Why Stocks Will Stage a Major Move Higher

I believe we are on the cusp of an enormous move higher in the U.S. stock market, as I’ll explain today here in Market360. During this move, the market averages could climb 50% in a year…

Which means many of the high-quality stocks I’m tracking could double, triple even rise 10x higher every year. And the result could be even bigger gains than the 1,239% I achieved in 2013. That’s why tomorrow starting at 7 p.m. ET, during my Breakthrough Stocks Summit, I’ll be making the biggest guarantee in our company history. Click here to RSVP for this free online event now.

That’s the good news. The bad news right now is, of course, the current sell-off related to the COVID-19 coronavirus. Italy is now experiencing an outbreak and is implementing travel restrictions and building closures. But investors should remember, in terms of the U.S. economy, we don’t have a problem, as we’ll see today.

Our stock market remains an oasis. For one thing, we’re a consumer-driven economy – and consumers are happy. Big promises are being made as part of the 2020 presidential campaign…plus, folks are getting a big “tax cut” in the form of cheaper gasoline. Soon, investors will find their footing and go bargain-hunting. That’s especially true for the high-quality stocks I recommend. Those are the ones with the sales, the operating margins, the earnings, the earnings surprises… and high Quantitative Scores in my proprietary system.

I’ll be watching volume very carefully, as I informed subscribers yesterday in Breakthrough Stocks and my other services. Volume has been high to the downside. Even with today’s small bounceback, we’ll likely go sideways here for awhile – but by mid-March, bullish trends will come into play. Fund managers will perform their end-of-quarter “window dressing,” and all those exchange-traded funds (ETFs) need to be realigned. Top-notch stocks like the ones I’m in the business of finding are the ones that will benefit from this ETF buying pressure…not to mention economic factors.

If you take advantage of what’s coming down the road, I’m confident you’ll look back at this time as the time you laid a very, very important stone in the foundation of your retirement.

Why Stocks Will Stage a Major Move Higher

I’m sure you know that as the U.S. economy grows, corporate profits grow with it. And right now, the U.S. economy is firing on all cylinders.

The job market remains strong. Unemployment is down to 3.6% — nearly the lowest in 51 years. And Americans finally have more money than they did before the Great Recession.

Which brings me to my second reason I think we’re in for a market melt up of epic proportions:

After 14 quarters of declining earnings, corporate earnings have finally turned positive. Even better, analysts expect that earnings growth to climb to 10% by the second quarter of 2020.

Best of all, corporate tax cuts have unleashed a tidal wave of money that is about to flood the market, in the form of buybacks. 2019 was an all-time record for S&P 500 buybacks, bringing in a whopping $1 trillion. I expect the buybacks to keep coming in 2020.

And that’s just stock buybacks. It’s no wonder even normally reserved investing veterans like Jeffrey Saut are saying we could be headed for a “buying stampede.”

If You Are the Least Bit Skeptical, Read This

I understand some people might be skeptical that this bull market has room to keep going.

But here’s what I want you to remember: It’s the same way people felt in 2013 after the market’s monster 32% gain and thought the market would have to “take a rest.”

And again in 2014, when the S&P 500 and the Nasdaq posted double-digit gains for the year and people though the market was surely “due for a pullback.”

Then again in 2016, when the market came out of the gates slow in January, so all the doom and gloomers told you the end was finally here and to run for the exits.

And again back in January of 2017, when I said that Dow 20,000 wasn’t a ceiling for this rally, as many feared, but a launching pad.

When the Dow broke through that once unthinkable 20,000 mark, I started shouting from the rooftops that the market was headed even higher.

I went on CNBC’s SquawkBox. I sent out special alerts. I released a new market forecast calling for a Great Market Melt Up.

Some people scoffed. I got my fair share of emails telling me I was crazy.

But the Market Melt Up I predicted was actually even more powerful than I expected, rocketing the Dow past 29,000.

I’ve been saying these last couple months that, ultimately, I’m looking for a further run to Dow 40,000. Most importantly, stock investors will make a lot of money along the way.

Keep in mind that, even during the current panic sell-off, not everything is going down. One of my Breakthrough Stocks, a healthcare I.T. company called Inovalon Holdings (INOV), actually went higher even in Monday’s market weakness. Most importantly, INOV reported stunning earnings last week. 2019 earnings gained more than 92%, year-over-year, and the company raised its 2020 guidance as well.

And that’s just the tip of the iceberg as the continuing Market Melt-Up pushes the market’s hottest, high-quality growth stocks to new heights.

And on Wednesday, February 26, I’m going to reveal the exact investing philosophy I use to find them.

Tomorrow, I’ll Reveal My #1 Breakthrough Stock To The Public

I don’t often give the investing public a peek at my investing methodology – and the last time I made a stock call like the one I’ll make tomorrow was when I named NVIDIA Corp. (NVDA) my stock to buy back in 2016.

Since then the stock has tripled.

I believe this next recommendation could be even bigger. And all I’m asking is for an hour of your time tomorrow evening at 7 p.m. ET.

RSVP at this link for Wednesday’s event, then make sure you clear your calendar and click on your private invitation link about 15 minutes before the hour. See you tomorrow.

More Louis Navellier



RSS Feed

Little Book

InvestorPlace Network