Today's featured stock is Zurn Elkay Water Solutions Corp. (ZWS).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| GS | Goldman Sachs Group, Inc. | Wall Street | $921.38 | 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 | $134.61 | hi 120s - mid 130s | 168 | 110 | 4 for 5'er, top half of BUIL sector matrix, LT pos peer & mkt RS, bullish catapult |
| CBOE | CBOE Global Markets Inc. | Wall Street | $291.27 | lo 260s - mid 280s | 332 | 228 | 5 TA rating, top 25% of WALL sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
| JBL | Jabil Circuit, Inc. | Electronics | $277.57 | mid 240s- lo 270s | 352 | 204 | 4 TA rating, top 50% of ELEC sector matrix, LT RS buy, buy-on-pullback, Earn. 3/19 |
| ABBV | AbbVie Inc. | Drugs | $226.92 | 210s - low 230s | 284 | 188 | 5 for 5'er, favored DRUG sector, LT pos peer & mkt RS, breakout from consec sell signals, 2.9% yield |
| AB | AllianceBernstein Holding LP | Wall Street | $39.82 | low 40s | 64 | 32 | 3 TA rating, LT mkt RS buy, LT pos trend, top 50% of WALL sector matrix, consec buy signals, buy-on-pullback, yield > 8% |
| SN | SharkNinja, Inc. | Household Goods | $128.90 | 120s - low 130s | 183 | 108 | 4 for 5'er, 3rd of 28 in HOUS sector matrix, multiple buy signals, buy on pullback, R-R>2.0 |
| BYD | Boyd Gaming Corp | Gaming | $84.93 | 82 - 88 | 98 | 72 | 4 for 5'er, top 20% of GAME sector matrix, LT pos peer RS, triple top, pos trend flip, buy on pullback |
| PKG | Packaging Corp of America | Forest Prods/Paper | $230.92 | hi 200s - mid 230s | 358 | 184 | 4 TA rating, top 20% of FORE sector RS matrix, LT RS buy, buy-on-pullback |
| CPA | Copa Holdings SA | Aerospace Airline | $147.94 | 140s | 166 | 124 | 4 for 5'er, top half of favored AERO sector matrix, LT pos mkt RS, bullish catapult, 4.8% yield |
| ZWS | Zurn Elkay Water Solutions Corp. | Machinery and Tools | $50.63 | hi 40s - lo 50s | 95 | 42 | 5 TA rating, LT pos trend, LT mkt RS buy, consec buy signals, buy-on-pullback |
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
ZWS Zurn Elkay Water Solutions Corp. ($50.83) R - Machinery and Tools - ZWS has a 5 for 5 TA rating and sits in the top half of the favored machinery and tools sector RS matrix. The stock has maintained a positive trend since 2023 and been on an RS buy signal against the market since 2018, highlighting the long-term technical strength. The recent chart action saw ZWS retract from all-time highs toward the middle of its trading band, offering potential long investors a better entry point. Exposure may be considered on this pullback in the high $40s to low $50s. Our initial stop will be positioned at $42, which would violate multiple support levels on the more sensitive 1/2 point chart. The bullish price objective of $95 will serve as our price target, offering a reward-to-risk ratio north of 4-to-1.
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