S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength

Your stocks to watch for the week ahead are Cheniere Energy (LNG), S&P 500 biotech giant Vertex Pharmaceuticals (VRTX), Cardinal Health (CAH), Steel Dynamics (STLD) and Genuine Parts (GPC).

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While the market remains in correction, with analysts and investors wary of an economic downturn, these five stocks are worth adding to watchlists. S&P 500 medical giants Vertex and Cardinal Health have been holding up, as health-care related plays tend to do well in down markets.

Steel Dynamics and Genuine Parts are both coming off strong earnings as both the steel and auto parts industries report optimistic outlooks. Meanwhile, Cheniere Energy saw sales boom in the second quarter as demand in Europe for natural gas continues to grow.

Major indexes have been making rally attempts with the Dow Jones and S&P 500 testing weekly support on Friday. With market uncertainty, investors should be ready for follow-through day breakouts and keep an eye on these stocks.

Cheniere Energy, Cardinal Health and VRTX stock are all on IBD Leaderboard.

Cheniere Energy Stock
LNG shares rose 1.1% to 175.79 during Friday’s market trading. On the week, the stock advanced 3.1%, not from highs, bouncing from its 21-day and 10-week lines earlier in the week.

Cheniere Energy has been consolidating since mid-September, but needs another week to forge a proper base, with a potential 182.72 buy point formed on Aug. 10.

Houston-based Cheniere Energy was IBD Stock Of The Day on Thursday, as the largest U.S. producer of liquefied natural gas eyes strong demand in Europe.

Even though natural gas prices are plunging in the U.S. and Europe, investors still see strong LNG demand for Cheniere and others.

The U.K. government confirmed last week that it is in talks for an LNG purchase agreement with a number of companies, including Cheniere.

In the first half of 2021, less than 40% of Cheniere’s cargoes of LNG landed in Europe. That jumped to more than 70% through this year’s second quarter, even as the company ramped up new export capacity. The urgency of Europe’s natural gas shortage only intensified last month. That is when an explosion disabled the Nord Stream 1 pipeline from Russia that had once supplied 40% of the European Union’s natural gas.

In Q2, sales increased 165% to $8 billion and LNG earned $2.90 per share, up from a net loss of $1.30 per share in Q2 2021. The company will report Q3 earnings Nov. 3, with investors seeing booming profits for the next few quarters.

Cheniere Energy has a Composite Rating of 84. It has a 98 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share price movement with a 1 to 99 score. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 41.

Vertex Stock
VRTX stock jumped 3.4% to 300 on Friday, rebounding from a test of its 50-day moving average. Shares climbed 2.2% for the week. Vertex stock has formed a tight flat base with an official buy point of 306.05, according to MarketSmith analysis.

The stock has remained consistent over recent weeks, while the relative strength line has trended higher. The RS line tracks a stock’s performance vs. the S&P 500 index.

Vertex Q3 earnings are on due Oct. 27. Analysts see EPS edging up 1% to $3.61 per share with sales increasing 16% to $2.2 billion, according to FactSet.

The Boston-based global biotech company dominates the cystic fibrosis treatment market. Vertex also has other products in late-stage clinical development that target sickle cell disease, Type 1 diabetes and certain genetically caused kidney diseases. That includes a gene-editing partnership with Crispr Therapeutics (CRSP).

In early August, Vertex reported better-than-expected second-quarter results and raised full-year sales targets.

S&P 500 stock Vertex ranks second in the Medical-Biomed/Biotech industry group. VRTX has a 99 Composite Rating. Its Relative Strength Rating is 94 and its EPS Rating is 99.

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Cardinal Health Stock
CAH stock advanced 3.2% to 73.03 Friday, clearing a 71.22 buy point from a shallow cup-with-handle base and hitting a record high. But volume was light on the breakout. CAH stock leapt 7.3% for the week.

Cardinal Health stock’s relative strength line has also been trending up for months.

The cup-with-handle base is part of a base-on-base pattern, forming just above a cup base cleared on Aug. 11.

Cardinal Health, based in Dublin, Ohio, offers a wide assortment of health care services and medical supplies to hospitals, labs, pharmacies and long-term care facilities. The company reports that it serves around 90% of hospitals and 60,000 pharmacies in the U.S.

S&P 500 stock Cardinal Health will report Q1 2023 earnings on Nov. 4. Analysts forecast earnings falling 26% to 96 cents per share. Sales are expected to increase 10% to $48.3 billion, according to FactSet.

Cardinal Health stock ranks first in the Medical-Wholesale Drug/Supplies industry group, ahead of McKesson (MCK), which is also showing positive action. CAH stock has a 94 Composite Rating out of 99. It has a 97 Relative Strength Rating and an EPS rating of 73.

Steel Dynamics Stock
STLD shares shot up 8.5% to 92.92 on Friday and soared 19% on the week, coming off a Steel Dynamics earnings beat Wednesday night.

Shares blasted above an 88.72 consolidation buy point Friday after clearing a trendline Thursday. STLD stock is 17% above its 50-day line, definitely extended from that key average.

Steel Dynamics’ latest consolidation could be seen as part of a larger base going back six months.

Steel Dynamics topped Q3 earnings views with EPS rising 10% to $5.46 while revenue grew 11% to $5.65 billion. The steel producer’s outlook is optimistic despite weaker flat rolled steel pricing. STLD reports its order activity and backlogs remain solid.

The Fort Wayne, Indiana-based company is among the largest producers of carbon steel products in the U.S. It engages in metal recycling operations along with steel fabrication and produces myriad steel products.

How Millett Grew Steel Dynamics From A Three Employee Business

STLD stock ranks first in the Steel-Producers industry group. STLD stock has a 96 Composite Rating out of 99. It has a 90 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share-price movement that tops at 99. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 98.

Genuine Parts Stock
GPC stock gained 2.8% to 162.35 Friday after the company topped earnings views with its Q3 results on Thursday. For the week GPC advanced 5.1% as the stock held its 50-day line and is in a flat base.

GPC has an official 165.09 flat-base buy point after a three-week rally, according to MarketSmith analysis.

The relative strength line for Genuine Parts stock has rallied sharply to highs over the past several months.

On Thursday, the Atlanta-based auto parts company raised its full-year guidance on growth across its automotive and industrial sales.

Genuine Parts earnings per share advanced 19% to $2.23 and revenue grew 18% to $5.675 billion in Q3. GPC’s full-year guidance is now calling for EPS of $8.05-$8.15, up from $7.80-$7.95. The company now forecasts revenue growth of 15%-16%, up from the earlier 12%-14%.

During the Covid pandemic, supply chain constraints caused a major upheaval in the auto industry, sending prices for new and used cars to record levels. This has made consumers more likely to hang on to their existing vehicles for longer, driving mileage higher and boosting demand for auto replacement parts.

Fellow auto stocks O’Reilly Auto Parts (ORLY) and AutoZone (AZO) have also rallied near buy points amid the struggling market. O’Reilly reports on Oct. 26.

IBD ranks Genuine Parts first in the Retail/Wholesale-Auto Parts industry group. GPC stock has a 96 Composite Rating. Its Relative Strength Rating is 94 and it has an EPS Rating of 89.

Lack Of Basic Nutrition Creates Generation Of Criminals, Prison System Society

A new study published in the American Journal of Psychiatry shows that children who experience malnutrition exhibit strikingly increased behavioral disorders and aggressive behavior as they grow older. The study looked at children between the ages of eight and 17 years, and found some rather shocking statistics about their behaviors.Children who suffered certain nutritional deficiencies demonstrated a shocking 41% increase in aggression at age eight. At age 17, they demonstrated a 51% increase in violent and antisocial behaviors. And the only difference is their diet. It’s all about the foods they were eating and the nutrients they were missing.What specific nutrients were missing from their diets? Four primary nutrients were tried in the study: Zinc, iron, B vitamins and protein. Malnourished children weren’t getting crucial minerals like zinc and iron, and they weren’t getting the B vitamins they needed to develop healthy nervous systems. And a healthy nervous system is a prerequisite for mental and emotional health and stability.Now let’s talk about these nutrients in a little more detail and explore why these nutritional deficiencies are so widespread. Zinc is perhaps the single most common nutritional deficiency in the American population. Estimates are that more than 80% of the population is deficient in zinc. As a result of that deficiency, people’s immune systems are impaired, they’re not able to resist infectious diseases such as influenza, they’re not able to heal their wounds as quickly and they’re not able to recover from surgical procedures as quickly as they could if they had zinc. It also affects fetal development in pregnant women and impairs neurological function.And yet zinc is cheap! It only costs a few pennies a day to supplement our diets with zinc. In fact, it’s one of the least expensive supplements you can get. But in our country we still have widespread chronic deficiencies. And as we’re seeing in studies like this, our zinc deficiency is leading to – let’s say it bluntly – criminals.Why do we have so many criminals in this country? Because so many of them are raised with nutritional imbalances which then distort their mental function, their mood, their response to stress and their ability to be successful in modern society. At least those are major contributing factors.At the same time we have B-vitamin deficiencies, which is interesting because so many of the popular food products sold in grocery stores all over the country and around the world actually deplete the body of B vitamins. The two most common ingredients in our foods seem to be white flour and sugar. It’s hard to find any product in the grocery store, it seems, that isn’t made with flour or some form of added sugars, whether it’s sucrose, high fructose corn syrup, dextrose or just plain sugar. These two ingredients are both highly refined ingredients, and they tend to strip away nutrients from the bodies of people who consume them. For example, when a person eats a donut, that donut contains both white flour and added sugars, which deplete the body of B vitamins, causing deficiencies. And it is these deficiencies that lead to antisocial behavior, aggressive behavior and ultimately criminal behavior – especially among males.Another dietary factor in these behavioral disorders, it turns out, is a lack of quality protein. People aren’t getting high quality protein because they think the only place to get protein is from beef and red meat, when in fact superfoods like spirulina offer much higher quality protein. Soy and rice proteins are also much higher quality proteins. In fact, there are many plant proteins that are actually healthier proteins for human beings, but are not being adequately consumed by the American population. People tend to turn to meat and milk, and those are in my opinion the worst sources of protein if you wish to maintain long-term health.So we have a population that suffers from widespread nutritional deficiencies – that much we know. But what may surprise you is how we actually deal with these deficiencies. Instead of spending a few dollars a month on nutritional supplements that would prevent these chronic diseases and aggressive behaviors, we end up spending hundreds of billions of dollars a year on building new prisons and treating these people with expensive prescriptions and mind-altering drugs. When it comes to children, for example, instead of giving them the food they need to be healthy, which would prevent these diseases and disorders, we dose them on Ritalin, antidepressants and other mind-altering drugs. This is expensive. It also impairs the child’s learning capability while at the same time increasing the child’s risk of violent behavior and suicide.Here we have a nutrient deficiency, most notably the B vitamins, that is causing children to act aggressively and be diagnosed with ADHD. The solution offered by conventional medicine is to dose them with antidepressant drugs that actually promote more aggressive behavior as we’ve seen in recent school killings. What kind of solution is that? It sounds crazy, but it’s exactly the solution being implemented every day, right now, all across the country. Perhaps even with your child. But these kids don’t need drugs; they need vitamins, nutrition and healthy foods.But even if you went to the grocery store for fruits and vegetables and ate them three times a day, you still wouldn’t be getting adequate nutrition. To figure this out for yourself, just do the math. Add up the U.S. Recommended Daily Allowance (RDA) numbers on the labels of all the foods you consume, and you’ll find out that if you’re going to meet the minimum requirements set by the U.S. government for preventing chronic disease, you’re going to have to eat, on average, 10,000 calories a day of grocery store foods. That’s 500% more food than an individual needs if they’re a healthy adult of average weight. It’s impossible to eat that much, even if you try hard. Morgan Spurlock, the creator of the “Supersize Me” documentary, ate nothing but McDonald’s food for 30 days. He stuffed himself with McDonald’s food three times a day and still only managed to eat about 5,000 calories. You would have to double Spurlock’s incredible feat to eat 10,000 calories a day. And only then would you be meeting the minimum requirements for nutrition.And yet, those minimum requirements aren’t enough to experience optimum health; all they do is prevent the most obvious nutritional deficiency diseases such as beriberi, scurvy or even rickets. If you want to get optimum health, you’ve got to supplement your diet through nutritional supplements, or by consuming superfoods like chlorella or spirulina, sprouts, berries and products like The Ultimate Meal or Berry Green. This is the only way you can get adequate nutrition.As we’re now realizing with this study, a huge segment of our childhood population clearly is not getting this nutrition. As a result, we are raising yet another generation of children with behavioral disorders, aggression and problems with the law. Essentially, we are raising tomorrow’s criminals. These are the people that will be put in federal prisons that you and I will have to pay for with our taxpayer dollars. We’re going to have to support them, and it costs a lot of money to support prisoners. Not only do they not produce anything, they don’t pay taxes or contribute to the revenue needed to support society. They actually suck away revenues from society by costing something like $60,000 per year per prisoner on average. They simply waste away without learning new skills that could help them assimilate back into society someday.Now think about it. We could spend a few dollars a month on our children, and give them nutritional supplements that prevent all of this. The choice is this: spend a few dollars a month on supplementing our kids’ nutrition, or let this become a full-blown problem where we have to build more prisons and spend tens of thousands of dollars every year to support them in our federal prison system. Which choice makes more sense? If you were running the country and had to decide where to spend the money, where would it make more sense? Should you spend a couple of dollars a month on nutritional supplements for children and pregnant women, or should you spend $60,000 a year on each and every criminal that is created by nutritional deficiencies?So what’s the solution here? It’s easy. Nutritional supplements should be made available free of charge to the entire population. The government (the taxpayers, actually) should provide free vitamins, minerals and phytonutrients to the population, especially pregnant women and children, so that we can prevent birth defects and behavioral disorders early on. We would save countless dollars down the road. This is something I’ve supported for a long time and I will continue to promote.But of course, nothing is free. American taxpayers would be footing the bill, but it is a wise investment. By spending a few dollars on disease prevention today, we are avoiding the long-term expenditure of a lot more money taking care of a society full of criminals. Nutrition is a great investment, and preventing disease has a big payoff for society. I say we pay close attention to these studies and find ways to provide better nutrition to our children, our expectant mothers and our general population so that we can prevent these diseases before they become problems for society.Copyright 2006 Truth Publishing

Sharing The Good News

Have you ever felt like you just had to share your latest good news with anyone and everyone around you, but they literally had no interest whatsoever in what you had to say? Although intended for the best, sometimes sharing the good news is not always a positive outcome.After all, people know you remember things.And every time they see you coming with that “have I got a deal for you” look of wide eyed innocence about you… they also know to be very aware with the question in their minds… what is he going to try and sell on now!?More often than not it seems as if you’re the only one oblivious to their burn out of your good news tactics and gracious offers for them to improve their lives and make more money and retire to the Florida Keys sooner than later while improving their health and well being with your new vita-pill-drink!.Both they and you know that you’re really not a bad person. The fact of the matter is that you just want to see everyone as healthy and happy as your latest new venture is promising to make the both of you. You’re just sharing the good news. I mean, after all, you could see and realize the benefits of this amazing product and were immediately sold on it… so everyone you know should jump on this opportunity as sure and as fast as you did, right!You don’t need that kind of pressure. Time to get this monkey off you back!So, as a new business person, you have to write these folks off your list and warm and friendly contacts (because the industry of network marketing labels them that way) and you end up losing your rank and status in the arena of family and friends because that same win at all costs industry says if they cannot or will not support you in whatever your dreams are, then you didn’t need them anyway.So, does that mean the pressure is now off and you as a big shot entrepreneur are free and able to tackle anyone you come in contact with using your new found attitude as fair game for your business? I would certainly hope not. That is a pure case of not sharing the good news!What you really need to remember at this point in your little business rant to save the world is… “don’t try to share your seemingly good fortune” with everyone or everything that moves!Keep in mind that some people will be wide open to change and new ideas, having been prepared by the your giving spirit from times past.But, there are those that you have engaged just as soberly before that may not be so open to yet another invitation to be set free from your definition of their less than stellar lives.When you come across those that are not, relax, don’t push them. When it comes to sharing the good news, you need to realize that it’s just not their time.If and when you sense a resistance or an uncomfortable response, just tactfully, professionally and lovingly change the subject.Demonstrate true sensitivity and concern for this person and be mindful that their time will come..it may be next week, next month or perhaps even tomorrow..or even more so, never. You just need to stay close to your moral and ethical business conventions. There’s a time and a place for everything and everyone.Having said that, I have to also state that I am not putting down or am opposed to the great many men and women who make their livelihoods persuading and selling to the masses in our society. Some of these great selling giants do come with even greater values in sharing the good news.Giving in is not necessarily always a matter of giving up.Sometimes you have to give yourself permissions to leave, to walk away, to not challenge certain conventions. And in doing so, you will gain a healthy respect for the individual as you are encouraged to listen to your inner-self and be a guiding force rather than just another selling force for something that many may not be in the market to buy.A Friend in Business… and Life… Always,-Lon-