Daily Equity Roster
Published: May 24, 2024
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 Aramark (ARMK).

 

Long Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
KRG Kite Realty Group Trust Real Estate $21.00 19 - 21 34.50 16 5 for 5'er, 11 of 113 in REAL sector matrix, LT pos mkt RS, spread quintuple top, 4.65% yield
OEC Orion SA Chemicals $24.40 22 - 24 45.50 19 4 for 5'er, top third of CHEM sector matrix, LT pos mkt RS, spread quad top, R-R>5
CCEP Coca-Cola Europacific Partners PLC Food Beverages/Soap $72.94 60s 97 56 5 for 5'er, top 25% of FOOD sector matrix, spread quad top, R-R~3.0, 3% yield
CXT Crane NXT Co. Electronics $60.96 hi 50s - low 60s 76 48 Top half of MACH sector matrix, bullish catapult
MMC Marsh & McLennan Companies, Inc. Insurance $207.99 190s - low 200s 234 180 5 for 5'er, favored INSU sector, LT pos mkt RS, quad top breakout, 1.4% yield
RPM RPM, Inc. Chemicals $111.96 mid 100s - hi 110s 159 91 5 TA rating, LT RS buy, consec. buy signals, top 50% of CHEM sector matrix, buy-on-pullback, R-R > 2, Earn. 5/22
BAH Booz Allen Hamilton Holding Business Products $152.36 140s 193 114 5 for 5'er, top 25% of favored BUSI sector matrix, LT pos peer RS, pullback from ATH, 1.5% yield, Earn. 5/24
GBX The Greenbrier Companies, Inc. Transports/Non Air $50.14 hi 40s - low 50s 87 43 5 for 5'er, top 20% of favored TRAN sector matrix, pullback from multi-year high, R-R>4.0, 2.3% yield
JPM J.P. Morgan Chase & Co. Banks $196.92 lo 180s - hi 190s 258 148 5 TA rating, RS buy, top 10% of BANK sector matrix, consec. buy signals
WSM Williams-Sonoma, Inc. Retailing $284.56 280s - 290s 362 232 5 for 5'er, #2 of 84 in RETA sector matrix, multi buy signals, pullback from ATH, 1.6% yield
ORCL Oracle Corporation Software $124.09 110s - low 120s 150 99 4 for 5'er, top half of SOFT sector matrix. LT pos mkt RS, spread triple top, pullback from ATH, 1.4% yield, Earn. 6/18
AMP Ameriprise Financial Wall Street $434.15 390s - 410s 532 368 5 for 5'er, top half of FINA sector matrix, LT pos peer & mkt RS, triple top, pullback from ATH, 1.4% yield
LIN Linde Plc Chemicals $432.30 hi 410s - lo 460s 572 360 5 TA rating, consec. buy signals, LT RS buy, buy-on-pullback
OMF OneMain Holdings Inc. Finance $47.89 hi 40s - low 50s 81 43 5 for 5'er, top half of FINA sector matrix, LT pos mkt RS, multiple buy signals, R-R>3.0, 7.9% yield
DHI D.R. Horton, Inc. Building $142.82 mid 140s - 150s 178 134 5 for 5'er, favored BUIL sector, LT pos peer RS, bearish signal reversal
LPLA LPL Investment Holdings Inc Finance $274.49 hi 250s - lo 280s 348 228 4 TA rating, top half FINA sector matrix, LT RS buy, consec. buy signals, recent pos. wkly. mom.
HLI Houlihan Lokey Inc Banks $134.08 120s - low 130s 177 110 5 for 5'er, 14 of 122 in BANK sector matrix, LT pos mkt RS, spread triple top, R-R>2.0, 1.6% yield
WDC Western Digital Corporation Computers $74.16 hi 60s - low 70s 84 58 5 for 5'er, #2 of 42 in COMP sector matrix, triple top breakout
HCA HCA Healthcare Inc. Healthcare $315.32 304 - mid 330s 400 260 5 TA rating, top third of HEAL sector matrix, consec. buy signals, LT RS buy
FSS Federal Signal Corporation Autos and Parts $86.26 80s 111 71 5 for 5'er, LT pos mkt & peer RS, triple top
BAP Credicorp Limited (Peru) Banks $163.13 164 - hi 170s 214 144 5 TA rating, top 33% of BANK sector matrix, LT RS buy, pos. wkly. mom., buy-on-pullback
AFL AFLAC Incorporated Insurance $86.78 80s 103 75 5 for 5'er, favored INSU sector matrix, spread triple top, 2.3% yield
EVR Evercore Inc. Finance $200.09 hi 180s - low 200s 262 166 5 for 5'er, top 20% of FINA sector matrix, spread quad top, 1.6% yield
LLY Eli Lilly and Company Drugs $808.45 hi 760s - low 800s 944 704 5 for 5'er, top 20% of DRUG sector matrix, LT pos mkt RS, bullish triangle
ARES Ares Management Corp Finance $144.75 mid 130s - mid 140s 200 124 5 for 5'er, top 20% of FINA sector matrix, LT pos mkt RS, spread triple top, R-R~3.0
ETN Eaton Corporation Machinery and Tools $338.42 324 to 348 392 300 ATH at $344 after 3rd buy signal. 5 for 5'er that ranks 3rd in Machinery and Tools matrix. R-R > 3. 1.1% yield.
ARMK Aramark Food Beverages/Soap $31.61 low 30s 54 26 4 for 5'er, top third of FOOD sector matrix, LT pos mkt RS, spread triple top, R-R>3.0

Short Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
MTCH Match Group, Inc. Internet $29.48 (mid 30s) 26 40 0 for 5'er, bottom half of INET sector matrix, LT neg trend & RS

Removed Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
CI CIGNA Group/The Insurance $337.83 332 - lo 360s 428 288 CI fell to a sell signal on Friday. OK to hold here. Maintain $288 stop.

Follow-Up Comments

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NDW Spotlight Stock

 

ARMK Aramark R ($31.99) - Food Beverages/Soap - ARMK is a 4 for 5'er that ranks in the top third of the food beverages/soap sector matrix and has been on a market RS buy signal since 2020. On its default chart, the stock has give three consecutive buy signals, most recently breaking a spread triple top earlier this month that took out resistance dating back to January 2023. Long exposure may be added in the low $30s and we will set our initial stop at $26, the potential trend line violation on ARMK's default chart. We will use the bullish price objective, $54, as our target price, giving us a reward-to-risk ratio north of 3.0. ARMK also carries a 1.2% yield.

 
  20                                                       21           22               23       24          
34.00 X                                                                                             X     34.00
33.00 1 O                                                                               X       X   X     33.00
32.00 A O                                                                               1 O     3 O X   Mid 32.00
31.00 9 2                                                       X                       C O X   X O X     31.00
30.00 X O                                                       3 O                     X 2 X O 2 5       30.00
29.00 X O                                                       X O                   X O 6 O 1         29.00
28.00 X O                                                   1   2 O B           4   X O X 8 B       Bot 28.00
27.00 8 O                                                   X O X O X O 1   2   X O X B O 5 O X         27.00
26.00 X O                                                   X O X 6 A O X O X O X O X O A 3 X 9 X       26.00
25.00 X O                                                   X O   7 X O X O X O X 5 8 O X O X O X       25.00
24.00 X 3                                                 X     O X C   O   3 O 7 9 X O A         24.00
23.00 X O                               X                 X     9             O X O             23.00
22.00 X O                               X O               B                   6 X                   22.00
21.00 X O                           X   X O           X   X                   O                     21.00
20.00 X O             X       X     X O 6 O           X O A                                         20.00
19.50 X O             X O     X O X   X O X O         X O X                                           19.50
19.00 X O             X O     X O X O X O X O X       X X 9 X                                           19.00
18.50 O X           X O     X 5 X O X O   O X O     X O X O X                                           18.50
18.00   O X O         X O     X O X O X     O X O     X O X O                                             18.00
17.50   O X O     X   X O     X O X O       O X O     X O X                                               17.50
17.00   O X O     X O X O     X O X         O   O X   X O                                                 17.00
16.50   O X O X   X O X O     X O X             O X O X                                                   16.50
16.00   O X O X O X O X O X   X O X             O X O X                                                   16.00
15.50   O X O X O X O X O X O X O               O X O X                                                   15.50
15.00   O X O X O X O X O X O X               7   8                                                     15.00
14.50   O X O X O X O X O   O                                                                           14.50
14.00   O   O X O X 4 X                                                                                   14.00
13.50       O X O X O X                                                                                   13.50
13.00       O X O X O X                                                                                   13.00
12.50       O X O X O X                                                                                   12.50
12.00       O X O X O                                                                                     12.00
11.50       O X O                                                                                         11.50
11.00       O X                                                                                           11.00
10.50       O X                                                                                           10.50
10.00       O X                                                                                           10.00
9.50       O X                                                                                           9.50
9.00       O X                                                                                           9.00
8.50       O X                                                                                           8.50
8.00       O X                                                                                           8.00
7.50       O X                                                                                           7.50
7.00       O                                                                                             7.00
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