Sunday, May 14, 2017

5/14/2017 stock picks

Recent sector money flow analysis showed money flew into utility sector such as verizon, AT&T, etc. here I am recommending to buy several stocks in same category.

The first one is water utility stock: AWK.


  • the bull/bear neckline 75 was hold for daily chart
  • technical indicators: RSI, STOs, CCI all improve to move up
  • annual dividend $1.5, no sign to reduce the dividend yet
  • potential upside price target back to $81 area.
 
In summary, this low beta (0.19) water utility is good to have a entry here to have both price appreciation and dividend accumulation for long term. The long term upside price target is around $90.

The second one is consumer conglomerate P&G. 

  • 200 days MA get support
  • uptrend trend line still hold
  • the bull/bear neckline around 86 still hold
  • annual dividend $2.75 
  • potential gap fill around $84


In summary, the buy entry: current price or gap fill around 84, the longer term target is around $91, if break out $91, next is $105.

My personal opinion is not for investment purpose, but for education and illustration.  

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