Today's featured stock is ATI Inc. (ATI).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| WBS | Webster Financial Corporation | Banks | $71.78 | 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, Earn. 4/28 |
| CGON | CG Oncology, Inc. | Biomedics/Genetics | $67.70 | hi 50s - low 60s | 80 | 50 | 5 for 5'er, 18 of 162 in BIOM sector matrix, bullish catapult, good R-R, Earn. 5/7 |
| CNX | CNX Resources Corp | Oil | $39.28 | hi 30s - mid 40s | 71 | 33 | 5 TA rating, top 50% of OIL sector matrix, LT RS buy and pos trend, consec buy signals, Earn. 4/30 |
| FFIV | F5 Inc. | Internet | $289.81 | 280s - 290s | 344 | 256 | 4 for 5'er, top third of INET sector matrix, LT pos peer RS, spread quad top, Earn. 4/28 |
| INVA | Innoviva, Inc | Drugs | $23.76 | 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, Earn. 5/6 |
| ARCB | ArcBest Corp. | Transports/Non Air | $108.48 | 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, Earn. 4/28 |
| GSK | GlaxoSmithKline Plc. (United Kingdom) ADR | Drugs | $58.21 | hi 40s - mid 50s | 67 | 42 | 5 TA rating, top 25% of DRUG sector matrix, LT pos trend, yield > 3%, buy-on-pullback, Earn. 4/29 |
| ADI | Analog Devices, Inc. | Semiconductors | $350.14 | 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 | $82.22 | 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 | $790.66 | 680s - 720s | 848 | 592 | 5 for 5'er, top 10% in favored MACH sector matrix, LT pos peer & mkt RS, buy on pullback, Earn. 4/30 |
| DBD | Diebold Nixdorf Inc | Finance | $84.78 | 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, Earn. 4/30/b> |
| NI | Nisource, Inc. | Gas Utilities | $48.05 | mid-hi 40s | 78 | 38 | 5 TA rating, LT pos trend, LT mkt RS buy, consec buy signals, Earn. 5/6 |
| FHI | Federated Hermes Inc | Wall Street | $55.27 | 54-hi 50s | 91 | 46 | 5 TA rating, top 25% of WALL sector RS matrix, LT pos trend and mkt RS buy, consec buy signals, good R-R, Earn. 4/30 |
| CRS | Carpenter Technology Corporation | Steel/Iron | $435.30 | hi 370s - low 400s | 500 | 320 | 5 for 5'er, top third of STEE sector matrix, LT pos peer & mkt RS, spread quintuple top, buy on pullback, Earn. 4/29 |
| COST | Costco Wholesale Corporation | Retailing | $998.47 | 944-1050s | 1296 | 832 | 4 TA rating, top 33% of retail sector matrix, LT mkt RS buy, LT pos trend, consec buy signals |
| ATRO | Astronics Corp | Aerospace Airline | $72.49 | hi 60s - mid 70s | 90 | 59 | 5 for 5'er, top 20% of AERO sector matrix, bearish signal reversal to spread triple top |
| BURL | Burlington Stores, Inc. | Retailing | $333.73 | mid 320s to 340s | 400 | 284 | 5 for 5'er; top quintile of Retail matrix; Multi-Yr High on 4/9; R-R > 4. |
| AMG | Affiliated Managers Group | Wall Street | $285.36 | 270s - 280s | 356 | 232 | 5 for 5'er, top third of WALL sector matrix, LT pos peer RS, spread triple top, Earn. 5/7 |
| ATI | ATI Inc. | Aerospace Airline | $162.21 | 150s - mid 160s | 192 | 134 | 5 for 5'er, top 10% of favored AERO sector matrix, LT pos peer & mkt RS, bullish catapult, Earn. 4/30 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $32.76 | 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 |
|---|---|---|---|---|---|---|---|
| BRX | Brixmor Property Group Inc | Real Estate | $29.71 | hi 20s - lo 30s | 38 | 24 | Removed for earnings.Earn. 4/27 |
Follow-Up Comments
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NDW Spotlight Stock
ATI ATI Inc. ($162.21) - Aerospace Airline - ATI is a 5 for 5'er that ranks in the top decile of the favored aerospace/airline sector matrix and has been on peer and market RS buy signals since 2020. After giving three consecutive sell signals, ATI returned to a buy signal when it broke a triple top at $154 and gave a second consecutive buy signal last week when it completed a bullish catapult at $156. Long exposure may be added in $150s to mid $160s and we will set our initial stop at $134, which would take out two levels of support on ATI's default chart. We will use the bullish price objective, $192, as our target price.
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| 168.00 | X | 168.00 | |||||||||||||||||||||||||||
| 166.00 | X | O | 166.00 | ||||||||||||||||||||||||||
| 164.00 | X | 3 | O | 164.00 | |||||||||||||||||||||||||
| 162.00 | X | O | X | O | X | X | 162.00 | ||||||||||||||||||||||
| 160.00 | X | O | X | O | X | O | X | 160.00 | |||||||||||||||||||||
| 158.00 | X | O | O | X | O | X | 158.00 | ||||||||||||||||||||||
| 156.00 | X | O | X | O | X | 156.00 | |||||||||||||||||||||||
| 154.00 | X | O | X | O | X | X | 154.00 | ||||||||||||||||||||||
| 152.00 | X | O | X | O | X | X | X | O | X | 152.00 | |||||||||||||||||||
| 150.00 | X | O | X | O | X | O | X | O | X | O | X | 150.00 | |||||||||||||||||
| 148.00 | X | O | O | X | O | X | O | 4 | O | X | Mid | 148.00 | |||||||||||||||||
| 146.00 | X | O | X | O | X | O | X | O | 146.00 | ||||||||||||||||||||
| 144.00 | X | O | X | O | X | O | X | 144.00 | |||||||||||||||||||||
| 142.00 | X | O | X | O | X | O | X | 142.00 | |||||||||||||||||||||
| 140.00 | X | O | O | O | X | 140.00 | |||||||||||||||||||||||
| 138.00 | X | O | X | 138.00 | |||||||||||||||||||||||||
| 136.00 | X | X | O | 136.00 | |||||||||||||||||||||||||
| 134.00 | X | O | X | 134.00 | |||||||||||||||||||||||||
| 132.00 | X | O | X | 132.00 | |||||||||||||||||||||||||
| 130.00 | X | O | X | 130.00 | |||||||||||||||||||||||||
| 128.00 | X | O | X | 128.00 | |||||||||||||||||||||||||
| 126.00 | X | 2 | O | X | 126.00 | ||||||||||||||||||||||||
| 124.00 | X | O | X | O | 124.00 | ||||||||||||||||||||||||
| 122.00 | X | X | O | X | 122.00 | ||||||||||||||||||||||||
| 120.00 | X | O | X | O | X | 120.00 | |||||||||||||||||||||||
| 118.00 | 1 | O | X | O | 118.00 | ||||||||||||||||||||||||
| 116.00 | X | O | 116.00 | ||||||||||||||||||||||||||
| 114.00 | X | 114.00 | |||||||||||||||||||||||||||
| 112.00 | X | 112.00 | |||||||||||||||||||||||||||
| 110.00 | X | Bot | 110.00 | ||||||||||||||||||||||||||
| 108.00 | X | 108.00 | |||||||||||||||||||||||||||
| 106.00 | X | 106.00 | |||||||||||||||||||||||||||
| 104.00 | X | 104.00 | |||||||||||||||||||||||||||
| 102.00 | C | 102.00 | |||||||||||||||||||||||||||
| 100.00 | O | X | X | X | X | 100.00 | |||||||||||||||||||||||
| 99.00 | O | X | O | X | O | X | O | X | 99.00 | ||||||||||||||||||||
| 98.00 | O | X | O | X | O | X | O | X | 98.00 | ||||||||||||||||||||
| 97.00 | B | X | O | X | O | O | X | 97.00 | |||||||||||||||||||||
| 96.00 | O | X | O | O | X | 96.00 | |||||||||||||||||||||||
| 95.00 | O | X | O | X | 95.00 | ||||||||||||||||||||||||
| 94.00 | O | O | • | 94.00 | |||||||||||||||||||||||||
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