Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Pete Najarian and Shannon Saccocia, CIO, Boston Private commented about whether TREX-N, HD-N, MAS-N, XLK-N, LUV-N, DKNG-Q, DHI-N, GDX-N, M-N are stocks to buy or sell.

COMMENT
options vs. stocks Options give you great opportunities like big-cap tech like Apple and Microsoft, but be nimble. He's sitting on a high level of cash. He'll jump on options when he spots an opportunity. In fact, he expects them to do well as rising rates often means that tech rises, too (believe it or not). That said, he prefers options in these names, given volatility. All these names have great free cash flow, though their PEs are slightly high (mid-30s for Apple, mid-20s Meta). Definitely buy these on pullbacks, BUT he doesn't see pullbacks coming. Doesn't see them going straight up either. Instead, they will trade in a tight range.
BUY
options It's been choppy and rangebound this year. Their cash flow has risen. There was a buyer of 5,000 of the May 26 calls going for $1.25. Very interesting. Macy's has a 10% short interest in it. He sees upside.
BUY
options This ETF has hung in there even as gold has flattened. The market bought 10,000 of the April 29 expiring calls, going for 70 cents. This is a breakout. Goldminers will continue to rise and maybe make new 52-week highs.
HOLD
The sell-off has been painful, but he likes the stock. Unfortunately, this stock is tethered to wider negative market conditions. He's holding on; he bought it so cheaply and doesn't see a share collapse.
WATCH
Down 30% YTD. He used to own these options. Sports betting is a very competitive space, because there's growth, but there are heavy costs to attract customers. He's watching this space. Wouldn't buy these stocks yet.
BUY
options There's been an acceleration in options action in airlines here, driven by fuel costs. He likes the CEO of Southwest. The market bought 17,000 of the May 15 calls. He gets a little extra time, a month, when it's usually 1-2 weeks long, so he likes this. A tailwind: people are getting more comfortable flying, and when people don't need to wear masks when flying we will see a nice move up in airline stocks.
COMMENT
She's optimistic about stocks in the second half of 2022. She expects continuing volatility, and winners and losers. Inflation and supply shortages won't slow as fast as we want. For Q2, companies have digested that the Fed will be aggressive, and the Ukraine war could turn into one of attrition. However, stocks remain better investments than bonds or cash. You must find pockets of stocks to invest in. Fundamentals are key.
BUY ON WEAKNESS
We will see more enterprise spend and lower growth in the next few years. You want to be in companies that continue to grow earnings and generate free cash flow and buy back stock. You must distinguish between types of tech companies--those with these characters and those that don't. She will add to big tech (Apple, Alphabet, Amazon, Adobe and Meta).
BUY
There is a severe housing shortage. A nice way to play housing this is in the repair side. Rising rates will prevent homeowners from moving into new homes and they will stay in place. So, this will drive home renovations. We need to add more supply to homes in the next 12-18 months, but until then there will be pressure on this space.
BUY
There is a severe housing shortage. A nice way to play housing this is in the repair side. Rising rates will prevent homeowners from moving into new homes and they will stay in place. So, this will drive home renovations. We need to add more supply to homes in the next 12-18 months, but until then there will be pressure on this space.
BUY
There is a severe housing shortage. A nice way to play housing this is in the repair side. Rising rates will prevent homeowners from moving into new homes and they will stay in place. So, this will drive home renovations. We need to add more supply to homes in the next 12-18 months, but until then there will be pressure on this space.
BUY
Yes, he heard about the unionization vote today. Think of Alphabet in 2019--a sideways megacap, but later momentum began to build then everyone bought. This is exactly what will happen to Amazon. He predicts Amazon will be the best-performing megacap in the next 12-18 months. he just bought this.
HOLD
Amazon just announces first positive unionization vote The issue isn't wages (because Amazon already pays good wages) but shifts--employees who work at night will be paid more. The unionization is a bump in the road, not a disaster. If unionization spreads across America, then costs will rise. That said, he's not worried nor selling his shares. He's still in.
HOLD
Transports are down, yes, but it's anecdotal. XPO should be $100 today. He needs to look into XPO further before he buys more shares, but he won't sell either.
COMMENT
There will be a pretty bad quarter in their investment banking businesses among the US banks. Rough. Who is buying SPACs anymore and where are the IPOs? He likes the managers of both banks and these shares will be higher in a year.