The company is restructuring under a new CEO, and the stock has multiple catalysts.
The market could rise next week in a mark-up event that sets the stage for final position squaring around Christmas.
Our portfolio is set up for this better-than-expected economic news.
Following the employment report, we'll shift money in tech and buy in retail.
Anything can happen in this volatile environment, but big money might not automatically sell once the tapering process begins.
Their pullbacks are related to secular issues, and we see improvement ahead.
Costco comps were short of expectations -- but another holding, Apple, may have secured a lucrative deal.
Big money is either waiting for Friday's jobs report or cannot figure out how to trade a strengthening economy that improves profits but ends the cheap money flow.
We'll buy more Cummins, Masco and Google, and we'll sell come Costco.
We think this is an incremental positive for JCI.