Today's featured stock is Paychex, Inc. (PAYX).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc | Wall Street | $514.31 | 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 | $73.28 | 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 | $74.92 | 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 | $56.96 | 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 | $228.61 | 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, Earn. 6/5 |
| BYD | Boyd Gaming Corp | Gaming | $75.91 | 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 | $524.11 | 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 | $82.15 | 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 | $298.08 | 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 | $209.06 | 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 | $41.45 | 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 | $92.69 | mid 80s - low 90s | 108 | 73 | 5 for 5'er, #6 of 52 in ELEC sector matrix, spread quad top |
| ETN | Eaton Corporation | Electronics | $329.07 | 290s - 300s | 356 | 260 | 4 for 5'er, top half of ELEC sector matrix, LT pos mkt RS, pos trend flip, spread triple top |
| FFIV | F5 Inc. | Internet | $284.92 | 260s - 280s | 312 | 244 | 5 for 5'er. top half of favored INET sector matrix, LT pos peer RS, triple top breakout |
| CRH | CRH plc (Ireland) ADR | Building | $98.94 | 90s - low 100s | 134 | 81 | 5 for 5'er, top 20% of BUIL sector matrix, LT pos mkt RS, spread triple top, R-R~2.0, 1.5% yield |
| HURN | Huron Consulting Group Inc. | Business Products | $152.93 | hi 130s - low 150s | 216 | 122 | 5 for 5'er, top 25% of BUSI sector matrix, LT pos peer & mkt RS, spread triple top, buy on pullback, R-R>2.0 |
| SPG | Simon Property Group, Inc. | Real Estate | $165.12 | mid 150s - 160s | 184 | 138 | 5 for 5'er, top 20% of REAL sector matrix, LT pos mkt RS, buy on pullback, 5.2% yield |
| PAYX | Paychex, Inc. | Business Products | $155.98 | hi 140s - 150s | 196 | 134 | 5 for 5'er, LT pos peer & mkt RS, pos trend flip, 2.8% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Follow-Up Comments
| Comment | |||||||
|---|---|---|---|---|---|---|---|
|
|
|||||||
NDW Spotlight Stock
PAYX Paychex, Inc. R ($157.72) - Business Products - PAYX is a 5 for 5'er that ranks in the top half of the business products sector matrix and has been on peer and market RS buy signals since 2016 and 2019, respectively. After giving two consecutive sell signals, PAYX returned to a buy signal and a positive trend earlier this month when it broke a double top at $150. The stock has continued higher and now sits one box away from reaching a new all-time high. Long exposure may be added in the upper $140s to $150s and we will set our initial stop at $134, a potential spread quadruple bottom break on PAYX's chart. We will use the bullish price objective, $196, as our target price. PAYX also carries a 2.8% yield.
| 24 | 25 | ||||||||||||||||||||||||||||
| 158.00 | X | • | 158.00 | ||||||||||||||||||||||||||
| 156.00 | X | O | • | X | 156.00 | ||||||||||||||||||||||||
| 154.00 | X | X | O | X | • | X | 154.00 | ||||||||||||||||||||||
| 152.00 | 3 | O | X | O | X | O | • | X | 152.00 | ||||||||||||||||||||
| 150.00 | X | X | O | X | O | X | O | • | X | 150.00 | |||||||||||||||||||
| 148.00 | X | O | X | O | O | X | 4 | X | 5 | 148.00 | |||||||||||||||||||
| 146.00 | B | O | X | X | O | X | O | X | O | X | Mid | 146.00 | |||||||||||||||||
| 144.00 | X | O | X | O | X | O | O | X | O | X | 144.00 | ||||||||||||||||||
| 142.00 | X | O | X | O | X | X | O | X | O | X | 142.00 | ||||||||||||||||||
| 140.00 | X | O | C | X | O | X | • | O | X | O | • | 140.00 | |||||||||||||||||
| 138.00 | A | O | X | O | X | • | O | X | • | 138.00 | |||||||||||||||||||
| 136.00 | X | O | 1 | • | O | • | 136.00 | ||||||||||||||||||||||
| 134.00 | 9 | • | • | 134.00 | |||||||||||||||||||||||||
| 132.00 | X | • | 132.00 | ||||||||||||||||||||||||||
| 130.00 | 8 | • | 130.00 | ||||||||||||||||||||||||||
| 128.00 | • | X | X | • | 128.00 | ||||||||||||||||||||||||
| 126.00 | O | X | X | 6 | • | X | O | X | • | 126.00 | |||||||||||||||||||
| 124.00 | O | X | X | O | 5 | O | X | O | X | O | X | • | Bot | 124.00 | |||||||||||||||
| 122.00 | O | X | O | X | O | X | O | X | O | 7 | O | • | 122.00 | ||||||||||||||||
| 120.00 | O | X | O | X | O | X | O | • | O | X | • | 120.00 | |||||||||||||||||
| 118.00 | 1 | 4 | X | O | • | • | O | X | • | 118.00 | |||||||||||||||||||
| 116.00 | O | • | • | O | • | 116.00 | |||||||||||||||||||||||
| 24 | 25 |
