Time to Do Some Buying | Cabot Weekly Review

The stock charts used in this presentation are provided by WONDA ® Copyright © 2016 William O’Neil + Co., Inc. All rights reserved. Unauthorized duplication, modification, photocopying or distribution in any form is strictly prohibited.

In today’s market video, Emerging Markets Investor Chief Analyst Paul Goodwin assesses the progress the markets have made and conclude that the intermediate-term trend of the market is definitely up. The skies aren’t completely cloud-free, of course, as the longer-term trend is still down. But it’s time to do a little buying and letting the market pull you back into a more heavily invested position. Just stay cautious as you put more money to work. He also gives a variety of stocks that are building launching pads and some that are already heading higher.

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Headline News

Stock Picks

Shopify

Shopify (SHOP), which came public in May of last year, is a new leader.

Facebook

Roy Ward uses the PEG ratio to determine if the stock is undervalued or overvalued.

Amazon.com

For AMZN to be undervalued, the stock would need to fall to 393. 50.

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