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One stock reports a slight first quarter earnings beat; and another moves from Strong Buy to Hold.

Rather than ignoring or hiding from losing positions, investors should turn those losers into valuable portfolio assets or look to capitalize on underperforming stocks where the selling has been overdone.

In today’s note, we discuss pertinent developments for several of the stocks in the portfolio, including Agnico Eagle Mines (AEM), Alcoa (AA), Atlassian (TEAM), GE Aerospace (GE), Paramount Global (PARA), SLB Ltd. (SLB) and Starbucks (SBUX).


Gold and silver continue to benefit from safe-haven buying, boosting our holding of Agnico Eagle Mines (AEM).

As expected, the market lost a little steam during the past few days, with buyers showing little interest after stocks ramped higher in previous weeks. Of course, the sellers aren’t showing much muscle, either, resulting in a short-term rotational, choppy environment. What about the long-term? Could the rally have already run its course? Sure, it’s always possible, especially given the stop-start environment since early 2011. But the evidence points to an intermediate-term (and longer-term) uptrend in the indexes and most stocks, so you should remain bullish. That doesn’t mean you can’t book a few partial profits on the way up, but you should also hold on to most of your best performers.

This week’s list has some different names, including a few that have recently strengthened after many months of idling. Our favorite of the week is Jazz Pharmaceuticals (JAZZ), a former small-cap leader of 2010 and 2011 that consolidated for the better part of a year before breaking out last week.

Stock Name	Price	Buy Range	Loss Limit
Computer Sciences (CSC)	0.00	31.5-33	-
Concur Technologies (CNQR)	0.00	72-74.5	-
Google Inc. (GOOG)	0.00	710-730	-
HCA Healthcare (HCA)	137.60	31-32	-
Jazz Pharmaceuticals (JAZZ)	0.00	54-58	-
Mellanox Technologies (MLNX)	92.00	104-108	-
MCO (MCO)	0.00	44-45	-
Phillips 66 (PSX)	0.00	45-47	-
Barrick Gold (GOLD)	27.20	114-119	-
Royal Gold, Inc. (RGLD)	129.66	90-95	-

We’re still in the midst of a market correction that began in late January. I consider this correction to be perfectly normal, and unrelated to politics, economics, natural disasters or war. In short, the stock market rose for 15 months without resting, and it was overdue to rest. Sometimes things really are that simple.

In today’s note, we discuss pertinent developments for some of the stocks in the portfolio, including Agnico Eagle Mines (AEM), Dollar Tree (DLTR), GE Aerospace (GE), Goodyear Tire & Rubber (GT), Intel (INTC), Paramount Global (PARA), SLB Ltd. (SLB) and UiPath (PATH).

Agnico Eagle (AEM) is poised to benefit from a major change in the balance of global reserve assets.

Current Market Outlook


Given the strong October run-up, we weren’t surprised to see the market retreat last week. However, the severity of the dip in both indexes and individual stocks was a yellow flag—many indexes dipped below their 50-day lines, lots of lagging stocks were crushed and even the leaders came under pressure on Friday and today. The action isn’t necessarily a death knell for the rally, but it does put it back on the fence; we’re switching our Market Monitor back into the neutral zone. It’s vital to get rid of losers, honor your stops and remember to book some partial profits in your winners. And as for new buying, it’s prudent to keep new positions small until we see the rally perk up again.

This week’s list has a broad mix of stocks and sectors—no unifying theme but a bunch of good charts and stories. Our Top Pick is Fleetmatics (FLTX), a unique software company with steady growth and a huge opportunity. Try to buy on dips.

Stock Name	Price	Buy Range	Loss Limit
Tyler Technologies (TYL)	0.00	164-170	148-150
Charles Schwab (SCHW)	0.00	31.5-33	29-29.5
NetEase, Inc. (NTES)	0.00	141-147	128-130
Kite Pharma (KITE)	0.00	75-78	66-68
Global Payments Inc. (GPN)	0.00	67-69	61-62
Alphabet, Inc. (GOOGL)	0.00	730-750	680-690
Fleetmatics Group PLC (FLTX)	0.00	55.5-58.5	51.5-52
New Oriental Education (EDU)	113.97	26-27.5	23-23.5
A.O. SMITH (AOS)	0.00	74-76	70-70.5
Alkermes (ALKS)	0.00	69.5-72	64-65

Up 61% since Konrad Kuhn’s January recommendation, the small cap Elephant Talk Communications is this year’s best-performing Top Pick so far. “Elephant Talk Communications,...

First, Baidu (BIDU) is the Chinese equivalent of Google. Both companies get 99% of their revenue by presenting ads to Internet users. But Baidu is just 1% of the size of Google, as measured by revenues, and 5% the size as measured by market capitalization. And it’s growing twice as fast as Google. Furthermore, Baidu’s market penetration is far less than Google’s and it’s addressing a far larger population, so its growth prospects are substantially greater.

In today’s note, we discuss pertinent developments for some of the stocks in the portfolio, including Agnico Eagle Mines (AEM), Alcoa (AA), Centuri Holdings (CTRI), GE Aerospace (GE), Paramount Global (PARA) and SLB Ltd. (SLB).

Agnico Eagle (AEM) CEO explains why his company is one of the industry’s top performers.

In today’s note, we discuss pertinent developments for some of the stocks in the portfolio, including Alcoa (AA), Janus Henderson Group (JHG), Paramount Global (PARA), Starbucks (SBUX) and Teladoc Health (TDOC).

In today’s note, we discuss pertinent developments for some of the stocks in the portfolio, including Agnico-Eagle Mines (AEM), GE Aerospace (GE), Paramount Global (PARA), Sirius XM (SIRI), Teladoc Health (TDOC) and UiPath (PATH).

Gold and silver continue to benefit from safe-haven buying, boosting our holding of Agnico-Eagle Mines (AEM).

Trump’s tariffs are directly, or indirectly, roiling some of holdings, including Sirius XM (SIRI) and UiPath (PATH). The favorable long-term outlooks for both stocks remain unchanged, however.

In today’s issue, I add a mid-cap tech stock to the Dividend Growth tier, provide updates on all our holdings, and share some of my favorite investment resources.

FANG stocks - Facebook, Amazon, Netflix, Google - have been stuck in the mud for five months. It’s no coincidence that the market hasn’t budged either.

The use of digital wallets is expanding rapidly across the globe but the U.S. is lagging the rest of the world in adoption. This month, let’s explore everything you need to know about digital wallets—from what they do and how they work to which options are the best for consumers and how they keep your money safe—before they complete their takeover of the payments world.

A coming reorganization in sector classification will trigger a major shakeup in sector funds. That means short-term market volatility - and opportunity.

One way we beat the averages is stock selection. We want you to own great stocks in bull markets, like NBTY (NTY).