Today's featured stock is Cardinal Health, Inc. (CAH).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ZION | Zions Bancorporation | Banks | $67.90 | 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 |
| FR | First Industrial Realty Trust | Real Estate | $62.62 | 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 | $342.87 | 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. |
| FITB | Fifth Third Bancorp | Banks | $54.50 | 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 | $137.12 | hi 130s - 140s | 164 | 126 | 5 for 5'er, LT pos peer & mkt RS, bullish catapult, good R-R, 1.65% yield |
| BNY | Bank of New York Mellon Corporation | Banks | $157.24 | low 150s to 160 | 192 | 130 | 5 for 5'er since Sept. '24, top 10% of Banks matrix, LT peer and mkt RS, Pos. trend since Nov. '23. |
| GD | General Dynamics Corporation | Aerospace Airline | $386.07 | 380s - low 390s | 424 | 340 | 4 for 5'er, Pos. ST Peer RS, Pos. LT & ST Mkt RS, Pos. trend and buy signal since June, ATH 7/29. |
| TXRH | Texas Roadhouse, Inc. | Restaurants | $201.20 | 190s - 200s | 262 | 172 | 5 for 5'er, top half of favored REST sector matrix, LT pos peer & mkt RS, good R-R, 1.4% yield |
| GHRS | GH Research Plc | Biomedics/Genetics | $28.68 | 28 - 33 | 46.50 | 24 | 5 for 5'er, LT Mkt. since Feb. '25, top quintile of Bio. matrix, matched chart high on 8/7. |
| GSL | Global Ship Lease Inc. | Transports/Non Air | $43.38 | low 40s | 55 | 35 | 4 for 5'er, favored TRAN sector, LT pos mkt RS, R-R~2.0, 6% yield |
| SXT | Sensient Technologies Corporation | Chemicals | $132.58 | 124 - 132 | 176 | 106 | 4 for 5'er, Pos. LT Peer RS, Top 5 of Chemicals matrix, Pos. Trend since 4/26, ATH on 8/6. |
| BWA | BorgWarner Inc. | Autos and Parts | $64.80 | hi 60s - low 70s | 89 | 57 | 4 for 5'er, top 20% of AUTO sector matrix, triple top, good R-R |
| MLI | Mueller Industries Inc | Metals Non Ferrous | $61.96 | low-to-mid 60s | 104 | 53 | 5 for 5'er, top third of META sector matrix, LT pos peer & mkt RS, spread triple top, buy on pullback, R-R~3.0 |
| AAMI | Acadian Asset Management Inc. | Wall Street | $90.85 | low to mid 90s | 122 | 78 | 5 for 5'er since June '25, 2nd in Wall Street matrix, Pos. trend since July '24, ATH on 8/5. |
| CAH | Cardinal Health, Inc. | Drugs | $228.46 | 224 - mid 240s | 334 | 188 | 4/5 TA rating, top 50% of DRUG sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BFH | Bread Financial Holdings Inc. | Business Products | $103.18 | 91 | Moved to a sell signal. We will raise our stop to $91, which would move the stock to a negative trend. |
Follow-Up Comments
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NDW Spotlight Stock
CAH Cardinal Health, Inc. ($228.98) R - Drugs - CAH has a 4 for 5 TA rating and sits in the top half of the drugs sector RS matrix. The stock has maintained an RS buy signal against the market since mid-2023 and has been in a positive trend since last October. We saw the recent price action lead CAH to two consecutive buy signals and a new all-time high before the share price consolidated back to the current chart position just below the middle of its trading band. Exposure may be considered on this pullback from $224 to the mid-$240s. Our initial stop will be positioned at $188, which would violate multiple support levels and move the stock to a negative trend. The bullish price objective of $334 will serve as our price target, offering a reward-to-risk north of 2-to-1.
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