Buy Valero And Interpublic Group Of Companies

The relative strength/seasonality screen applied to the sectors tells us that energy is top-ranked for December.

Valero is number one in the energy sector for the month of December in this top-ranked sector. The histogram below tells us that the stock has risen 72% and 68% respectively in the months of December and January. From November 30th through yearend, the stock has risen 71% of the time over the last 24 years. The technical picture is supportive of higher prices, likely to the $150 area.

Valero 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)

Valero Daily Graph

The Interpublic GroupIPG
of Companies provides advertising and marketing services. The stock is top-ranked for the month of December in the S&P 500. Seasonally, it has been the single strongest stock in the index in December, rising almost 81% of the time. The stock is ranked number 16 in terms of relative strength. The shares are likely to challenge the old high just below $40.

IPG Monthly Histogram

Blue: Average Percentage Change

Red: Probability of a rise on that day

Green: Expected Return (Product of the first 2)

IPG Daily Graph

Source: https://www.forbes.com/sites/greatspeculations/2022/11/28/stocks-this-week-buy-valero-and-interpublic-group-of-companies/