StevenCress
StevenCress
Head of Quantitative Strategies at Seeking Alpha.
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Booking Holdings: My #1 Stock Pick For 2024

Summary Showcasing five consecutive top-and-bottom-line earnings beats, I’ve selected a market-leading Consumer Discretionary stock for the New Year, with gross bookings of $40B in Q3 2023. Seeking Alpha’s Quant Ratings and Factor Grades highlight company fundamentals and whether a stock is strong or weak on key investment metrics. In 2024, consider a top Quant-ranked Consumer Discretionary with a diversified portfolio of companies. This stock benefits from strong brand recognition and offers growth, upward analysts’ revisions, and profitability that outpaces its sector. In 2023, I chose SMCI as my top stock pick when it was trading at $81 per share. It has since soared an impressive 294%, trading over $318! 2d illustrations and photos I’m selecting a high-quality global stock with tremend
Booking Holdings: My #1 Stock Pick For 2024

Expedia: Well-Positioned For Growth Amid Online Travel Boom

Summary Expedia’s stock has shown strong momentum over the last 12 months, with major tailwinds blowing in its favor. The IATA expects passenger travel to hit an all-time high in 2024, while researchers project the online travel market to grow to $1.56 trillion by 2030, a CAGR of nearly 13%. Expedia is making solid headway in the fast-growing Asia-Pacific region led by the B2B China segment, which grew 150% YoY in Q3. Strong momentum, profitability, and growth have Expedia among Seeking Alpha’s top Quant-rated stocks in the Hotels, Resorts, and Cruise Lines industry. Although Booking Holdings is my number one stock pick for 2024, Expedia offers strong upside potential in a massive industry and could be trading at a relative discount based on key metrics like PEG Forward ratio. HAKINMHAN Th
Expedia: Well-Positioned For Growth Amid Online Travel Boom

Toyota Stock Remains A Strong Buy Amid EV Sales Surge

Summary In October, I recommended Toyota as a Strong Buy and strong year-end sales results have bolstered this thesis as the auto giant executes on its bid to gain EV market share. Toyota EV sales volumes surged 30% YOY in the U.S. in 2023, accounting for ⅓ of units sold. Toyota is #1 among Seeking Alpha’s Quant-rated automaker stocks, securing high grades in every key category, including growth, valuation, and profitability. HJFBooysen/iStock Editorial via Getty Images One of the most attractive investments in the industry, Toyota (NYSE:TM) has secured the #1 slot among Seeking Alpha's Top Quant-Rated Auto Ma
Toyota Stock Remains A Strong Buy Amid EV Sales Surge
avatarStevenCress
2023-09-06

China May Be Slowing Down, But PDD Is Surging

CreativaImages Best Chinese Stock U.S. stocks have surged in 2023 on the heels of a tech re-emergence (XLK) as the top-performing sector, +41% YTD and +30% over the last year. Although there are risks to investing in Chinese stocks, there's a substantial investment opportunity in China's market, despite a fall in investor optimism – from growth to value investing – or both! The MSCI China Index was down 21.93% to end 2022 but is modestly up 4.71% through July 31, 2023, versus the
China May Be Slowing Down, But PDD Is Surging
avatarStevenCress
2023-08-24

Highly Concentrated Rally Expanding To Other Sectors; Quant Stock Picking

Sergey_P Listen below or on the go on Apple Podcasts and Spotify Steven Cress, head of Quantitative Strategy at Seeking Alpha, joins Kim Khan to discuss the current stock market landscape and how it's shifted from the 1st half surge (0:25). Market rotation and more breadth - are we in a stock picking environment? Quant Rat
Highly Concentrated Rally Expanding To Other Sectors; Quant Stock Picking
avatarStevenCress
2023-08-24

Top 3 AI Stocks: Buy The Dip

mesh cube Mega Cap Stocks Lead the U.S. Market Rally U.S. stocks have rallied in 2023, with Mega-Tech stocks paving the way, leading the rally as the NASDAQ Composite is up over 30% YTD. S&P 500 vs. Dow Jones vs. Nasdaq YTD Performance S&P 500 vs. Dow Jones vs. Nasdaq YTD Performance (Seeking Alpha Premium) One of the most popular sectors, the tech-heavy Nasdaq, has gained amid the AI frenzy as investors hope to capitalize on the massive return potential of artificial intelligence. Where positive sentiment has created a surge for companies like NVIDIA (NASDAQ:NVDA) deemed the ‘
Top 3 AI Stocks: Buy The Dip
avatarStevenCress
2023-08-24

Top AI Stock Picks And Foot Locker's Disappearing Dividend With Steven Cress

da-kuk Listen below or on the go via Apple Podcasts or Spotify. Steven Cress, head of Quantitative Strategy at Seeking Alpha joins us to discuss sudden opportunities in the AI space given the recent pullback. We discuss Nvidia’s (NVDA) one good value metric (3:25), the top 3 buy-the-dip opportunities (5:28) and how Quant Ratings spied Foot Locker’s (FL) problems (
Top AI Stock Picks And Foot Locker's Disappearing Dividend With Steven Cress
avatarStevenCress
2023-08-19

Quant Rating Spies More Top Stocks As Market Breadth Widens With Steven Cress

ismagilov Listen below or on the go via Apple Podcasts or Spotify. Steven Cress, head of Quantitative Strategy at Seeking Alpha joins us to discuss the current stock market landscape and how it’s shifted from the first-half surge. We talk about Quant Ratings' top picks for the second half of 2023 (7:00), uncertainties in H2 that could lead to buying opportunities (13:10), a resurgent Energy sector (15:30) and screening with Quant Ratings to unearth names (19:18). Transcript Kim Khan: Welcome to the Investing Experts Podcast. I'm your host, Kim Khan. And today, my g
Quant Rating Spies More Top Stocks As Market Breadth Widens With Steven Cress
avatarStevenCress
2023-05-11

BABA Signaling Long Term Entry Point

$Alibaba(BABA)$ since BABAs IPO, some may have missed out on the nice upward move. I got in and got out early myself. Now tho putting a long term investment view I see some good entry points based on oscillators and stochastic data from weekly chart data. In combination with simple yearly wave cycles, i see BABA is positioned in an attractive longterm buyers entry point. I've probably seen a completion in correction and entering the next Leap for a 3rd wave. There may some accumulation interest going on, early indication of buyer interest.Trade smart. Cheers.
BABA Signaling Long Term Entry Point

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