I. Conservative Recommendation

American Express (AXP) is a holding in Momentum Trader Alert.

American Express is part of the financial sector, which has benefited from the sudden rotation out of technology stocks over the past week.

The company was in the news this week after it signed another co-brand deal with Marriott International Inc. In June, American Express also won exclusive rights to issue credit cards for Hilton Worldwide Holdings Inc.

American Express scores 100% on all the short-, medium- and long-term technical indicators I follow.

II. Aggressive Recommendation

Costco Wholesale (COST) is currently a holding in Smart Money Masters.

Charlie Munger’s favorite stock was hit hard in the summer, as it was swept up in the fervor surrounding Amazon.com’s acquisition of Whole Foods.

In the meantime, Costco kept chugging along, generating strong financial results.

Raymond James gave the stock an “outperform” rating, raising its target price from $173 to $202. The broker called Costco’s recent sales “nothing short of impressive” and expects Costco to gain market share through additional store openings in both the United States and abroad.

Costco stock also has the wind at its back and scores 100% on all technical indicators I follow.

Sincerely,

Nicholas Vardy

Nicholas A. Vardy