It could be onerous to seek out these shares on the “recommended” listing of too many prestigious Wall Street funding corporations. These usually are not as broadly adopted — or cared about — as Apple
AAPL
, Microsoft
MSFT
or Amazon
AMZN
, not by a protracted shot. Nonetheless, regardless of the dearth of high-powered analyst curiosity, right here they’re making new highs anyway.

World Wresting Entertainment, J&J Snack Foods and Ulta Beauty
ULTA
Inc are having a terrific yr should you go by inventory worth enhance. They don’t fairly match underneath the class “consumer staples” however they appear to buying and selling as in the event that they do. These are extra alongside the traces of “consumer discretionary” however the class designations don’t matter even with inflation and recession on client minds.

World Wrestling Entertainment

WWE
Inc (NYSE: WWE) calls itself “an integrated media organization and recognized leader in global entertainment.” From headquarters in Stamford, Connecticut, the corporate gives “wrestling” reveals on numerous platforms.

The inventory trades with a price-earnings ratio of 32, larger than the Standard & Poor’s p/e of 20.53. Earnings per share this yr are up 33.50% and the previous 5-year EPS development price is 36.80%. Average every day quantity is a comparatively low 670,000 shares. The firm pays a .59% dividend. Market capitalization is $5.95 billion.

It’s all the time good to be buying and selling above each your up trending 50-day transferring common (the blue line) and your up trending 200-day transferring common (the purple line.) Many well-known huge tech and social media shares would like to have a chart sample that appears like this, however they don’t.

J&J Snack Foods Corp (NASDAQ
NDAQ
: JJSF) is the nationwide distributor of Super Pretzel and Icee in addition to Luigi’s Real Italian Ice and The Funnel Cake Factory Funnel Cakes. Based in Mount Laurel, New Jersey, the corporate serves supermarkets from its 4200 places.

With a market capitalization of $3.1 billion, J&J Snack Foods is buying and selling with a really excessive price-earnings ratio: 66. This yr’s earnings per share elevated by 2025. The earnings development over the previous 5 years is available in at -6.40%. Investors obtain a dividend of 1.72%.

The inventory hit the upper excessive, offered off after which consumers got here again in once more. It’s good to be buying and selling above these 2 vital transferring averages.

ULTA Beauty Inc (NASDAQ: ULTA) sells magnificence merchandise, on-line and in shops across the nation. The firm is black-owned, based by sisters Rebecca Grammer-Ybarra and Christiana Grammer and has headquarters in Bolingbrook, Illinois.

Earnings per share this yr are up by 478%. The EPS acquire over the previous 5 years is 22.50%. The inventory trades with a price-earnings ratio of 21, in keeping with the inventory market as an entire. The firm has no long-term debt on the books. No dividend is paid. Average every day quantity is 766,000 shares.

The inventory hit the brand new excessive after which a number of sellers confirmed as much as take earnings. It’s bullish from a worth chart evaluation viewpoint that the 50-day transferring common and the 200-day transferring common are each trending upward.

Not funding recommendation. For academic functions solely.