Last week we talked about whether this current market downpour was a pullback, correction or start of a bear market. And whether we were already seeing the end of the pain before a lasting bounce takes place. Yet discussions like these are often missing the main point.
That’s because in the short run, the market has a mind of its own. It can truly run in any direction, often defying the predictions of even the best market timers.
The best solution is not to play the market timing game. Just stay focused on the primary long term trend and align your portfolio accordingly.
Week by week in this commentary I have explained why that trend remains bullish. That’s because most every key facet points to more upside including economic conditions, earnings growth, and even valuation, which is surprisingly below peak levels even 9 years into this bull run.
Yes, at some point it will turn bearish. And I am happy to sound that alarm and short stocks with both fists. Now is just not that time.
For as wonderful as that all sounds, it doesn’t mean that the overall market is going to produce gangbuster returns. At this stage of the game you shouldn’t expect more than 8-12% annual gains.
That’s why my year-end target for the S&P is 3000, which equates to a 12% return on the year. And next year pushing up to around 3300.
This is a comfortable rate of return for many investors. They can just load up on index funds and glance at their portfolios every month or two.
For those looking for more robust returns, they need to try a bit harder. Let’s talk about that more in the next section.
5 Stocks to Put On Your Radar for Wednesday Morning
To be successful in the stock market you need some kind of advantage. Indicators or strategies that put the odds in your favor.
This is exactly why I joined TipRanks in the first place. I am enthralled by the companies Big Data technology capabilities to find 7 unique indicators of a stock’s future performance.
| 1) Analyst Ratings | 5) Hedge Fund Activity |
| 2) News Sentiment | 6) Blogger Opinions |
| 3) Momentum | 7) Individual Investor Sentiment |
| 4) Insider Transactions |
Each of these indicators can point to stocks that are likely to outperform. But let’s be honest…researching each and every aspect of a singular stock can be a little time consuming. Now compound that by the research time needed to fill out your entire portfolio and you might have to give up your full time job.
That’s where I come in.
I have greatly enjoyed selecting stocks for investors over the past 20 years. And now I get to put my experience and these powerful indicators to work for TipRanks members in the new portfolio service: TipRanks Smart Investor.
This portfolio launches before the market opens on Wednesday October 24th with my first 5 stock recommendations. Each of these stocks will…
- Enjoy strong long term upside potential
- Grade well on the 7 exclusive TipRanks indicators
- Is trading at an ample discount to the average target price
What happens after these 5 stocks are released?
I will continue adding stocks to the portfolio to get 20+ that should have the right ingredients to outperform in the future. Plus I will provide specific entry and exit points to maximize profits…timely market outlook…and education on best usage of TipRanks resources.
If this appeals to you, then you should become a Smart Investor member now before the first 5 stocks are released Wednesday October 24th @ 8am ET.
Get Access to Smart Investor Portfolio Now >
Wishing you a world of investment success!
Steve Reitmeister
Editor in Chief
www.TipRanks.com
Disclaimer: In general, I own the stocks that I highlight in commentary. When you think about it…why would you ever take advice from an investment professional who wasn’t willing to put his money where his mouth is?
