Today's featured stock is Garmin Ltd. (GRMN)
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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| COST | Costco Wholesale Corporation | Retailing | $998.67 | 944-1050s | 1296 | 832 | 4 TA rating, top 33% of retail sector matrix, LT mkt RS buy, LT pos trend, consec buy signals, Earn. 5/28 |
| ASO | Academy Sports and Outdoors, Inc. | Retailing | $53.38 | 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 | $196.29 | 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 | $156.07 | 150s - 160s | 186 | 136 | 5 for 5'er. top third of RETA sector matrix, LR pos peer & mkt RS, triple top, Earn. 5/20 |
| FDX | FedEx Corporation | Aerospace Airline | $388.59 | mid 370s - lo 410s | 464 | 340 | 4 TA rating, top 20% of AERO sector RS matrix, LT RS buy, pos trend |
| IBKR | Interactive Brokers Group, Inc. | Wall Street | $77.05 | 70s | 100 | 73 | 5 for 5'er, top 20% of WALL sector matrix, LT pos peer & mkt RS, buy on pullback |
| BPOP | Popular, Inc. | Banks | $147.66 | hi 130s - low 150s | 200 | 120 | 5 for 5'er, 18 of 174 in favored BANK sector matrix, LT pos peer & mkt RS, triple top, good R-R, 2% yield |
| HAS | Hasbro, Inc. | Leisure | $94.02 | lo-hi 90s | 122 | 79 | 5 TA rating, top 33% of LEIS sector matrix, LT pos trend, pos wkly mom, Earn. 5/20 |
| SNA | Snap-on Incorporated | Machinery and Tools | $378.46 | 370s - 380s | 444 | 320 | 4 for 5'er, top half of favored MACH sector matrix, LT pos peer & mkt RS, buy on pullback, 2.5% yield |
| GRMN | Garmin Ltd. | Leisure | $253.08 | mid 230s - mid 260s | 364 | 196 | 5 TA rating, LT pos trend and mkt RS buy, top 33% of LEIS sector matrix, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CPRT | Copart Incorporated | Autos and Parts | $33.33 | hi 30s | 28 | 42 | 1 TA rating, bottom 50% of AUTO sector matrix, NT and mkt RS sell last month, consec sell signals,Earn. 5/21 |
| DT | Dynatrace, Inc. | Software | $36.40 | mid-30s | 23 | 41 | 0 TA rating, bottom half of software sector matrix, LT neg trend, favorable reward-risk, Earn. 5/13 |
Follow-Up Comments
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NDW Spotlight Stock
GRMN Garmin Ltd. ($251.76) R - Leisure - GRMN has a 5 for 5 TA rating and sits in the top third of the leisure sector RS matrix. The stock has maintained a positive trend since 2023 and been on an RS buy signal against the market since 2019. We saw GRMN reach a new all-time high in mid-April before consolidating back to the current position just above the mid-point on its trading band. This offers a more opportune entry point for potential long investors. Exposure may be considered from the mid-$230s to the mid-$260s. Our initial stop will be positioned at $196, which would violate multiple support levels. The bullish price objective of $364 will serve as our upside target.
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