Today's featured stock is Simon Property Group, Inc (SPG).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CNX | CNX Resources Corp | Oil | $38.37 | 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 |
| INVA | Innoviva, Inc | Drugs | $24.19 | 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 |
| GSK | GlaxoSmithKline Plc. (United Kingdom) ADR | Drugs | $59.18 | 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 | $348.60 | 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 | $82.61 | 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, Earn. 5/13 |
| CAT | Caterpillar, Inc. | Machinery and Tools | $794.25 | 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 | $85.49 | 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 | $47.22 | 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 | $58.30 | 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 | $438.80 | hi 370s - low 400s | 500 | 348 | 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 | $974.80 | 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 | $76.06 | hi 60s - mid 70s | 90 | 59 | 5 for 5'er, top 20% of AERO sector matrix, bearish signal reversal to spread triple top, Earn. 5/12 |
| BURL | Burlington Stores, Inc. | Retailing | $335.04 | 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 | $303.21 | 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 | $163.03 | 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 |
| DRS | Leonardo DRS, Inc. | Aerospace Airline | $47.54 | mid-hi 40s | 66 | 37 | 4 TA rating, top 25% of aerospace/airline sector matrix, consec buy signals, LT pos trend, Earn. 5/5 |
| SPG | Simon Property Group, Inc. | Real Estate | $202.96 | 190s - low 200s | 246 | 172 | 5 for 5'er, top 20% of REAL sector matrix, LT pos peer & mkt RS, bearish signal reversal, 4.3% yield, Earn. 5/11 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.29 | 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 |
|---|---|---|---|---|---|---|---|
| CGON | CG Oncology, Inc. | Biomedics/Genetics | $67.28 | hi 50s - low 60s | 80 | 50 | CGON has fallen to a sell signal. OK to hold here. Raise top to $59. Earn. 5/7 |
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NDW Spotlight Stock
SPG Simon Property Group, Inc. R ($201.46) - Real Estate - SPG is a 5 for 5'er that ranks in the top quintile of the real estate sector matrix and has been on peer & market RS buy signals since 2021. After giving three consecutive sell signals, SPG returned to a buy signal last week when it completed a bearish signal reversal at $194. Long exposure may be added in the $190s to low $200s and we will set our initial stop at $172. We will use the bullish price objective, $246, as our target price. SPG also carries a 4.3% yield and is expected to report earnings on 5/11.
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