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Cabot Prime Plus Week Ending July 29, 2022

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 says this week was one of the most encouraging of the year, with the indexes building on their intermediate-term green light last week despite a spate of big earnings reports and a Fed rate hike. He still sees lots of headwinds, though, and most of the action is in stocks coming off the bottom–that’s not bad, but he’s still patiently waiting fresh leadership to emerge, taking it day by day and step by step. So far, though, there’s no question the evidence is improving. Stocks mentioned in this video include: ENPH, ARRY, FSLR, PWR, GTLS, BMBL, GTLB, PSTG, CMG, FIVN,TSLA.


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Cabot Growth Investor

Bi-weekly Update July 28: The market’s slow, steady improvement continues, with our Cabot Tides turning positive last week and some more stocks starting to shape up. That said, we still think it’s best to go slow here, partially due to more time being needed for setups to emerge, and partly because so many names we’re watching actually report earnings in the next week or two; the reactions will go a long way toward telling us if this rally has legs.

Bi-weekly Issue June 30: The first half of the year is in the books, and it was a doozy, but we’re glad we’ve been able to sidestep a good chunk of the historic damage. Now the focus is on what’s next, and it’s important to respect the evidence today (we’re remaining highly defensive) but also stay flexible; we have seen some relative strength in some growth areas and we’re open to whatever comes.

Cabot Top Ten Trader

Movers & Shakers July 29: Given last week’s intermediate-term green light was running into a bunch of headline events—a slate of mega-cap earnings reports, the Fed’s decision, GDP, etc.—we’d have to say this was one of the more encouraging weeks all year: The S&P and Nasdaq are both up more than 3% including this morning’s pop, while everything else is up a bit more.

Weekly Issue July 25: This week’s list has a bunch of names that have shown solid power of late, though most do report earnings within the next two or three weeks, so be sure to keep things small and aim for dips.. Our Top Pick is an innovative software firm whose stock is actually tightening up after a good-looking bottoming process.

Cabot Undervalued Stocks Advisor

Weekly Update July 27: The earnings deluge is here. We comment on earnings from our recommended companies including The Coca-Cola Company (KO) and Sensata Technologies (ST).

Monthly Issue July 6: Investors are facing two consensus forecasts that wouldn’t seem to be possible at the same time: pending recession and stable/rising earnings estimates. We look at how our cyclical stocks have been beaten down even as their earnings estimates remain largely steady.

Cabot Stock of the Week

Weekly Issue July 25: For the first time in months, stocks actually have a bit of momentum. Is it sustainable? Or another false start? Too early to tell. But it’s a good time to keep adding beaten-down names that are finally showing signs of life. This week’s new recommendation fits the bill, and has been a big winner for Carl Delfeld since he added it to his Cabot Explorer portfolio earlier this month.

Cabot Explorer

Bi-weekly Update July 28: The S&P 500 is down about 20% so far this year, putting it on pace for the worst first half in five decades. The return of inflation, a weaker Chinese economy and the Ukraine conflict have all hit growth and weighed on stocks.

Bi-weekly Issue July 21: Stocks are on track to post gains for July as Explorer recommendations have a good week with new pick Centrus Energy (LEU) up 20% followed by Cloudflare (NET), up 15%. Now, we head to Germany for today’s pick.

Cabot Small-Cap Confidential

Weekly Update July 28: With this morning’s first read of Q2 GDP coming in at -0.9% and marking the second consecutive quarter of negative growth (Q1 GDP was -1.6%), many are claiming (or soon will claim) the U.S. is in a recession.

Monthly Issue July 7: There are hundreds of thousands of people around the world dealing with end-stage organ failure. The underlying causes are demographic trends contributing to chronic disease.

Cabot Dividend Investor

Weekly Update July 27: Many are dubbing this week the most important of the year in terms of financial and market news. There are a slew of important earnings reports, a Fed meeting and likely rate hike, and the second-quarter GDP report.

Monthly Issue June 8: It’s a raging bear market in technology. But technology has been by far the best performing sector for well over a decade for good reasons.

Cabot Early Opportunities

Alert July 29: On June 15 I added Grocery Outlet (GO) and that stock his now up roughly 14%. Last week GO bumped up against its 2021 high near 46.6 and has pulled back 5% since. While shares could certainly break higher after earnings (in two weeks) in this environment anything can happen and I think the odds of a “break and run” are not in our favor. Let’s lock in the gain now. SELL

Monthly Issue July 20: In the July Issue of Cabot Early Opportunities I snag two stocks from our Watch List and profile three fresh names that have caught my eye. Officially, we add three of these positions to our portfolio, including a rapid growth software stock, an oil and gas producer with a growing midstream asset base, and a rapidly expanding coffee shop.

Cabot Profit Booster

Weekly Issue July 26: This week we are going to make a play on Qualcomm (QCOM), which is due to report earnings on Wednesday. And while there is risk in executing a trade ahead of earnings, we are going to play it conservatively by selling an in-the-money call.

Alert July 18: On Friday the July calls that we sold against our JD and EQT stock positions expired worthless. Today, both stocks are trading higher, and I want to sell a new set of calls against each. Here are those trades, and approximate prices.

Cabot Micro-Cap Insider

Weekly Update July 27: This week, we had a decent amount of news as earnings have started to get under way

Monthly Issue July 13: Today, I’m recommending a U.K. natural gas company that is trading at a ridiculously cheap valuation and is run by capable operators who generated a 40x return on their last natural gas company.

Cabot Income Advisor

Weekly Update July 27: This week’s GDP number should confirm that we are in a recession. That might be good news for the market.

Monthly Issue June 22: There is overwhelming historical evidence that buying good stocks in bear markets is a highly successful long-term strategy. After all, it’s better to buy stocks cheap. And the market always trends higher over time. The truth is that buying stocks in a bear market is the most successful investment strategy ever devised.

Cabot Turnaround Letter

Weekly Update July 29: Comments on earnings from Dril-Quip (DRQ), General Electric (GE), Holcim (HCMLY), Janus Henderson Group (JHG), Kraft Heinz Company (KHC), Lamb Weston Holdings (LW), M/I Homes (MHO), Newell Brands (NWL), Polaris (PII), Shell plc (SHEL) and Xerox Holdings (XRX). There were no ratings or price target changes this week. The Friday Update includes The Catalyst Report… a valuable research tool unique on Wall Street. As a reminder, we will be publishing the August edition of the Cabot Turnaround Letter next Wednesday.

Alert July 14: We are moving shares of Credit Suisse (CS) from Buy to Sell.

Monthly Issue June 29: The monthly issue was published this week, with updates on our outlook for the stock and high yield bond markets. Our feature recommendation is ESAB Corporation (ESAB). We comment on the sloppy earnings from Walgreens Boots Alliance (WBA), provide updates on General Electric (GE), Toshiba (TOSYY), Wells Fargo (WFC), Credit Suisse (CS), Xerox (XRX) and TreeHouse Foods (THS).

Cabot Money Club

Stock of the Month July 14: Interest rates are still rising, as the Federal Reserve boosted short-term rates by 75 basis points last month, to try to stem the growth of inflation. There are some signs that it may be working. The 30-year mortgage rate actually saw a couple of decreases early last week, but nudged a bit higher on Friday, to a 5.94% average national rate. And gas prices have declined nationwide to $4.66 per gallon, from $4.68 this time last week. I know that’s not much, but, hey, we’ll take what we can get!

Monthly Magazine June 24: Remember when COVID fees like disinfection charges, personal protection equipment fees, and other miscellaneous charges were added on to restaurant tabs? One of the steepest charges was the “temporary COVID-19 Recovery Charge” of up to 10% of total bills in New York City, approved by the New York City Council. During the pandemic, these fees were life-saving tactics for many businesses—restaurants in particular—that saw their sales drastically erode.

Cabot ETF Strategist

Weekly Update July 26: A sudden surge in the U.S. dollar over the past year has bought good and relatively bad news for some firms. With the dollar strengthening, American companies with significant imports have benefitted from cheaper foreign exchange trade. Meanwhile, companies with a more global business are suffering because the strong dollar is affecting their performance.

Monthly Issue July 12: Since last month’s issue, we’ve seen continued volatility in the U.S. equity markets. Trading volume was among the slowest this year; according to Dow Jones Market Data Group, the typical daily volume in the New York Stock Exchange is close to 5 billion. However, this year, it has been around 4 billion.

Ask the Experts

Cabot Small-Cap Confidential

Question:Tyler, any opinion on whether to buy Fiverr (FVRR)? I’m seeing some positive comments.

Tyler:I think it’s one of many beaten down names that remain a “wait-and-see” story since the chart isn’t showing any sort of uptrend yet. Some of these will undoubtedly pop on positive surprises. But the odds of picking the few out of the haystack aren’t great, in my opinion. Better to go with stocks that have at least a little momentum (in addition to a good story, numbers, etc.).

Cabot Options Trader

Question: I wanted to know your thoughts on the LYFT trade on the watchlist: Buyer of 4,300 Lyft (LYFT) October 15 Calls for $1.34 – Stock at 13

Jacob: I think LYFT looks like “hot garbage”, like many former growth leaders. That being said, I have no issue with taking a speculative shot with those calls ... they are very inexpensive headed into earnings on 8/4.

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.