Every week, our model comes up with 40 stocks, 20 positive and 20 negatives, to watch for next week’s trading. The model is based on a mix of fundamental and quantitative factors, built on my proprietary database of detailed earnings model on more than 1325 U.S. listed companies. The historical data for these earnings models is sourced from SEC filings.
Performance of last week’s model portfolio for the week was,
- Net: -2.0%
- Longs: -2.3%
- Shorts: 0.3%
Assuming 5% is dedicated to each position, resulting in 0% net exposure and no change in position size during the week.
Here are the names that came up for next week,
|2||WKHS||Workhorse Group Inc.|
|4||ARC||ARC Document Solutions Inc.|
|6||FLGT||Fulgent Genetics Inc.|
|7||YSG||Yatsen Holding Limited|
|8||TRV||The Travelers Companies Inc.|
|9||TME||Tencent Music Entertainment Group|
|10||RRR||Red Rock Resorts Inc.|
|11||AVY||Avery Dennison Corporation|
|13||LPRO||Open Lending Corporation|
|14||WSC||WillScot Mobile Mini Holdings Corp.|
|15||OPRT||Oportun Financial Corporation|
|17||ATLC||Atlanticus Holdings Corporation|
|20||ALTG||Alta Equipment Group Inc.|
|1||ZM||Zoom Video Communications Inc.|
|3||SPT||Sprout Social Inc.|
|5||TTD||The Trade Desk Inc.|
|7||ARCE||Arco Platform Limited|
|8||CLI||Mack-Cali Realty Corporation|
|10||RLGY||Realogy Holdings Corp.|
|11||WW||WW International Inc.|
|13||BIG||Big Lots Inc.|
|15||BGS||B&G Foods Inc.|
|17||ENR||Energizer Holdings Inc.|
|18||FIZZ||National Beverage Corp.|
|20||WEN||The Wendy’s Company|
Trends visible in stocks for next week list
I was on vacation last week, so no commentary on trends this week.
I have read Short notes out on FuboTV, which contributed to most losses to last week’s performance. There was hardly anything more than concerns about valuation and ‘too difficult to execute on the promise.
Have a great weekend and happy hunting!
DISCLAIMER: These are NOT investment recommendations. Please do your research and consult your financial advisor before making any investment decision.