Today's featured stock is Atmos Energy Corp (ATO).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| JPM | J.P. Morgan Chase & Co. | Banks | $318.28 | lo 300s - mid 320s | 380 | 256 | 5 TA rating, top 25% of favored BANK sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
| EWBC | East West Bancorp, Inc. | Banks | $120.54 | mid 100s - mid 110s | 157 | 92 | 4 for 5'er, top third of favored BANK sector matrix, LT pos peer RS, one box from mkt RS buy, spread quad top |
| ULTA | Ulta Beauty, Inc. | Retailing | $679.28 | 632 - hi 600s | 840 | 568 | 4 TA rating, top 10% of RETA sector matrix, LT RS buy, consec buy signals |
| APTV | Aptiv PLC | Autos and Parts | $85.15 | hi 70s - low 80s | 100 | 69 | 5 for 5'er, top half of AUTO sector matrix, successful trend line test |
| GS | Goldman Sachs Group, Inc. | Wall Street | $948.99 | mid-800s - mid-900s | 1416 | 736 | 5 TA rating, top 10% of WALL sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
| PHM | PulteGroup, Inc. | Building | $137.33 | hi 120s - mid 130s | 168 | 110 | 4 for 5'er, top half of BUIL sector matrix, LT pos peer & mkt RS, bullish catapult |
| META | Meta Platform Inc. | Internet | $670.72 | 650s - 690s | 1040 | 552 | 4 for 5'er, top 20% of INET sector matrix, LT pos peer & mkt RS, triple top, buy on pullback |
| BFH | Bread Financial Holdings Inc. | Business Products | $77.11 | 74-lo 80s | 94 | 64 | 5 TA rating, top 20% of BUSI sector matrix, LT RS buy, buy-on-pullback |
| ATO | Atmos Energy Corp | Gas Utilities | $174.17 | 170s | 202 | 148 | 4 for 5'er. top 20% of GUTI sector matrix, LT pos peer RS, 3.3% 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 |
|---|---|---|---|---|---|---|---|
| BCO | The Brink's Company | Protection Safety Equipment | $131.49 | mid 110s - low 120s | 152 | 104 | Removed for earnings. Raise stop to $114. Earn. 2/25 |
| ENVA | Enova International Inc | Finance | $157.79 | hi 150s - 160s | 190 | 142 | ENVA has fallen to a sell signal. OK to hold here. Raise stop to $146. |
Follow-Up Comments
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NDW Spotlight Stock
ATO Atmos Energy Corp R ($176.04) - Gas Utilities - ATO is a 4 for 5'er that ranks in the top quintile of the gas utilities sector matrix and has been on a peer RS buy signal since 2015. After giving two consecutive sell signals, ATO returned to a buy signal in last week's trading when it broke a double top at $172. Long exposure may be added in the $170s and we will set our initial stop at $148, a potential spread triple bottom break on ATO's default chart. We will use the bullish price objective, $202, as our target price. ATO also carries a 2.3% yield.
| 25 | 26 | ||||||||||||||||||||||||||||
| 180.00 | X | 180.00 | |||||||||||||||||||||||||||
| 178.00 | X | X | O | 178.00 | |||||||||||||||||||||||||
| 176.00 | X | O | X | O | 176.00 | ||||||||||||||||||||||||
| 174.00 | X | O | X | O | X | 174.00 | |||||||||||||||||||||||
| 172.00 | A | O | X | C | 1 | X | 172.00 | ||||||||||||||||||||||
| 170.00 | X | B | O | X | O | 2 | 170.00 | ||||||||||||||||||||||
| 168.00 | X | X | O | X | O | X | Mid | 168.00 | |||||||||||||||||||||
| 166.00 | X | X | O | X | O | O | X | 166.00 | |||||||||||||||||||||
| 164.00 | X | O | X | O | X | O | 164.00 | ||||||||||||||||||||||
| 162.00 | 5 | O | 8 | 9 | 162.00 | ||||||||||||||||||||||||
| 160.00 | X | O | X | X | • | 160.00 | |||||||||||||||||||||||
| 158.00 | X | O | X | O | X | • | 158.00 | ||||||||||||||||||||||
| 156.00 | 4 | X | O | X | O | X | • | 156.00 | |||||||||||||||||||||
| 154.00 | 3 | X | O | X | O | X | O | X | • | Bot | 154.00 | ||||||||||||||||||
| 152.00 | X | X | O | X | O | X | O | X | 6 | X | • | 152.00 | |||||||||||||||||
| 150.00 | X | O | X | O | X | O | X | X | O | 7 | • | 150.00 | |||||||||||||||||
| 148.00 | X | O | X | O | X | O | X | O | X | • | 148.00 | ||||||||||||||||||
| 146.00 | X | C | X | 2 | O | O | X | O | X | • | 146.00 | ||||||||||||||||||
| 144.00 | X | X | O | 1 | O | X | O | X | O | • | 144.00 | ||||||||||||||||||
| 142.00 | X | O | X | O | X | O | X | O | • | 142.00 | |||||||||||||||||||
| 140.00 | A | O | X | O | X | O | • | 140.00 | |||||||||||||||||||||
| 138.00 | X | B | O | • | 138.00 | ||||||||||||||||||||||||
| 136.00 | X | • | 136.00 | ||||||||||||||||||||||||||
| 134.00 | 9 | • | 134.00 | ||||||||||||||||||||||||||
| 132.00 | X | • | 132.00 | ||||||||||||||||||||||||||
| 130.00 | 8 | • | 130.00 | ||||||||||||||||||||||||||
| 128.00 | X | • | 128.00 | ||||||||||||||||||||||||||
| 126.00 | X | • | 126.00 | ||||||||||||||||||||||||||
| 124.00 | X | • | 124.00 | ||||||||||||||||||||||||||
| 122.00 | X | • | 122.00 | ||||||||||||||||||||||||||
| 120.00 | 7 | • | 120.00 | ||||||||||||||||||||||||||
| 118.00 | O | 6 | • | 118.00 | |||||||||||||||||||||||||
| 116.00 | O | X | • | 116.00 | |||||||||||||||||||||||||
| 114.00 | O | X | • | 114.00 | |||||||||||||||||||||||||
| 112.00 | O | • | 112.00 | ||||||||||||||||||||||||||
| 25 | 26 |
