Buy Avis Budget And Landstar

The markets are entering the most seasonally favorable period in any year. We look to the S&P 400 index of mid-cap stocks. This average is currently ranked higher than the S&P 500 and the S&P 600 in relative terms. The S&P 500 and the NASDAQNDAQ
are weighted down by large-cap stocks that have been the biggest laggards in 2022. From October 10^th to December 31^st, the index has risen more than 80% of the time. The relative strength/cycle screen of the S&P 400 produces some attractive stocks.

Avis Budget ranks third in the S&P 400 stock screen. Over the last 39 years, the stock has been strongest in the last two months of the year. In December, these shares have risen 69% of the time for an average 6.6% gain. The daily graph shows a price base in both absolute and relative price. Price is likely to rise to the $250-$275 range in December.

Avis Budget Monthly Histogram Of Expected Return

Blue: Average Percentage Change

Red: Probability of a rise on that day

Green: Expected Return (Product of the first 2)

Avis Budget Daily Graph

Landstar is ranked is ranked fifth in the S&P 400 ranking. The fourth quarter strength can be seen in the histogram below. The stock has risen almost 80% of the time in December for an average gain of 4%. From October 9^th to December 31^st, the stock has risen 79% of the time over 29 years for an average 4% gain. The share price is likely to be in the $180-$190 range in December.

Landstar Monthly Histogram

Blue: Average Percentage Change

Red: Probability of a rise on that day

Green: Expected Return (Product of the first 2)

Landstar Daily Graph