Home » Watchlist Week of Mar 28th, 2022

Watchlist Week of Mar 28th, 2022

ICL Group Ltd

ICL Group Ltd (ICL) is a $15.6 billion specialty minerals and chemicals company based out of Tel Aviv, Israel.

The stock dipped with the rest of the market at the start of the year but is now pushing towards new multi-year highs.

Here’s how the chart is setting up…

Daily Chart of ICL Group Ltd (ICL) — Source: TradingView

 And here’s how the stock is setting up with my Stock Surge Indicator (SSI)…

  •  Surge score: 98/100
  • % Above 52-wk low: 108%
  • Sales growth: +55%
  • Return on Equity: 19%
  • Triple momentum: yes

Look at the volume bars at the bottom of this chart, and you will notice a huge increase in trading volume over the last several weeks.

The stock topped out at $12.21, retraced slightly and then shot right back to its highs.

I think ICL is a buy at new highs with a sell stop below last week’s low.

Bunge Limited

Bunge Limited (BG) is a $16.5 billion agribusiness and food company based out of St. Louis, Missouri.

The stock has been on a tear since the middle of 2021 and continues to push to new 52-week highs.

Here’s how the chart is setting up…

Daily Chart of Bunge Limited (BG) — Source: TradingView

 And here’s how the stock is setting up with my SSI…

  • Surge score: 96/100
  • % Above 52-wk low: 60%
  • Sales growth: +32%
  • Return on Equity: 29%
  • Triple momentum: yes

Bunge is one of the top-rated stocks in the agricultural sector.

It has been advancing beautifully and even made new highs while the market was making lows – a clear sign of leadership. 

Price is a bit extended right now, but look for a pullback to buy in the $110-$112 area.

The Andersons, Inc.

The Andersons, Inc. (ANDE) is a smaller, $1.8 billion agricultural company focused on grain storage operations as well as fertilizer and other farm products.

Like Bunge, ANDE is also making a series of new 52-week highs.

Here’s how the chart is setting up…

Daily Chart of The Andersons, Inc. (ANDE) — Source: TradingView

And here’s how the stock is setting up with my SSI…

  • Surge score: 98/100
  • % Above 52-wk low: 108%
  • Sales growth: +51%
  • Return on Equity: 10%
  • Triple momentum: yes

With a Surge Score of 98/100, ANDE is outperforming 98% of all other stocks.

As with our other two stocks, volume has surged in a big way over the last four to five weeks, which is a sign that investors are flocking to the agricultural sector.

Shares are up 23% over the last two weeks, so I would prefer to see a small pullback before buying in order to keep risk below 10%.

Others may choose to simply buy at the current price.

Before I go, you’d like a step-by-step walkthrough on how to best take advantage of trades like these…Be sure to check out my recent article, How to Follow My Weekly Trades, to know where I’m buying so that you can follow along.

Ross Givens
Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

STOCK SURGE DAILY
With Ross Givens

Looking for an edge? Ross has the inside scoop on top analysis that will help grow your portfolio.. Receive a new stock opportunity every day and get ready to see your investment SURGE!

Whats in the Article