When my son was younger, he was obsessed with rockets. In fact, we still have a seven-foot rocket in my garage in Florida. What I learned during his rocket phase is that if you make a rocket bigger, especially a liquid-fueled rocket, it gets a lot more complicated. A fact that I’m sure NASA is very aware of these days.
NASA’s new Artemis I lunar rocket failed to launch on August 29 as planned. The rocket had a leaky fuselage and the NASA team was unable to keep all four rocket engines cool for the originally scheduled launch last week. NASA was still planning to go ahead with a postponed launch on Saturday despite the new moon rocket appearing to have a design flaw, but it was also aborted due to a fuel leak. Another launch attempt has yet to be postponed.
The fellowship reminds me a bit of NASA’s Artemis I lunar rocket; nor has it been launched recently. All major indices sold off sharply in the second half of August, with the S&P 500 and Dow Jones falling more than 4% for the month. September also got off to a rocky start, with every rebound attempt meeting strong resistance. As a result, the S&P 500 and the Dow both fell more than 0.6% in the first two trading days of the month.
Since market volatility is not expected to subside until late September, it is important to stay on top of the latest profit opportunities. So, after taking a close look at the latest data on institutional buying pressure and the fundamental health of each company, I’ve decided to revise my Portfolio Grader recommendations for 67 headlines. Chances are you have at least one of these stocks in your portfolio. I’ve listed the top 10 stocks that have been upgraded from a “Hold” (C-rating) to a “Buy” (B-rating), but you can find the full list here.
|ALNY||Alnylam Pharmaceuticals, Inc.||B|
|BBDO||ADR sponsored by Banco Bradesco SA||B|
|BIDU||Baidu Inc sponsored ADR Class A||B|
|CHKP||Check Point Software Technologies Ltd.||B|
|FCNCA||First Citizens BancShares, Inc. Class A||B|
|FOX||Fox Corporation Class B||B|
|HBAN||Huntington Bancshares Incorporated||B|
|LYB||LyondellBasell Industries NV||B|
This list should give you a good starting point, but if you want to invest in the better stocks, so I encourage you to consider my Growth investor Buy Lists. My buy lists are full of fundamentally superior stocks, which is why they achieved an average annual sales growth of 62.3% and an average annual profit growth of 455.7% during the earnings season of the second trimester.
If you want to succeed in today’s increasingly narrow and fundamentally driven market environment, it’s important to invest in companies that can sustain robust earnings and sales growth, as well as benefit from positive analyst estimates. These are the stocks that are well positioned to thrive – whatever the turn of the market.
Click here to become a member of Growth investor and receive immediate access to my stock picks, top stock lists, latest monthly issues and more!
PS There’s a big gap opening up in America – and investing in my Growth investor actions will help put you on the right side. On one side is a new aristocracy that is accumulating more wealth faster than any other group in American history. For people like me the one percentlife has never been better, more prosperous.
On the other side, the reverse is happening. Wealth is flowing out of the pockets of ordinary Americans at an unprecedented rate.
What happens will only gather in force over the next few decades. He will certainly not weaken.
Few Americans even know this is all happening. I never saw anyone on my side of the chasm come forward to explain none of these things.
That’s why I edited this video. In it, I’ll lay out exactly what’s going on, including several key steps every American should be taking right now.