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Ross Givens
Stock Trader & Educator
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Traders Agency > The Top Stock Providing New-New Things for Profits Now
The Top Stock Providing New-New Things for Profits Now
This week, we are presenting a company that has been the enabler and empowering company for many of the major breakthroughs in technology, including biopharmaceuticals and other new-new things that save lives as well as making them all the better.
It has been around since 1904 – the year that the US hosted the first modern Olympics and the major World’s Fair in Saint Louis, Missouri, so a good year for the nation and this company.
At Top 5, we have been following the hot market for innovations, particularly for the behind-the-scenes companies that enable the best new-new things to come to market and have the leading US stock in this sector for you to trade this week.
And indeed, this stock is set for a further good quick gain in our trade this week for our Top 5. We project a nice potential return in this technology stock that the world can’t operate without.
This continues our successes in our stock trades inside Top 5 with the average return on our hit stock trades at 7.66% for a total gain for hit trades running at 543.71%. And for the stock option alternatives presented for many of the stocks, the average gain for hit trades is running at 41.99%.
So, for weekly hit stock trades and stock option alternatives, these returns add up and can compound to amount to four-figure returns over the year.
The Supplier for New-New Things
Avantor (AVTR) is the Radnor, Pennsylvania-based company that provides a collection of must-have products and services to the biopharma, educational, technology and other companies as well as to governments.
Its products are essential for research and production of some of the newest discoveries and processes making it a go-to company for the next new-new things and services.
The company is faring very well with sales up for the recent quarter by 25.69%. And as it sells more, it does it more profitably with gross margins running at an impressive 27.73%.
And it is getting noticed in the market from last week into this week.
The stock has gained 36.06% so far this year. But it drifted off from its recent highs setting up the trading opportunity now for the stock even as it is getting more buyers again right now.
Here is our latest analysis for the stock trades and how it sets up for this week.
The trade to make for Avantor is to buy the shares and hold it for the target price of $43.31. But ideally, you should wait for a pullback to around $39.00 for the better trade to make at a great price.
From the current price of around $40.66, it represents a potential cash gain on the shares of 6.52%, or 11.05% from $39.00 for a short-term trade.
Keep on trading,
Josh Martinez
Editor, Top 5
P.S. This is a great pick, but it’s still only one out of my Top 5. To find out about the rest of the trades I’m recommending, complete with specific entry and exit points, you need to click here and join me on the Top 5 journey…
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