Our #1 Holding (x4)

You can hold these through thick and thin
 
   
     
   
 
MARCH 7, 2024
   
PROSPERITY PUB MARKET TALK
Our #1 “Set-and-Forget” Trade (x4)
 

Did you see it today? Four of our top traders got together for a sit-down chat to share…

Well, let’s rewind for a moment.

In this business, the vast majority of the time, when we talk about a stock, it’s the “hot stock of the moment” that gets the attention.

The fast-moving stock that is getting all the headlines — and if you trade it, you’re going to have to babysit it because things can turn on a dime.

So our publisher, Nate Tucci, wanted to change things up.

He invited Lance Ippolito, Graham Lindman and Geof Smith to share their #1 top holding.

What does that mean?

Think of it as the single largest position they are holding for the mid-to long-term.

Now, there are several advantages to this:

First of all, there’s no rush to get in.

Yes, they might move fast. But with a long-term time horizon, there’s plenty of room for these stocks to run.

Secondly, there’s no need to babysit these positions.

These are the ultimate “set and forget” type of trade.

Third — and probably most importantly — our pros are so confident in the long-term viability of these picks that they don’t have to follow the news cycle.

That means if the stock goes south one day, they don’t have to rush to the computer in a panic trying to sell, because they have the conviction to stick with it.

In the build up to the event, Nate Tucci even gave out a handful of tickers that are “among” his top 10:
Bitcoin (BTC)
Tractor Supply Co (TSC)
Tesla (TSLA)

Plus, this FREE PDF report with a handful more tickers in his top 10.

But if you want to get Nate’s Top #1 holding — as well as Geof’s, Lance’s and Graham’s, you’ll have to watch the episode.

Some of these might be household names, but there’s a couple of real shockers on the list!

— The Prosperity Pub Team

 
 
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SCOTT WELSH’S TICKER TALES
Tech Is Still Strong (FTNT)
 

There are definitely pockets in the market that are showing strength and have nothing to do with tech.

But guess what?

Tech is still strong and on the tip of everyone’s tongue.

One such stock is Fortinet (FTNT).

Here’s the chart:

 
 

It’s in a top 25 hot sector and has been trending strongly since November.

A break above $73.91 could take it to new highs and possibly a lot farther.

We’ll keep an eye on it.


Happy trading,

— Scott Welsh

P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.
   
 

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