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Dan’s Stock Picks

INFY Chart by TradingView

INFY
Volume: ~16 M
Short%: 1.46

Infosys Ltd (INFY) – Another company that sustained five days of consecutive 52 weeks high this week, INFY is a tech company located in India. They had an earnings beat this week on top of several ratings firms raising their target prices. Their volume is almost twice the average and a P/E ratio of 28.5. On top of all of this, INFY also recently completed the acquisition of Kaleidoscope Innovation. Often times after an acquisition a company’s price will rise to reflect the new value of the combined firms.

APAM Chart by TradingView

APAM
Volume: 550 K
Short%: 2.3

Artisan Partners Asset Management Inc (APAM) – A financial investment firm that’s just hit five consecutive days of all time highs, APAM has done so without any new ratings or price targets! There were several days of big volume at the beginning of the week, so I’m not holding average volume against APAM. With an earnings report due on October 27th, I think this stock could easily keep moving up in anticipation of
the announcement.

More Stock Picks From Kyle

BBBY Chart by TradingView

BBBY
Volume: 10.3 M
Short%: 57.05

Bed Bath and Beyond has been riding a recent earnings report and news of the sale of non-core businesses to new highs the last two weeks. Lots of optimism surrounds BBBY as people in the industry feel it’s ready to break out. The short interest is really high, so maybe a short squeeze in on the horizon.

PHM Chart by TradingView

PHM
Volume: 1.4 M
Short%: 1.99

PulteGroupe has shown up in my screener several times over the last couple months. I don’t think it’s going to blow your socks off with returns, but there’s a place for slow and steady in our portfolios. They are scheduled to report earnings on 10/22

Last Week Stock Picks Review

The markets were turbulent this last week, but our picks are still doing fairly well. We’re recommending you close your positions in MKC and WIT this week to lock in those gains.

Bullish
Stocks		Price first
Appeared		15% Trailing
Stop		Stop Loss
Status		10/15
Closing Price
MKC$188.73$167.39Recommend
Sell		$199.15
BABA$288.17$257.22Active$299.46
WIT$4.59$4.68Recommend
Sell		$5.03
AMD$81.80$75.41Active$83.13
COST$355.01$314.29Active$376.58
SAP$154.29$134.05Active$153.80
JKS$44.13$53.80Active$66.87
CVNA$213.45$191.46Active$224.39
AOS$57.19$49.34Active$55.83
DAR$42.35$38.15Active$43.64
CRDF$17.25$15.40Triggered
10/14		Dropped
Stocks that trigger the stop loss are dropped from future updates.

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