Today's featured stock is The TJX Companies, Inc (TJX).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BN | Brookfield Corp. | Wall Street | $46.75 | mid-to-hi 60s | 62.50 | 41 | Due to a stock split, we will adjust our stop to $41, which would take out multiple levels of support on BN's $0.50 chart. Earn. 11/13 |
| AYI | Acuity Inc. | Building | $370.46 | 340s - 350s | 456 | 296 | 4 for 5'er, top half of BUIL sector matrix, triple top, buy on pullback, R-R~2.0 |
| JOYY | JOYY Inc. | Internet | $61.06 | mid-to-hi 50s | 88 | 48 | 5 for 5'er, top third of favored INET sector matrix, spread triple top, buy on pullback, R-R~4.0, 4.9% yield, Earn. 11/25 |
| SNOW | Snowflake, Inc. Class A | Software | $265.97 | low $230s to low $250s | 358 | 212 | 4 for 5'er, pos. trend and mkt RS buy signal since May; pulling back from rally high; top quintile of software matrix, Earn. 11/26 |
| IBKR | Interactive Brokers Group, Inc. | Wall Street | $69.49 | mid-to-hi 60s | 79 | 59 | 5 for 5'er, #2 of 62 in favored WALL sector matrix, LT pos mkt & peer RS, buy on pullback |
| TPR | Tapestry Inc. | Textiles/Apparel | $114.97 | 110s | 163 | 92 | 5 for 5'er, #1 of 22 in favored TEXT sector matrix, LT pos mkt & peer RS, triple top, R-R~2.0, Earn. 11/6 |
| DCI | Donaldson Co Inc | Waste Management | $83.57 | 80 - 84 | 92 | 67 | 3/5'er; top 3rd of sector matrix; ATHs 10/21; R-R > 2. |
| TXRH | Texas Roadhouse, Inc. | Restaurants | $174.31 | hi 160s - hi 170s | 226 | 148 | 4 for 5'er, top half of REST sector matrix, LT pos peer & mkt RS, bearish signal reversal, Earn. 11/6 |
| CMI | Cummins Inc. | Machinery and Tools | $421.06 | hi 390s - 430s | 492 | 352 | 5 TA rating, top 33% of MACH sector, consec buy signals, buy-on-pullback, Earn. 11/6 |
| SF | Stifel Financial Corp | Wall Street | $119.06 | 110s | 140 | 92 | 4 for 5'er, top half of WALL sector matrix, LT pos peer & mkt RS, quad top break, 1.6% yield |
| CMC | Commercial Metals Corporation | Steel/Iron | $60.41 | hi 50s - low 60s | 79 | 49 | 4 for 5'er, favored STEE sector matrix, LT pos peer & mkt RS, pos trend flip, 1.2% yield |
| TJX | The TJX Companies, Inc. | Retailing | $143.27 | 136-hi 140s | 194 | 118 | 4 TA rating, top 50% of RETA sector matrix, LT pos trend, LT mkt RS buy, consec buy signals, Earn. 11/19 |
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
TJX The TJX Companies, Inc. ($143.69) R - Retailing - TJX has a 4 for 5 TA rating and has maintained a positive trend since mid-2022. The stock also sits in the top half of the retailing sector RS matrix and has been on an RS buy signal against the market since 2023, highlighting the strength of the long-term technical picture. The recent market action saw TJX notch a new all-time high with a second consecutive buy signal at $146 in the middle of this month. TJX has since normalized toward the middle of its trading band, offering a potential entry point for long investors. Exposure may be considered from $136 to the high $140s. Our initial stop will be positioned at $118, which would violate multiple support levels and move the stock to a negative trend. The bullish price objective of $194 will serve as our upside target. Note that earnings are expected on 11/19.
| 25 | |||||||||||||||||||||||||||||
| 146.00 | A | 146.00 | |||||||||||||||||||||||||||
| 144.00 | X | X | 144.00 | ||||||||||||||||||||||||||
| 142.00 | X | O | 9 | 142.00 | |||||||||||||||||||||||||
| 140.00 | X | O | X | Mid | 140.00 | ||||||||||||||||||||||||
| 138.00 | X | O | X | 138.00 | |||||||||||||||||||||||||
| 136.00 | X | O | 136.00 | ||||||||||||||||||||||||||
| 134.00 | X | X | 134.00 | ||||||||||||||||||||||||||
| 132.00 | X | O | X | 132.00 | |||||||||||||||||||||||||
| 130.00 | X | 5 | O | X | 130.00 | ||||||||||||||||||||||||
| 128.00 | X | X | X | O | X | O | 8 | Bot | 128.00 | ||||||||||||||||||||
| 126.00 | X | O | X | X | O | X | O | X | O | 7 | X | 126.00 | |||||||||||||||||
| 124.00 | X | O | X | O | 4 | O | X | O | 6 | X | O | X | 124.00 | ||||||||||||||||
| 122.00 | X | C | X | O | X | O | X | O | X | O | X | 122.00 | |||||||||||||||||
| 120.00 | X | X | 1 | X | 3 | X | O | X | O | O | • | 120.00 | |||||||||||||||||
| 118.00 | X | O | X | X | O | O | X | O | • | 118.00 | |||||||||||||||||||
| 116.00 | X | O | X | O | X | O | X | • | 116.00 | ||||||||||||||||||||
| 114.00 | X | X | A | X | O | X | O | • | 114.00 | ||||||||||||||||||||
| 112.00 | 7 | O | X | O | B | • | 112.00 | ||||||||||||||||||||||
| 110.00 | X | O | X | • | 110.00 | ||||||||||||||||||||||||
| 108.00 | X | 8 | • | 108.00 | |||||||||||||||||||||||||
| 106.00 | 6 | • | 106.00 | ||||||||||||||||||||||||||
| 104.00 | X | • | 104.00 | ||||||||||||||||||||||||||
| 102.00 | X | X | • | 102.00 | |||||||||||||||||||||||||
| 100.00 | O | X | O | X | • | 100.00 | |||||||||||||||||||||||
| 99.00 | O | X | O | X | • | 99.00 | |||||||||||||||||||||||
| 98.00 | 3 | X | 4 | X | • | 98.00 | |||||||||||||||||||||||
| 97.00 | O | X | O | X | X | • | 97.00 | ||||||||||||||||||||||
| 96.00 | O | O | X | O | X | • | 96.00 | ||||||||||||||||||||||
| 95.00 | O | X | O | X | • | 95.00 | |||||||||||||||||||||||
| 94.00 | O | X | 5 | • | 94.00 | ||||||||||||||||||||||||
| 93.00 | O | • | 93.00 | ||||||||||||||||||||||||||
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