Buy Amazon And Weight Watchers For The Holidays

Video Length: 00:05:01

This week’s aggressive growth stock picks are Amazon (AMZN –Analyst Report) and Weight Watchers (WTW – Snapshot Report).Stock strategist Brian Bolan and Terry Ruffolo discuss how these play into a holiday theme, with AMZN being the company that people will look to before Christmas and Weight Watchers after the holidays.That said, these are both Zacks Rank #2 (Buy) stocks, so don’t wait to get in on these plays!

AMZN is noted to have strong earnings reports over the last few quarters with Amazon Web Services bringing in most of the profit. Brian notes in the video that he like the Growth Style Score of “A” when the Value score is “F” because that fits with his thesis of how growth investors pay up for a good stock like AMZN and value investors want to avoid it.He also points out that traditional retailers have seen some rather poor earnings reports of late and the idea is that AMZN is taking market share from them.
 
Brian does a quick look at Weight Watchers and this is more about how consumers will act after the holidays, as they look to shed those extra pounds.Brian notes that today, 11/10/15 is important because we will see how much of a change there will be to short interest.After the market closes there will be an update on the NASDAQ site, and we will now if the shorts are in it for the long haul or if they have raised the white flag of surrender.Brian suspects that the shorts are still in the name and it could continue to squeeze higher to the $30 range.Part of this belief is based on the fact that Oprah (who will own roughly 15% of the company) will begin to appear in promotions soon that could further drive awareness.As Oprah drops the pounds, look for WTW to add them to the stock price. 

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