Today's featured stock is Texas Instruments Incorporated (TXN).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| LAMR | Lamar Advertising Company | Media | $126.26 | mid 110s - low 120s | 144 | 99 | 5 for 5'er, LT pos peer & mkt RS, bullish catapult, good R-R, 5.2% yield, Earn. 8/8 |
| COST | Costco Wholesale Corporation | Retailing | $941.19 | mid 900s - lo 1000s | 1296 | 792 | 4 TA rating, LT RS buy, LT pos trend, top 50% of RETA sector matrix, buy on pullback |
| APEI | American Public Education Inc. | Business Products | $29.86 | hi 20s - low 30s | 42 | 25 | 5 for 5'er, top 10% of BUSI sector matrix, shakeout to triple top breakout, Earn. 8/11 |
| OLLI | Ollies Bargain Outlet Holding Inc. | Retailing | $131.96 | 120s | 150 | 102 | 5 for 5'er, top 25% of favored RETA sector matrix, LT pos mkt RS, buy on pullback |
| MNST | Monster Beverage Corp. | Food Beverages/Soap | $59.19 | hi 50s - lo 60s | 80 | 50 | 5 TA rating, top 20% of FOOD sector matrix, LT RS buy, buy-on-pullback,Earn. 8/11 |
| ARES | Ares Management Corp | Finance | $180.57 | mid 160s - 170s | 200 | 154 | 5 for 5'er, top half of favored FINA sector matrix, LT pos peer & mkt RS, bullish triangle, Earn. 8/1 |
| DRI | Darden Restaurants, Inc. | Restaurants | $208.51 | hi 190s - mid 210s | 262 | 178 | 5 TA rating, top 50% of REST sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
| ERJ | Embraer - Empresa Brasileira de Aeronau (Brazil) ADR | Aerospace Airline | $49.83 | hi 40s - low 50s | 92 | 43 | 4 for 5'er, top half of AERO sector matrix, LT pos peer & mkt RS, triple top, buy on pullback, Earn. 8/5 |
| HWC | Hancock Whitney Corp | Banks | $61.31 | hi 50s - lo 60s | 83 | 50 | 5 TA rating, top 50% of BANK sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
| WPM | Wheaton Precious Metals Corp | Precious Metals | $94.95 | mid 80s - low 90s | 108 | 75 | 5 for 5'er, top half of PREC sector matrix, LT pos peer RS, spread triple top, buy on pullback, Earn. 8/7 |
| UAL | United Airlines Holdings Inc. | Aerospace Airline | $90.43 | hi 80s - low 90s | 116 | 79 | 4 for 5'er, top half of favored AERO sector matrix, multiple buy signals, buy on pullback |
| DG | Dollar General Corp. | Retailing | $109.24 | 100s to mid 110s | 133 | 86 | 4 TA rating, top 33% of RETA sector matrix, LT peer RS buy, consec buy signals, buy-on-pullback |
| URBN | Urban Outfitters, Inc. | Retailing | $77.99 | mid-to-hi 70s | 91 | 65 | 5 for 5'er, top 10% of favored RETA sector matrix, LT pos mkt RS |
| TXN | Texas Instruments Incorporated | Semiconductors | $186.25 | mid 180s - mid 190s | 220 | 158 | 4 for 5'er, favored SEMI sector matrix, LT pos mkt RS, bullish triangle, buy on pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| TARS | Tarsus Pharmaceuticals, Inc. | Biomedics/Genetics | $42.22 | low 40s | 28 | 49 | 1 for 5'er, bottom 10% of BIOM sector matrix, RS sell signal, spread quad bottom, Earn. 8/7 |
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| GILD | Gilead Sciences, Inc. | Biomedics/Genetics | $113.56 | 100s to mid 110s | 141 | 88 | Removed for earnings. Raise stop to $93.Earn. 8/7 |
Follow-Up Comments
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NDW Spotlight Stock
TXN Texas Instruments Incorporated R ($186.65) - Semiconductors - TXN is a 4 for 5'er and member of the favored semiconductors sector matrix that has been on a market RS buy signal since 2016. On its default chart, TXN has given four consecutive buy signals, most recently completing a bullish triangle, which carried the stock to a new all-time high. TXN has subsequently pulled back to prior resistance, offering an entry point for long exposure. Positions may be added in the mid $180s to mid $190s and we will set our initial stop at $158, which would take out multiple levels of support on TXN's default chart and violate its trend line. We will use the top of the trading band, $220, as our target price. TXN also carries a 2.5% yield.
| 220.00 | X | Top | 220.00 | ||||||||||||||||||||||||||
| 216.00 | X | O | 216.00 | ||||||||||||||||||||||||||
| 212.00 | 7 | O | 212.00 | ||||||||||||||||||||||||||
| 208.00 | • | X | O | 208.00 | |||||||||||||||||||||||||
| 204.00 | • | X | • | • | X | O | 204.00 | ||||||||||||||||||||||
| 200.00 | X | • | X | O | X | • | X | O | 200.00 | ||||||||||||||||||||
| 198.00 | X | O | • | X | O | 3 | O | • | X | O | Mid | 198.00 | |||||||||||||||||
| 196.00 | X | O | • | X | O | X | O | • | X | O | 196.00 | ||||||||||||||||||
| 194.00 | X | O | X | O | X | O | • | X | O | 194.00 | |||||||||||||||||||
| 192.00 | X | O | X | O | O | • | X | O | 192.00 | ||||||||||||||||||||
| 190.00 | X | O | X | O | • | X | O | 190.00 | |||||||||||||||||||||
| 188.00 | • | O | X | X | O | • | X | X | O | 188.00 | |||||||||||||||||||
| 186.00 | O | X | O | X | O | X | • | X | O | X | 6 | O | 186.00 | ||||||||||||||||
| 184.00 | O | X | O | X | O | X | O | • | X | O | X | O | X | 184.00 | |||||||||||||||
| 182.00 | O | X | 2 | X | • | O | X | O | • | X | O | X | O | X | 182.00 | ||||||||||||||
| 180.00 | O | O | X | • | O | X | O | • | X | O | X | O | 180.00 | ||||||||||||||||
| 178.00 | O | • | O | X | O | • | X | O | X | 178.00 | |||||||||||||||||||
| 176.00 | • | O | X | O | • | X | O | X | 176.00 | ||||||||||||||||||||
| 174.00 | O | O | X | O | Bot | 174.00 | |||||||||||||||||||||||
| 172.00 | 4 | X | X | 172.00 | |||||||||||||||||||||||||
| 170.00 | O | X | O | X | 170.00 | ||||||||||||||||||||||||
| 168.00 | O | X | O | X | 168.00 | ||||||||||||||||||||||||
| 166.00 | O | X | O | X | X | 166.00 | |||||||||||||||||||||||
| 164.00 | O | X | O | X | X | O | X | 164.00 | |||||||||||||||||||||
| 162.00 | O | X | O | X | O | 5 | O | X | • | 162.00 | |||||||||||||||||||
| 160.00 | O | X | O | X | O | X | O | • | 160.00 | ||||||||||||||||||||
| 158.00 | O | X | O | X | O | X | • | 158.00 | |||||||||||||||||||||
| 156.00 | O | X | O | X | O | • | 156.00 | ||||||||||||||||||||||
| 154.00 | O | X | O | X | • | 154.00 | |||||||||||||||||||||||
| 152.00 | O | X | O | X | X | • | 152.00 | ||||||||||||||||||||||
| 150.00 | O | X | O | X | O | X | X | • | 150.00 | ||||||||||||||||||||
| 148.00 | O | X | O | X | O | X | O | X | • | 148.00 | |||||||||||||||||||
| 146.00 | O | X | O | X | O | X | O | X | • | 146.00 | |||||||||||||||||||
| 144.00 | O | O | X | O | • | O | • | 144.00 | |||||||||||||||||||||
| 142.00 | O | X | • | • | 142.00 | ||||||||||||||||||||||||
| 140.00 | O | • | 140.00 |
