Today's featured stock is The Hartford Insurance Group Inc (HIG).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CM | Canadian Imperial Bank of Commerce | Banks | $118.27 | 100s | 165 | 90 | 5 for 5'er, top 10% of favored BANK sector matrix, LT pos peer RS, bearish signal reversal, R-R>3.0, 2.9% yield, Earn. 8/27 |
| HEI | Heico Corporation | Aerospace Airline | $354.17 | 330s - 350s | 480 | 284 | 4 for 5'er, top third of AERO sector matrix, LT pos mkt RS, bullish triangle, buy on pullback, good R-R, Earn. 8/25 |
| DLTR | Dollar Tree, Inc. | Retailing | $128.57 | hi 110s - 120s | 186 | 104 | 4 for 5'er, top half RETA sector matrix, spread quad top, buy on pullback R-R>2.5 |
| VSXY | Victoria's Secret & Company | Retailing | $88.24 | 81 - 87 | 109 | 71 | 5 for 5'er, 3rd in Retailing matrix, pos. trend, 2nd buy on 7/20, ATH on 7/21, Earn. 8/26 |
| ZION | Zions Bancorporation | Banks | $69.45 | mid-to-hi 60s | 87 | 55 | 4 for 5'er, top half of favored BANK sector matrix, new RS buy signal, buy on pullback, R-R~2.0, 2.5% yield |
| PM | Philip Morris International Inc. | Food Beverages/Soap | $192.00 | hi 180s - lo 200s | 232 | 160 | 5 TA rating, top 20% of FOOD sector matrix, LT RS buy, yield > 3%, buy-on-pullback |
| FR | First Industrial Realty Trust | Real Estate | $65.98 | mid-to-hi 60s | 86 | 59 | 4 for 5'er, top 25% of REAL sector matrix, LT pos peer RS, spread sextuple top, R-R>2.0, 2.9% yield |
| CB | Chubb Ltd | Insurance | $350.15 | mid 340s - mid 360s | 456 | 308 | 4 for 5'er, pos. trend since 2023, LT Mkt RS buy since May '24, Reward to Risk > 4. |
| BFH | Bread Financial Holdings Inc. | Business Products | $110.62 | 100 - 110 | 129 | 89 | 5 for 5'er, top 20% of favored BUSI sector matrix, LT pos peer & mkt RS |
| FITB | Fifth Third Bancorp | Banks | $56.59 | mid to upper 50s | 84 | 46 | 4 for 5'er since March '24, pos. LT Peer RS since March '09, LT pos. trend since Dec. '23. |
| HIG | Hartford Insurance Group Inc/The | Insurance | $143.05 | hi 130s - 140s | 164 | 126 | 5 for 5'er, LT pos peer & mkt RS, bullish catapult, good R-R, 1.65% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BAP | Credicorp Limited (Peru) | Banks | $402.27 | 380s - 390s | 460 | 332 | Removed for earnings. Raise stop to $348. Earn. 8/13 |
Follow-Up Comments
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NDW Spotlight Stock
HIG Hartford Insurance Group Inc/The R ($142.98) - Insurance - HIG is a 5 for 5'er that ranks near the middle of the insurance sector matrix and has been on peer and market RS buy signals since March 2021. In this week's trading, HIG gave a second consecutive buy signal when it completed a bullish catapult at $144. Long exposure may be added in the upper $130s - $140s and we will set our initial stop at $126, which would take out three levels of support on HIG's chart. We will use the bullish price objective, $164, as our target price. HIG also carries a 1.65% yield.
| 25 | 26 | ||||||||||||||||||||||||||||
| 146.00 | X | 146.00 | |||||||||||||||||||||||||||
| 144.00 | X | X | 144.00 | ||||||||||||||||||||||||||
| 142.00 | X | O | X | X | 142.00 | ||||||||||||||||||||||||
| 140.00 | X | X | O | X | X | X | O | X | 140.00 | ||||||||||||||||||||
| 138.00 | X | X | O | X | 3 | 4 | O | X | O | X | O | X | 138.00 | ||||||||||||||||
| 136.00 | X | O | X | O | 2 | O | X | O | 7 | O | X | O | 136.00 | ||||||||||||||||
| 134.00 | X | X | O | X | 1 | X | O | X | O | X | O | X | 134.00 | ||||||||||||||||
| 132.00 | X | X | O | X | C | X | O | X | O | 5 | X | O | Mid | 132.00 | |||||||||||||||
| 130.00 | X | O | X | O | X | O | O | X | O | X | 130.00 | ||||||||||||||||||
| 128.00 | X | O | 8 | A | B | O | O | X | 128.00 | ||||||||||||||||||||
| 126.00 | X | 6 | X | O | X | 6 | 126.00 | ||||||||||||||||||||||
| 124.00 | X | X | 5 | O | X | O | X | 124.00 | |||||||||||||||||||||
| 122.00 | X | O | X | O | X | 7 | X | O | 122.00 | ||||||||||||||||||||
| 120.00 | O | X | O | 3 | O | X | X | O | 120.00 | ||||||||||||||||||||
| 118.00 | O | X | C | X | 4 | X | O | X | 118.00 | ||||||||||||||||||||
| 116.00 | O | X | O | X | O | X | O | X | Bot | 116.00 | |||||||||||||||||||
| 114.00 | O | X | O | X | X | O | X | O | 114.00 | ||||||||||||||||||||
| 112.00 | O | X | O | X | O | 2 | O | X | 112.00 | ||||||||||||||||||||
| 110.00 | B | O | X | O | X | O | X | 110.00 | |||||||||||||||||||||
| 108.00 | O | X | O | X | O | 108.00 | |||||||||||||||||||||||
| 106.00 | 1 | O | • | 106.00 | |||||||||||||||||||||||||
| 25 | 26 |
