Quickel's Picks: Five New Ideas

12/05/2016 10:00 am EST

Focus: STOCKS

Stephen Quickel

Editor, US Investment Report

The U.S. economy is still the world’s greatest and in its best shape since the 2006-08 Great Recession and Financial Crisis, asserts Stephen Quickel, editor of US Investment Report.

With the post-election rally lifting the major averages back to their 10-week moving averages, it is time to begin reinvesting some of the idle cash in our model portfolios.

Here's a look at some of the stock we have added to our recommended list. They all offer average earnings growth twice the 9.5% of the S&P 500 universe. Here in a nutshell is what we like most about them:

Priceline (PCLN)

The dominant online travel agency upped third-quarter revenues 44% and has projected a large fourth-quarter increase in room-day bookings.

This prompted three analysts to raise their earnings estimates and lift target prices to as high as $1850.

Jazz Pharmaceutical (JAZZ)

Aided by stock buybacks and successful new drugs, third quarter earnings beat estimates with the stock rising for $97 to $114 and headed to a $177 target.

This big winner for us in recent years traded as high as $150 before profit-taking knocked it for a loop last summer.

Toll Brothers (TOL)

The leading U.S. luxury homebuilder, Toll has recently made a strategic acquisition amid an industry-wide consolidation trend.

This has bolstered its marketing clout with a significant addition to its in-house mortgage financing warehouse facility. It P/E and price-to-earnings growth (PEG) ratios are quite attractive.

Western Digital (WDC)

New cloud and mobility applications in hard drives and flash-based products have enabled this information technology leader to push first-quarter fiscal 2017 earnings far above Street expectations — exceeding even its own guidance.

Visa (V)

Never mind the elevated 1.30 PEG. This credit card leader is rolling ahead at a high-teens percentage earnings clip like a sprightly small cap, with huge institutional buying support.

Subscribe to Stephen Quickel's US Investment Report here…

By Stephen Quickel, Editor of US Investment Report

Related Articles on STOCKS

Keyword Image
Royal Dutch: Rock-Solid
07/20/2018 5:00 am EST

The energy sector is getting a lot of attention lately as a safe haven that is benefiting from recor...