Michael CintoloVice President of Investments, Editor of Cabot Market Letter and Cabot Top Ten Report
A growth stock and market timing expert, Michael Cintolo is editor of
Cabot Market Letter and
Cabot Top Ten Report. In his nine years at Cabot, he has uncovered exceptional growth stocks and helped to create new tools and rules for buying and selling stocks. Perhaps most notable was his development of the proprietary trend-following market timing system, Cabot Tides, that has helped Cabot place among the top handful of market-timing newsletters numerous times.
Mike discovered his passion—following and analyzing the stock market—more than a decade ago via his father, who subscribed to the Cabot Market Letter. Within a year of being introduced to the Cabot system, Mike was studying market history and using Cabot’s general approaches to write his own informal newsletter, distributed by email to more than 40 friends and family members.
After numerous contacts with Cabot Publisher Timothy Lutts, Mike joined the Cabot team as an analyst two weeks after his college graduation. Since then, he’s been part of one of the greatest bull markets in history, one of the greatest bear markets in history, and the multi-year recovery since.
Mike has appeared at the World Money Show in Orlando and attended the Investor’s Business Daily Level II and Level III Seminars. He holds a B.S. in finance from University of Massachusetts, Amherst, and more important, remains an avid student of the market itself.
Publications
Vice President of Investments Michael Cintolo edits the Cabot Market Letter and Cabot Top Ten Report.
Our flagship publication, Cabot Market Letter has been continuously published since 1970. It is a complete advisory service for growth-oriented investors. Its stock recommendations offer the potential of great future earnings and stock appreciation. Stocks are selected for excellent, innovative management, high profit margins, triple-digit revenue growth, accelerating earnings growth, and market dominance. Cabot Market Letter is published monthly with weekly updates. It is regularly rated among the top newsletters for market timing by Timer Digest and Hulbert Financial Digest including one of the Top Ten Investment Letters of 2007.
Cabot Top Ten Report is the best weekly source of the hottest stocks for immediate investment. Strength is the one simple criteria for stock selection resulting in highly liquid stocks that are under powerful accumulation. Cabot Top Ten Report typically presents a broad array of stocks including big well known companies paying dividends, small unknown companies on the verge of huge growth, revolutionary growth companies, recent IPOs and leading companies in hot sectors. Suitable for both investors and traders, Cabot Top Ten Report uses the Cabot OptiMo proprietary stock screening system to uncover the market's strongest stocks, presents recommended buying ranges and advises you about them in regular weekly updates until recommending that you sell them.
More information on Cabot Market LetterGrowth InvestingMore information on Cabot Top Ten ReportCabot EditorsCabot HomeCabot Wealth Advisories
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04/28/08The increase corn production to be used for ethanol as a gasoline additive has caused the price of fertilizer to spike, resulting in inflation, hunger and poverty.
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04/26/08Wedding planning provides a time to learn lessons that can be applied in the market. And Canadian Solar is looking good, as it’s growing lightning fast, but it’s only owned by 20 mutual funds, making it a higher risk/reward situation.
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04/24/08Cabot Benjamin Graham Value Letter editor J. Royden Ward is back today writing his second Cabot Wealth Advisory and recommending a great value stock.
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04/21/08Leading stocks have been breaking out to new highs and recently begun uptrends are looking more and more sustainable, indicating that the worst is most likely behind us.
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04/17/08If you're being battered by all the negative headlines, don't despair. Remember that your goal is to make money, not to always be correct, and so you should be focusing on future opportunities.
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04/14/08Clean Harbors (CLHB) is a Green stock that is benefiting from the growing demand for a cleaner planet.
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04/12/08We got a great response to Wednesday's Cabot Wealth Advisory about Peak Oil, and many of the responses are reproduced in today's issue.
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04/10/08A true solid growth stock must adhere to all three criteria of the SNaC selection method: Story, Numbers and Chart.
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04/07/08It's absolutely fascinating to see stocks in both the oil and gas and the solar power industries leading the market higher in recent days. So where to invest?
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04/03/08The ridiculously poor sentiment of the last few weeks leads me to believe the market's next big move is up.
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03/31/08Last year one of the market's biggest winners was Crocs (CROX). Most people just call them plastic, but we made a lot of money in the stock, and therein lies an excellent opportunity for a lesson in Romance, Transition and Reality.
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03/29/08As I've written in recent weeks, there are ample signs that the market's bear phase is close to (or has already reached) its end point. I won't rehash all the signs here (double-bottom in the indexes, new lows divergence, Bear Stearns bad news, etc.). Instead, I want to take a few paragraphs to dispel a common belief among most investors-that you must get in as quickly as possible to make big money in a bull market.
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03/27/08I didn't have a strong business agenda for my visit to China. The real purpose was to put a face on the place, so to speak. I was fortunate to hear lectures by people with extensive China experience and to go on a couple of interesting factory visits. But the investing system used by the Cabot China & Emerging Markets Report doesn't make a lot of use of the kind of "look-them-in-the-eye" analysis of management that is popular with large institutional investors.
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03/24/08Microsoft (MSFT) bid $45 billion to buy Yahoo! (YHOO) back on February 1. My investment perspective on these companies is two-fold. First, every investor in America knows these companies. It's going to be very hard to beat the market by investing in them. Second, those companies are going down the same road traveled by IBM decades ago.
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03/20/08I've received a bunch of questions regarding the Visa IPO this week. Many believe, because MasterCard (MA) turned out to be such a good investment, that Visa is probably a good buy. My answer to that is ... maybe. From a technical perspective, the game plan is obvious: Do not buy the Visa IPO, but do keep an eye on the stock. If it can form a relatively tight consolidation and if the market can show real signs of turning up, then you could consider taking a position on a breakout. It takes some work, but the rewards can be worth it.
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03/17/08I recently visited Ruth's Chris steakhouse in Boston for a wonderful meal. Despite the stigma of being a chain, every meal has been absolutely terrific. Ruth's Chris (RUTH) just came public in 2005, but has since slid from the mid 20s to 6 1/2. Revenues have grown fairly consistently, but earnings were cut in half during the fourth quarter, and projected to shrink some more this year. The stock just hit a new low today! Thus, I think it's a good idea for any steak lover to visit one of the premier steakhouses in your area every couple of months. It's a real treat! But when it comes to investing, the message is clear: Enjoy the steak, but avoid the stocks.
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03/15/08Now is the time to formulate a system that works for you. You're more than welcome to start with the general philosophy from one of our newsletters and then tailor it to your own personality. Some rules, like cutting losses short when buying growth stocks, are absolute. Others, like how to sell can be adjusted to your own trading and investing goals.
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03/13/08Warren Buffett has said, "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." What about us ordinary investors who can't wait 10 years? I have an easy solution-- I buy when a stock is undervalued and sell when it becomes overvalued. The time frame is usually about two years. The basic principal is simple: the stock market and the individual stocks that make up the stock market have always bounced back and forth from overvalued to undervalued to overvalued, over and over again.
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03/10/08Stock market old-timers will often tell newbies that "the market wants to take your money," which, on the face of it, isn't all that credible. After all, lots of people make lots of money on Wall Street. Still, there's something to the warning, and the quicker you learn about it, the quicker you can start printing your yearly results in black ink, rather than red. So what can you do about it? As any of our longtime readers know, the answer is: have a system.
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03/06/08A couple of years ago, before we began writing Cabot Wealth Advisory, someone in our office came up with the idea of sending out a free monthly email that answered many of our subscribers' most common questions. We named it Ask Cabot, but as time went on we stopped getting as many general investing questions, and we got busy with our paid publications. So we stopped that and started Cabot Wealth Advisory. Since its inception we have gotten a slew of questions and today some of our readers FAQs get answered.
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03/03/08In 1931, Humphrey Neill, who later became famous as the Vermont Ruminator, wrote a book called "Tape Reading and Market Tactics - The Three Steps to Successful Stock Trading." What are the Mr. Neill's three steps to successful stock trading? The first step is familiarizing yourself with the methods of the institutions that move the market. The second step is learning how to interpret the actions of both these groups and the investing public. The third step (and hardest of all) is achieving mastery of yourself; of the "temperament, emotions, and the other variables that go to make up human nature."
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03/01/08The news is out: Brazil is now the largest emerging market in the world by market capitalization of its stocks, and Petrobras, the Brazilian oil giant, is the largest company in the emerging markets by market cap. Brazilian stocks now make up about 15% of the MSCI Global Emerging Markets Index, compared with China's 14%. The South American giant has surpassed China, in part, because the Chinese stock market is in the middle of a pullback that has given its stocks a significant haircut. That's the way it is with emerging markets; they go up faster than developed markets and come down faster, too.
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02/28/08We appear to be at a major turning point, a changing of the guard, if you will, and if you don't heed the market's message, you risk discovering that it has taken some of your hard-earned money. The fact is, most leaders of the last bull market are toast. Google is 37% off its high. Apple is down 37%, too. So what's working? Two sectors.
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02/25/08One thing that I am almost never asked about is what it takes to be a great investor. Everyone is focused on today's stock, or tomorrow's headlines. I can literally count on one hand the number of questions I've answered that concern building a successful system that will generate above-average profits for years. The funny thing is, that system - while it involves many rules and tools for finding, buying and selling the best stocks at the right times - really begins with the individual. People are usually their own worst enemies when it comes to winning the investment battle.
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02/16/08Here's one of the biggest differences between successful and ineffective traders: The market can change its tune in a heartbeat but ineffective traders cannot...or at least they refuse to try. These traders think everything has to make sense, and rapid changes in direction rarely make sense, so they fight the new trend.
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02/04/08The moral of the story: Successful investors always consider risk when analyzing their portfolio, adhering to rules like cutting losses short (if you're into growth stocks) or diversification (value stocks). I constantly talk to investors who fail to think of the downside, plowing a huge percentage of their portfolios into a few stocks ... and then failing to cut the loss short if things go amiss.
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01/24/08The market appears ripe for a short-term bounce ... but so what? The reason most people want to pick bottoms isn't really to make money; that's part of it, of course, but not the sole purpose. The reason they want to pick bottoms is to feel like they outsmarted the market and most other investors. There's nothing shameful about that, but in the market, wanting to prove that you're right usually costs you money.
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01/14/08Here's what I wrote about Barrick in last week's edition of Cabot Top Ten: The price of gold is in a solid uptrend, and that's helping all gold stocks, including Barrick Gold. The company, based in Canada, is one of the largest gold producers in the world...most gold stocks simply trade up and down with the price of gold, and for good reason—cash costs for mining activities are holding relatively steady, so as spot and futures prices increase, the extra money will fall to the firm's bottom line.
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01/05/08My stock idea for this issue stems from the "you can find good news among a heap of bad news" theory. It's a company whose entire business stems from the airline industry ... probably the only industry that's lost more money than the auto firms during the past few years. And today, the outlook would seem to be even worse, as businesses begin to cut back spending and oil prices flirt with $100 per barrel.
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12/20/07I have always believed that cutting losses short is, by far, the #1 rule when investing in fast-moving growth stocks. So much so that my stops are often less than 10%, even 5%, as I try to buy a leader near a logical support level.
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11/26/07Back on October 13, I penned a CWA titled "Finding Your System" where I wrote about finding a system that fits you. It's a topic that's frequently on my mind - money management-type topics are always worth some thought - and I was reminded of it just a few days ago when I was re-reading parts of Reminiscences of a Stock Operator, the fictional biography of Jesse Livermore, and one of the best investment books ever written.
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11/10/07Of course, I couldn't finish this weekend's Wealth Advisory without at least mentioning the overall market. In case you missed it ... the sellers have taken control. But the most important thing is that the sellers had taken control of most stocks before this week - I wrote two weeks ago about how there was a growing divergence between the few leading glamour stocks and the broad market.
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10/27/07Here’s the funny thing: I’m not describing 2007. I’m talking about 1998, a year that’s paralleling this one so closely I believe it’s prudent to look back before looking ahead.
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10/13/07I think one such stock is VeriFone Holdings (PAY), which is benefiting from the same mega-trend as MasterCard (MA) - more people are paying with plastic instead of cash, especially in developing countries. Here’s what I wrote about the firm in Cabot Top Ten Report, where it earned a spot due to the stock’s powerful breakout…
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09/24/07Which brings us to today. With last week’s powerful market upmove - one of the best of the year, thanks partly to Mr. Bernanke’s half-point rate cut on Tuesday - we believe we’ve kicked off the next stage of this bull market … a stage that figures to be very powerful. Why so powerful? Because many unique indicators we follow are giving us a bright green light. Here are some…