Minggu, 22 November 2020

A stock tip for Monday morning

MarketBeat - Empowering Individual Investors to Make Better Trading Decisions
Good afternoon -
 
A couple of years ago, we started playing with the massive amounts of data that MarketBeat takes in everyday trying to figure out if there was a way to identify short term trading wins.
 
By analyzing earnings data, news sentiment, analyst recommendations, insider transactions and dozens of other data points, we think we’ve found an algorithm that finds winning short-term stock ideas.
 
We call that algorithm the IdeaEngine and its stock ideas are published on MarketBeat All Access every Monday morning. 
 
Here are a few of the ideas that the IdeaEngine has made in the last couple of months:
  • On November 2nd, the IdeaEngine suggested OneMain. Seven days later, the stock was up 4.9%
  • On November 2nd, the IdeaEngine also suggested Ares Capital. Seven days later, the stock was up 9%
  • On October 19th, the IdeaEngine suggested US Bancorp. Seven days later, the stock was up 3.9%
  • On October 12th, the IdeaEngine suggested Morgan Stanley. Seven days later, the stock was up 6.3%
  • On September 28th, the IdeaEngine suggested AutoZone. Seven days later, that stock was up 3.8%
  • On September 21st, the IdeaEngine suggested Monolithic Power Systems. Seven days later, that stock was up 4.4%
  • On September 7th, the IdeaEnine suggested Williams-Sonoma. Seven days later, that stock was up 8.1%
  • On August 24th, the IdeaEngine suggested Lowe's. Seven days later, that stock was up 2.3%
  • On August 17th, the IdeaEngine suggested CymaBay Therapeutics. Seven days later, that stock was up 10.1%
Normally IdeaEngine stocks are available to MarketBeat All Access subscribers, but we are now making one IdeaEngine idea available free every Monday as an SMS alert. We’ll be releasing the first IdeaEngine alert on Monday morning, so make sure you are signed up before then.
 
 
Matthew Paulson
MarketBeat
 
P.S. The IdeaEngine has had some good stock ideas recently, but it’s just an algorithm. It’s not always right and it should be only part of your research process. Remember that stock investing and trading involves risk and you should always consult with a competent financial professional before making investment decisions. Read our full terms of service here.

 
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