Sometimes (like today), a rough week for stocks can be the proverbial blessing in disguise.
The Dow Jones and S&P 500 just couldn’t get it in gear last week, though it looked like they might for a minute on Friday morning. Even the Nasdaq, which started last week in “unstoppable” mode, started to tire out after Tuesday.
But after early September’s serial new highs, it’s not unsettling or even all that surprising for markets to move a little lower. Investing is a marathon, not a sprint, and a little consolidating and profit-taking now and then is a healthy thing.
Besides, the selling has left us with three irresistible stock buys today – a tech company with (almost) unbelievable margins and a dominant market position, a fintech superstar that just closed a deal that could send its stock doubling again, and a beaten-down stock that analysts love to hate, but that I just plain love, especially at these prices.
It’s not a total love-fest today, though; there’s a popular apparel company to sell right away, and I do mean now. Its clothes are very popular with women, sure, but its stock is very popular with short-sellers.
There are four stocks to cover, so let’s get started…
I’m not done – I’ve got some more stocks I think you should know about. I’d actually bet you haven’t heard of these before, because they’re practically “blacklisted.” I know of one Wall Street firm that actually prohibits its brokers from offering these to clients. That’s a howling shame, because this class of stocks is producing some of the markets’ biggest returns – top performers have seen exceptional peak gains of 4,958%… 6,486%… even 22,207%… all in less than a year. Incredibly, that’s not front-page news, so let me fill you in on some details…
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About the Author
Browse Shah’s articles | View Shah’s research services
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor’s 100 began trading on March 11, 1983, Shah worked in “the pit” as a market maker.
The work he did laid the foundation for what would later become the VIX – to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd’s TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company’s “listed” and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah’s vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story – when others only get what the investment banks want them to see.
Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.
Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business’s Varney & Co.
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