Hello Traders,
I have a quick write-up for a new trade recommendation today. This time, we’re adding another position to the Stock Trading Portfolio.
My research process for selecting trade ideas starts with growth fundamentals. Stock prices ultimately follow earnings, so a period of recent and forecasted strong quarterly earnings growth is a core component of my strategy.
Today’s new addition is expected to grow earnings 39% this year and 30% next year. The stock popped out of a core chart setup during its most recent earnings report just this week.
