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Cabot Prime Plus Week Ending June 17, 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 talks about the market’s latest leg down--it looks like the 3rd leg down as everything is getting trashed, though interestingly, some of the worst areas are finding support and growth stocks are showing morsel of relative strength. Still, Mike continues to advise a highly defensive stance while relaying a bunch of stocks showing support, with many holding areas they first hit a few months ago even as the indexes have cascaded lower.


The Easiest Way to Make 10% a Month in this Down Market

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3 Metals Outperforming Gold and the Market

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Advisory Services

Cabot Growth Investor

Bi-weekly Issue June 16: After a modest bounce in May and early June, another thunderstorm has hit the market, driving the indexes and most stocks to fresh lows.

Bi-weekly Update June 9: The major indexes are down modestly today after the European Central Bank laid out a plan to tighten policy. As of 215 pm, the Dow was down 157 points and the Nasdaq was off 129 points.

Cabot Top Ten Trader

Movers & Shakers June 17: The mid-May to early-June period saw the market take a few baby steps, which we wrote about here and in the Monday issues—it had put itself in position to do some good things in the intermediate term, but we had to see some honest-to-goodness strength and upside follow-through. Of course, that didn’t happen, with the bears smacking the major indexes last Thursday, keeping the trends down and keeping us defensive.

Weekly Issue June 13: The market did a decent job during the prior three weeks of getting in position to flash an intermediate-term green light, but it was a case of close but no cigar, and now the sellers are back at it, with stocks essentially having a mini-crash since last Thursday.

Cabot Undervalued Stocks Advisor

Weekly Update June 15: No earnings or major news from our companies this week. Rapid and large securities price changes may precipitate a financial crisis. More color on the overly-complex Aviva plc (AVVID) buyback transaction, and our favorite Father’s Day cartoon.

Monthly Issue June 1: We’re at the end of the beginning of the post-pandemic era. We moved shares of a healthcare stock from HOLD to SELL as it reached our price target. And, we moved shares of a consumer stock from BUY to HOLD as we want to re-think our outlook and valuation.

Cabot Stock of the Week

Weekly Issue June 13: As for today’s recommendation, it’s a Chinese stock in the EV space that has fallen 76% from its high of last year and is ripe for a rebound.

Cabot Explorer

Bi-weekly Update June 16: Legendary investor J.P. Morgan was often asked what the stock market would do. “It will fluctuate,” replied the taciturn Morgan. The psychology of the markets can be puzzling.

Bi-weekly Issue June 9: Aside from Sea (SE), which zoomed from 80 to 88 this past week, Explorer stocks were largely flat, which to some these days is a good week. This week we look at the history of market pullbacks and some encouraging analysis on bounce-backs and trade before getting to a new recommendation from Shanghai.

Cabot Small-Cap Confidential

Weekly Update June 16: While the market began to show some encouraging signs later in May and into early June, the past week and a half has been a mess. The S&P 600 Small Cap Index slipped back to its May low near 1139 on Monday and was holding OK there, until today.

Monthly Issue June 1: The market continues to be messy, but we’re going to take a partial swing at a profitable software company playing in a big, growth market – cloud services.

Cabot Dividend Investor

Weekly Update June 15: It’s happened. The market’s flirtation with the bear market precipice is over. It’s now a full-blown tawdry affair. The S&P 500 officially crossed into a bear market at Monday’s close (down 20% or more from the high on a closing basis).

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

Monthly Issue June 15: In the June issue of Cabot Early Opportunities we add a conservative stock from our Watch List that’s acted well over the last month and also take a partial position in an emerging player in the energy space. We also refresh the Watch List with a pure-play beverage stock, a biotech stock with a big date in November and another emerging energy name.

Alert June 13: The market is taking it on the chin today (again) as interest rates soar (+6% to 3.35% and a new 2022 high) and inflation/recession fears tick up. I had ZoomInfo (ZI) on high alert last week given its proximity to support near 33.8. Today that support level has cracked. Given the move we’ll step aside from ZI now. SELL

Alert June 10: Today’s inflation data (CPI) wasn’t expected to be great but was even a little worse than anticipated as consumer prices rose 8.6%. That’s up from 8.5% in March and 8.3% in April. One can slice and dice the data a lot of ways but if you want to flag the main issues, they are probably energy and food prices.

Cabot Profit Booster

Alert June 17: Despite many ups and downs, and a trade that went south fast (ZIM), the CPB portfolio held up fairly well during the most recent market rout. Not all trades are winners, but big picture, given the carnage, I’m fairly happy with June expirations trades. Let’s dive in

Weekly Issue June 14: This week’s covered call trade is a defensive play on a retailer that has outperformed its peers amidst the market mayhem.

Cabot Micro-Cap Insider

Weekly Update June 15: The bull market lasted from March 2020 to June 13, 2022. But now, we are officially in a bear market. In other words, the market (S&P 500) has declined by 20% or more from its peak. What happens next?

Monthly Issue June 8: Today, I’m recommending a company that has grown revenue at a 30% CAGR and EBITDA an 80% CAGR over the past 10 years. Despite this impressive growth, the company trades at just 5.3x EBITDA.

Alert May 27: I originally recommended buying BBX Capital (BBXIA) in October 2020 at a price of 3.17, shortly after its spin-off from Bluegreen Vacation Holdings (BVH).

Cabot Income Advisor

Weekly Update June 15: After the sharp selloff yesterday, the S&P 500 officially fell into bear market territory, down 20% or more from the high on a closing basis.

Monthly Issue May 25: It’s too soon to buy new stocks aggressively. But there is a safer place in the meantime to generate a high yield without much downside in the near term.

Cabot Turnaround Letter

Weekly Update June 17: No earnings or major news from our companies this week. We highlight several of our recommendations with high and likely sustainable dividend yields like Vodafone (VOD), Janus Henderson Group (JHG), Newell Brands (NWL), Holcim (HCMLY), Walgreens Boots Alliance (WBA), and Kraft Heinz (KHC). Shares of ZimVie (ZIMV) and M/I Homes (MHO) are being sold aggressively but perhaps not sensibly and offer a wide margin of valuation safety. And, our favorite Father’s Day cartoon.

Monthly Issue May 25: While the stock market has surged since its pandemic low, shares of many companies have sold off sharply and now trade below their March 23, 2020 level.

Cabot Money Club

Stock of the Month June 9: Are you tired of turning on your television first thing in the morning and getting heartburn over the market’s gyrations? Yeah, me, too. So, I’m swearing it off. I’m only going to peek at it a couple of times a day, since it doesn’t seem to be finishing the day as it starts, and I just don’t need the angst.

Monthly Magazine June 1: The Dow Jones Industrial Average closed May 18 down 1,164.52 points. Rates are rising, and inflation is cutting into our discretionary funds. It’s disheartening, for sure, but don’t give up! There are ways to maximize your portfolio and minimize your risk during these uncertain times. Just read on for some ideas that will help you navigate these uncertain times.

Cabot ETF Strategist

Monthly Issue June 14: The S&P 500 is now in bear territory, which should not be particularly surprising to anyone. The economy is slowing, inflation is high, war is still raging in Ukraine and China’s economy is not in good shape.

Weekly Update June 7: The Undiscovered Portfolio within ETF Strategist is delivering exactly the kind of return we’d hope to see in a down market, with three of four funds showing gains as of Thursday.

Ask the Experts

Cabot Growth Investor

Question: Mike, after Monday’s market drubbing which saw the new lows increase once again, but I wanted to get an idea what you are looking for in terms of “nuggets”? I also calculated that there were about 5/6 days of Net New Highs vs Lows (NYSE) last week, guessing most were energy related equites .. but wondered if that tells you anything.

Mike: Good question. Well, I would say we did see a positive divergence on Monday, with fewer new lows vs. early May. That said, we need to see things dry up, not just hit slightly lower but still huge readings. Also saw some positive divergences with bullish percent readings (a point and figure thing) – same interpretation.Honestly, at this point, that’s probably the main thing I’m watching – but overall, we just need to see a couple of up days. Let’s start with that and then can dive into the breadth and what-not.

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.