The ones that I am keying on for real risk takers?
They were kind of FANG-like in their marking time -- Domino's -- or their destruction -- Ulta.
Now I believe people are circling back to them.
They are simply higher-risk, higher-multiple stories.
Few knew what to do with Domino's after it ran from such an amazing quarter. Now it seems to be settling for some end-of-the-year mark-up.
But I would urge you to consider taking a good look at Ulta, which, if you remember, committed the cardinal sin of doing a number that was higher than just about everyone else was capable of doing.
I believe the negativity has worn off with Ulta and it could be ready to run.
I am also liking the look, while we are at it, of Starbucks (SBUX) . Here's one that did the number and gave you a sense that things were fine here and better worldwide, especially China. (TJX and Starbucks are part of TheStreet's Action Alerts PLUS portfolio.)
If you remember the arc of it: First, the company's stock went up a buck and a half and then it came down more than that -- all after hours. The next day we saw no upgrades or downgrades, just tepid reiterations.
But now look at it. The stock's gingerly going all the way back and I know that Bruce Kamich switched his stand on the stock to bullish the other day.
My stand is unchanged. The company represents one of the rare senior growth stocks that had lost its luster but is now regaining it.
I like it.
It's a place for those to go who are willing to accept consistent higher growth without any drama.
I don't know about you, but we have enough drama in politics. Let's keep it out of the stock market.
Random musings: Happy Thanksgiving to all and thanks for another good year with us!