Will it keep going up? Too late to pick some quality stocks for growth? Should we be more focussed on protection from falls? Or waiting to buy on dips? All this and more from this newsletter.
As I’ve been saying – we are not overly expensive when earnings are factored in – helped by our low expectations and each time they are exceeded, the market moves up.
Above all else this is what I presently have the most faith in – ie any correction will be short-lived and an opportunity to buy.
Well, unemployment is at lows. So no worries there. Of course other factors can override it.
In case things to go wrong – it will look like the image below:
My view is I want to buy more stocks for my pension and also if the market falls, buy even more.
I just see so many companies to choose in UK and US markets with an Alpesh Patel 8 or 9 rating, based on our algorithms which analyse income, growth and value.
I’m picking the highest rated stocks on my algorithm which datamines based on valuations, growth of the companies and the income they generate – to make sure I have comings paying out, growing fast and still well valued. What more could we want?
I also like to buy into long term trends. Sometimes, like AT&T – the fundamentals can be in place, but the price goes sideways.
So I’ve highlighted these with a bit about what they do from the web:
Celanese Corporation, also known as Hoechst Celanese, is a Fortune 500 global technology and specialty materials company with its headquarters in Irving, Texas, United States.
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 156th position in Fortune 500 in the year of 2018.
Merck & Co., Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American multinational pharmaceutical company and one of the largest pharmaceutical companies in the world.
I’ve also searched the highest moving ones this year so far with at least:
Bruker Corporation is an American manufacturer of scientific instruments for molecular and materials research, as well as for industrial and applied analysis.
Cadence Design Systems*
Cadence Design Systems, Inc. is an American multinational electronic design automation software and engineering services company, founded in 1988 by the merger of SDA Systems and ECAD, Inc.
Euronet Worldwide is a US provider of electronic payment services with headquartered in Leawood, Kansas. It offers automated teller machines, point of sale services, credit/debit card services, currency exchange and other electronic financial services
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning.
EPAM Systems, Inc., also known as EPAM, is a global provider of software engineering and IT consulting services headquartered in Newtown, Pennsylvania, United States. The company has software development centers and branch offices in North America, Europe, Asia and Australia.
Paysign* (my speculative one)
Paysign, Inc. provides innovative debit and prepaid card programs that deliver secure, immediate and user-friendly access to incentive, reward, compensation, and reimbursement funds.
Verisign, Inc. is an American company based in Reston, Virginia, United States that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers
*means going in my pension, to add to Globant and Veeva Systems.
Alpesh B Patel