We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Zacks Market Edge Highlights: NVIDIA, Advanced Micro Devices, Super Micro Computer, Deckers Outdoor and United Rentals
Read MoreHide Full Article
For Immediate Release
Chicago, IL – February 2, 2024 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2219673/should-you-sell-your-big-winning-stocks)
Should You Sell Your Big Winning Stocks?
Welcome to Episode #388 of the Zacks Market Edge Podcast.
(1:00) - When Should You Start Taking Profits From Your Investments?
(5:10) - Using Charts To Understand The Movement of A Stock Price: Price, Consensus And EPS Surprise
(10:35) - Should You Be Using The Zacks Rank For Your Long Term Big Winners?
(15:30) - How To Handle A Stock Caught Up In a Trending Industry: The Lottery Stocks
(19:45) - The Long Haul Investments That Continues To Hit New Highs: Should Think About Taking Profit?
(24:25) - Breaking Down Tesla and The Magnificent Seven
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.
This week, Tracey is joined by Dave Bartosiak, Zacks Stock Strategist and the Editor of Zacks Blockchain Innovators and Surprise Trader, to discuss if you should sell your big winning stocks.
It has been quite a rally in stocks the last 5 years. Many popular stocks, like some of the Magnificent 7 stocks, have been hitting new all-time highs. Dave has seen this in his Blockchain Innovators portfolio.
On July 6, 2018, he bought Advanced Micro Devices in the portfolio. It is now up 930.7%, but Dave continues to hold it. On Sep 30, 2019, Dave bought NVIDIA. It is up 1318% in the portfolio. He also continues to hold it.
If you have a big winner like these, congratulations. But many might be asking, should I sell to lock in these amazing profits?
This Is Dave's Favorite Stock Chart
Dave likes to use the Zacks Price and Consensus and Earnings Surprise chart to see what is happening with earnings on stocks he has owned for the long-term.
Are the earnings on the rise? How did the stock respond when there were earnings surprises, or misses?
Earnings are the building blocks for stocks. This one chart tells you a lot of information.
NVIDIA is up 1318% in Dave's Blockchain Innovators portfolio. Many investors have big gains in this stock. Even if you've only owned it a year, NVIDIA is up 191%.
Earnings of NVIDIA are expected to rise 268% this year. It's got a great price and consensus chart.
Should you take your gains off the table in NVIDIA?
Advanced Micro Devices is also a big winner in the Blockchain Innovators portfolio. But even if you didn't buy it in 2018, and jumped in a year ago, the shares are still up 95% in that time.
Earnings of Advanced Micro Devices are expected to rise 38.5% in 2024.
Does Advanced Micro Devices have the price and consensus chart that Dave looks for in a stock to hold long-term?
Deckers Outdoor, which owns popular brands UGG and Hoka, is busting out to yet another new high in 2024. Shares of Deckers Outdoor are up 81% over the last year and 431% in the last 5 years.
Earnings of Deckers Outdoor are expected to rise 23.6% in fiscal 2024 and another 13% in fiscal 2025.
Does Deckers Outdoor have more gas left in the tank?
United Rentals has been hitting new highs in 2024 as shares have rallied 399% over the last 5 years. In the last year, shares jumped another 45%.
Earnings of United Rentals are forecast to rise 5.1% in 2024 and another 7.2% in 2025. It's a cheap stock, with a forward P/E of just 15.
Should investors lock in profit on United Rentals?
What Else Do You Need to Know About When to Sell Your Winners?
Tune into this week's podcast to find out.
[In full disclosure, Dave owns shares of NVDA and AMD in the Blockchain Innovators portfolio.]
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Zacks Market Edge Highlights: NVIDIA, Advanced Micro Devices, Super Micro Computer, Deckers Outdoor and United Rentals
For Immediate Release
Chicago, IL – February 2, 2024 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2219673/should-you-sell-your-big-winning-stocks)
Should You Sell Your Big Winning Stocks?
Welcome to Episode #388 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.
This week, Tracey is joined by Dave Bartosiak, Zacks Stock Strategist and the Editor of Zacks Blockchain Innovators and Surprise Trader, to discuss if you should sell your big winning stocks.
It has been quite a rally in stocks the last 5 years. Many popular stocks, like some of the Magnificent 7 stocks, have been hitting new all-time highs. Dave has seen this in his Blockchain Innovators portfolio.
On July 6, 2018, he bought Advanced Micro Devices in the portfolio. It is now up 930.7%, but Dave continues to hold it. On Sep 30, 2019, Dave bought NVIDIA. It is up 1318% in the portfolio. He also continues to hold it.
If you have a big winner like these, congratulations. But many might be asking, should I sell to lock in these amazing profits?
This Is Dave's Favorite Stock Chart
Dave likes to use the Zacks Price and Consensus and Earnings Surprise chart to see what is happening with earnings on stocks he has owned for the long-term.
Are the earnings on the rise? How did the stock respond when there were earnings surprises, or misses?
Earnings are the building blocks for stocks. This one chart tells you a lot of information.
Should You Sell Your Big Winners?
1. NVIDIA Corp. (NVDA - Free Report)
NVIDIA is up 1318% in Dave's Blockchain Innovators portfolio. Many investors have big gains in this stock. Even if you've only owned it a year, NVIDIA is up 191%.
Earnings of NVIDIA are expected to rise 268% this year. It's got a great price and consensus chart.
Should you take your gains off the table in NVIDIA?
2. Advanced Micro Devices, Inc. (AMD - Free Report)
Advanced Micro Devices is also a big winner in the Blockchain Innovators portfolio. But even if you didn't buy it in 2018, and jumped in a year ago, the shares are still up 95% in that time.
Earnings of Advanced Micro Devices are expected to rise 38.5% in 2024.
Does Advanced Micro Devices have the price and consensus chart that Dave looks for in a stock to hold long-term?
3. Super Micro Computer, Inc. (SMCI - Free Report)
Super Micro Computer is one of the hottest stocks on Wall Street. Shares are up 528% in just the last year.
Earnings of Super Micro Computer are expected to rise 42% in fiscal 2024.
Should you cash in your profits in Super Micro Computer or hold on for the ride?
4. Deckers Outdoor Corp. (DECK - Free Report)
Deckers Outdoor, which owns popular brands UGG and Hoka, is busting out to yet another new high in 2024. Shares of Deckers Outdoor are up 81% over the last year and 431% in the last 5 years.
Earnings of Deckers Outdoor are expected to rise 23.6% in fiscal 2024 and another 13% in fiscal 2025.
Does Deckers Outdoor have more gas left in the tank?
5. United Rentals, Inc. (URI - Free Report)
United Rentals has been hitting new highs in 2024 as shares have rallied 399% over the last 5 years. In the last year, shares jumped another 45%.
Earnings of United Rentals are forecast to rise 5.1% in 2024 and another 7.2% in 2025. It's a cheap stock, with a forward P/E of just 15.
Should investors lock in profit on United Rentals?
What Else Do You Need to Know About When to Sell Your Winners?
Tune into this week's podcast to find out.
[In full disclosure, Dave owns shares of NVDA and AMD in the Blockchain Innovators portfolio.]
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.