Josh Brown's Stock Strategy: Momentum, Losers, and What to Hold

The Dominance of Momentum Investing

• ⚡ Momentum has been the number one factor driving stock performance this year, surpassing value, dividend, and growth strategies.
• 💡 Many stocks on Josh Brown's "best stocks" list have been significant winners due to this momentum.

Managing Underperforming Stocks

• ⚠️ A common investor mistake is buying a stock for one reason and then finding new justifications to avoid taking a loss when it moves against them.
• 📌 Expand Energy is highlighted as a stock in danger, currently below its 200-day moving average, with negative performance in natural gas and crude oil prices.
• 📉 For traders, if a stock breaks technical levels, they should consider exiting, while investors might look for stabilization.

Deere: A Stock Worth Holding

• 🎯 Deere is presented as a stock that still deserves the benefit of the doubt, despite recent pullbacks.
• 📈 The stock has not approached its rising 200-day moving average, suggesting less immediate weakness compared to other names.
• 🗓️ Investors are advised to wait for Deere's upcoming earnings report on August 13th, as past reports have led to significant stock price increases.
• 🧩 Concerns about tariffs are acknowledged as a potential reason for short-term weakness, but Deere's supply chain management is seen as a strong mitigating factor.
• ✅ Brown believes Deere will not be negatively impacted by its upcoming report.