The Market is Overlooking These Stealth Stocks
I have just wrapped up my latest Watchlist inside Stealth Trades. And we have some interesting stocks that are performing under the radar of the general stock market.
And we’re coming off of a great week with the quick booked gain for Penske Automotive Group (PAG).
We entered the trade on Sept. 15 at 90.11 and were able to exit with quick profits today, Sept. 17, at 96.47 for a gain of 7.06%.
This trade confirms that my stealth system continues to find all sorts of stocks from impressive companies that are not getting the needed attention just yet by the general stock market.
They are providing us with some great opportunities to buy just before others are catching on to the big drivers for profits that I see as very much underway.
The new Watchlist is filled with great stocks, so read through my write ups and be ready to buy at the right price levels.
To access the Watchlist for Stealth Trades, simply click here.
Live Session Reminder
Monday, at 3:00 p.m. EDT, we’ll be hosting our regular weekly coaching session for Stealth Trades.
I will be recapping our portfolio and going through the newest stocks added to the Watchlist.
You really need to attend these with me to get the full benefit of your subscription.
We’ll send you a log-in reminder that morning, just so you don’t forget.
Now, here are the introductions for some the stocks coming at you in Stealth Trades:
An Ever-Successful Investment Bank
The first company might sound like a mining company – but really it’s all about mining for greater investment deals as a leading New York-based bank.
The company is a deal maker. It works on mergers and acquisitions as well as a host of corporate deals. And it takes its deal making to another level with its investment management and trust services for institutional and other investors.
This year has been good for deal making. Revenue is up by 35.08% for the latest quarter and follows on from prior quarters’ similar good results.
And here’s how the stock sets up with my stealth system:
- Surge score: 88/100
- % Above 52-wk low: 128%
- MFI reading: 47
- Sales growth: +35%
- Triple momentum: yes
The stock made a big move earlier this year before digesting the stock move and consolidating.
Profit-taking like this is both normal and healthy. And it now appears that selling has been exhausted.
Pullbacks have shrunken to just 4%, giving traders a low-risk entry point near 142.50.
A Learned Company
The next stock is from an online education company – with a focus on remote learning and tutoring.
It has both public and private institutions that contract with the company to provide its platform and services – that have become all the more vital over the past two years.
Revenue growth has been off of the charts from 2020 through to 2021 with the recent quarter’s gain of 47.81%.
And here’s how the stock sets up with my stealth system:
- Surge score: 85/100
- % Above 52-wk low: 72.1%
- MFI reading: 64
- Sales growth: +48%
- Triple momentum: yes
2020 was a wild ride for shareholders. The stock soared 248% off the COVID lows, then gave nearly the whole move back in just five months.
But the uptrend has resumed. The 50-day moving average is above the 100-day, and the 200-day line has turned back higher.
So, we once again have triple momentum long and a new Stage 2 uptrend.
There is noticeable volume contraction for most of the last six weeks – a telltale sign that a big breakout could be imminent.
Price action has also tightened up nicely, giving traders the chance to buy a new 52-week high using just a 7% stop loss.
A Shipping Partner to Have Now
The next stock is from a dry bulk shipping company set up as a passthrough limited partnership.
Dry bulk shipping of commodities and other goods remains very strong in demand as the globe is catching up from last year’s lockdowns and is in need of countless goods that this company delivers over the high seas around the planet.
With unlocking and the swift recovery in demand for shipping underway, revenue for the company has surged for the recent quarter by 226.56%.
And here’s how the stock sets up with my stealth system:
- Surge score: 98/100
- % Above 52-wk low: 439%
- MFI reading: 60
- Sales growth: +227%
- Triple momentum: yes
The stock was a big performer in the first half of the year.
Shares finally ran out of steam around the $36 mark and began forming a cup and handle pattern that is nearing completion.
Sales were up huge last quarter, and earnings are on track to be better than they have reported in a decade.
The maritime transport sector is red hot right now. Competitor stocks like Euroseas (ESEA) and ZIM Integrated Shipping (ZIM) are flying, and this stock could be the next big mover.
Funds are crowded into the bigger names like Danaos (DAC), which is in container ships and not dry bulk, but they own only 2% of this company’s outstanding shares as of last quarter.
I’d be looking to buy above 31.50 and risk 10% on the trade.
Live Coaching Session
Monday, at 3:00 p.m. EDT, we’ll be hosting our regular weekly coaching session for Stealth Trades.
We’ll send you a log in reminder that morning, just so you don’t forget.
We’ll cover all of our new stocks on the Watchlist as well as the rest of the stocks inside Stealth Trades.
You need to attend this session to get the most from your subscription.
In the meantime, you can watch the replay of our latest Stealth Trades session right here.
Best wishes for your trading,
Ross Givens
Stealth Trades