Rev's Forum: 5 Stocks That Look Good in This Bullish Market

 | Jul 18, 2017 | 9:00 AM EDT
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

jpm

,

c

,

wfc

,

bac

,

gs

,

gs

,

nflx

,

crcm

,

eqgp

,

appf

,

GWRE

,

inwk

I've been talking lately about the recent sell-the-news reactions in the financials, and that pattern seems to be continuing this morning. Like JPMorgan (JPM) , and Action Alerts PLUS holdings Citigroup (C)   and Wells Fargo (WFC) last week, both Bank of America (BAC) and Goldman Sachs (GS) delivered solid results, but are struggling as we head towards the open.

The concern is, with valuation levels being what they are, that stocks might be "priced to perfection" as the more well-known names report over the next several days. Fortunately for the bulls, Netflix (NFLX) isn't following that script, as the stock is up about 9% premarket and is hitting record highs on the news of its stellar report.

We'll see how the mood develops as we move deeper into earnings season, but with the indices at highs and a skosh overbought, the broader market profile continues to favor the bulls. That could change at any time, and we need to be keenly aware of that possibility, particularly since we've just entered what's historically been the roughest six-week patch during the year for the market. However, as we saw last week, trying to guess when the prevailing trend will come to an end is a tough way to make a living.

Let's take a look at a few charts that are on my radar today.

Care.com Inc (CRCM)

EQT GP Holdings  (EQGP)

AppFolio Inc (APPF)

Guidewire Software Inc (GWRE)

InnerWorkings Inc  (INWK)

This article was written by Jim Koford.

Columnist Conversations

In GS I see key price support at the 224.49-226.42 area.  I also have timing for a possible low.  I ...
Tesla (TSLA) has tested our long-term bounce zone @ 283.90-258.95 a few times. These have been BUYING opportun...
We have a big winner here, let's roll it up to a higher strike   SOLD SRPT NOV 140 CALL AT 26 (in ...
We still like this name and want to give it more time. SOLD AAPL OCT 220 CALL AT 6.9 (in at 10) BOUGHT A...

BEST IDEAS

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

COLUMNIST TWEETS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.