Today's featured stock is Academy Sports and Outdoors, Inc. (ASO).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| INVA | Innoviva, Inc | Drugs | $23.60 | 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 | $353.80 | 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 | $84.50 | 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 |
| NI | Nisource, Inc. | Gas Utilities | $47.72 | mid-hi 40s | 78 | 38 | 5 TA rating, LT pos trend, LT mkt RS buy, consec buy signals, Earn. 5/6 |
| COST | Costco Wholesale Corporation | Retailing | $987.21 | 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 | $74.87 | 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 | $337.29 | 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 | $299.41 | 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 | $155.83 | 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 | $44.95 | 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 | $201.35 | 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 | $584.19 | 552 - lo 600s | 752 | 512 | 4 TA rating, top 33% of MACH sector RS matrix, LT peer RS buy, buy-on-pullback |
| ASO | Academy Sports and Outdoors, Inc. | Retailing | $57.95 | hi 50s- low 60s | 73 | 49 | 4 for 5'er, top third of RETA sector matrix, triple top, pos trend flip |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.27 | 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 |
|---|---|---|---|---|---|---|---|
| CNX | CNX Resources Corp | Oil | $39.76 | hi 30s - mid 40s | 71 | 33 | Removed for earnings. Earn. 4/30 |
| CAT | Caterpillar, Inc. | Machinery and Tools | $772.66 | 680s - 720s | 848 | 592 | Removed for earnings Raise stop to $656. Earn. 4/30 |
| DBD | Diebold Nixdorf Inc | Finance | $86.30 | low-to-mid 70s | 99 | 63 | Removed for earnings. Raise stop to $73. Earn. 4/30 |
| FHI | Federated Hermes Inc | Wall Street | $56.95 | 54-hi 50s | 91 | 46 | Removed for earnings. Raise stop to $50. Earn. 4/30 |
Follow-Up Comments
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NDW Spotlight Stock
ASO Academy Sports and Outdoors, Inc. R ($59.05) - Retailing - ASO is a 4 for 5'er that ranks in the top third of the retailing sector matrix. After giving two consecutive sell signals, SPR returned to a buy signal and a positive trend this week when it broke a triple top at $60. Long exposure may be added in the upper $50s to low $60s and we will set our initial stop at $49, which would violate two levels of support on ASO's chart. We will use the bullish price objective, $73, as our target price. ASO carries a 1% yield.
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| 59.00 | X | X | X | O | X | O | X | O | X | 3 | X | O | X | O | X | • | X | • | X | 59.00 | |||||||||
| 58.00 | X | O | X | O | X | O | X | O | X | O | O | O | • | O | 4 | O | X | O | X | 58.00 | |||||||||
| 57.00 | X | O | X | O | 2 | O | X | O | • | O | X | O | X | O | X | Mid | 57.00 | ||||||||||||
| 56.00 | X | X | O | X | O | X | O | • | O | X | O | X | O | X | 56.00 | ||||||||||||||
| 55.00 | • | X | O | X | O | X | O | X | • | O | X | O | O | X | 55.00 | ||||||||||||||
| 54.00 | O | • | X | O | X | O | O | • | O | X | O | • | 54.00 | ||||||||||||||||
| 53.00 | O | • | X | O | 1 | • | O | X | • | 53.00 | |||||||||||||||||||
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| 50.00 | O | X | O | C | O | • | O | • | 50.00 | ||||||||||||||||||||
| 49.00 | O | X | O | X | • | • | 49.00 | ||||||||||||||||||||||
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| 44.00 | O | X | • | Bot | 44.00 | ||||||||||||||||||||||||
| 43.00 | O | X | • | 43.00 | |||||||||||||||||||||||||
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