Richard Moroney, CFA, is the editor of Dow Theory Forecasts and the Upside newsletter; the vice president of research for Horizon Publishing Company; and vice president and portfolio manager of Horizon Investment Services, a money management company. He is the inventor of the proprietary Quadrix® stock-rating system. Called "An Intellectual Heir to Charles Dow" by his peers and the press, Mr. Moroney is sought out for his accurate forecasts on the market and specific stocks by major news organizations and business groups. He has appeared on CNN, CNBC, and Sky Radio and is often quoted in Barron's, Investor's Business Daily, SmartMoney, Business Week, The Washington Post, The Chicago Tribune, and the Chicago Sun Times. Mr. Moroney holds an MBA in finance from the University of Chicago.
Consumer-discretionary stocks in the S&P 1500 have outperformed the broad index so far in 2021, notes Richard Moroney in his Upside Stocks Newsletter which specializes in small and mid cap stocks.
As the world grew more digital, so did NetApp (NTAP). You might remember NetApp as Network Appliance, one of the darlings of the tech boom of the late 1990s, recalls Richard Moroney, editor of Dow Theory Forecasts.
Since the end of 2018, the S&P 1500 Utilities Sector Index has delivered a total return of 33% — not too shabby for a nearly three-year period that included a pandemic-induced market decline, notes Richard Moroney, editor of Dow Theory Forecasts.
Garmin (GRMN) taps into the consumer's love for digital gadgets; the company makes GPS-enabled products used by athletes, hikers, boaters, pilots, drivers, and even dog trainers, asserts Richard Moroney, editor of Dow Theory Forecasts.
At mid-year, Richard Moroney of Dow Theory Forecasts highlights some of the best performers and their current outlook on these Top Picks for MoneyShow.com.