[UNLOCKED] – Boston Scientific Stock with 80% Blue Wave Forecast
The chart shown here features Boston Scientific Corporation (Ticker: BSX).
Harking back to our days as Earnings Elite, Boston Scientific remains a true earnings leader. While today’s spotlight often falls on the usual “hot stocks” (think: FAANG), we focus on names that meet more consistent, performance-driven criteria:
- Outperformance of the S&P 500 over the past 1–2 quarters
- A reliable track record of beating analyst estimates on both revenue and earnings
- Relative strength versus sector peers
Boston Scientific checks all these boxes. Although the stock has been bullish for an extended period, traders often shy away from strength—mistakenly. In our view: stick with strength. Stocks rise for a reason.
Our current forecast calls for a bullish bias from mid-to-late May through early July. The Red Wave cyclical forecast is “in agreement” with the Blue Wave forecast. Combining multiple forecast models and finding agreement leads to higher probability outcomes.
A reasonable target ROI for this period is 5–6%.
Click the chart to expand.
