DE stock, Ruth’s Hospitality Group (RUTH) and MarineMax (HZO) lead this weekend’s menu of stocks to watch near buy points as the sizzling economy lifts almost all boats. While Ruth’s benefits from the fading of the Covid threat, the pandemic’s lifestyle boost for outdoor living and personal transportation continues to propel HZO stock and RV maker Thor Industries (THO). The booming farm economy is powering Deere (DE), while record highs on Wall Street and a big investment-banking crop buoy Jefferies Financial Group (JEF).
Deere, MarineMax and RUTH stock are now in buy zones, while Thor and Jefferies Financial stock are just below breakouts.
Deere, HZO stock and Jefferies Financial are all members of the elite IBD 50 list. DE stock also is part of IBD’s SwingTrader portfolio focused on applying the rules of IBD’s CAN SLIM investing system to take advantage of short-term…