Today's featured stock is The TJX Companies, Inc. (TJX).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ADI | Analog Devices, Inc. | Semiconductors | $375.27 | 310s - 330s | 380 | 268 | 4 for 5'er, top half of favored SEMI sector matrix, LT pos market RS, return to buy signal, Earn. 5/21 |
| COST | Costco Wholesale Corporation | Retailing | $1005.81 | 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 | $75.88 | 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 | $341.69 | 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 | $300.91 | 270s - 280s | 356 | 232 | 5 for 5'er, top third of WALL sector matrix, LT pos peer RS, spread triple top, Earn. 5/7 |
| SPG | Simon Property Group, Inc. | Real Estate | $204.76 | 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 | $587.30 | 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 | $58.08 | hi 50s- low 60s | 73 | 49 | 4 for 5'er, top third of RETA sector matrix, triple top, pos trend flip |
| DRI | Darden Restaurants, Inc. | Restaurants | $196.95 | 190s - low 200s | 226 | 168 | 4 for 5'er, LT pos peer & mkt RS, pos trend flip, triple top, 3% yield |
| TJX | The TJX Companies, Inc. | Retailing | $159.25 | 150s - 160s | 186 | 136 | 5 for 5'er. top third of RETA sector matrix, LR pos peer & mkt RS, triple top, Earn. 5/20 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.74 | hi 30s | 28 | 42 | 1 TA rating, bottom 50% of AUTO sector matrix, NT and mkt RS sell last month, consec sell signals |
| DT | Dynatrace, Inc. | Software | $35.72 | mid-30s | 23 | 41 | 0 TA rating, bottom half of software sector matrix, LT neg trend, favorable reward-risk, Earn. 5/13 |
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| INVA | Innoviva, Inc | Drugs | $23.61 | lo-mid 20s | 32.50 | 18.50 | Removed for earnings. Earn. 5/6 |
| CSCO | Cisco Systems, Inc. | Computers | $89.70 | Upper 70s to lower 80s | 96 | 70 | CSCO has moved into heavily overbought territory. OK to hold here. Raise stop to $76. Earn. 5/13 |
| NI | Nisource, Inc. | Gas Utilities | $46.93 | mid-hi 40s | 78 | 38 | Removed for earnings. Earn. 5/6 |
| ATI | ATI Inc. | Aerospace Airline | $158.95 | 150s - mid 160s | 192 | 134 | ATI has fallen to a sell signal. OK to hold here. Maintain $134 stop. Earn. 4/30 |
| DRS | Leonardo DRS, Inc. | Aerospace Airline | $43.22 | mid-hi 40s | 66 | 37 | DRS has fallen to a sell signal. OK to hold here. Maintain $37 stop. Earn. 5/5 |
Follow-Up Comments
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NDW Spotlight Stock
TJX The TJX Companies, Inc. R ($158.60) - Retailing - TJX is a 5 for 5'er that ranks 25th of 92 names in the retailing sector matrix and has been on a market RS buy signal since 2023 and peer RS buy signals since 2012. Earlier this month, TJX completed a shakeout pattern when it broke a triple top at $164, notching a new all-time high. The stock has subsequently pulled back to its prior consolidation range, offering an entry point for long exposure. Positions may be added in the mid $150s to mid $160s and we will set our initial stop at $136, which would violate TJX's trend line. We will use the bullish price objective, $186, as our target price. TJX also carries a 1.2% yield and is expected to report earnings on 5/20.
| 25 | 26 | ||||||||||||||||||||||||||||
| 164.00 | X | 164.00 | |||||||||||||||||||||||||||
| 162.00 | X | X | 4 | O | 162.00 | ||||||||||||||||||||||||
| 160.00 | X | O | X | O | X | O | 160.00 | ||||||||||||||||||||||
| 158.00 | 1 | X | O | X | O | X | O | Mid | 158.00 | ||||||||||||||||||||
| 156.00 | C | O | X | 3 | O | X | 156.00 | ||||||||||||||||||||||
| 154.00 | X | O | X | O | 154.00 | ||||||||||||||||||||||||
| 152.00 | X | O | 2 | 152.00 | |||||||||||||||||||||||||
| 150.00 | X | O | X | 150.00 | |||||||||||||||||||||||||
| 148.00 | X | O | X | 148.00 | |||||||||||||||||||||||||
| 146.00 | A | B | O | 146.00 | |||||||||||||||||||||||||
| 144.00 | X | X | O | X | 144.00 | ||||||||||||||||||||||||
| 142.00 | X | O | 9 | O | X | 142.00 | |||||||||||||||||||||||
| 140.00 | X | O | X | O | Bot | 140.00 | |||||||||||||||||||||||
| 138.00 | X | O | X | • | 138.00 | ||||||||||||||||||||||||
| 136.00 | X | O | • | 136.00 | |||||||||||||||||||||||||
| 134.00 | X | X | • | 134.00 | |||||||||||||||||||||||||
| 132.00 | X | O | X | • | 132.00 | ||||||||||||||||||||||||
| 130.00 | X | 5 | O | X | • | 130.00 | |||||||||||||||||||||||
| 128.00 | X | X | X | O | X | O | 8 | • | 128.00 | ||||||||||||||||||||
| 126.00 | X | O | X | X | O | X | O | X | O | 7 | X | • | 126.00 | ||||||||||||||||
| 124.00 | X | O | X | O | 4 | O | X | O | 6 | X | O | X | • | 124.00 | |||||||||||||||
| 122.00 | X | C | X | O | X | O | X | O | X | O | X | • | 122.00 | ||||||||||||||||
| 120.00 | X | 1 | X | 3 | X | O | X | O | O | • | 120.00 | ||||||||||||||||||
| 118.00 | X | X | O | O | X | O | • | 118.00 | |||||||||||||||||||||
| 116.00 | X | O | X | O | X | • | 116.00 | ||||||||||||||||||||||
| 114.00 | X | O | X | O | • | 114.00 | |||||||||||||||||||||||
| 112.00 | B | • | 112.00 | ||||||||||||||||||||||||||
| 25 | 26 |
