Yesterday, Top Equity News’ sector scorecard unveiled our technical analysis results for buying into some sectors and avoiding others. Today, TEN’s plan is to bring a few tradable stocks from the buy columns to your attention.
Many academic studies have shown that pinpointing the right sectors/industries is perhaps the single most influential factor in picking winning stocks.
Top Equity ran more than 2,000 stocks form our emerging buy & sell lists through our screening meat-grinder. The idea is to single out companies that are ready to move right now.
Healthcare Realty Trust (HR) is a real estate investment trust that engages in the ownership, acquisition, management, and development of real estate properties associated with the delivery of healthcare services in the United States.
Yesterday, the REIT broke out of a box on strong volume. In addition, we see a bullish MACD crossover on HR’s chart. If the stock price can handsomely close above $22, Healthcare Realty Trust will have a springboard to head towards $27. Tack on a 5.70% dividend yield and long-term investors could experience a total return approaching 30%.
Don’t just watch TV, DIRECTV (DTV). The company provides digital television entertainment for approximately 19.9 million subscribers in the United States; approximately 4.1 million subscribers primarily in Argentina, Chile, Colombia, Ecuador, Venezuela, and the Caribbean; and approximately 3.8 million subscribers in Brazil.
On Tuesday, DIRECTV rallied on by a quadruple top. Shares are now free to continue cleaning up a multi-day gap down from $52 to $42. Typically, full closure is a process. The first leg wipes clean roughly 50 of the gap. The second half’s course is similar in time and price movement as the first half.
Using the rule of thumb as our guide, DIRECTV (DTV) could have another 10-12% to go in the next 2-3 months.
Make sure you check back with tomorrow to catch our weekly Trading Earnings Pick.
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