Jimmy Butts is the Chief Investment Strategist for Maximum Profit and Capital Wealth Letter, and a regular contributor to StreetAuthority Insider. Prior to joining StreetAuthority, Jimmy came from the financial services and banking industry where he worked as a Financial Advisor. There he specialized in providing customized retirement solutions for individuals. Jimmy graduated from Boise State University with a degree in business administration and finance. He also spent multiple years studying language, international business and finance in both Germany and Buenos Aires, Argentina. At one point he held his series 6, 63, 65 and 26 securities licenses. When he's not combing through financial statements or reading about finance, Jimmy enjoys being outdoors.

Analyst Articles

Some Words Of Caution About This Bull Market…

Jimmy Butts
December 10, 2020

I was picking up my 250 pounds-worth of strip loin (New York strip), tri-tip, and brisket that I had purchased from a good friend of mine that is a cattle buyer. We were standing around his shop chewing the fat when one of my buddies asked me if I'd been watching Micron Technology (Nasdaq: MU) stock lately (he happens to work for the company). Read More

I’m Trading One Of The Biggest Trends In The Market

Amber Hestla
December 9, 2020

We all know that Covid-19 has caused a lot of changes in our lives as well as the economy. Some of them are new changes, while others have been accelerated as a result of the pandemic. So when I was reviewing trade candidates this week, it’s no surprise that I saw that stocks were reflecting a trend in the economy. The shift to online shopping, for example, has been building for years. Shutdowns related to the pandemic accelerated the trend. This is shown in the chart below. Source: Federal Reserve This is a chart… Read More

We all know that Covid-19 has caused a lot of changes in our lives as well as the economy. Some of them are new changes, while others have been accelerated as a result of the pandemic. So when I was reviewing trade candidates this week, it’s no surprise that I saw that stocks were reflecting a trend in the economy. The shift to online shopping, for example, has been building for years. Shutdowns related to the pandemic accelerated the trend. This is shown in the chart below. Source: Federal Reserve This is a chart of the percent of sales at non-store retailers as a percentage of all retail sales. Non-store retailers include websites and catalogs with catalogs losing market share. This week, even Ikea decided to stop printing catalogs. The Swedish retailer finally accepted that the future of retail is online. This is a trend that is likely to continue. Even when brick-and-mortar retailers are allowed to reopen, consumers will continue to spend a large amount online. This is a certainty because the largest retailers are adopting e-commerce. Source: Visual Capitalist The top 10 e-retailers have about… Read More

Alert: Zillow Group Up 50%, Hits Profit Target

Jimmy Butts
December 9, 2020

Shares of real-estate website and home-buying company, Zillow Group (NYSE: ZG) has hit our second profit target price of $125.16 a share — a 50% premium over our entry price. This means it’s time to book profits on one-third of our position on this trade. That will leave us… Read More

Alert: Shares Of PKI Hit First Profit Target

Jimmy Butts
December 8, 2020

Shares of our “covid-testing” stock, PerkinElmer (NYSE: PKI) are reaching new highs. Today, shares broke through our first profit-target price of $146.13 per share — a 25% increase over our entry price. That means it’s time to pull one-third of our profits off the table. If you had a Good-til-Cancelled,… Read More