I. Conservative Recommendation
Procter & Gamble (PG)
Procter & Gamble (PG), a holding in Alpha Algorithm, has quietly rallied since bottoming in mid-July.
September historically has been the worst month for the stock market. The best way to guard against this most volatile of months is to bet on low-volatility stocks. Procter & Gamble has been traditionally a low-volatility stock compared to the market at large.
The stock is in a strong uptrend and scores 100% on all my technical indicators.
II. Aggressive Recommendation
AON Plc (AON)
AON plc is a current recommendation in my weekly trading service, Momentum Trader Alert.
Technically, AON plc has just broken out of a long-term trading range. This suggests that investors are piling back into the stock.
This is due largely to a relief rally after investors had ditched insurance stocks as Hurricane Irma pounded the Caribbean. Insurance industry leaders remained adamant that companies are well-capitalized against not only Irma but also the effects from Hurricane Harvey.
AON plc is currently a 100% “buy,” based on all my short-, medium- and long-term technical indicators.
Nicholas A. Vardy