Today's featured stock is Ascendis Pharma A/S (ASND)
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc | Wall Street | $518.22 | 480s - low 500s | 556 | 432 | 5 for 5'er, top 20% of WALL sector matrix, LT pos mkt RS, multiple buy signals, buy on pullback |
| WRB | W. R. Berkley Corporation | Insurance | $73.08 | mid 60s - lo 70s | 115 | 55 | 4 TA rating, top 25% of INSU sector matrix, LT RS buy, LT pos trend, R-R > 2 |
| ADC | Agree Realty Corporation | Real Estate | $76.19 | mid-to-upper 70s | 100 | 67 | 4 for 5'er, top 10% of REAL sector matrix. spread quad top, R-R>2.0, 3.9% yield |
| ROL | Rollins, Inc. | Business Products | $56.91 | 52 - hi 50s | 77 | 45 | 5 TA rating, top 25% of BUSI sector matrix, LT pos trend, RS buy, pos wkly mom |
| AVGO | Broadcom Ltd | Semiconductors | $204.81 | 180s - 190s | 254 | 160 | 4 for 5'er, top 20% of SEMI sector matrix, LT pos mkt RS, pos trend flip, spread triple top, R-R>2.0 |
| BYD | Boyd Gaming Corp | Gaming | $70.91 | hi 60s - low 70s | 90 | 58 | 4 for 5'er, top 20% of GAME sector matrix, triple top, pos trend flip, 1.1% yield |
| AMP | Ameriprise Financial | Wall Street | $480.80 | 448-490s | 568 | 396 | 5 TA rating, top 33% of WALL sector matrix, LT pos mkt RS, recent pos trend, pos wkly mom |
| UNM | Unum Group | Insurance | $80.51 | 74 - 80 | 89 | 64 | 5 for 5'er, top 10% of INSU sector matrix, LT pos peer & mkt RS, buy on pullback, 2.1% yield |
| ADSK | Autodesk, Inc. | Software | $283.36 | 270s - 290s | 340 | 232 | 5 for 5'er, top half of favored SOFT sector matrix, LT pos peer RS, triple top, pos trend flip, Earn. 5/22 |
| ALL | The Allstate Corporation | Insurance | $204.07 | 190s - low 200s | 230 | 176 | 4 for 5'er, top third of favored INSU sector matrix, pos trend flip, 2% yield |
| VIRT | Virtu Financial | Wall Street | $41.62 | 38-mid 40s | 60 | 31 | 4 TA rating, pos trend, recent RS buy, top 10% of WALL sector matrix, consec. buy signals |
| AZZ | Aztec Manufacturing Co. | Electronics | $88.48 | mid 80s - low 90s | 108 | 73 | 5 for 5'er, #6 of 52 in ELEC sector matrix, spread quad top |
| ASND | Ascendis Pharma A/S | Biomedics/Genetics | $160.99 | 154-mid 160s | 226 | 130 | 5 TA rating, top 20% of BIOM sector matrix, consec buy signals, buy-on-pullback, R-R > 2 |
Short Ideas
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Follow-Up Comments
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NDW Spotlight Stock
ASND Ascendis Pharma A/S ($159.39) R - Biomedics/Genetics - ASND has a 5 for 5 TA rating and sits in the top quintile of the biomedics/genetics sector RS matrix. We have seen the stock give two consecutive buy signals and it has maintained an RS buy signal against the market since February 2024. The recent price action saw the stock retract from a rally high over the past week, offering a more opportune entry point for long investors. Exposure may be considered from $154 to the mid-$160s. Our initial stop will be positioned at $130, which would violate multiple support levels. The bullish price objective of $226 will serve as our price target, offering a reward-to-risk ratio of 2-to-1.
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