If we see higher risk assets further over-valued, do not chase the move, but rather sell into price ...
Vardy's Momentum Trader
03/08/2017 10:29 am EST
Medical device companies are hot. This week’s play is medical technologies company, Kalamazoo, Michigan-based Stryker Corporation (SYK).
Stryker's products, sold in over 100 countries, include implants used in joint replacement and trauma surgeries, as well as other medical device products used in a variety of medical specialties.
To select the investments for our Momentum Trader Alert recommended portfolio, I tracks 13 separate momentum indicators. For a play to be recommended to investors, it must scream “BUY!” in all 13 indicators.
This is the best way to identify the market’s fastest moving plays for both short-term gains and long-term profits. Below is Stryker's ratings on these 13 indicators:
Buy Stryker Corporation at market today, and place your stop at $121.00.
Related Articles on MARKETS
Our U.S. equity timing models remain overall on buy signals. Our foreign equity timing model went on...
Tuesday is a day of jitters about central bankers, forex rates in Sweden and UK, Australian bond pri...