Don't Ignore This Chart!

This Stock Is Ready For Takeoff!

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I'm regularly screening the market for stocks poised to outpace the markets and, since I'm looking for characteristics proven to be common among big winners prior to takeoff, the more of these traits a stock has, the better the odds it will do well.

Below is Air Transport Services Group (ATSG), a stock that has a lot going for it. To begin, it's in an industry group that is regaining its momentum as we head into the busy holiday season. This Delivery Services company is also part of the recently strong Small Cap area of the markets, where investors have flocked due to optimism surrounding an economic recovery on positive vaccine news.

DAILY CHART OF AIR TRANSPORTATION SERVICES GROUP (ATSG)

Even more importantly, the company recently reported 3rd quarter earnings that were 43% above estimates, as cargo demand has soared amid a pickup in digital sales. Management guided higher going forward, which has analysts bullishly raising their estimates for both this year and next.

Lastly, the stock broke out of a 3-week base on volume today, which is another key trait of a winning stock. From here, you'll want to see the stock continue to trend higher and use any pullback to its shorter-term moving average as a buy point, provided it remains above that mav.

We've seen a pronounced rotation within the markets over the past week and yesterday, a new Industry group just confirmed its bullishness! This group has tremendous upside as do the select stocks we've identified. Take a 4-week trial of my MEM Edge Report for a nominal fee to receive this timely information!


Warmly,

Mary Ellen McGonagle, MEM Investment Research

Mary Ellen McGonagle
About the author: is a professional investing consultant and the president of MEM Investment Research. After eight years of working on Wall Street, Ms. McGonagle left to become a skilled stock analyst, working with William O’Neill in identifying healthy stocks with potential to take off. She has worked with clients that span the globe, including big names like Fidelity Asset Management, Morgan Stanley, Merrill Lynch and Oppenheimer. Learn More
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