Stocks On My Screen For Week Starting September 14th, 2020

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 our proprietary database of detailed earnings model on more than 1225 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: 4.3% Positive Longs: -1.4% Negative Shorts:  5.7% Assuming 5% is dedicated to each position, resulting in 0% net exposure…

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Stocks On My Screen For Week Starting August 24TH, 2020

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 our proprietary database of detailed earnings model on more than 1225 U.S. listed companies. The historical data for these earnings models is sourced from SEC filings. Performance of last week’s model portfolio was, Net: 0.8% Longs: -0.1% Shorts:  0.9% Assuming 5% is dedicated to each position, resulting in 0% net exposure and no change in position…

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Nike: Not A Great Fit For ‘Post Lockdown’ Portfolio

Nike Inc. (NYSE: NKE) is being clubbed with other retailers and touted as a ‘post lockdown’ stock by the Street, leading to rich valuation that may lead to disappointment down the road. Instead, we believe the stock benefited from the lockdown and these may very well be near-peak fundamentals the business experiences in the near-term. The stock, trading near all-time highs, is holding up on expectations that a retail revival when foot traffic and tourism comes back will lead to a renewed demand cycle. Till then, China that is already…

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Sporting Goods Stocks, Longs And Shorts

Nike (NYSE: NKE) will come out with results, Lululemon (Nasdaq: LULU) came out with quarterly results last week and the broader economy is just starting to open up in the U.S. after the lockdown. Stocks of sports retailing companies may see an elevated level of volatility and worth studying closely. The May retail sales report will be released tomorrow morning. For the last few months, other than groceries and in-home necessities, fitness and outdoor products were one of few bright spots in the retail space and stocks of some of…

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