Today's featured stock is Lam Research Corporation (LRCX).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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| DRI | Darden Restaurants, Inc. | Restaurants | $205.41 | hi 190s - mid 210s | 262 | 178 | 5 TA rating, top 50% of REST sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
| BSX | Boston Scientific Corporation | Healthcare | $103.05 | 99 - 108 | 133 | 91 | 5 for 5'er, top 25% of HEAL sector matrix, LT pos mkt RS, spread triple top |
| TSCO | Tractor Supply Company | Retailing | $61.10 | upper 50s | 66 | 50 | 3 for 5'er, top half of favored RETA sector matrix, LT pos mkt RS, buy on pullback |
| HLT | Hilton Worldwide Holdings Inc | Leisure | $269.15 | 260s - low 280s | 364 | 216 | 5 TA rating, top 50% of LEIS sector matrix, LT RS buy, LT pos trend, consec buy signals, buy on pullback. |
| RPM | RPM, Inc. | Chemicals | $123.16 | 110 - 120 | 150 | 99 | 5 for 5'er, top half of favored CHEM sector matrix, LT pos mkt RS, bullish catapult, pos trend flip, 1.7% yield |
| AMZN | Amazon.com Inc. | Retailing | $231.49 | 200s - low 210s | 240 | 178 | 4 for 5'er, top half of favored RETA sector matrix, LT pos peer & mkt RS, buy on pullback |
| SCHW | The Charles Schwab Corporation | Wall Street | $96.17 | lo-hi 90s | 120 | 76 | 5 TA rating, top 20% of WALL sector matrix, LT peer RS buy, consec buy signals, buy-on-pullback |
| WING | Wingstop Inc. | Restaurants | $339.63 | 320s - 340s | 432 | 280 | 5 for 5'er, #3 of 28 in REST sector matrix, LT pos mkt RS, buy on pullback |
| AXP | American Express Company | Finance | $307.05 | 288-lo 310s | 424 | 236 | 5 TA rating, top 20% of FINA sector matrix, LT RS buy, LT pos trend, consec buy signals, buy on pullback |
| PEG | Public Service Enterprise Group Inc. | Utilities/Electricity | $84.12 | mid 80s | 95 | 74 | 3 for 5'er, favored EUTI sector, spread quintuple top, buy on pullback, 2.9% yield |
| MS | Morgan Stanley | Wall Street | $144.78 | 140s - lo 150s | 186 | 122 | 5 TA rating, top 33% of WALL sector matrix, LT pos mkt RS, consec buy signals, recent breakout |
| PEGA | Pegasystems Inc | Software | $53.24 | low-to-mid 50s | 79 | 42 | 5 for 5'er, top 20% of favored SOFT sector matrix, buy on pullback, R-R>2.0 |
| FOXA | Fox Corporation Class A | Media | $57.57 | hi 50s - lo 60s | 70 | 52 | 5 TA rating, LT pos trend, LT peer RS buy, shakeout completion, pos wkly mom |
| ICE | IntercontinentalExchange Inc. | Wall Street | $177.94 | mid 170s - mid 180s | 228 | 152 | 5 for 5'er, top half of favored WALL sector matrix, LT pos peer & mkt RS, buy on pullback |
| ACT | Enact Holdings Inc | Finance | $37.28 | mid-to-hi 30s | 48 | 31 | 5 for 5'er, top half of favored FINA sector matrix, spread quad top, 2.2% yield |
| LRCX | Lam Research Corporation | Semiconductors | $98.88 | 95 - lo 100s | 135 | 79 | 5 TA rating, top 25% of SEMI sector matrix, LT RS buy, buy-on-pulback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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Follow-Up Comments
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NDW Spotlight Stock
LRCX Lam Research Corporation ($100.32) R - Semiconductors - LRCX has a 5 for 5 TA rating and sits in the top 25% of the semiconductors sector RS matrix. The stock has been on an RS buy signal against the market and its peers since 2023. The recent price action saw LRCX return to a buy signal and reach a new 52-week high before pulling back to the current position just above the mid-point on its trading band. The long-term technical picture remains decidedly positive, and the near-term consolidation offers potential investors a more opportune entry point. Exposure may be considered from $95 to the low $100s. Our initial stop will be positioned at $79, which would violate multiple support levels and move the stock to a negative trend. The bullish price objective of $135 will serve as our price target.
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