year-to-date. Should you be buying it on the highs? Dave says the price and consensus chart tells you all you need to know. It’s THE number one chart to look at for momentum stocks.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on V - FREE
Get the latest research report on DPZ - FREE
Get the latest research report on ULTA - FREE
Get the latest research report on OSUR - FREE
Get the latest research report on TAL - FREE