Daily Equity Roster
Published: January 7, 2022
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Today's featured stock is STERIS PLC (STE).

 

Long Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
AKR Acadia Realty Trust Real Estate $22.25 20 - 22 28 18 4 for 5'er, #6 of 154 in REAL sector matrix, one box from RS buy signal, 2.7% yield,
STOR Store Capital Corp. Real Estate $34.30 mid-to-upper 30s 47.50 30 5 for 5'er, multiple buy signals, one box from 52-week high, 4.1% yield, R-R>2.0
FOE Ferro Corp Chemicals $21.80 high teens to low 20s 35 16 4 for 5'er, 8 consec buy signals, pullback from recent high, pos trend, top of DWACHEM matrix
SC Santander Consumer USA Holdings Inc. Finance $42.00 high 30s to mid 40s 57 34 5 for 5'er, top 10% of DWAFINA, 3 consec buy signals, all-time highs, 2.11% yield,
ESI Element Solutions Inc. Chemicals $24.15 mid to upper 20s 37 20 5 for 5'er, multi-year high, 6 consec buy signals, top of DWACHEM
BAM Brookfield Asset Management Finance $57.55 mid to hi 50s 70 47 5 for 5'er, top 20% of FINA sector matrix, LT pos mkt RS, multiple consecutive buy signals
SMCI Super Micro Computer, Inc. Computers $45.10 low 40s 52 34 4 for 5'er, top 20% of COMP sector matrix, multiple buy signals, pullback from ATH Earnings 1/31
UMC United Microlectronics Corporation (Taiwan) ADR Semiconductors $11.51 11.50 - 12.50 19 10 4 for 5'er, top half of favored SEMI sector matrix, bullish catapult, 2.4% yield, R-R>3.0, pot. cov. write
SMPL Simply Good Foods Co Retailing $38.98 mid-to-upper $30s 56 31 4 for 5'er top half of RETA sector matrix, bullish catapult, pullback from ATH Earnings 1/5
IBKR Interactive Brokers Group, Inc. Wall Street $77.30 mid 70s to low 80s 89 62 4 for 5'er, 5 consec buy signals, monthly momentum to positive Earnings 1/17
UAA Under Armour, Inc. Textiles/Apparel $20.83 low-to-mid 20s 41.50 19.50 4 for 5'er top third of TEXT sector matrix, spread triple top, pullback from ATH, R-R>4.0
BRO Brown & Brown, Inc. Insurance $68.54 low to upper 60s 77 55 5 for 5'er, pos trend since 2010, longterm market RS buy signal, one box from 4th consec buy signal Earnings 1/24
SEE Sealed Air Corporation Business Products $66.64 low-to-mid 60s 89 53 5 for 5'er, top 20% of BUSI sector matrix, multiple consec buy signals
SWCH Switch, Inc. Class A Internet $26.70 25 - 28 54.50 22 4 for 5'er #6 of 51 in INET sector matrix, spread triple top, R-R>5.0
HD Home Depot, Inc. Building $405.76 high 380s to 410s 540 316 5 for 5'er, long-term market RS buy, 3 consec buy signals, pullback from all-time high, 3 mon pos monthly mom, 1.69% yield
IR Ingersoll-Rand Inc. Machinery and Tools $60.30 mid 50s to low 60s 74 49 5 for 5'er, pullback from ATH, 3 consecutive buy signals, pos monthly momentum
CUBE CubeSmart Real Estate $54.04 mid to upper 50s 68 47 5 for 5'er, top 10% of DWAREAL, 7 consec buy signals, LT market RS buy signal
WTFC Wintrust Financial Corporation Banks $99.89 90S 112 79 4 for 5'er, top 20% of favored BANK sector matrix, triple top, 1.35% yield Earnings 1/19
LYV Live Nation Entertainment Inc. Leisure $119.34 low 120s to mid 130s 142 98 5 for 5'er, pullback from ATH, long-term market RS buy signal, 2 consecutive buy signals, pos month and weekly momentum
EQH Equitable Holdings Inc Insurance $35.12 mid to upper 30s 47.5 27 4 for 5'er, pullback from ATH, 3 consec buy signals, pos weekly momentum flip, 2.2% yield
OFG Oriental Financial Group Banks $29.08 mid-to-high 20s 37 23 5 for 5'er, top 20% of favored BANK sector matrix, LT pos mkt RS, multiple consec buy signals, 1.75% yield, Earn 1/19
COST Costco Wholesale Corporation Retailing $549.80 530s to 580s 672 432 5 for 5'er, 5 consec buy signals, pullback from all-time high, LT market RS buy signal since 2007.
STE STERIS PLC Healthcare $238.46 hi 220s - low 240s 316 200 4 for 5'er, top 25% of HEAL sector matrix, LT pos mkt RS, triple top breakout, Earn. 1/31

Short Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes

Follow-Up Comments

Comment
There are currently no follow-up comments.

DWA Spotlight Stock

 

STE STERIS PLC R ($234.78) - Healthcare - STE is a 4 for 5'er that ranks in the top quartile of the healthcare sector matrix and has been trading on a market RS buy signal since 2018.. Late last month, STE completed a shakeout pattern when it broke a triple top at $240. The stock continue higher, reaching a new all-time high earlier this week, before pulling slightly. Long exposure may be added in the high $220s to low $240s and we will set our initial stop at $200, which would take out two levels of support on STE's default chart. We will use the bullish price objective, $316, as our target price. Earnings are expected on 1/31.

 
                                                        21                                           22      
248.00                                                                                                   1     248.00
244.00                                                                                                   X O   244.00
240.00                                                                                                   X O   240.00
236.00                                                                                           X   X   X O   236.00
232.00                                                                                           X O X O X     232.00
228.00                                                                                           X O X O X   Mid 228.00
224.00                                                                                       X   X B   O X     224.00
220.00                                                                                       8 O X     O X     220.00
216.00                                                                                   X   X O X     C       216.00
212.00                                                                                   X O 7 9 X             212.00
208.00                                                                                   X O X O X             208.00
204.00                                                       •                           X 5 X A               204.00
200.00                                                       X •                         X O X               Bot 200.00
198.00                                                       X O •                       X O X                 198.00
196.00                                                   X   X O   • •                   X O 6                 196.00
194.00                                               X   X O X O X   X • •           X   X O X             •   194.00
192.00                                       X       X O X O X O X O X O X • •       X O X O X           •     192.00
190.00                                       X O     X O X O 1 O X O X O X O X •     X O X O           •       190.00
188.00                                       X O     X O X C X O X O   O X O X O •   X 4             •         188.00
186.00                                       X O X   X O   O X O X     O X O X O   • X             •           186.00
184.00                                       X O X O X     O X O X     2 • O X O     X           •             184.00
182.00                                       X O X O X     O X O     • •   O X O     X         •               182.00
180.00                                       X O B O X     O       •       O X O     X       •                 180.00
178.00                                   A   X O X O             •         O   O 3   X     •                   178.00
176.00                               X   X O X O X             •               O X O X   •                     176.00
174.00                               X O X O X O             •                 O X O X •                       174.00
172.00                               X O X O               •                   O   O •                         172.00
170.00                               X O X               •                         •                           170.00
168.00                               X O X             •                                                       168.00
166.00       X                       X O             •                                                         166.00
164.00       X O         8       X   X             •                                                           164.00
162.00       X O         X O     9 O X           •                                                             162.00
160.00       X 6         X O X   X O X         •                                                               160.00
158.00 O     X O         X O X O X O X       •                                                                 158.00
156.00 O     X O X   7   X O X O X O       •                                                                   156.00
154.00 O     X O X O X O X O   O X       •                                                                     154.00
152.00 O X   X O X O X O X     O       •                                                                       152.00
150.00 O X O X O   O X O X           •                                                                         150.00
148.00 O X O X     O   O           •                                                                           148.00
146.00 O X O                     •                                                                             146.00
144.00 O X                     •                                                                               144.00
142.00 O X                   •                                                                                 142.00
140.00 5                   •                                                                                   140.00
                                                        21                                           22      

 

Back to report
search

REPORT

Daily Equity & Market Analysis

DATE

LISTEN TO PODCAST

Risk-On Relative Strength

May 09, 2025

NDW MORNING UPDATE

NDW Morning Update Video – May 12, 2025.


Click here to download MP3

May 12, 2025

FOLLOW OUR UPDATES

@DorseyWrightNDW

DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
Copyright © 1995-{ENDYEAR} Dorsey, Wright & Associates, LLC.®
All quotes displayed are delayed 20 minutes
Disclaimer/Terms of Use/Copyright

Equity prices provided by Morningstar / Cross Rate prices provided by Morningstar / Mutual Fund prices provided by Bloomberg / Delayed prices provided by Thomson-Reuters / Cryptocurrency prices provided by CryptoCompare / Option prices provided by Thomson-Reuters / All quotes displayed are delayed 20 minutes

RS NEWSLETTER NDW USER GUIDE
DISCLOSURE/TERMS OF USE
ACCESSIBILITY
NEED HELP?