Today's featured stock is Innovia, Inc. (INVA).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ABBV | AbbVie Inc. | Drugs | $208.34 | 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 | $37.51 | 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% |
| CACI | CACI International Inc. | Computers | $608.73 | 570s - 600s | 672 | 528 | 5 for 5'er, top 25% of COMP sector matrix, LT pos mkt RS, triple top breakout |
| WBS | Webster Financial Corporation | Banks | $68.70 | hi 60s - low 70s | 91 | 58 | 4 for 5'er, top 25% of BANK sector matrix, one box from peer RS buy, buy on pullback, 2.2% yield |
| MCK | McKesson Corporation | Drugs | $920.35 | 896-hi 970s | 1304 | 752 | 5 TA rating, top 33% of DRUG sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
| CGON | CG Oncology, Inc. | Biomedics/Genetics | $64.51 | hi 50s - low 60s | 80 | 50 | 5 for 5'er, 18 of 162 in BIOM sector matrix, bullish catapult, good R-R, Earn. 3/26 |
| RTX | RTX Corp. | Aerospace Airline | $204.56 | upper 190s to mid 210s | 254 | 166 | 4/5'er; top third of Aero matrix; Peer RS within 1 box of RS buy; ATHs on 3/2. |
| COCO | Vita Coco Company, Inc. | Food Beverages/Soap | $55.90 | mid-to-hi 50s | 72 | 48 | 5 for 5'er, top half of FOOD sector matrix, LT pos peer & mkt RS, pos trend flip |
| DGII | Digi International Inc | Telephone | $49.70 | upper 40s to lower 50s | 61 | 40 | 5 for 5'er; top quartile of Telephone matrix; buy signal since May '25, pos. trend since June '25. |
| ASND | Ascendis Pharma A/S | Biomedics/Genetics | $227.53 | 220s - low 230s | 282 | 188 | 4 for 5'er, top third of BIOM sector matrix, LT pos peer & mkt RS, bullish triangle, buy on pullback |
| BRX | Brixmor Property Group Inc | Real Estate | $29.55 | hi 20s - lo 30s | 38 | 24 | 4 for 5'er, top third of REAL sector matrix, LT pos peer & mkt RS, LT pos trend, bullish triangle, 4% yield |
| CNX | CNX Resources Corp | Oil | $41.36 | hi 30s - mid 40s | 71 | 33 | 5 TA rating, top 50% of OIL sector matrix, LT RS buy and pos trend, consec buy signals |
| FFIV | F5 Inc. | Internet | $282.09 | 280s - 290s | 344 | 256 | 4 for 5'er, top third of INET sector matrix, LT pos peer RS, spread quad top |
| INVA | Innoviva, Inc | Drugs | $21.89 | lo-mid 20s | 32.50 | 18.50 | 5 TA rating, top half of drugs sector RS matrix, LT pos trend, LT RS buy, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.00 | hi 30s | 28 | 42 | 1 TA rating, bottom 50% of AUTO sector matrix, NT and mkt RS sell last month, consec sell signals |
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ZWS | Zurn Elkay Water Solutions Corp. | Machinery and Tools | $44.34 | 42 | Moved to a sell signal. Current exposure may maintain $42 stop. |
Follow-Up Comments
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NDW Spotlight Stock
INVA Innoviva, Inc ($22.09) R - Drugs - INVA has a 5 for 5 TA rating and sits in the top half of the drugs sector RS matrix. The stock pushed higher last month to give a second consecutive buy signal before reaching a new multi-year high at $25. The beginning of March saw INVA retract back down toward the middle of its trading band, where it still sits. The long-term weight of the technical evidence is favorable, allowing this to serve as a buy on pullback opportunity. Exposure can be considered in the low to mid-$20s. Our initial stop will be positioned at $18.50, which would move the stock to a sell signal. The bullish price objective of $32.50 will serve as our price target.
| 22 | 23 | 24 | 25 | 26 | |||||||||||||||||||||||||
| 25.00 | X | 25.00 | |||||||||||||||||||||||||||
| 24.00 | X | O | Top | 24.00 | |||||||||||||||||||||||||
| 23.00 | X | O | 23.00 | ||||||||||||||||||||||||||
| 22.00 | X | X | X | 3 | 22.00 | ||||||||||||||||||||||||
| 21.00 | • | B | X | O | X | X | O | 2 | Mid | 21.00 | |||||||||||||||||||
| 20.00 | X | X | • | X | O | 6 | O | X | O | X | O | X | 20.00 | ||||||||||||||||
| 19.50 | X | O | X | O | • | 9 | O | X | 7 | X | O | X | C | X | 19.50 | ||||||||||||||
| 19.00 | X | O | X | O | • | X | O | 1 | 5 | O | X | 9 | B | 1 | 19.00 | ||||||||||||||
| 18.50 | X | X | 3 | X | 4 | • | X | O | X | O | X | O | X | O | X | 18.50 | |||||||||||||
| 18.00 | B | O | X | O | X | O | • | X | C | X | O | X | 8 | O | X | Bot | 18.00 | ||||||||||||
| 17.50 | A | O | X | O | X | O | • | X | O | 2 | X | A | X | • | 17.50 | ||||||||||||||
| 17.00 | X | O | 2 | O | O | • | 7 | 4 | O | • | 17.00 | ||||||||||||||||||
| 16.50 | X | X | O | X | 5 | X | 1 | X | • | 16.50 | |||||||||||||||||||
| 16.00 | X | O | 9 | 1 | X | O | X | O | X | O | 5 | • | 16.00 | ||||||||||||||||
| 15.50 | X | O | X | O | O | X | O | X | O | X | • | 15.50 | |||||||||||||||||
| 15.00 | X | O | X | O | O | X | 3 | X | • | 15.00 | |||||||||||||||||||
| 14.50 | 8 | O | • | 6 | C | O | • | 14.50 | |||||||||||||||||||||
| 14.00 | 7 | • | 7 | B | • | 14.00 | |||||||||||||||||||||||
| 13.50 | X | • | 8 | A | X | • | 13.50 | ||||||||||||||||||||||
| 13.00 | 5 | • | 9 | X | O | 5 | • | 13.00 | |||||||||||||||||||||
| 12.50 | X | • | O | X | O | 4 | • | 12.50 | |||||||||||||||||||||
| 12.00 | X | • | O | 2 | X | • | 12.00 | ||||||||||||||||||||||
| 11.50 | X | • | 3 | X | • | 11.50 | |||||||||||||||||||||||
| 11.00 | • | O | • | 11.00 | |||||||||||||||||||||||||
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