Weekly Watch List


BIDU
LULU
MELI
NETL
SHOO
CTSH
AAPL
HLF
INFA
CPLA
CSTR
ISLN

Additions:
AAPL
CPLA
CSTR
INFA
ISLN

Subtractions:
EL
HSP
ISRG

Last week, all the major indexes gained ground. The Nasdaq advanced 4.1% for the week, the NYSE composite added 3.8%, the S&P 500 tacked on 3.5% and the Dow was up 3.2%. The IBD outlook remains at “market in confirmed uptrend”. You have a green light to buy quality stocks at proper buy points.

This week, three watch list stocks are potential buy candidates,BIDU, MELI, and CTSH. BIDU is trading at $78.87, just past a $78.69 buy point. MELI, trading at $62.77, has cleared a $62.24 buy point. CTSH, trading at $55.44, has cleared a buy point of $54.91. All three stocks are within buy range up to 5% past their buy points.

/as usual, your mileage may vary, always do your own homework

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