5 PowerRatings Stocks for the Next Five Days: CRYP, RAS, NFLX, MORN, MA
Even though the markets were broadly higher on Thursday, there are still a number of stocks in pull back mode. And among these stocks are our 5 PowerRatings Stocks for the Next 5 Days.
All five of the stocks in this report, based on their Short Term PowerRatings, are stocks that our research indicates are likely to outperform the average stock over the next five days.
Many times traders see the stocks in our PowerRatings lists and can’t wait to put their money on the table. Given the results of our historical backtesting, this is an understandable response. The stocks that receive the highest Short Term PowerRatings, those stocks that earn a rating of “10”, have outperformed the average stock by a margin of nearly 17 to 1 after five days. Even stocks with slightly lower Short Term PowerRatings, PowerRatings that are still in the “consider buying” range of 8-10, have historically proven in our testing to be superior short term bets compared to the average stock.
So if buying these stocks as soon as they appear is not the best way to trade them, what is?
There are many approaches to trading our Short Term PowerRatings. We like to wait for stocks to gain a Short Term PowerRating of 8 for the first time —