This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Huge Stocks to Trade for Gains in March

Apple

Apple (AAPL - Get Report), on the other hand, couldn't look more different.

This tech sector behemoth has been getting shellacked since shares topped back in September, and now is certainly not the time to be a buyer, even if the broad market looks more bullish than ever. Apple is forming the exact opposite setup from HBI and the broad market. The Cupertino, Calif.-based firm is currently trading lower within a downtrending channel. Short-sellers should look to bet against AAPL on a bounce off of resistance in the near-term.

I've said before that I'm a fan of Apple, just not a fan of its stock right now. In spite of the fundamental reasons to like AAPL, you can't fight the tape on this trade. Apple is clearly still being sold off en masse, and it's critical to wait for this stock to find meaningful support before jumping in. So far, shares are down more than 37% in the last six months, and they could be trading at an even bigger discount.

That said, as this $400 billion firm's massive cash position continues to become a bigger chunk of its market capitalization, buyers are going to start coming back out again. It's just a matter of when.

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $132.54 0.00%
AAP $160.20 0.00%
HBI $32.35 0.00%
KBR $18.30 0.00%
SPY $212.99 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs