Today's featured stock is Acushnet Holdings Corp (GOLF).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| GPK | Graphic Packaging Intl. | Forest Prods/Paper | $23.94 | 21 - 23 | 26 | 18 | 5 for 5'er, #2 of 15 in favored FORE sector matrix, LT pos mkt RS, triple top, 1.3% yield |
| AES | The AES Corporation | Utilities/Electricity | $22.97 | lo-mid 20s | 43.50 | 18.50 | 5 TA rating, top quintile EUTI sector, buy-on-pullback, 2.52% yield, R-R > 4.5 |
| PGR | The Progressive Corporation | Insurance | $140.23 | low 120s - low 130s | 168 | 106 | 4 for 5'er, top quartile of favored INSU sector matrix, one box from mkt RS buy, spread triple top |
| COHU | Cohu, Inc. | Semiconductors | $37.63 | mid 30s | 51 | 29 | 4 for 5'er. top 10% of SEMI sector matrix, big base breakout, R-R>2.5 |
| TSCO | Tractor Supply Company | Retailing | $235.67 | mid 210s - high 230s | 298 | 186 | 5 TA rating, LT market RS buy, recent peer RS buy, top half RETA sector matrix |
| MSI | Motorola Solutions Inc. | Telephone | $271.66 | hi 240s - lo 270s | 316 | 212 | 5 TA rating, top decile of TELE sector matrix, consec. buy signals, LT mkt RS buy, |
| V | Visa Inc. | Finance | $221.95 | 210s - 220s | 262 | 188 | 5 for 5'er top third of FIN sector matrix, LT pos mkt RS, spread quintuple top |
| AVGO | Broadcom Ltd | Semiconductors | $636.75 | mid 560s - lo 620s | 696 | 496 | 5 TA rating, top half SEMI sector matrix, fifth consec. buy signal, bullish triangle, LT mkt RS buy |
| ITW | Illinois Tool Works Inc. | Machinery and Tools | $235.16 | 220s - 240s | - | 194 | 3 for 5'er, favored MACH sector, LT pos mkt RS, multiple consec buy signals, pullback from ATH, 2.2% yield |
| MRK | Merck & Co., Inc. | Drugs | $105.54 | mid 100s - low 110s | 137 | 89 | 4 for 5'er top third of DRUG sector matrix, multiple consec buys, pullback from ATH, 2.7% yield |
| YUMC | Yum China Holdings Inc | Restaurants | $61.17 | hi 50s - mid 60s | 86 | 50 | 4 TA rating, top quintile of favored Restaurants sector RS matrix, consec. buy signals, R-R > 2.5 |
| BJRI | BJ's Restaurants Inc. | Restaurants | $29.52 | low 30s | 55 | 26 | 4 for 5'er, top third of favored REST sector matrix, triple top, pullback from 52-week high, R-R>3.5 |
| ADI | Analog Devices, Inc. | Semiconductors | $188.40 | lo 180s - lo 190s | 266 | 158 | 4 TA rating, top third SEMI sector RS matrix, LT RS buy, R-R near 3 |
| FISV | Fiserv, Inc. | Computers | $113.04 | mid 100s - mid 110s | 123 | 91 | 5 for 5'er, top 25% of COMP sector matrix, LT pos mkt RS, pullback from 52-week high |
| TXRH | Texas Roadhouse, Inc. | Restaurants | $106.40 | 100s | 125 | 90 | 5 TA rating, top half REST sector matrix, consec. buy signals, LT RS buy, 2.10% yield. |
| LW | Lamb Weston Holdings Inc | Food Beverages/Soap | $99.65 | mid-90s - low 100s | 113 | 86 | 5 for 5'er, 4 of 75 in FOOD sector matrix, quad top breakout, pullback from ATH, 1.1% yield, Earn. 4/6 |
| ASO | Academy Sports and Outdoors, Inc. | Retailing | $64.67 | lo-upper 60s | 86 | 52 | 5 TA rating, top decile RETA sector matrix, buy-on-pullback |
| GOLF | Acushnet Holdings Corp | Leisure | $50.24 | hi 40s - low 50s | 73 | 42 | 5 for 5'er, top third of LEIS sector matrix, quintuple top breakout, pullback from MY high, R-R~3.0, 1.56% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| LAUR | Laureate Education Inc | Business Products | $11.45 | (11.50-12.50) | 6 | 13.50 | 0 for 5'er, LT negative trend & market RS, spread triple bottom, OBOS>100%, R-R>3.0 |
Follow-Up Comments
| Comment | |||||||
|---|---|---|---|---|---|---|---|
|
|
|||||||
DWA Spotlight Stock
GOLF Acushnet Holdings Corp R ($49.71) - Leisure - GOLF is a 5 for 5'er that ranks 17th of 51 names in the leisure sector matrix. After undergoing a period of consolidations between October and January, GOLF broke out last month when it broke a quintuple top at $49 and reached a new multi-year high before pulling back to prior resistance. Long exposure may be added in the upper $40s to low $50s and we will set our initial stop at $42, a potential spread quadruple bottom break on GOLF's default chart. We will use the bullish price objective, $73, as our target price, giving us a reward-to-risk ratio of approximately 3.0. GOLF also carries a 1.56% yield.
| 21 | 22 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| 57.00 | X | • | • | Top | 57.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 56.00 | X | X | O | X | • | 56.00 | |||||||||||||||||||||||||||||||||||||||||||||||
| 55.00 | X | O | X | O | X | O | • | 55.00 | |||||||||||||||||||||||||||||||||||||||||||||
| 54.00 | 6 | X | O | X | O | X | O | • | • | X | 54.00 | ||||||||||||||||||||||||||||||||||||||||||
| 53.00 | X | X | O | X | O | X | C | O | X | • | X | • | X | O | 53.00 | ||||||||||||||||||||||||||||||||||||||
| 52.00 | X | O | X | O | 8 | O | X | B | O | X | O | X | • | X | O | • | 3 | O | 52.00 | ||||||||||||||||||||||||||||||||||
| 51.00 | X | O | X | O | 7 | O | X | O | X | O | X | O | X | O | • | X | X | O | X | • | X | O | 51.00 | ||||||||||||||||||||||||||||||
| 50.00 | X | O | O | X | O | X | O | A | X | O | 1 | X | O | • | X | O | X | O | X | O | • | X | O | 50.00 | |||||||||||||||||||||||||||||
| 49.00 | X | O | X | 9 | O | X | O | X | O | • | O | • | 8 | O | X | O | X | O | • | • | • | • | X | O | Mid | 49.00 | |||||||||||||||||||||||||||
| 48.00 | X | O | X | O | X | O | X | • | O | • | X | O | O | X | O | X | X | • | X | • | X | • | 2 | 48.00 | |||||||||||||||||||||||||||||
| 47.00 | X | X | O | O | O | • | O | 2 | • | X | 9 | O | B | O | X | O | C | O | X | O | X | 47.00 | |||||||||||||||||||||||||||||||
| 46.00 | X | O | X | • | O | X | O | X | • | X | O | X | O | X | O | X | O | 1 | O | X | • | 46.00 | |||||||||||||||||||||||||||||||
| 45.00 | X | O | 5 | • | O | X | O | 3 | O | • | X | O | X | O | X | O | X | O | X | O | • | 45.00 | |||||||||||||||||||||||||||||||
| 44.00 | X | O | X | • | O | O | X | O | X | X | • | • | X | X | O | X | O | X | O | O | X | • | 44.00 | ||||||||||||||||||||||||||||||
| 43.00 | 2 | O | X | 4 | • | O | X | O | X | O | 5 | O | X | • | X | O | 7 | • | A | O | O | • | 43.00 | ||||||||||||||||||||||||||||||
| 42.00 | X | 3 | X | O | X | • | O | X | O | X | O | X | O | X | O | 6 | O | X | • | • | 42.00 | ||||||||||||||||||||||||||||||||
| 41.00 | X | O | X | O | X | • | O | O | X | O | X | O | X | O | X | O | X | • | 41.00 | ||||||||||||||||||||||||||||||||||
| 40.00 | X | O | X | O | • | 4 | O | O | O | X | O | X | • | Bot | 40.00 | ||||||||||||||||||||||||||||||||||||||
| 39.00 | O | C | O | • | O | X | O | • | 39.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 38.00 | O | X | • | O | • | • | 38.00 | ||||||||||||||||||||||||||||||||||||||||||||||
| 37.00 | O | X | • | • | 37.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 36.00 | O | • | 36.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 21 | 22 | 23 |
