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, Tyler Laundon describes the current market as being in a consolidation phase that’s likely to persist through the Thanksgiving Holiday. He doesn’t rule out either a run higher or a pullback into year end, but says his big picture thinking is to lean bullish, allocate funds to stronger performing names and keep tight stop loss limits on new positions. Stocks discussed include: KRNT, ABNB, MRVI, SE, COIN, AAPL, MSFT, CRWD, S, HUBS.
UPCOMING CABOT EVENTS:
Cabot Retirement Club Member Call
FREE MEMBER CALL: November 23, 2021 Sign up now.
4 Common Options Trading Mistakes - and How to Fix Them
FREE WEBINAR: December 7, 2021 Sign up now.
Advisory Services
Cabot Growth Investor
Bi-weekly Issue November 18: It’s still a bull market, but there’s no doubt we’re seeing some hesitation following the three-week moonshot off the early-October lows—there have been some earnings-related hits, some news-driven dips and, earlier this week, one of our stocks (CRWD) cracked after being repeatedly rejected by resistance.
Special Bulletin November 15: The market remains in fine shape, but near-term potholes continue to be seen. Today, we’re taking some action, selling CrowdStrike (CRWD), which is flashing abnormal action today. That will leave us with around 27% cash in the Model Portfolio.
Bi-weekly Update November 11: Remain bullish, but keep your eyes open. At this point, the dip in the market and most growth stocks is normal, coming after a huge run and breaking hardly any leaders. That said, further near-term weakness wouldn’t be surprising, and you should monitor your weakest stocks in case the selling intensifies. In the Model Portfolio, we placed Dyantrace (DT) and Floor & Décor (FND) on Hold in yesterday’s special bulletin but have no further changes tonight. Our cash position is around 18%.
Cabot Top Ten Trader
Movers & Shakers November 19: Onto the market, it’s been another relatively tame week for the major indexes—the Nasdaq is leading the way (though only up 1% or so) while the S&P 500 is near flats-ville. However, there’s little question that the near-term correction/consolidation has continued under the surface.
Weekly Issue November 15: Big picture, we remain quite bullish, with the strong trends in the major indexes and the huge amount of big base breakouts (including many on earnings) likely to bode well when looking out a couple of months. Mike’s Top Pick is Trex (TREX), which blasted out of a long consolidation on earnings last week.
Cabot Undervalued Stocks Advisor
Special Bulletin November 18: With today’s 9% intra-day price drop following a disappointing near-term outlook, Cisco (CSCO) shares look more attractive and we would buy/add to positions here, as the long-term fundamental picture remains healthy.
Weekly Update November 17: Is Rivian (RIVN) really worth $720,000/vehicle, or 43x what General Motors (GM) is worth? We also include earnings updates from Arcos Dorados (ARCO), Aviva plc (AVVIY) and Organon (OGN), as well as comments on other recommended stocks.
Monthly Issue November 3: Along with our review of General Motors’ (GM) earnings, we briefly outline our concerns about its shares. We comment on earnings from Bristol-Myers (BMY), Merck (MRK), ConocoPhillips (COP) and Molson Coors (TAP).
Cabot Stock of the Week
Weekly Issue November 15: Tim’s featured stock Verano Holdings (VRNOF), is a vertically integrated multistate operator, with 89 retail locations in 12 states (Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio and Pennsylvania) as well as 11 cultivation and production facilities. The company’s main brands are Verano (flower, pre-rolls, vapes and concentrates), Encore (gummies, hard candies, mints and chocolates), Avexia (the company’s medicinal brand, blending THC and CBD to alleviate pain and discomfort), Zen Leaf (retail dispensaries) and MÜV (medical dispensaries).
Cabot Explorer
Bi-weekly Update November 18: There is one topic that brings together Wall Street, Hollywood and Silicon Valley – the metaverse. While “metaverse” definitions are varied, the idea of bringing people together in a virtual interactive world is, as they used to say, the talk of the town.
Bi-weekly Issue November 11: Inflation stays high, infrastructure week arrives, and Rivian stock surges while markets sold off a bit yesterday. The weakness yesterday halted some good rallies among Explorer stocks. We continue to explore new ideas and for this week’s recommendation, we go into the Cloud for a familiar name.
Cabot Dividend Investor
Weekly Update November 17: The bull market is back. But there seems to be a disconnect between recent stock performance and the headlines. What’s going on? The short answer is that the good news is outrunning the gathering problems, for now. Earnings are killing it. Companies have not been negatively affected by inflation or supply shortages, at least not yet.
Monthly Issue November 10: Tom’s featured stock Valero Energy (VLO), is the largest petroleum refiner in the U.S. It has 15 petroleum refineries and markets products in 43 states, Canada and the U.K. It is also one of the largest producers of ethanol and has a rapidly growing renewable diesel business.
Cabot Marijuana Investor
Monthly Issue November 17: The chatter at the moment is centered on South Carolina Republican Representative Nancy Mace, who this week introduced the States Reform Act, which would remove marijuana from the Controlled Substances Act while ensuring that businesses in states where marijuana is currently legal can continue to operate unimpeded by changing federal rules, and would establish a federal tax rate of 3%, down from 3.75% in an earlier version, and significantly lower than competing Democratic proposals.
Update November 10: After a nine-month-long and very deep correction, during which the Global Cannabis Index fell 54% and many stocks fell farther, there was strong buying in the sector on Friday and Monday, signaling that the correction in the sector is likely over.
Cabot Early Opportunities
Special Bulletin November 17: Shares of DLocal (DLO) are getting hammered today (-20%, roughly) after the company released formal Q3 results. Recall, preliminary results were released in October at the time of the secondary offering (priced at 52.25, versus stock at roughly 37 mid-day today).
Monthly Issue November 17: Same as last month, we’re leaning bullish but keeping an ear to the ground as there are plenty of potholes out there that could trip up the market. Our efforts to manage our portfolio size are working as we’ve been able lock in several profitable positions over the last month, while keeping most of our strongest performers. Tyler’s top pick is Coinbase (COIN).
Special Bulletin November 11: AppLovin (APP) reported Q3 2021 results that surpassed expectations on the top line and missed on the bottom line. Maravai (MRVI) reported Q3 results yesterday that surpassed expectations.
Special Bulletin November 10: Upstart (UPST) reported Q3 results yesterday, and the stock is taking it on the chin this morning despite strong results. The main issue is the stock’s price had already factored in a ton of great news, so the report needed to be amazing to justify the share price.
Cabot Profit Booster
Update November 18: The November expiration cycle was a great month for the Cabot Profit Boosterportfolio as we will have three positions expire for full profits (IGT, BLDR, DDOG), while one is at a profit though it may not reach its peak potential (MRO).
Weekly Issue November 16: After five straight weeks of gains, the market finally took a breather last week. The S&P 500 dipped 0.3%, the Dow fell 0.6%, and the Nasdaq lost 0.7%. Inflation was the focus last week with the release of the much-anticipated producer price index (PPI) and the consumer price index (CPI). Jacob’s new stock recommendation is Goodyear Tire & Rubber (GT).
Cabot Income Advisor
Weekly Update November 17: What inflation? What supply-chain issues? Headlines be damned. This market is on the cusp of yet another new all-time high. The market is outrunning the rising concerns, for now. Inflation and supply shortages aren’t spoiling company profits. Meanwhile, the economy is still strong. Retail sales numbers are great. Homebuilder sentiment is the highest in six months.
Monthly Issue October 27: The market is at another new all-time high. The S&P 500 is up almost 100% since the bear market low in March of last year. Stocks have fully recovered from the pandemic and then some, or so it may seem. Tom’s featured stock FS KKR Capital Corp. (FSK), is the second largest publicly traded BDC that specialized in high interest secured loans to middle market U.S. companies.
Cabot Turnaround Letter
Weekly Update November 19: This week’s Friday Update includes our comments on earnings from Macy’s (M), Toshiba (TOSYY), and Vodafone (VOD). In the podcast, we discuss other recommended companies, compare shares of Rivian Automotive (RIVN) and Lucid Motors (LCID) to cans of sardines, and share some thoughts on the Ohio State Buckeyes football team. The monthly letter will be published on December 1.
Special Bulletin November 8: This afternoon we are moving shares of Signet Jewelers (SIG) from BUY to SELL. Although our initial price target was 29, the company’s fundamentals have improved immensely, and our current price target is 94. With the shares now trading just over 104, our willingness to raise our target again is limited, given the risk/return trade-off, so we are moving the shares to a SELL.
Monthly Issue October 27: We make our case for four consumer staples stocks that have been discarded and now look like bargains, including Campbell Soup (CPB), Calavo Growers (CVGW), Energizer Holdings (ENR) and Utz Brands (UTZ). We also discuss four decent banks with P/Es below 10x, including Amalgamated Financial (AMAL), Citigroup (C), Hope Bancorp (HOPE) and Horizon Bancorp (HBNC). Our featured BUY is Kaman Corporation (KAMN). Investors see a low-margin aerospace contractor tied to the soft commercial jet market and a fading weapons igniter program, but we see a beaten-down stock of a company with capable new leadership that is working to highlight a valuable precision engineering segment that otherwise is hidden behind several lackluster businesses.
Ask the Experts
Cabot Profit Booster
Question: My position in MRO for Profit Booster was called today before your option update arrived. Am I correct in assuming the owner of the option exercised his right so that he could collect the dividend in addition to the stock this Friday?
Jacob: You are correct, this trader was likely trying to capture the dividend ... though I would note, this was not the best move by the trader who exercised the calls. It may work out for him, but the math was NOT in his favor to do this, especially with the stock still close to the strike price. Big picture, you get your profits early, which is a totally good scenario.
Quarterly Cabot Analyst Meeting
The recording of the Cabot Prime Members Meeting with the Analysts from October 13, 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.