Today's featured stock is Corning Incorporated (GLW).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| WBS | Webster Financial Corporation | Banks | $69.42 | 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 |
| CGON | CG Oncology, Inc. | Biomedics/Genetics | $67.69 | hi 50s - low 60s | 80 | 50 | 5 for 5'er, 18 of 162 in BIOM sector matrix, bullish catapult, good R-R |
| BRX | Brixmor Property Group Inc | Real Estate | $28.80 | 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, Earn. 4/27 |
| CNX | CNX Resources Corp | Oil | $38.55 | 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 | $289.31 | 280s - 290s | 344 | 256 | 4 for 5'er, top third of INET sector matrix, LT pos peer RS, spread quad top, Earn. 4/27 |
| INVA | Innoviva, Inc | Drugs | $23.30 | 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 |
| ARCB | ArcBest Corp. | Transports/Non Air | $98.36 | low-to-mid 90s | 113 | 79 | 4 for 5'er, one box from market RS buy, top half of favored TRAN sector matrix, good R-R |
| GSK | GlaxoSmithKline Plc. (United Kingdom) ADR | Drugs | $55.19 | hi 40s - mid 50s | 67 | 42 | 5 TA rating, top 25% of DRUG sector matrix, LT pos trend, yield > 3%, buy-on-pullback |
| ADI | Analog Devices, Inc. | Semiconductors | $318.14 | 310s - 330s | 380 | 268 | 4 for 5'er, top half of favored SEMI sector matrix, LT pos market RS, return to buy signal |
| CSCO | Cisco Systems, Inc. | Computers | $77.59 | Upper 70s to lower 80s | 96 | 70 | 5 for 5'er; top quintile of Computers matrix; Pos. Trend since Sept. '24; Bull Triangle on 3/25. |
| CAT | Caterpillar, Inc. | Machinery and Tools | $708.46 | 680s - 720s | 848 | 592 | 5 for 5'er, #1 of 67 in favored MACH sector matrix, LT pos peer & mkt RS, buy on pullback |
| DBD | Diebold Nixdorf Inc | Finance | $75.44 | low-to-mid 70s | 99 | 63 | 5 for 5'er, #3 of 77 in FINA sector matrix, LT pos peer RS, bearish signal reversal, R-R>2.0 |
| NI | Nisource, Inc. | Gas Utilities | $46.66 | mid-hi 40s | 78 | 38 | 5 TA rating, LT pos trend, LT mkt RS buy, consec buy signals |
| GLW | Corning Incorporated | Electronics | $135.97 | hi 130s - 140s | 196 | 120 | 5 for 5'er, #2 of 66 in ELEC sector matrix, quad top breakout, R-R>2.5, Earn. 4/28 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.20 | hi 30s | 28 | 42 | 1 TA rating, bottom 50% of AUTO sector matrix, NT and mkt RS sell last month, consec sell signals |
Follow-Up Comments
| Comment | |||||||
|---|---|---|---|---|---|---|---|
|
|
|||||||
NDW Spotlight Stock
GLW Corning Incorporated R ($141.43) - Electronics - GLW is a 5 for 5'er that ranks second out 66 names in the electronics sector matrix. After giving four consecutive sell signals, GLW returned to a buy signal late last month when it broke a quadruple top at $136 and continued higher to $150. The stock subsequently pulled back to prior support at $128 and reversed up in Tuesday's trading. Long exposure may be added in upper $130s to $140s and we will et our initial stop at $120. We will use the bullish price objective, $196, as our target price, giving us a reward-to-risk ratio north of 2.5. GLW is expected to report earnings on 4/28.
| 162.00 | X | 162.00 | |||||||||||||||||||||||||||
| 160.00 | X | O | X | 160.00 | |||||||||||||||||||||||||
| 158.00 | X | O | X | O | 158.00 | ||||||||||||||||||||||||
| 156.00 | X | O | X | O | 156.00 | ||||||||||||||||||||||||
| 154.00 | X | O | 3 | O | 154.00 | ||||||||||||||||||||||||
| 152.00 | X | O | X | O | X | 152.00 | |||||||||||||||||||||||
| 150.00 | X | O | X | O | X | O | X | 150.00 | |||||||||||||||||||||
| 148.00 | X | O | O | X | O | X | O | 148.00 | |||||||||||||||||||||
| 146.00 | X | O | X | O | X | O | 146.00 | ||||||||||||||||||||||
| 144.00 | X | O | X | O | X | O | 144.00 | ||||||||||||||||||||||
| 142.00 | X | O | O | X | O | 142.00 | |||||||||||||||||||||||
| 140.00 | X | O | X | O | 140.00 | ||||||||||||||||||||||||
| 138.00 | X | O | X | X | O | 138.00 | |||||||||||||||||||||||
| 136.00 | X | X | O | X | O | X | O | 136.00 | |||||||||||||||||||||
| 134.00 | X | O | X | O | X | O | X | X | X | X | O | X | 134.00 | ||||||||||||||||
| 132.00 | X | O | X | O | X | O | X | O | X | O | X | O | X | O | X | 132.00 | |||||||||||||
| 130.00 | X | O | X | O | X | O | X | O | X | O | X | O | X | O | X | 130.00 | |||||||||||||
| 128.00 | X | O | X | O | X | O | O | X | O | X | O | O | Mid | 128.00 | |||||||||||||||
| 126.00 | X | O | O | X | O | O | X | 126.00 | |||||||||||||||||||||
| 124.00 | X | O | X | O | 124.00 | ||||||||||||||||||||||||
| 122.00 | X | O | 122.00 | ||||||||||||||||||||||||||
| 120.00 | X | 120.00 | |||||||||||||||||||||||||||
| 118.00 | X | 118.00 | |||||||||||||||||||||||||||
| 116.00 | X | X | 116.00 | ||||||||||||||||||||||||||
| 114.00 | X | O | X | 114.00 | |||||||||||||||||||||||||
| 112.00 | X | X | O | X | 112.00 | ||||||||||||||||||||||||
| 110.00 | X | O | X | O | X | 110.00 | |||||||||||||||||||||||
| 108.00 | X | O | 2 | O | X | 108.00 | |||||||||||||||||||||||
| 106.00 | X | O | X | O | 106.00 | ||||||||||||||||||||||||
| 104.00 | X | O | X | 104.00 | |||||||||||||||||||||||||
| 102.00 | X | O | X | 102.00 | |||||||||||||||||||||||||
| 100.00 | X | O | 100.00 | ||||||||||||||||||||||||||
| 99.00 | X | 99.00 | |||||||||||||||||||||||||||
| 98.00 | X | 98.00 | |||||||||||||||||||||||||||
| 97.00 | X | 97.00 | |||||||||||||||||||||||||||
| 96.00 | X | 96.00 | |||||||||||||||||||||||||||
| 95.00 | X | X | 95.00 | ||||||||||||||||||||||||||
| 94.00 | X | O | X | 94.00 | |||||||||||||||||||||||||
| 93.00 | X | O | X | 93.00 | |||||||||||||||||||||||||
| 92.00 | X | O | 92.00 | ||||||||||||||||||||||||||
| 91.00 | X | 91.00 | |||||||||||||||||||||||||||
| 90.00 | X | • | 90.00 | ||||||||||||||||||||||||||
| 89.00 | X | • | 89.00 | ||||||||||||||||||||||||||
| 88.00 | X | • | 88.00 | ||||||||||||||||||||||||||
| 87.00 | O | X | • | 87.00 | |||||||||||||||||||||||||
| 86.00 | O | X | • | 86.00 | |||||||||||||||||||||||||
| 85.00 | O | X | • | 85.00 | |||||||||||||||||||||||||
| 84.00 | O | • | 84.00 |
