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Pick'em

Friday Pick’em: 05/07/21

It’s the first week of May, and it doesn’t look like everyone is selling this time. How did our picks weather the rotation? Read on to find out!

The markets ended another week at a new all time high again on Friday, this time overcoming what looked to be some sector rotation and a disappointing jobs report. The House Financial Services committee held another hearing on the GME saga, but it stands to be seen if anything useful will come from it. Earnings season is fully underway, and it seems like there are some big expectations required to see and upward movement.

Click for 04/30/21 Recap

Kyle’s Stock Pick

SABR
Volume: 6.9 M
Short%: 20.42

Kyle’s Friday Pick’em this week is Sabre Corp, an IT company specializing in the global travel and tourism industry. Sabre is an interesting stock, and I’ve been watching it for almost a year now. They posted some poor earnings (again) last week, but the stock always seems to jump up after that initial disappointment wears off. We saw it start to do this again on Friday, and I’m betting the trend continues over the next few weeks.


Past Pick’ems Review

We had a decent week overall for our picks, with NUE and BUD doing especially well. ATVI, on the other hand, finally triggered its stop loss. ARKX has not been doing anything really since it’s addition, but we’re willing to give it some more time. CVM also triggered its loss, but that is a stock I’m going to continue to hold. It’s an all or nothing play that hinges on their trial data, but I’m willing to take that risk.

Bullish
Stocks
Price first
Appeared
15% Trailing
Stop
Stop Loss
Status
03/12
Closing Price
SAP$108.00$123.61Active$141.74
DLB$84.60$89.03Active$96.64
ATVI$84.27$88.85Triggered
on 05/04
Dropped
BUD$65.35$64.38Active$74.59
CNXC$124.89$138.79Active$157.99
NUE$80.00$84.42Active$98.76
ARKX$21.27$18.08Active$20.44
WFC$43.61$39.67Active$46.54
CVM$23.52$23.66Triggered
on 05/03
Dropped
YUM$120.00$104.05Active$121.23
Stocks that trigger the stop loss are dropped from future updates.

Recent Picks

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    No new picks this week, just updating the list.
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  • Friday Pick’em: 05/28/21
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  • Friday Pick’em: 05/07/21
    It’s the first week of May, and it doesn’t look like everyone is selling this time. How did our picks weather the rotation? Read on to find out!
  • Friday Pick’em: 04/30/21
    We’re smack dab in the middle of earnings season once again, and the SPY is continuing to push new highs. Let’s see if we can ride the momentum!
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  • Friday Pick’em: 04/16/21
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  • Friday Pick’em: 04/09/21
    Another week has come and gone and two of the three major indexes hit new highs! Read on to see what we’ve picked for next week.

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