Stocks: Straight-Faced Longs
Tim Knight | Dec 09, 2016 12:42AM ET
If you can’t beat ’em, join ’em, right? Honestly, this Trump rally has put me in a -- how shall i put this? -- deeply contemplative mood, particularly given the special insanity of this week, in which small caps lurch from record high to record high. But in the spirit of this madness, I dug through the list of 180 stocks I have in my “Bull Pen” watch list to pull out those I could still offer, with a straight face, as bullish charts.
To be clear, the vast majority of them look like this, which is all well and good for those of you with time machines, but I just don’t think it’s that useful to point out symbols that have been going up in a straight line for seven straight years now.
h3 Accenture (NYSE:ACN)/h3With that as a preface, here are the charts I found that still look like great longs for the long term.
h3 Analog Devices (NASDAQ:ADI)/h3Anheuser-Busch Inbev (NYSE:BUD)
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Lastly, as long as we’re honoring ascendency into outer space……..RIP John Glenn.
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