5 Screaming Hot Stocks To Buy

The S&P 500 is approaching the 200-day moving average. I am sure that is something that has been pointed out in countless posts across the globe. You could make the argument that the 200-day is a sort of self-fulfilling prophecy. If everyone looks at it as though it has some sort of importance, inevitably, it will become important. Regardless of your stance on technical analysis, it is hard to argue against its efficacy here. The 200-day serves as critical support for stocks, and in some cases, resistance that is just too much to get over.

Should the important resistance level fall and stocks breakout, I have a few ideas for which stocks could be leading the way higher. I’ve put together a list of five Zacks Rank #1 (Strong Buy) stocks which are already breaking out to new highs. These stocks could be the leaders into the next all-time high for the broad market.
 

1800 Flowers.com (FLWS - Free Report1-800-FLOWERS.COM, Inc., together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

1800 FLOWERS.COM, Inc. Price and Consensus

1800 FLOWERS.COM, Inc. Price and Consensus

 

1800 FLOWERS.COM, Inc. price-consensus-chart | 1800 FLOWERS.COM, Inc. Quote

Earnings have propelled this stock to the next level. This is a winning streak that really started back in mid-March but accelerated following the April 30th EPS beat. Earnings estimates have followed along with the stock price, telling me this trend could be just the beginning of the upside action.


AgroFresh Solutions (AGFS - Free ReportAgroFresh Solutions, Inc. provides science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It offers solutions in various fresh produce categories, including apples, bananas, cherries, citrus, and pears, as well as avocados, kiwifruits, melons, ornamentals, peaches and nectarines, plums, tomatoes, and others. The company supports growers, packers, and retailers by providing post-harvest solutions across the industry to enhance crop values while conserving planet's resources and reducing food waste. 

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Carl Schwartz 11 months ago Member's comment

Good stock picks.