I. Conservative Recommendation
Comcast Corporation (CMCSA)
Hedge fund Tiger Global recently increased its stake in Comcast Corporation after it reported better-than-expected earnings at the end of last month. This is a significant vote of confidence for the stock.
Also, Comcast Corporation is a “buy,” based on all short-, medium- and long-term technical indicators.
II. Aggressive Recommendation
Intuitive Surgical (ISRG)
Shares of Intuitive Surgical Inc. surged to a record high of $985.37 this past week as the company announced a planned 3-1 stock split. The company added that if the stock split is approved by shareholders at a special meeting on Sept. 22, the stock would begin trading on a split-adjusted basis on Oct. 6.
According to analysts, Intuitive Surgical’s stock split may help raise the company’s profile, especially among retail investors.
Technically, Intuitive is in a strong uptrend and scores 100% on all of the Momentum Trader Alert technical indicators.
Nicholas A. Vardy