Today's featured stock is Lamar Advertising Company (LAMR).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| SF | Stifel Financial Corp | Wall Street | $115.24 | 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 | $57.35 | 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 |
| AIT | Applied Industrial Technologies, Inc. | Machinery and Tools | $242.52 | mid 240s - ow 260s | 316 | 208 | 5 for 5'er, top half of favored MACH sector matrix, LT pos peer & mkt RS, pos trend flip |
| UBS | UBS AG (Switzerland) ADR | Banks | $36.79 | mid-hi 30s | 65 | 30 | 5 TA rating, top 20% of BANK sector RS matrix, LT RS buy, LT pos trend, buy-on-pullback, R-R > 3, yield > 2% |
| BAC | Bank of America | Banks | $51.00 | 49 - 54 | 67 | 44 | 4 for 5'er, top 25% of favored BANK sector matrix, LT pos peer RS, bullish catapult, 2.1% yield |
| SHEL | Shell PLC Sponsored ADR | Oil | $73.21 | 72 - hi 70s | 87 | 65 | 4 TA rating, top 25% of OIL sector, LT RS buy, consec buy signals, yield > 3% |
| CME | CME Group, Inc. | Wall Street | $275.21 | 260s - 270s | 312 | 224 | 4 for 5'er, middle of WALL sector matrix, triple top breakout, 1.8% yield |
| AFL | AFLAC Incorporated | Insurance | $110.55 | 108 - 115 | 143 | 95 | 4 for 5'er, top half of INSU sector matrix, LT pos peer & mkt RS, spread triple top, 2% yield |
| GFI | Gold Fields Limited (South Africa) ADR | Precious Metals | $37.95 | 40 - 44 | 58 | 35 | 4 for 5'er, top third of PREC sector matrix, LT pos peer & mkt RS, good R-R, 1.8% yield |
| FTI | TechnipFMC PLC | Oil Service | $43.49 | hi 30s - mid 40s | 60 | 34 | 5 TA rating, top 50% of OILS sector matrix, LT RS buy and pos trend, consec buy signals |
| GVA | Granite Construction Inc | Building | $102.41 | hi 90s - mid 100s | 157 | 87 | 5 for 5'er, top third of BUIL sector matrix, buy on pullback, R-R>3.0 |
| GLDD | Great Lakes Dredge & Dock Corporation | Building | $11.65 | 11.50 - 12.50 | 17 | 10 | 5 for 5'er, top third of BUIL sector matrix, LT pos peer & mkt RS, spread quad top, R-R>2.0 |
| AMG | Affiliated Managers Group | Wall Street | $252.92 | hi 230s - lo 260s | 298 | 198 | 5 TA rating, top of WALL sector matrix, consec buy signals, pos wkly mom, buy-on-pullback |
| SGI | Somnigroup International Inc | Household Goods | $84.64 | 80s | 125 | 69 | 5 for 5'er, top 10% of HOUS sector matrix, LT pos peer & mkt RS, buy on pullback, good R-R |
| CINF | Cincinnati Financial Corporation | Insurance | $163.75 | mid 150s - hi 160s | 206 | 134 | 4 TA rating, top 33% of INSU sector matrix, LT mkt RS buy, yield > 2%, pos momentum, buy-on-pullback |
| LAMR | Lamar Advertising Company | Media | $127.82 | 120s - low 130s | 158 | 110 | 4 for 5'er, top half of MEDI sector matrix, LT pos peer & mkt RS, spread triple top 4.8% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| DCI | Donaldson Co Inc | Waste Management | $84.97 | 80 - 84 | 92 | 67 | Removed for earnings. Earn. 12/4 |
Follow-Up Comments
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NDW Spotlight Stock
LAMR Lamar Advertising Company R ($131.17) - Media - LAMR is a 4 for 5'er that ranks in the top half of the media sector matrix and has been on market and peer RS buy signals since 2020 and 2021, respectively. On its default chart, the stock completed a second consecutive buy signal last week when it broke a spread triple top at $130, taking out resistance that had been in place since July. Long exposure may be added in the $120s to low $130s and we will set our initial stop $110, which would take out multiple levels of support on LAMR's chart and violate its trend line. We will use the bullish price objective, $158 as our target price. LAMR also carries a 4.8% yield
| 25 | |||||||||||||||||||||||||||||
| 136.00 | O | • | Top | 136.00 | |||||||||||||||||||||||||
| 134.00 | O | X | • | • | 134.00 | ||||||||||||||||||||||||
| 132.00 | O | X | O | X | • | 132.00 | |||||||||||||||||||||||
| 130.00 | B | X | O | 2 | O | • | • | X | 130.00 | ||||||||||||||||||||
| 128.00 | O | X | C | X | O | • | • | X | • | • | X | X | 128.00 | ||||||||||||||||
| 126.00 | O | O | X | O | X | X | • | X | O | X | • | X | O | X | 126.00 | ||||||||||||||
| 124.00 | O | X | O | X | O | X | O | • | 7 | O | X | O | X | O | X | 124.00 | |||||||||||||
| 122.00 | O | X | O | X | O | X | O | • | 6 | O | X | O | X | 9 | B | Mid | 122.00 | ||||||||||||
| 120.00 | O | X | O | 3 | O | • | X | X | 8 | O | X | A | X | 120.00 | |||||||||||||||
| 118.00 | 1 | O | • | X | X | O | X | • | O | X | O | X | 118.00 | ||||||||||||||||
| 116.00 | O | 4 | • | 5 | O | X | O | X | • | O | X | O | • | 116.00 | |||||||||||||||
| 114.00 | O | X | O | X | X | • | X | O | X | O | • | O | • | • | 114.00 | ||||||||||||||
| 112.00 | O | X | O | X | O | X | O | X | O | • | • | 112.00 | |||||||||||||||||
| 110.00 | O | O | X | O | X | O | X | • | 110.00 | ||||||||||||||||||||
| 108.00 | O | X | O | O | X | • | Bot | 108.00 | |||||||||||||||||||||
| 106.00 | O | X | O | • | 106.00 | ||||||||||||||||||||||||
| 104.00 | • | O | X | • | • | 104.00 | |||||||||||||||||||||||
| 102.00 | • | O | X | • | 102.00 | ||||||||||||||||||||||||
| 100.00 | • | O | • | 100.00 | |||||||||||||||||||||||||
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