Posted May 06, 2021
By Ray Blanco
BUY ALERT: 2 Industrial "Comeback Kids" Break Out!
I love a good comeback story.
After breaking out with his flavor of Latin-infused rock 'n' roll in the 1960s...
Carlos Santana one of my favorite guitarists sputtered through much of the 1980s.
But he kept his head in the game and pushed through the painful years to release his best-selling record of all-time, Supernatural, in 1999.
Aerosmith imploded at the end of the '70s.
But the Boston-bred rockers rose from the ashes to find even bigger success than ever in the 80s and 90s.
When the Eagles split in 1980, drummer/singer Don Henley said once they'd get back together when "hell freezes over."
Well, Hell Froze Over and the band reunited after 14 years to soar into a new, prosperous decade.
In today's video, I highlight two breakout industrial companies using emerging technology to mount their own cool comebacks.
Click the image below to get started.
- The first stock on my watchlist today is United Parcel Service Inc. (UPS).
- UPS is very much a tech company in an industrial companys skin
- But beneath the surface, they use a lot of software technology to help them keep costs down
- After reporting earnings, the stock had a 10%-plus day on very high trading volume
- This is a stock that I could easily see moving higher $20 or $23, making it to $250 or even $300 as we continue the recovery here.
- A lot of their revenue comes from commercial airlines, and they do a lot of work in the defense sector, both of which are very important, especially since were about to see a wave of demand come back into the market for commercial flights
- The most recent breakout we see here is after a pullback. The stock slams up against $80 and then pulls back, using the 50-day moving average as a jump-off point, and smashes through that $80 price target