These are the best companies in the USA right now

There’s a lot of opportunity out there in the market right now.

With stocks on the rise and indexes closing at all-time highs, it’s important to know which opportunities are worth pursuing and which aren’t.

That’s why we scan the market throughout the week looking at various universes, each containing different types of stocks.

And our favorite scan is focused smack dab on the best companies in the USA.

In our Heavy Hitters Report, we look through thousands of stocks domiciled within the USA, add some liquidity and technical filters, and then filter them by proximity to 52-week highs.

The strongest American stocks rise to the top, giving us a great chance at owning some of the market leaders moving forward.

Here’s what our scan shows us today:

Take a look at how many stocks are pressing into their 52-week highs..

And while we already own a bunch of these inside The Trading Initiative, there’s one we just recently opened last week that is confirming its breakout right now.

Lowes Companies LOW, a 148bn home improvement company:

Here’s a name we went through last Thursday during our free mid-monthly charting session. Kudos to those of you who attended!

Breaking out into all-time highs, LOW is resolving higher after spending the last two years consolidating sideways underneath its 2021 highs.

Trading above an upwards sloping 200-day moving average, within a bullish momentum regime, and into big blue skies, we want to own LOW above 261.50 with a price target up in-between 315.00 and 320.00.

We’re currently in a combination of shares and options contracts, buying the January 17th 2025 290 Calls which are currently up around 19% pre-market.

What makes trade specifically attractive is that it’s the fourth largest holding within the consumer discretionary sector, a sector that we have identified as a top-3 sector to outperform through the end of the year.

Our goal is to not only own good stocks showing momentum, but also own the strongest stocks when compared to a basket of their peers.

And we think LOW has a real shot at being a leader within the consumer discretionary space over the next 3-4 months.

If this makes sense to you and you’d like more, I invite you to check out all of our market research by clicking here.

We post these types of trades, backed by logic and price, all week.

Let me know which stocks stand out to you on this list and whether or not you already own some of them!

Cheers,

Hamilton

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