Growth 833

Growth stocks remain the leaders, returning 20.3% (large caps), 7.8% (mid caps), and 0.6% (small caps).

XPEL, Inc. (XPEL) | Daily Alert September 1
Until I started working on this piece, I had never heard of XPEL Inc. (Rated “B”). Not the company. Not its products. Not the stock.

But, if you’ve owned XPEL for a while, you’re one happy camper. Shares of the $760 million company have soared more than 91% in the last month and 225% in the last year.

The combination of solid fundamentals and strong performance have vaulted this small-cap name to the top of your Best Momentum Stocks Heat Map and Best Hot-Sector Leaders Heat Maps.

That helps bring this undiscovered gem to your (and my) attention, giving you the chance to profit if the strong performance continues.

For the record, Xpel is a San Antonio-based maker of protective films and coatings. They’re used to protect automotive paint from chipping and abrasions, tint car windows to reduce interior heating, and cover touch screens with an anti-microbial buffer.

Sales jumped 19% year-over-year in the second quarter, while profits surged 31%.
Mike Larson, Weiss Stock Ratings Heat Maps, issues@e.weissratings.com; phone: 1-877-934-7778, August 25, 2020

Carvana Co. (CVNA) | Daily Alert September 10
On the negative side, price earning’s multiples are through the roof and valuation levels are near historic highs. As an example, the Buffet Indicator recently hit the highest overvalued level in its history suggesting that the benchmark S&P 500 will lose 1% per year over the next eight years.

Since the March 25th lows, the market as measured by the S&P 500 has soared over 50%. This dramatic rise in share prices has come in the face of an economy that contracted by a third between April and June.

It is no wonder why many stock market participants feel that we are in a bubble and that the bull market is living on borrowed time. The American Association of Individual Investors in their latest weekly poll shows bears outnumbering bulls 42% to 30%. It is interesting to note that the bullish contingent has not been above 35% since the middle of April and was as low as 20% only two weeks ago. From a contrary opinion standpoint, this is a very healthy sign that the bull market has further to run.

Carvana Co. is an e-commerce platform for buying used cars. Consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices.

The company’s transaction technologies and online platform transform a traditionally time-consuming process by allowing customers to secure financing, complete a purchase, and schedule delivery online.

Mental stop: $172.93
Dan Sullivan, The Chartist, thechartist.com, 900-942-4278, August 20, 2020

 

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