
Current Market Outlook
Impeachment talk stole the headlines last week, and China trade issues remain one of the chief economic concerns, but overall, the market remains healthy, with all major indexes in uptrends and most just a couple of weeks off their recent highs. Nevertheless, making money remains difficult, as the forces of rotation have been sending old leaders to the locker room and trotting out fresher new leaders to take their place. This is actually good for the health of the bull market, but it does make investing more difficult, so you should continue to tread carefully, in particular by choosing low-risk entry points and being ruthless at cutting loose your worst performers. As for the market monitor, we’ll stand pat this week, as the flurry of selling late last week has created some decent entry points.
This week’s list includes a great variety of stocks, and our Top Pick is a lower-risk insurance stock, Arthur J. Gallagher (AJG), which has been building a base over the past couple of months and looking ripe to resume its uptrend.
| Stock Name | Price | Buy Range | Loss Limit |
|---|
| Arthur J. Gallagher (AJG) | 89.27 | 87-91 | 84-86 |
| Chubb Group (CB) | 153.34 | 156-164 | 150-152 |
| Entegris (ENTG) | 48.08 | 46-48 | 41-42 |
| Garmin (GRMN) | 97.45 | 81-87 | 77-78 |
| Insulet (PODD) | 175.69 | 154-168 | 145-147 |
| Jabil Inc. (JBL) | 41.50 | 34-36 | 31-32 |
| MasTec, Inc. (MTZ) | 66.65 | 62-65 | 59-61 |
| Synnex Corp. (SNX) | 129.70 | 110-113 | 105-108 |
| Taylor Morrison Home (TMHC) | 27.51 | 24-26 | 22-23 |
| Weight Watchers International, Inc. (WW) | 35.33 | 35-38 | 30-32 |