Today's featured stock is Deere & Company (DE).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CNX | CNX Resources Corp | Oil | $39.35 | 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 | $23.92 | 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 |
| ADI | Analog Devices, Inc. | Semiconductors | $347.94 | 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 | $82.36 | 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 | $770.17 | 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 | $84.82 | 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 |
| NI | Nisource, Inc. | Gas Utilities | $47.37 | 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 | $58.00 | 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 |
| COST | Costco Wholesale Corporation | Retailing | $984.75 | 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 | $76.26 | 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 | $339.20 | 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 | $301.15 | 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 | $156.83 | 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 | $46.29 | 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 | $201.61 | 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 |
| DE | Deere & Company | Machinery and Tools | $576.64 | 552 - lo 600s | 752 | 512 | 4 TA rating, top 33% of MACH sector RS matrix, LT peer RS buy, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.36 | 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 |
|---|---|---|---|---|---|---|---|
| GSK | GlaxoSmithKline Plc. (United Kingdom) ADR | Drugs | $57.81 | hi 40s - mid 50s | 67 | 42 | Removed for earnings (4/29). |
| CRS | Carpenter Technology Corporation | Steel/Iron | $428.67 | hi 370s - low 400s | 500 | 348 | Removed for earnings (4/29) |
Follow-Up Comments
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NDW Spotlight Stock
DE Deere & Company ($581.62) R - Machinery and Tools - DE has a 4 for 5 TA rating and sits in the top third of the favored machinery and tools sector RS matrix. The stock has maintained a positive trend since January and moved back to a buy signal last week, showing technical improvement. The stock has been on an RS buy signal against the market since February and has been favorable against its peers since 2024. The weight of the evidence is favorable and improving. DE retracted with the market action this week, providing an actionable entry point. Exposure may be considered from $552 to the low $600s. Our initial stop will be positioned at $512, which would move the stock to a sell signal and a negative trend. The bullish price objective of $752 will serve as our price target.
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| 672.00 | X | 672.00 | |||||||||||||||||||||||||||
| 664.00 | X | O | 664.00 | ||||||||||||||||||||||||||
| 656.00 | X | O | 656.00 | ||||||||||||||||||||||||||
| 648.00 | X | O | 648.00 | ||||||||||||||||||||||||||
| 640.00 | X | O | 640.00 | ||||||||||||||||||||||||||
| 632.00 | X | O | 632.00 | ||||||||||||||||||||||||||
| 624.00 | X | X | O | 624.00 | |||||||||||||||||||||||||
| 616.00 | X | O | X | O | X | 616.00 | |||||||||||||||||||||||
| 608.00 | X | O | X | 3 | X | O | 608.00 | ||||||||||||||||||||||
| 600.00 | X | O | X | O | X | O | 600.00 | ||||||||||||||||||||||
| 592.00 | X | O | O | X | O | Mid | 592.00 | ||||||||||||||||||||||
| 584.00 | X | O | X | X | O | 584.00 | |||||||||||||||||||||||
| 576.00 | X | O | X | O | 4 | O | 576.00 | ||||||||||||||||||||||
| 568.00 | X | O | X | O | X | 568.00 | |||||||||||||||||||||||
| 560.00 | X | O | X | O | X | 560.00 | |||||||||||||||||||||||
| 552.00 | X | O | O | 552.00 | |||||||||||||||||||||||||
| 544.00 | 2 | 544.00 | |||||||||||||||||||||||||||
| 536.00 | • | X | 536.00 | ||||||||||||||||||||||||||
| 528.00 | X | 6 | X | • | • | X | 528.00 | ||||||||||||||||||||||
| 520.00 | X | O | X | O | X | O | X | • | X | • | 520.00 | ||||||||||||||||||
| 512.00 | X | O | X | O | X | O | X | O | • | X | • | 512.00 | |||||||||||||||||
| 504.00 | X | O | O | X | O | X | O | • | • | X | • | 504.00 | |||||||||||||||||
| 496.00 | X | 7 | O | 8 | X | • | X | • | • | • | X | • | 496.00 | ||||||||||||||||
| 488.00 | X | O | X | O | • | X | O | C | • | X | • | X | • | 488.00 | |||||||||||||||
| 480.00 | X | O | X | O | X | X | O | X | O | X | O | X | • | 480.00 | |||||||||||||||
| 472.00 | 5 | O | • | 9 | X | O | X | O | X | O | X | O | X | • | Bot | 472.00 | |||||||||||||
| 464.00 | X | • | • | O | X | O | X | O | • | O | X | 1 | • | 464.00 | |||||||||||||||
| 456.00 | X | • | O | X | B | • | • | O | • | • | 456.00 | ||||||||||||||||||
| 448.00 | X | • | A | X | • | • | 448.00 | ||||||||||||||||||||||
| 440.00 | • | O | • | 440.00 | |||||||||||||||||||||||||
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