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Surprising Potential Trade From This TickerSeptember started with a thud, and it’s the same story that’s been dogging this market for a week: renewed U.S.-Iran hostilities in the Strait of Hormuz, crude and bond yields both surging, and tech stocks taking the brunt of the selling. The Nasdaq is down over 1%, and it’s tempting to sit on my hands until the headlines settle down. ...Read MoreBig Volume In This Ticker Reveals A TradeSirius XM (SIRI) surged 7.5% Wednesday to $29.70 on heavier-than-average volume after Deutsche Bank upgraded the stock from Hold to Buy and raised its price target sharply from $31 to $45. The firm cited improving revenue, EBITDA and free-cash-flow expectations, greater stability in the satellite-radio business, and significant potential from digital advertising—including SiriusXM’s exclusive U.S. audio-advertising relationship with YouTube. ...Read More
Why VRTX Is Standing Above The MarketWith the broader market currently consolidating just below its recent highs, leadership is becoming increasingly important: the strongest setups are often coming from stocks that are doing more than simply following the index higher. One name that immediately stands out is Vertex Pharmaceuticals (VRTX), where the trend is firmly intact, price is holding above all of the key moving averages we track, and a clear pattern of higher highs and higher lows remains in place. More tellingly, VRTX has been outperforming the S&P 500 for roughly three months, with its relative-strength line continuing to slope higher even as the broader index has reached new highs. That combination of trend strength, constructive price action and sustained relative strength puts VRTX firmly on our radar. ...Read MoreBig news! We’ve selected you for complimentary VIP Access! Go here to accept your invite. Once you accept the invite, we’ll text you a link to a breakthrough trading report called... Inside this report, you’ll discover the top AI stocks as selected by our in-house trading experts. And why right now there’s a rare window of opportunity for fast-acting investors.
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