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 goes over the good (major indexes still acting well) and bad (growth stock rout) this week. In a nutshell, he’s not selling wholesale, but has raised cash as many names have broken down. Listen in for all his latest thoughts and advice.
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Cabot Growth Investor
Bi-weekly Update November 24: For growth stocks and indexes, there’s clearly been a lot of damage this week. Funds like ARK Innovation (ARKK) have hit new six-month lows, while broader indexes like the Next Generation Nasdaq (QQQJ) and Russell 2000 Growth (IWM) have slid all the way to their 50-day lines and given up big chunks of their October rallies.
Special Bulletin November 22: Growth stocks are getting hammered today despite a decent day from the indexes, with more cracking support and/or flashing iffy action. We’re still overall bullish, but we’re doing some selling today given the action of our stocks. In the Model Portfolio, we’re selling Dynatrace (DT) outright, selling one-half of Asana (ASAN) and selling one-third of Cloudflare (NET)
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.
Cabot Top Ten Trader
Movers & Shakers November 23: 2021 has been a year of chop and rotation, and yesterday was one of the bigger ones we’ve seen all year, with high-growth stocks of all stripes getting hammered while the rest of the market had a normal pullback.
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 24: Today we are moving General Motors (GM) from Buy to Sell. General Motors has made a remarkable transition from bankruptcy in 2009 to a highly-profitable and innovative contender in the rapidly changing global auto industry, driven by CEO Mary Barra. However, with the shares at about $62, we think the risk/reward trade-off has moved into unfavorable territory, and are thus moving the shares to Sell.
Weekly Update November 24: The stock market is shifting to a post-Covid environment that features slower post-bulge spending, higher interest rates and a relenting of supply chain issues. While nearly all stocks have surged in the bull market, we find that Citigroup (C) shares have been overlooked, and recommend them as a Buy. We also include comments on other recommended stocks.
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.
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 Issue November 23: Carl’s new recommendation Ford (F), has more than 160,000 nonbinding orders for its electric F-150 Lightning pickup truck, which is scheduled to go on sale this spring. Ford plans to produce 80,000 F-150s a year. Big picture, Ford plans to sell 600,000 EVs annually by 2023. By 2030, Ford expects to generate 40% of its revenue from electric vehicles (EVs).
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.
Cabot Dividend Investor
Weekly Update November 24: The market has leveled off over the last few weeks. But the indexes are still within bad breath distance of the highs. We should be in for more of the same in the months ahead as this high market is due to cool off. Let’s take some stock of where we are right now.
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 23: As we’ve learned from past corrections like this, they’re painful and emotionally draining. And like a lot of things, they come on much more rapidly than in the past. But they pass in due time, and they open up a lot of great buying opportunities. The trick is to make sure you have both the stomach and the capital to take advantage of those 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).
Cabot Profit Booster
Update November 22: On Friday the Marathon Oil (MRO) November 16.5 Call that we sold for $1.01 expired worthless, as oil stocks came under pressure. Today, MRO stock is up 2% along with its oil stock peers. We are going to take advantage of today’s stock gains to exit this stock position for a small loss, so we can move this capital into a fresher idea next week
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
Monthly Issue November 24: This great and epoch market recovery might be finally running out of gas. The S&P 500 is up over 100% since the bottom in March 2020. That means the market has gained as much value since that bottom as it had accumulated from the beginning of time until March of last year. It’s also up about 40% from the high before the pandemic and 10% just since early October. Such returns simply cannot continue.
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.
Cabot Turnaround Letter
Weekly Update November 24: In this week’s Friday Update, published on Wednesday, we discuss our reasons for moving General Motors (GM) from Buy to Sell. We also include brief news updates on Walgreens Boots Alliance (WBA), Vodafone (VOD) and Macy’s (M), along with our “unbiased” comments on the upcoming Ohio State - Michigan football game (ahem). 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 Early Opportunities
Question: What’s up with Kornit Digital? Been all over the place last week.
Tyler:KRNT announced a secondary offering with shares being sold both by the company (for which it will get cash) and by Amazon, which holds warrants. The stock took a hit on the announcement, then pricing was announced at 151 the next day. Investors realize this cash will likely be used for growth oriented investments and that demand for shares is very high. Overall a very bullish sign that shares are up following the pricing announcement.
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.