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Weekly Summary May 3, 2019

Cabot Prime Week Ending May 3, 2019

Stock Recommendation Tracker

By request, we have added a new feature to your Cabot Prime Weekly Summary—the Stock Recommendation Tracker. It is a table that features all of the current recommendations in all of our portfolios. It’s a quick way for you to see what stocks are currently in our portfolios and will highlight new additions to the portfolios or any changes to our recommendations over the previous week. We will include this table at the bottom of the Weekly Summary, and provide a link here at the top to the Stock Recommendations Tracker.

Cabot Weekly Review (Video)

In this week’s stock market video, Mike Cintolo talks about the wild ups and downs we’ve seen during earnings season in recent days—there haven’t been many breakdowns, but a lot of shakeouts, tests of support and volatility. Still, most of the evidence is bullish, so Mike is holding most of his top performers, and sees many potential lower-risk entry points among stocks on his watch list.

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Advisory Services

Cabot Growth Investor

Bi-weekly Update May 2: Remain bullish, but keep your eyes open. Our indicators and most of our stocks are still trending up, though we’re seeing some funky action that’s worth monitoring. In the Model Portfolio, Mike sold one-third of his shares of Twilio (TWLO) on a special bulletin this morning, and he has no other changes tonight. Our cash position now stands around 21%.

Special Bulletin May 2: Take partial profits in Twilio (TWLO) by selling one-third of your shares and holding the rest. The move will boost the Model Portfolio’s cash position to 21%.

Bi-weekly Issue April 25: It’s still a bull market, so we remain heavily invested, but Mike’s main focus right now is (as usual) on growth stocks, especially those in the broad technology field—most have suffered three brief selling waves since late March, and the question is whether those waves are the front edge of a larger distribution phase coming up … or whether, given that most leaders have held up during this choppy phase, the selling was set to peter out. Mike is close to putting a chunk of our 17% cash position to work as he’s spying two or three stocks closely for entry points, but tonight, he’ll stand pat—but will let you know in the days ahead if he makes any moves.

Other Stocks of Interest April 30: Follow ups to stocks featured November 21, 2018 (issue 1407) to April 25, 2019 (issue 1418). Since they’re not in the Model Portfolio, you don’t see them followed on a regular basis. However, we are monitoring these stocks, and this listing gives their current momentum status.

Cabot Top Ten Trader

Movers & Shakers May 3: It’s shaping up to be a week of little change in the major indexes, but that doesn’t tell the tale—there was plenty of volatility all week (and even intraday) as earnings season and major news items (Fed, jobs, other economic data) hit the tape. Mike’s buy ideas this week are: Survey Monkey (SVMK), Universal Display (OLED),Yeti (YETI) and Zendesk (ZEN). He has three outright sells this week: Ionis Pharmaceuticals (IONS), Redfin (RDFN) and SS&C Tech (SSNC).

Weekly Issue April 29: Mike remains mostly bullish, but two pieces of advice: First, don’t forget to book some partial profits when you have them, and second, be sure to keep your feet on the ground and look for advantageous entry points. He’ll keep the Market Monitor where it is as we see how leaders react to earnings. This week’s list is heavier on emerging market and retail stocks than usual, which could be a clue to future leadership. Mike’s Top Pick is ServiceNow (NOW), a blue chip-ish cloud software firm that decisively broke out of a tight launching pad on earnings next week. Try to buy on dips.

Cabot Undervalued Stocks Advisor

Special Bulletin May 3: Yesterday afternoon, Universal Electronics (UEIC) reported a great first quarter. Revenue and profits came in above all analysts’ estimates. Crista is moving UEIC from Strong Buy to a Hold recommendation, simply because the odds of additional near-term capital appreciation are diminishing.

Special Bulletin May 2: Apollo Global Management, LLC (APO) announced a corporate conversion; CF Industries (CF), Dow Inc. (DOW) and DowDuPont (DWDP) all reported first-quarter results.

Special Bulletin May 1: Apple (AAPL) and Royal Caribbean Cruises (RCL) each reported first quarter results that beat expectations.

Special Bulletin April 30: Baker Hughes (BHGE) and Sanmina Corp. (SANM) each reported strong quarterly earnings beats.

Weekly Update April 30: Shares of 3M Co. (MMM) fell last week when first-quarter results revealed revenue and profits that did not meet the market’s expectations. Crista gives you some lessons to be learned that can help you improve your game. And, here are today’s portfolio changes: Alexion Pharmaceuticals (ALXN) moves from Hold to Buy, Apollo Global Management (APO) moves from Strong Buy to Hold, CIT Group (CIT) moves from Buy to Strong Buy, Guess? (GES) moves from Hold to Buy, Southwest Airlines (LUV) moves from Hold to Buy, Total S.A. (TOT) moves from Buy to Hold and Voya Financial (VOYA) moves from Hold to Strong Buy.

If you missed Crista’s webinar Thursday, April 18, Great Growth & Value Stocks That Are Poised for Immediate Upside, you can click here to listen to it.
Monthly Issue April 2: Crista writes of two unusual changes that are happening within the portfolio stocks today. DSW Inc. (DSW) officially changes its name and stock symbol to Designer Brands (DBI); and Dow Inc. (DOW) begins trading separately from DowDuPont (DWDP). She also has quite a few changes today: Comerica (CMA) moves from Buy to Strong Buy, Dow Inc. (DOW) joins the Growth & Income Portfolio with a Buy recommendation, DowDuPont (DWDP) moves from Strong Buy to Buy, DSW Inc. (DSW) changed their name to Designer Brands (DBI), Schlumberger (SLB) moves from Hold to Buy and Synchrony Financial (SYF) moves from Hold to Strong Buy.

Cabot Stock of the Week

Weekly Issue April 30: Tim continues to recommend that you be heavily invested in a diversified portfolio of stocks that meet your own investment objectives. In this portfolio, which is capped at twenty stocks, we took profits in Apollo Global Management (APO last week) and are jumping into another financial stock this week, CIT Group (CIT). The stock was originally recommended by Crista Huff in Cabot Undervalued Stocks Advisor. Tim has three portfolio changes tonight, Invitae (NVTA) moves from Buy to Hold, Voya Financial (VOYA) from Hold to Buy and Van Eck Rare Earths/Strategic Metals (REMX) is a Sell.

Cabot Global Stocks Explorer

Bi-weekly Issue May 2: Our Emerging Markets Timer is still bullish but, to be fair, it’s also mostly mixed; EEM is hovering around key support near its 50-day line, so the next few days will be key for the intermediate-term trend. Today, Carl’s new recommendation is a familiar name, Baidu (BIDU). The reason to buy Baidu right now is that the stock has been out of favor and on the bench since July of 2018 when it traded at 270 a share. Today, Baidu now trades at 165 (down 40%) despite the robust recovery in Chinese markets so far in 2019.

Bi-weekly Update April 25: Our EEM Signal slipped below its 20-day moving average this morning and is right on top of its 50-day average. Carl will remain positive and constructive but lean toward finding some bargains. Most likely, the next two ideas will come from heavyweights India and China. He has one portfolio change today: Van Eck Rare Earths/Strategic Metals (REMX) moves from Hold a Half to Sell.

Cabot Dividend Investor

Weekly Update May 1: As Tom has mentioned in previous updates, the economy is in better shape than the experts knew. While things can change, we could have a strong economy for many more years before the next recession. Not only that, but the strong growth is coming with low inflation, which should keep the Fed from hiking rates.Tom has two portfolio changes today: He is selling Ecolab (ECL) –The chemical and sanitation company announced earnings this week that were generally positive, an earnings beat and revenue miss. The stock didn’t do anything, and he doesn’t see how the stock can move much higher from here, while he sees some downside risk. Sell. And, NextEra Energy (NEE) moves from Buy to Hold.

Monthly Issue April 24: Tom writes that things are good. The economy appears to be stronger than most expected. The Atlanta Fed is estimating first-quarter GDP growth at 2.8%. That’s a sweet number considering that the first quarter tends to be about 1% slower than the rest of the year. Housing starts and consumer confidence are strong and now it appears that the global economy is also in better shape than previously forecast. His featured stock this month is, Intel Corporation (INTC), the largest computer chip maker in the world. The company has over $70 billion in annual revenues and $264 billion in market capitalization. INTC is being added to the Dividend Growth Tier. Tom has no other portfolio changes today.

Cabot Marijuana Investor

Update May 3: Overall, cannabis/marijuana stocks still look fine, even though the stocks were generally soft yesterday, so Tim is not doing a full update, but there has been action, both good and bad, in a few stocks worth mentioning. In today’s update he writes about, CannTrust (CTST), Charlotte’s Web Holdings (CWBHF), Curaleaf Holdings (CURLF) and Turning Point Brands (TPB).

Monthly Issue April 25: The main trend remains up, in both the broad market and the cannabis sector in particular. When these uptrends will end, no one knows, but Tim guarantees that they will someday. Long-term, however, he remains very bullish on both the companies and the stocks in the industry and continue to adjust the portfolio’s holdings to optimize growth (with reasonable security.) Today the portfolio is adding a new position in CannTrust (CTST) and averaging up in HEXO (HEXO), taking the portfolio’s cash down to 10% and splitting the proceeds between both stocks.

Wall Street’s Best Investments

Daily Alert May 3: Turtle Beach Corporation (HEAR) from The Cheap Investor
Daily Alert May 2: Goldman Sachs Group, Inc. (GS) from Shortex Market Letter
Daily Alert May 1: Hold: Newmont Goldcorp Corp. (NEM) from Adrian Day’s Global Analyst
Daily Alert May 1: Yamana Gold Inc. (AUY) from Adrian Day’s Global Analyst
Daily Alert April 30: Zosano Pharma Corporation (ZSAN) from Schaeffer’s Investment Research
Daily Alert April 29: NV5 Global, Inc. (NVEE) from BI Research

Monthly Issue April 10: The retail environment is changing rapidly due to e-commerce, with most brick-and-mortar stores trying to find new strategies to survive Amazon. However, Nancy’s Spotlight Stock this month, Costco Wholesale (COST), is one retailer that is finding success in both channels. In her Feature article, she explains a bit more about the company’s strategy and its biggest advantage—consumer loyalty.

Wall Streets Best Dividend Stocks

Daily Alert May 3: Nutrien Ltd. (NTR.TO) from The Investment Reporter
Daily Alert May 2: Main Street Capital Corporation (MAIN) from Forecasts & Strategies
Daily Alert May 1: Brookfield Infrastructure Partners L.P. (BIP) from Cabot Stock of the Week
Daily Alert April 30: OneMain Holdings, Inc. (OMF) from Validea Hot List Newsletter
Daily Alert April 29: American Electric Power Company, Inc. (AEP) from Dow Theory Forecasts

Monthly Issue April 3: Our issue this month begins with Nancy’s Spotlight Stock, Lexington Realty Trust (LXP), a Real Estate Investment Trust that is in the midst of a transformation and whose shares are trading at bargain levels. In her Feature article, Nancy explores the direction in which the REIT is moving, highlighting the opportunities in that sector.

Ask the Experts

Cabot Marijuana Investor

Question: What are your thoughts on ZYNE?

Tim: Technically, ZYNE looks great, though it may face resistance at 14. Fundamentally, it’s a development-stage company, working on “innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders” and thus has with great promise, as well as the usual risks that come with these companies. But I’ve decided that it doesn’t fit into my Marijuana Portfolio, where I see the greatest possibility for growth—and lowest risk—is in companies targeting the mass market. I sold GW Pharmaceuticals (GWPH) in late 2017 for a profit, and that was my last “comparable” stock.

Premium Reports

Cabot’s 10 Best REIT’s to Buy Now

Special Report

May 2, 2019: JUST UPDATED—REITs are a way for investors to have a diversified portfolio of real estate-related investments even if you don’t have millions of dollars, much like mutual funds did for stocks. And REITs are traded on the market, just like stocks. In this new, exclusive report, you’ll discover how to profit in REITs, even when interest rates are rising.

Cabot Prime Quarterly Report

Special Report

April, 2019: The first quarter of 2019 was as good as the previous one was bad. And that’s not surprising. In fact, in his last quarterly report, Tim concluded by writing, “What the charts are signaling now is quite bullish! So don’t be afraid. Follow your favorite Cabot analyst. Use appropriate risk management tools. And make some money while the market is once again going the right way.”

Cabot’s Ten Best Canadian Small-Cap Stocks

Special Report

Updated March 6, 2019: One of the generally accepted wisdoms over the past couple of years has been that the U.S. stock market is where the action is. But relative performance of ex-U.S. markets is showing that’s no longer the case. There are market-beating returns available to those investors willing to step abroad. And one of the easiest steps to take is just over the border with our neighbor to the north, Canada. For the modestly adventurous investor, I think there are quite a few Canadian stocks worth a look right now.

Cabot’s Best Safe Investments for Uncertain Times

Special Report

December 21: This report gives you some suggestions of the safest, productive places to put your money when the market gets bumpy.

A Richer Retirement

Special Report This handbook is designed to help you secure a better, longer, richer retirement for yourself by making the most of your savings both before and during retirement.

Guide to Cabot Prime

This Guide to Cabot Prime will help you make the best use of your Prime membership to create a strong personal portfolio.

Stock Recommendations Tracker

The table below lists all of the stocks held in any Cabot portfolio.
Updated or revised recommendations from the past week are in purple text.
Stocks added to a portfolio are highlighted in green text.
Closed stock positions in the past week are highlighted in red text.

StockCabot Global Stocks ExplorerCabot Growth InvestorCabot Marijuana InvestorCabot Stock of the WeekCabot Undervalued Stocks AdvisorCabot Dividend Investor
AAPLBuyStrong Buy
ABBVBuyBuy
ACBSee Advisory
ALXN Buy
ANFBuy
APHASee Advisory
APOSoldHold
AXPBuy 1/2
BABABuy 1/2
BHGEBuy
BIDUBuy
BIP BuyBuy
BSCJ Buy 1/2
BSCL Buy 1/2
BXStrong Buy
BZUNBuy 1/2
CFStrong Buy
CGCSee Advisory
CHCTHold
CITBuyStrong Buy
CMGBuy
CMAHold
CMCStrong Buy
CRLBFSee Advisory
CRONSee Advisory
CTSTSee Advisory
CURLFSee Advisory
CVNABuy 1/2
CWBHFSee Advisory
DALBuyStrong Buy
DBIHold
DDAIFBuy 1/2
DOWStrong Buy
DWDPBuy
ECL Sell
ED Hold 2/3
ELLXFSee Advisory
EPDBuy
EVBGHold
EXASHold
FIVEBuy
GESBuy
GTBIFSee Advisory
HEXOSee Advisory
HTHTHold
IIPRSee Advisory
INTCBuy
ITHUFSee Advisory
KNXHold
KSHBSee Advisory
LGORFBuy a Small Position
LUVBuy
LXBuy 1/2Buy
MKC Hold
MPCStrong Buy
MTCHBuy
MOBuy
MOSHold
NEE BuyHold
NVTA Hold
PGX Buy 1/2
OGRMFSee Advisory
OKTABuy
PLNTBuyBuy
RCLStrong Buy
REMXSoldSell
RPDHold
SANMStrong Buy
SEHold 1/2
SLBBuy
SSOBuy
STAGHoldHold
SUPNHold
SYFStrong Buy
TCEHYBuy
TIVOHold
TOTHold
TPBSee Advisory
TSLAHold
TTDHold
TWLOSell 1/3Buy
UEICHold
VFFSee Advisory
VOYABuyStrong Buy
WDAYHold
XEL Hold 2/3
ZTOBuy 1/2