Please ensure Javascript is enabled for purposes of website accessibility
Cabot Prime Plus Logo
Cabot Prime Plus

Cabot Prime Week Ending August 27, 2021

Cabot Prime Week Ending August 27, 2021

Stock Recommendation Tracker

The Stock Recommendation Tracker 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 or any changes to our recommendations over the previous week. We 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 discusses the recent rebound in growth stocks and the market, which he deems the 5th successful test since February; ideally, that’s enough to have worn/scared out the weak hands for a more persistent, less choppy advance going forward. Still, Mike wants to see it before changing his game plan, which remains focused on picking your stocks carefully and buying on dips and/or starting with small positions.


How to Hedge Against Global Uncertainty with Gold

FREE WEBINAR: September 16, 2021 Sign up now.

Advisory Services

Cabot Growth Investor

Bi-weekly Issue August 26: All in all, we remain optimistic and more bullish than not, though we’re not pushing the envelope. In the Model Portfolio, most stocks are acting well, and tonight we’re going to average up on one of them, buying another half-sized position (5% of the portfolio) in Cloudflare (NET) to fill out our position. Our cash position will now be around 25%.

Bi-weekly Update August 19: The sellers are gaining some traction here, first with growth stocks (many of which have retreated to key support) and then with the broad market (Cabot Tides back to neutral). Still, with 30% in cash, we have no changes tonight, as most of our stocks are holding well, though we have one problem child (DVN) that’s on a very tight leash.

Cabot Top Ten Trader

Movers & Shakers August 27: The markets had a mostly positive week, with most indexes up, and interestingly, the strength has been relatively broad based—whether it’s the big-cap indexes or small-cap indexes, growth or value, everything seems to be up in the 1% to 2.5% range. This week’s upmove is certainly a good sign—as we wrote last week, many growth stocks, funds and indexes had dipped down to key support levels (50-day lines for many stocks, and price support for indexes), and while it hasn’t been a buying panic, the support shown is a plus.

Weekly Issue August 23: The selling in growth stocks spread to the rest of the market last week, with most major indexes finishing lower, led again by growth-y indexes and funds. The good news is that, for now, the worst-case scenario has been avoided—many growth stocks tested key support in recent days (50-day lines, etc.) and almost all held up, with Friday and today seeing some solid bounces. Mike’s Top Pick Chart Industries (GTLS), is an under-the-radar name that’s set to see earnings soar as demand for its various energy infrastructure items (including many that play into the clean energy space) takes off.

Cabot Undervalued Stocks Advisor

Weekly Update August 25: One of our friends asked us about how to use Wall Street’s ratings on stocks. After all, these brokerage research analysts have exceptional minds, educations, training, financial backing, industry expertise and access to company managements as well as their internal army of research associates, economists, strategists, quants and others with a wealth of information and viewpoints. It seems logical that these analysts would be among the best stock-pickers in the market. And, after all, the acronym hidden in their ratings scale – Buy, Outperform, Neutral, Underperform, Sell – spells “B-O-N-U-S.” One would think that stock picking would be the driver of the huge bonuses that these analysts earn. Our response to the question: ignore their ratings.

Monthly Issue August 4: As value investors, we look for companies whose shares are out of favor. Typically, these companies have little revenue or earnings growth – maybe their product or service offerings are in slow-growth industries or maybe aren’t quite as in-sync with customer demand as competitors, or perhaps they are pharmaceutical companies with patent expirations looming in the future. There are other potential overhangs, such as sub-par margins, poor capital allocation, temporary regulatory or legal issues or involvement in a recent spin-off transaction.

Cabot Stock of the Week

Weekly Issue August 23: The long bull market continues, unfazed by fears of COVID variants, the Taliban in Afghanistan, or the return of inflation. And that’s not unusual. Tim’s featured stock Dexcom (DXCM), offers one of the leading continuous glucose monitors on the market, which does just what it says—continuously monitors a patient’s glucose to drastically decrease the amount of time it’s out of the healthy range.

Cabot Explorer

Bi-weekly Update August 26: While only insiders will be attending the Federal Reserve’s annual Jackson Hole symposium, which starts this morning, markets will react to any hints on the Fed’s move to tighten monetary policy and lift interest rates. It does seem a bit odd that that markets seemingly look past a resurging Covid, the Afghanistan fiasco and surging federal spending and debt. The latter might have the most impact as the House this week narrowly passed a $3.5 trillion budget blueprint and locked in a September vote on a roughly $1 trillion infrastructure bill.

Bi-weekly Issue August 19: What has been propelling electric vehicles forward and what will power them into the mainstream across the world? It is a combination of growing political concern over climate change, the need to get air pollution under control in big cities with urban congestion, and breakthroughs in electric vehicle batteries that lower costs and expand range. Carl’s new recommendation ChargePoint Holdings (CHPT), is an indirect but powerful way to play the electric vehicle (EV) revolution is through companies providing battery-charging ports and stations.

Cabot Dividend Investor

Weekly Update August 25: The summer malaise is in full swing. The market is doing pretty much exactly what it was doing when investors went on vacation and stopped paying attention. The booming economy with low interest rates and spectacular earnings is winning the tug-o-war against the delta variant and possible Fed tapering, for now. But not by much.

Monthly Issue August 11: Markets have a history of being cranky after Labor Day. Will growth concerns be a problem? Maybe inflation will again haunt the market. Right now, the market is in a tug-o-war between the booming economy and growth concerns, primarily being stoked by the delta variant. Tom’s featured stock is Spectrum Brands Holdings, Inc. (SPB).

Cabot Marijuana Investor

Monthly Issue August 27: Tim remains cautiously optimistic that the sector’s uptrend will resume soon; the stocks have fallen far enough, and the fundamentals of the industry remain terrific. But until we see real strength, there’s no reason to be aggressive. The portfolio is already heavily invested, but not fully, and when we do buy more, it will be of the strongest stocks. The only change today is a downgrade of Columbia Care (CCHWF) to Hold.

Weekly Update August 4: Innovative Industrial Properties (IIP) yesterday announced that it closed on the acquisition of a property in Illinois and entered into a long-term lease with a subsidiary of 4Front Ventures. IIP already owns and leases to subsidiaries of 4Front a cultivation, processing and dispensing facility in Massachusetts and a cultivation and processing facility in Washington, and this brings to 73 the number of properties that IIP owns in the industry nationwide. The stock is up today and still aiming for its February high of 222. And the company is expected to release its second-quarter report after the market close today.

Cabot Early Opportunities

Monthly Issue August 19: Tyler’s Top Pick Global-E Online (GLBE) is a big idea company that has developed a cross-border e-commerce platform empowering businesses to sell to consumers all over the world. Cross-border commerce represents a meaningful market opportunity worth nearly $800 billion today. That number would be significantly higher if it wasn’t such a pain in the neck!

Special Bulletin August 18: Sell LYFT, ATRC and DRVN. With a new batch of stocks being added to our portfolio tomorrow and a few of our current names looking just OK we’re going to sell three stocks today.

Cabot Profit Booster

Weekly Issue August 24: The recent August expiration cycle was our second disappointing month in a row. And while 18 wildly successful months of trading out of 20 is a truly spectacular track record, when trades go wrong there is little doubt it’s painful in the moment. Jacob’s new stock recommendation is BuildersFirstSource (BLDR).

Cabot Income Advisor

Monthly Issue August 25: As worries continue to gather, the bulls are still winning, at least for now. The S&P 500 and the Nasdaq just made new all-time highs. Strong earnings and a booming economy are outweighing concerns about the delta variant, the Chinese slowdown, inflation and a Fed tapering of bond purchases. Tom’s featured stock KKR & Co. (KKR). is a leading global alternative asset manager. The firm manages multiple alternative asset classes including private equity, energy, infrastructure, real estate, credit, as well as hedge funds through strategic partners.

Weekly Update August 18: Things are still good in the market. The S&P 500 closed at yet another record high on Monday. That index is now up 19.27% so far in 2021 after managing to return 15.76% in pandemic-stricken 2020. The market is rising despite growing concerns about the new virus strain and the possible negative effect on growth. There’s also the slowdown in China and the negative impact that will have on the global economy. But the magnificent earnings quarter is overriding these worries, at least for now.

Cabot Turnaround Letter

Weekly Update August 20: Today’s note includes earnings updates on Macy’s (M) and the podcast. There were no ratings changes this past week. Also, a few scheduling changes as the CTL is on vacation next week

Special Bulletin August 11: This afternoon we are moving Albertsons (ACI) from BUY to SELL. Albertsons’ shares continue to surge well past our 23 price target. Recent catalysts include more encouraging news that removes much of the pension overhang, strong earnings that point to more build-up of excess cash, and continued concerns over Covid that will help drive consumers back to grocery stores.

Monthly Issue July 28: It’s been a remarkably strong market, not just since the bottom of the pandemic-driven sell-off a little more than a year ago, but over the past decade. The 10-year annualized total return of the S&P 500 was 14.8% at the end of June, one of the strongest decades in history. Shorter-term gains have been even sharper: the 17.7% annualized return over the past five years, which bridges the pandemic sell-off, is simply stunning. Bruce’s has one buy recommendation: Walgreens Boots Alliance (WBA).

Ask the Experts

Cabot Profit Booster

Question: What are the 1 or 2 things that make you decide between putting on a straight put or call or doing something more advanced like a spread?

Jacob: If I think a stock could go up 20-30%, or even more, I will buy a straight call as I don’t want my upside limited. However, if I think the stock could go up only 5-10%, I would lean towards a bull call spread as my upside is limited, but I’ve lowered my cost on the trade.

Quarterly Cabot Analyst Meeting

The recording of the Cabot Prime Members Meeting with the Analysts from July 14, 2021 is now available for you to listen to at your convenience—click here for access. This private call with our analysts is one of your exclusive Cabot Prime member benefits.

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 ExplorerCabot Growth InvestorCabot Marijuana InvestorCabot Stock of the WeekCabot Undervalued Stock AdvisorCabot Dividend Investor
AGCBuy a 1/2
ASANBuy a 1/2
CCHWFSee Advisory
CGCSee Advisory
CRLBFSee Advisory
CURLFSee Advisory
FSRBuy a 1/2
GRWGSee Advisory
GTBIFSee Advisory
IBMBuy a 1/2
IIPRSee Advisory
JUSHFSee Advisory
LLYSell 1/3
MRVLBuy a 1/2Buy
NETHold 1/2Buy Another Half
PLTRBuy a 1/2
PSHZFBuy a 1/2
SEBuy 1/2Buy
SPCEHold 1/2
TCNNFSee AdvisoryHold
TPBSee Advisory
TRSSFSee Advisory
TSMBuy 1/2