Welcome back to another week of trading. Last week the Commerce Department reported a jump in retail sales for the third month in a row. July retail sales jumped 1.2% from June, but the gain failed to meet expectations, indicating a possible flattening out for retailers . This week’s earnings reports this week should help bring more clarity to the consumer picture. Walmart, Home Depot, Lowes and Target are all scheduled to report.
Our research team has been hard at work scouring the markets for hidden deals. Today we are highlighting one investment idea that you may have overlooked in the past.
Our #1 Stock to Buy and Hold
Every year I release “my No. 1 stock” recommendation. In 2016, I recommended Tableau Software… it shot up 199%. In 2017, I recommended Foundation Medicine… it shot up 524%. In 2018, I recommended Roku… it shot up 393%. In 2019, I recommended MTech Acquisitions …it shot up 332%.
Now, in this new video presentation, I reveal my No. 1 stock for 2020.
And at just $10 a share, I believe it will do better than all these other stocks… combined! [Full Story…]
Ametek, Inc. (AME) is an American global manufacturer of electronic instruments and electromechanical devices with a headquarters in the U.S. and over 220 manufacturing sites worldwide.
AME stock is up 0.16% for the year. A look back paints an inspiring growth picture.
- Revenue grew by 11.52% over the past three years to $5158.56 million in the last fiscal year.
- Operating income in the last fiscal year grew by 21.04%.
- EPS grew by 2.93% in the last fiscal year to $3.75 and is up 31.29% from $2.94 three years ago.
- ROE was 18.41% last year, almost the same when compared to 18.71% three years ago.
Revenue is expected to grow by 2.95% over the next 12 months. Some analysts believe this is a modest outlook for this company with over 100 brands including essential analytical instruments, monitoring, testing and calibration devices.
Veteran Trader Reveals Exclusive: 32-second “live trading demo”
It takes 5 minutes a day and no advanced stock market knowledge to begin. Sound too good to be true? See for yourself. Watch this presentation here. [Full Story…]