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Cabot Prime Plus Week Ending April 29, 2022

We are making the first issue of Cabot SX Crypto Advisor available to Prime Pro members with our compliments. You can download your free issue here.

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 starts off with many of the “secondary” positives out there, which, believe it or not, are frequently seen near major lows. However, they don’t mean much without actual buyers, and so far that’s obviously been lacking. Mike sees a couple of potential opportunities in commodity names, but overall he remains cautious with much more cash than stocks and is patiently waiting for the bulls to return.

UPCOMING CABOT EVENTS:

Cabot Micro-Cap Insider Live Analyst Briefing with Q&A

FREE MEMBER BRIEFING: May 12, 2022 Sign up now.

How to Take Advantage of the Booming Alzheimer’s Market

FREE WEBINAR: May 19, 2022 Sign up now.

Cabot Retirement Club Live Analyst Briefing with Q&A

FREE MEMBER BRIEFING: May 26, 2022 Sign up now.

Advisory Services

Cabot Growth Investor

Bi-weekly Update April 28: In the Model Portfolio, we’re now 64% in cash after another partial sale of Devon Energy (DVN) earlier this week; our only change tonight is moving Palo Alto Networks (PANW) to Hold.

Alert April 25: Remain cautious, as the selling pressures spread. There are still positive divergences under the surface, so we wouldn’t be surprised if the past few days of intense selling leads to at least a near-term bounce, but with the major evidence still negative, we remain cautious.

Bi-weekly Issue April 21: In this issue, we review some key measures that show just how severe this selling wave has been in recent months–and why, once it’s over, it should lead to a fresh bull market in growth stocks. We also highlight some new ideas in commodities and elsewhere while we continue to fine tune our watch list.

Alert April 20: The bleeding out among growth stocks is continuing today thanks in part to Netflix’s (NFLX) implosion, with the Nasdaq and most growth funds under pressure. There are some positives secondary signs out there from a market-wide perspective, but overall, the sellers are still in control and we’re cutting things that crack support. Today, that means ditching CarGurus (CARG), which has a lot going for it, but not enough to resist the broad selling pressures. We’ll sell today, leaving us with around 60% in cash.

Cabot Top Ten Trader

Movers & Shakers April 29: There’s been a lot of movement this week, with some recoveries and rallies as well as a big down day on Tuesday and again this morning. All in all, it’s shaping up to be another red week, with the S&P 500 and Nasdaq down just under 1% and broader indexes down a bit more.

Weekly Issue April 25: The sellers continue to come out of the woodwork, with a generally weak environment hitting a big air pocket to end last week, decisively dragging all indexes and the vast majority of individual stocks lower—we’re even seeing the selling spread to the commodity arena, with even the impenetrable defensive areas taking hits.

Cabot Undervalued Stocks Advisor

Weekly Update April 27: Earnings updates from Dow (DOW), The Coca-Cola Company (KO) and Sensata Technologies (ST) as well as comments on other recommended stocks.

Monthly Issue April 6: The first quarter was kind to our stocks, as they rose, on average, +8.8%, while the broad market fell. We comment on the sources of the gains and any recent news on our recommended stocks.

Cabot Stock of the Week

Weekly Issue April 25: Today’s recommendation, which recently hit new highs, has a crystal-clear story that ties into both the war in Ukraine and the long-term trend away from fossil fuels. The stock was originally recommended by Mike Cintolo in Cabot Top Ten Trader and here are Mike’s latest thoughts.

Cabot Explorer

Bi-weekly Issue April 28: Carl’s new recommendation Sociedad Química y Minera de Chile S.A. (SQM), produces specialty plant nutrients, iodine, lithium, potassium chloride and potassium sulfate, industrial chemicals, and other commodity fertilizers.

Bi-weekly Update April 21: Markets searching for direction received a boost yesterday as Tesla left earnings estimates in the dust. Quarterly profit was $3.3 billion on revenue of $18.8 billion. Despite the shutdown in China, Elon Musk said the company likely would produce more than 1.5 million vehicles in 2022, up 60% over last year.

Cabot Small-Cap Confidential

Update April 28: It’s hard to put a positive spin on the market’s action over the last week. The bottom line is investor sentiment is the pits and most stocks have been sliding. We owe Microsoft (MSFT) a debt of gratitude for stepping up with a good report and showing that things aren’t actually as bad in tech land as everybody seems to think!

Alert April 27: Shutterstock (SSTK) surpassed EPS expectations and missed by a slim margin on revenue. Revenue was up 8.6% to $199 million (missed by about $3 million) while GAAP EPS of $0.71 beat by around $0.07. The revenue miss is attributed to foreign exchange involving Russia/Ukraine (Shutterstock donated $1 million to Ukraine).

Monthly Issue April 7: Tyler’s new recommendation Silvergate Capital (SI) is a commercial bank located in La Jolla, CA providing financial infrastructure and services to the digital currency industry. It has a market cap of $3.6 billion.

Cabot Dividend Investor

Weekly Update April 27: It’s the heart of earnings season. More than a third of all S&P 500 companies report this week. Can the earnings barrage save this market?

Monthly Issue April 13: The market situation is changing. Amidst persistent high inflation and concerns about future economic and earnings growth, investors are adjusting. Energy is up nearly 40% YTD as that sector benefits from inflation. Utilities and Consumer Staples are also thriving as investors focus on value, defense, and income in the market uncertainty.

Cabot Early Opportunities

Alert April 22: The market got off to a decent start to the week, but things have deteriorated for many names over the last two days. There are a few stocks that I had anticipated selling relatively soon, hopefully into some strength.

Monthly Issue April 20: In the April Issue of Cabot Early Opportunities, we take a look at the earnings calendar for our current portfolio and spread new research around by covering a diverse group of small-cap companies. We have a newly public (again) pet retailer, a leaner and meaner defense and aerospace company, and a rising star in the fitness studio space. We also upgrade two stocks from our Watch List (and ditch a few others), including a key supplier for the EV market and a rapidly growing IT services company.

Cabot Profit Booster

Weekly Issue April 26: This week we will be looking to take advantage of the current historic trend that’s taking place in the travel industry as seen through major U.S. airline carrier, United Airlines (UAL).

Alert April 14: Today is the expiration of April options. Because I am on vacation this week I won’t dive deep into the profits, and one potential loss, for these positions until next week. However, most importantly, for today the “headline” is that you don’t need to act on any of our April positions.

Cabot Micro-Cap Insider

Weekly Update April 27: The market isn’t much fun these days with the S&P 500 down ~10%. And unfortunately, it’s probably not going to get much better in the near term.

Monthly Issue April 13: The company that I’m recommending today is a perfect example. It provides the “picks and shovels” to the massive Alzheimer’s market. It is growing revenue at a 20%+ clip yet trades at only 33x earnings (not revenue!). An opportunity like this would not exist in the large-cap market. With that, with that, let’s dive into my latest idea, Cogstate (COGZF).

Cabot Income Advisor

Monthly Issue April 27: Stocks are turning distinctly more bearish in the near term as slower growth in China hits a market that was already teetering in anticipation of a more aggressive Fed.

Weekly Update April 20: Earnings might be saving this market. That’s the good news. The bad news is that the market needs saving, and for good reasons.

Cabot Turnaround Letter

Weekly Update April 29: Due to unexpected circumstances, the Cabot Turnaround Letter monthly edition for May will be published on a one-week delay. Also, today’s note will not include the podcast. We apologize for the inconvenience.

Monthly Issue March 30: All companies are collections of assets. When companies are struggling, a new CEO can redirect how those assets are utilized – a valuable catalyst for a turnaround. We highlight three recent CEO changes and how they might help drive up the value of their companies.

Cabot Money Club

Monthly Magazine April 29: Since the market bottom on March 6, 2009—when the Dow Jones Industrial Average sunk to 6,469.95—investors have lined their pockets with lots of coin. Sure, COVID sent the markets reeling—down to 19,173.98 on the Dow in March 2020—but since then, boy, have we recovered! Despite recent volatility—due to rising interest rates and inflation, as well as the war in Ukraine—the Dow is getting close to breaking records again, closing at 35,116.35, as I write this.

Stock of the Month April 14: See-sawing—that’s what these markets bring to mind. And I think we can expect more of the same, due to three factors...

Cabot ETF Strategist

Weekly Update April 26: This week, we’re giving you a trade alert for the Undiscovered portfolio, which, as we’ve noted, trades more frequently than the strategic allocations.

Monthly Issue April 12: In this month’s issue, we focus on the smaller, and lesser known ETFs featured in the undiscovered portfolio. While asset allocation is a tried-and-true method for longer-term investing, you can boost your return with ETF trading. That’s what the undiscovered portfolio is designed to do. With market volatility remaining, this portfolio gives you an opportunity to capture excess returns from asset classes outperforming the broader market.

Ask the Experts

Cabot Top Ten Trader

Question: Question about managing partial positions. What are some key things you look for that gives you conviction to fill out partial positions? And when you do increase the position size, would you move up stops to manage risk?

Mike: Thanks for writing. Well, first, we want to see profits – we don’t want to average down. Yes, sometimes it can work, and if you did it here or there it’s not a sin – but the idea is to use these positions and the market as a feedback mechanism, and so far, the market hasn’t rewarded these things.

Thus, a stronger market and some profits would have us averaging up. And yes, if we did that, we’d look at where our average cost is and would figure a stop somewhat based on that and the chart (but the stop would be higher than the initial loss limit, which we usually keep loose on half positions, especially in these markets).

Quarterly Cabot Analyst Meeting

The recording of the Cabot Prime Members Meeting with the Analysts from January 12, 2022 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 Pro member benefits.