1. Conservative Recommendation
McDonald’s Corporation (MCD)
McDonald’s is a current recommendation in the Alpha Algorithm and is held by seven different strategies.
Analysts continue to be bullish on McDonald’s heading into earnings season. Stephens’ analysts maintain an Overweight rating on McDonald’s stock with a $175 price target. That’s about 7% upside from current levels. McDonald’s is scheduled to report earnings on Oct. 24
Technically, McDonald’s is in a strong uptrend and scores 100% on my short-, medium- and long-term technical indicators.
2. Aggressive Recommendation
PayPal Holdings (PYPL)
PayPal is a holding in both Alpha Algorithm and Smart Money Masters. It is one of investment legend Carl Icahn’s top holdings and is currently held in 11 different Alpha Algorithm strategies.
Morgan Stanley just upped its price target on PayPal to $76 from $62. That’s about 13% upside from current levels.
As Morgan Stanley wrote: “With PayPal maintaining its massive acceptance lead among leading e-commerce websites vs. other digital wallets… the company appears well-positioned to disproportionately benefit from e-commerce tailwinds.”
From a technical standpoint, PayPal scores 100% on all technical indicators I follow for my short-term Momentum Trader Alert service.
Sincerely,
Nicholas A. Vardy
Do you know what inflation and the recent college protests have in common? They’re the…
When looking to invest in the S&P 500, SPX and SPY options are similar assets…
An index option is a contract that gives the buyer the right, but not the…
“There’s more wisdom in your book than four years of college education!” -- Subscriber Back…
There is a famous saying that has been floating around the internet regarding the “Five…
Today is May 1, a day that’s also known as “May Day” in many countries…