Weekly Wins! Five Great Calls from Four Top Analysts.
Let's recap winning trades from Helene Meisler, Doug Kass, Bret Jensen, and James "Rev Shark" DePorre. C, DIS, EXEL, ADMA, and AAPL.
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So many winning trades to feature this week. From the largest companies in the world to the smallest, our team had you covered. In this edition of the Weekly Wins, we share five different trades from four different analysts over several different time frames.
Helene Meisler on Banks
You might remember that Helene was bullish on banks from November until just a few weeks ago. Well, after nailing the rally, she also nailed the decline for a solid round-trip trade when she said no to being long C.
Date: July 23rd turned bearish on Banks and on July 31, answered a reader’s question by saying no to being long Citigroup.
Trade: Bearish on C at $65
Why: No upside left following a strong upwards move since November.
Result: Shares have been down as much as 18% in the week.
Read the article here and here.
Doug Kass: Short DIS
We could fill this column each week with great trades from Dougie Kass. Many, like this DIS trade, are short-term, lasting under a week.
Date: July 29th
Trade: Bearish on DIS at 92
Why: Extension of Iger’s contract shows that there’s a lot more work to do before this company can turn around.
Result: Shares down 6.5%
Read the article here.
BRET Jensen Goes Long EXEL
Don’t let the date and subsequent down move fool you. Bret Jensen recommended buying this stock on dips and it certainly paid off.
Date: April 14th, 2024
Trade: Buy EXEL on dips using covered calls
Why: Shares have good value, but have been range bound over the past five years despite consistently increasing revenues from its flagship product CABOMETYX.
Result: Strategy continues to pay off and stock was up 13% in trading Wednesday after the company reported better than expected Q2 results after the bell on Tuesday and lifted FY2024 sales guidance.
Read the article here.
James “Rev Shark” DePorre goes long ADMA
Rev Shark makes the case for small caps with this monster winner.
Date: February 29th, 2024
Trade: Long ADMA
Why: Expectations of better than expected earnings growth.
Result: Earnings did grow faster than expected and the stock is up 300% since the recommendation.
Read the article here.
Doug Kass makes a fundamental prediction about AAPL
Unlike Dougie's quick trade in Disney, this one was more about avoiding a longer-term risk, and it was a phenomenal call.
In his 10 Surprises for 2024, Dougie forecast that AAPL would lose out on the $18b that Google pays it in search fees, as a result of the anti-trust case. As a result of this week’s ruling, that appears to be the case.
Surprise, Surprise? Not To Me!
* The Google Anti Trust Case was a focus for me nine months ago...
From my 10 Surprises for 2024:
Surprise #5. The biggest and most popular stock in the world, Apple, suffers a large percentage loss in 2024 as trade tensions with China escalate. With China supporting Huawei, Apple loses substantial market share in that country and overall revenues decline again in 2024 (over 2023). Meanwhile, as a result of the Google Anti-Trust case, Google stops paying Apple $18 billion in search fees.