Jubak Picks

Buying Wells Fargo in Jubak Picks ahead of earnings

Buying Wells Fargo in Jubak Picks ahead of earnings

Wells Fargo (WFC) is scheduled to report fourth quarter 2021 earnings on Friday, January 14. The bank is expected to be one of the few big money center banks to show a significant increase in earnings for the lat quarter of 2021 from the fourth quarter of 2020 (when numbers were elevated by a big recovery from the Pandemic bottom.) The Wall Street consensus projects fourth quarter earnings of $1.09 a share, up from 64 cents a share in the fourth quarter of 2020. (I’d note that the bank has delivered a positive earnings surprise above analyst projections in the last 4 quarters.) This is a good time to buy bank stocks.

My Special Report: When will the selling stop? When to buy? What to buy? Complete with the first 3 of 10 Picks

My Special Report: When will the selling stop? When to buy? What to buy? Complete with the first 3 of 10 Picks

If you worry about what worries me right now, I know what you want to know. When will the selling stop? When will it be a good time to buy “bargains”? And What stocks should you buy when you begin to buy? Those are the three questions that I’ll answer in this Special Report. Along with listing my first three buys on this selling.

With sell of Apple tomorrow I’ll start to unwind my end of the year rally buys

With sell of Apple tomorrow I’ll start to unwind my end of the year rally buys

When I bought shares of Apple (AAPL) in my Jubak Picks and Volatility Portfolios, I was looking for gains from the end of the year rally (which kind of fizzed out) and the traditional Santa Claus rally (which came through as expected) to drive shares higher in the short term. Since that November 23, 2021 pick, shares of Apple, as of the close today January 4, were up 12% to $179.70, just above my $179 target price for this short-term trade.

Adding Bristol-Myers Squibb to my Jubak Picks Portfolio tomorrow

Adding Bristol-Myers Squibb to my Jubak Picks Portfolio tomorrow

As I noted in my posts over the weekend, I think that along with all the general volatility and the rotation away from high moment and higher price-to-earnings ratio technology stocks, the last week or so saw a rotation into “safe” haven stocks such as utilities and Big Pharma. Which is one of the reason I’m adding Bristol-Myers stock to my Jubak Picks Portfolio as of December 7

A stock isn’t a buy just because it’s cheaper than it was–Lessons from Disney on when to buy on the dip

A stock isn’t a buy just because it’s cheaper than it was–Lessons from Disney on when to buy on the dip

After a huge rally like we’re had this year, it’s easy to fall into one of the most common buy on the dip traps. Just because a stock is cheaper than it was, it’s not necessarily a bargain. There’s nothing that says a stock has to return to its previous price after a dip. And especially that it has to return to that former price on your schedule. Let me use Disney (DIS), one of the stocks I’m tracking in my Dip-O-Meter, as an example.

Danaher is Pick #6 for my Special Report: It’s a Market Melt Up!!!

Danaher is Pick #6 for my Special Report: It’s a Market Melt Up!!!

It’s hard today, November 30, to find any stock with the kind of momentum that I’m looking for in the last month of 2021. Apple (AAPL) looks like a good possibility, which is why I made it Pick #5 in this Special Report and why I added the shares to my Jubak Picks and Volatility portfolios. Danaher’s (DHR) momentum is less obviously–especially on a day like today when the stock has closed don 1.87% to $320.42. But take a step back.

Selling Zebra Technologies out of Jubak Picks tomorrow

Selling Zebra Technologies out of Jubak Picks tomorrow

When I bought Zebra Technologies (ZBRA) back on June 28, 2021, I thought the stock was moderately over-valued. But that, like many over-valued stocks with momentum, it would move higher. I set a target price then of $596 a share. Well, moderately over-valued has become more seriously over-valued. Morningstar calculates that the stock traded at a 37% premium before the 2.79% gain today, November 29.