A Small-Cap Aviation Bet with Big Momentum

This week’s recommendation adds a small-cap stock to your Momentum Trader Alert portfolio.

Founded in 1949, Florida-based HEICO Corporation (HEI) engages in niche segments of the aviation, defense, space and electronics industries. HEICO’s customers include a majority of the world’s airlines as well as numerous defense and space contractors and military agencies worldwide.

The company’s clients also include telecommunications, electronics and medical equipment manufacturers.

Heico Corporation (HEI) versus the S&P 500 year to date.

Momentum Trader Alert Analysis

Recommendation

Buy HEICO Corporation (HEI) at market today and place your stop at $71.00.

With the stock market due for a pullback, I am holding off on recommending options on this stock for now.

Portfolio Update

You were stopped out of Ferrari N.V. (RACE) on Aug. 2 at $103.65 for a solid 15.01% gain.

With AbbVie Inc. (ABBV) stock technically oversold, I am recommending that you buy the ABBV November $70 calls (ABBV171117C00070000), which last traded at $3.00 and expire on Nov. 17.

Sincerely,

Nicholas A. Vardy

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world. He was the Editor of The Global Guru, a free weekly e-newsletter, and also edited the trading services Momentum Trader Alert, which focused on making short-term profits in the hottest markets in the world, and The Alpha Algorithm, which was designed specifically to deliver big, fast triple-digit winners, month after month. He was also the editor of Smart Money Masters, a monthly service focused on longer term investments recommended by the brightest minds in the business. Mr. Vardy has been a regular commentator on CNN International and the Fox Business Network. He has also published articles in The New Republic, The World and I, and The Baker & McKenzie Legal Review. The Global Guru/Nicholas Vardy has been cited in The Wall Street Journal, Newsweek, Fox Business News, CBS MarketWatch, Yahoo! Finance, and MSN Money Central. Mr. Vardy graduated from Stanford with a B.A. — with honors and distinction — in both Economics and History, and he also earned an M.A in Modern European Intellectual History. After winning a Fulbright Scholarship, he earned a J.D. degree at Harvard Law School where he was an editor of the Harvard International Law Journal. When not uncovering investment opportunities for his subscribers and investors, Mr. Vardy is a keep-fit enthusiast and an avid student of classical music.  

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