Latest / STOCK PICKS BY JOE COTTON CHAMPION STOCK PICKER / Two Stock Picks and a Bear Market Warning

Transcript

Two Stock Picks and a Bear Market Warning · STOCK PICKS BY JOE COTTON CHAMPION STOCK PICKER

• 0:04
  SPEAKER_01: Hi, and welcome to our podcast.
• 0:08
  SPEAKER_01: My name is Joe Cotton, and I'm a champion stock picker and expert market timer.
• 0:14
  SPEAKER_01: You can subscribe to my market letter, Cottons Technically Speaking, at our website, www.cottonstocks.net.
• 0:22
  SPEAKER_01: It comes with a risk-free 30-day 100% money-back guarantee from data purchase.
• 0:28
  SPEAKER_01: Nothing I say in this video is investment advice.
• 0:32
  SPEAKER_01: For investment advice, contact a registered investment advisor or certified financial planner.
• 0:38
  SPEAKER_01: Now I've I've got two stock picks today, but we are extremely cautious about this market due to the current extreme geopolitical risks, especially the Iran War.
• 0:49
  SPEAKER_01: On Tuesday, September 8th at 4.38 a.m.
• 0:53
  SPEAKER_01: I advised my subscribers that we would be selling if the Dow Jones cross below us 50-day moving average of 52,944.80 for two days in a row, which it has done.
• 1:06
  SPEAKER_01: So now the odds are that we are in a beginning stage of a devastating bear market.
• 1:14
  SPEAKER_01: That being said, if you're on margin in a bear market, you can lose everything.
• 1:19
  SPEAKER_01: To be prudent, we would be selling and moving to the sidelines.
• 1:23
  SPEAKER_01: So my stock picks today are alphabet and flutter, but don't buy them today.
• 1:30
  SPEAKER_01: Wait to see what the Dow does.
• 1:33
  SPEAKER_01: The first pick is Alphabet, the symbol G-O-O-G, it closed Friday at$335.45.
• 1:50
  SPEAKER_01: On August, Rosenblatt gave it a buy rating.
• 1:58
  SPEAKER_01: If you look at the chart, you can see it has a it had a bearish MACD crossover in early August, and it crossed below its 50-day moving average the first week of August.
• 2:10
  SPEAKER_01: Per finsbiz.com it has 5.33 billion shares outstanding and 45.27 million shares are short, which makes for a small short float of only 0.88%.
• 2:25
  SPEAKER_01: Insiders own 52%.
• 2:27
  SPEAKER_01: The current earnings are$19.91 per share and a low PE ratio of only 16.85.
• 2:36
  SPEAKER_01: Next year's earnings estimates are$15.11 per share and a 12-month forward PE of 22.21, still a relatively low number.
• 2:48
  SPEAKER_01: The dividend yield is only 0.24%.
• 2:53
  SPEAKER_01: Insider selling is relatively low.
• 2:56
  SPEAKER_01: We expect the stock to move back above its 50-day moving average of 346.18 in the near future and break above the top trend line of the six-month triangle formation.
• 3:09
  SPEAKER_01: But if it closes below the bottom trend line of that triangle, we would be selling.
• 3:14
  SPEAKER_01: Now our next stock pick is Flutter Entertainment.
• 3:18
  SPEAKER_01: The symbol is F L U T.
• 3:22
  SPEAKER_01: It closed Friday at$100.56.
• 3:26
  SPEAKER_01: The company engages in the business of online betting and gaming.
• 3:33
  SPEAKER_01: Its popular U.S.
• 3:34
  SPEAKER_01: betting entity is FanDuel.
• 3:37
  SPEAKER_01: Wolf Research gave it an outperformed rating and a$150 price target target on September 2nd.
• 3:51
  SPEAKER_01: Now as you can see from the five-year chart, it sold as high as$310 in July of 2025, and then had a huge 200-point drop in the next seven months and lost two-thirds of its value.
• 4:11
  SPEAKER_01: Since March, it's been making a six-month, six-month consolidation pattern.
• 4:17
  SPEAKER_01: It crossed above its 50-day moving average three times since June of 2026, and it had a bullish MACD crossover around August 20th.
• 4:28
  SPEAKER_01: We think it's going to cross back above its 50-day moving average of 102.25 shortly and then begin to move up in earnest.
• 4:37
  SPEAKER_01: Per FINBIS, it has 173.48 million shares outstanding and a float of 140.91 million shares.
• 4:48
  SPEAKER_01: 10.47 million shares are short, which is a short float of 7.43%.
• 4:55
  SPEAKER_01: The kicker here is that the current earnings are minus$4.30 per share.
• 5:02
  SPEAKER_01: But Finvis shows next year's earnings estimates of$7.34 per share and a forward PE of only$13.71.
• 5:13
  SPEAKER_01: Now you can bet that when and if these earnings do begin to materialize, the shorts will run to cover and cause a big boost in the stock price.
• 5:22
  SPEAKER_01: At this price, we don't see any downside, only upside.
• 5:26
  SPEAKER_01: Insider selling is minimal.
• 5:29
  SPEAKER_01: Want to thank you for listening and good luck.