Adobe Systems (ADBE 94): Adobe obviously isn’t a young company, but its shift to a subscription-based revenue model has led to a huge boost to business, and the firm’s software is used for graphic design, video editing, web development, photography and more—all of which are vital these days. The stock is holding firm after a decent earnings gap two weeks ago.
Ellie Mae (ELLI 88): ELLI has pushed to new highs after a quiet post-earnings breather. Housing trends remain positive (Lennar just posted a great quarter), which should bode well for the company’s mortgage-facilitation software.
Five Below (FIVE 41): The quarterly report was well received, and the long-term outlook looks great. Now we want to see a lower-risk entry point. See page 5.
Market Vectors Gold Miners Fund (GDX 20): We’re still watching for a successful test of the 50-day line, which could offer a decent entry point.
ProShares Ultra S&P 500 (SSO 64) or other leveraged long funds: If the “blastoff” indicator mentioned on page 1 works out, a leveraged long fund will be a low-stress way to make good money in the months ahead.
Sprouts Farmers Market (SFM 29): This is another cookie-cutter story we think will do very well in the years ahead, though admittedly, growth isn’t quite as rapid as we’d prefer. See page 5.
Steel Dynamics (STLD 23): Steel stocks continue to act bullishly in the wake of a huge U.S. tariff on imports. STLD is the head of the class in the sector. See page 7.
Wynn Resorts (WYNN 94): WYNN is due for a rest, but with gambling in Macau showing signs of picking up, and with a new casino-resort set to open later this year, we think a sustained uptrend is likely.