What a week!
So much happened for me this week including my series of live education sessions for my new Insider’s Edge product here at Traders Agency that I’ll review in a moment.
And this week, we have our three new Watch List Stocks that I am reviewing today for you in a moment. And note that next week, I’ll have three new stocks for the Watch List.
But to start off my discussion with you today, I want to thank so many of you for attending and participating in my three educational sessions that I did explaining the power of insider buying of their own company stocks.
You were among thousands upon thousands that took the time to get very valuable analysis and the history of company management and directors that put their own money down to buy stocks in their own companies.
This is a very charged research tool that I’ve been using for many years that is a cornerstone of my Surge Stock Indicator (SSI) system that I write about inside my Stock Surge Daily.
I have found that management and board members known as insiders that buy and own stock in their own companies work to identify stocks that will perform better over time.
This tracking of insider buying works for identifying surging stocks in the shorter-term – and it works to identify longer-term successful stocks.
And insider-owned companies continue to provide major upside in the stock market. And the proof is found in the Nasdaq US Insider Sentiment Index. This index done by Nasdaq tracks companies with identified larger-scale insider ownership.
Nasdaq US Insider Sentiment Index Source Nasdaq & Bloomberg
The insider index has returned 623.16% since it commenced in April 2005 to now. And that equates to an annual equivalent return of 12.97%.
Those are big proof numbers about the power of tracking and investing with insider buyers.
If you didn’t get to attend my three sessions this week on insider buying – the replay will be available for just a few more days.
Here is the special link for Stock Surge Daily subscribers to make sure that you can watch my insider trading session on Insider Edge.
And note this promo code: JOSH. When you plug it in, you’ll get unlimited access at no extra charge with no renewal fees ever for the life of the Insider Edge product.
Now, on to where we stand this week with our Watch List stocks:
Stock #1 Entegris (ENTG)
Entegris (ENTG) provides management of materials for the electronics industry including assemblers and manufacturers. Revenue is up by 16.90% over the past year and the company maintains good operating margins for an attractive return on shareholders’ equity.
Entegris Price Source Bloomberg
Here’s the SSI Score System for Entegris:
- Surge score: 82/100
- % Above 52-wk low: 111%
- MFI reading: 51
- Sales growth: +24%
- Triple momentum: YES
The stock is off from Monday when we posted it by 1.81%. But it did have a quick surge on Tuesday. Ideally, the stock should be bought above 123.00 and then have a stop on it at 113.50.
Stock #2 Equifax (EFX)
Equifax (EFX) is a data acquisition and management company known for its credit scoring system. Revenue is up nicely over the prior year by 17.70% and it maintains ample operating margin for positive returns on shareholders’ equity.
And insiders have been adding to their holdings of the stock by 14.28% recently.
Equifax Price Source Bloomberg
Here’s the SSI Score System for Equifax:
- Surge score: 82/100
- % Above 52-wk low: 77.9%
- MFI reading: 64
- Sales growth: +24%
- Triple momentum: YES
The stock is up since Monday when it was first presented by 1.83%. And it has been a steady performer for the week so far. Ideally, it should be bought above 243.00 with a stop at 230.00.
Stock # 3 Keysight Technologies (KEYS)
Keysight Technologies (KEYS) is in the business of measurements using precision instruments for a variety of businesses and industries. Revenue has just surged by 36.43% for the recent quarter that is grabbing market attention. Operating margin is good and in turn feeds a positive return on shareholders’ equity.
Keysight Technologies Price Source Bloomberg
Here’s the SSI Score System for Keysight Technologies:
- Surge score: 70/100
- % Above 52-wk low: 70.2%
- MFI reading: 68
- Sales growth: +36%
- Triple momentum: YES
The stock is off a smidge since it was presented on Monday by 0.87%. And it did have a quick surge on Tuesday only to settle down for later in this week. Ideally, the stock should have been bought above 150.00 with either a tight stop at 146.00 or a lower stop at 139.00.
Another Insider Tip
As I noted above, I am ramping up my insider stock buying research that is part of my Surge Stock Indicator (SSI) with a new product that we’ve just launched here at Traders Agency called Insider Edge. And this is all about stocks with big surges in insiders’ buying their own shares.
And to get the full rundown on how to profit by buying stocks that insiders are buying right now, you can watch the replay of my live event from yesterday detailing how insider trading provides a powerful stock picking tool. Click here to watch the replay.
