I. Conservative Recommendation
Live Nation Entertainment (LYV)
Beverly Hills, California-based Live Nation Entertainment (LYV) operates as a live entertainment company. It is currently a recommendation in Momentum Trader Alert.
LYV was a big mover this past week, as the company saw its shares rise more than 9% over the past two days. The move came on solid volume with far more shares changing hands than normally would be traded. The stock also broke out to the upside of a long-term trading range over the past month.
From a technical standpoint, LYV scores 100% on all technical indicators I follow for Momentum Trader Alert.
II. Aggressive Recommendation
NVIDIA Corporation (NVDA)
Founded in 1993 and headquartered in Santa Clara, California, NVIDIA Corporation (NVDA) is a visual computing company. It is currently a holding in Alpha Algorithm.
NVIDIA has steadily moved upward without more than an 8% decline since January 2016. This one-sided stock price momentum has made it the semiconductor industry’s top-performing stock of 2017.
Technically, NVDA is in a strong uptrend and scores 100% on my short-, medium- and long-term technical indicators.
Nicholas A. Vardy