Today's featured stock is Central Garden & Pet Company (CENTA).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ZION | Zions Bancorporation | Banks | $67.91 | 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 | $62.39 | 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 |
| FITB | Fifth Third Bancorp | Banks | $54.85 | 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 | $137.80 | 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 | $162.24 | 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 | $380.06 | 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 | $200.12 | 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 | $28.66 | 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 | $44.99 | 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 | $133.64 | 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. |
| MLI | Mueller Industries Inc | Metals Non Ferrous | $64.18 | 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 |
| CAH | Cardinal Health, Inc. | Drugs | $235.13 | 224 - mid 240s | 334 | 188 | 4/5 TA rating, top 50% of DRUG sector matrix, LT RS buy, consec buy signals, buy-on-pullback |
| AME | Ametek Inc | Electronics | $243.67 | mid 230s - mid 250s | 342 | 204 | 4 for 5'er, LT pos mkt RS, bullish catapult, buy on pullback, R-R>2.0 |
| WAB | Wabtec Inc. | Transports/Non Air | $297.28 | hi 280s to hi 300s | 344 | 248 | 5 for 5'er since Apr. '25, Top quintile of Trans. matrix, Pos. trend since June '23. |
| CART | Maplebear Inc. | Retailing | $50.48 | hi 40s - low 50s | 68 | 42 | 4 for 5'er, top 25% of RETA sector matrix, peer RS buy, one box from mkt RS buy, bullish catapult, R-R>2.0 |
| WELL | Welltower Inc. | Real Estate | $239.60 | low 230s to low 250s | 366 | 194 | 5 for 5'er since Feb. '24, top quintile of Real Est. matrix, Pos. trend since Feb. '24, buy on pullback. |
| CENTA | Central Garden & Pet Company | Household Goods | $37.74 | mid-to-hi 30s | 48 | 31 | 4 for 5'er, favored HOUS sector, LT pos peer RS, spread quad top, 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 |
|---|---|---|---|---|---|---|---|
| AAMI | Acadian Asset Management Inc. | Wall Street | $97.31 | low to mid 90s | 122 | 78 | AAMI has moved into heavily overbought territory. OK to hold here. Maintain $78 stop. |
Follow-Up Comments
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NDW Spotlight Stock
CENTA Central Garden & Pet Company R ($37.88) - Household Goods - CENTA is a 4 for 5'er and member of the favored household goods sector that has been on a peer RS buy signal since 2022. On its default chart, the stock has completed three consecutive buy signals, most recently completing a spread quadruple top at $38, which took out resistance that had been in place since late 2024. The stock has subsequently pulled back to that resistance, offering an entry for long exposure. Positions may be added in the mid-to-upper $30s and we will set our initial stop at $31, which would take out two levels of support on CENTA's default chart. We will use the bullish price objective, $48, as our target price.'
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| 41.00 | X | • | 41.00 | ||||||||||||||||||||||||||
| 40.00 | X | O | • | 8 | 40.00 | ||||||||||||||||||||||||
| 39.00 | X | X | O | • | X | O | 39.00 | ||||||||||||||||||||||
| 38.00 | X | O | X | O | • | • | • | X | O | Mid | 38.00 | ||||||||||||||||||
| 37.00 | X | O | 5 | O | • | X | • | X | • | X | 6 | O | 37.00 | ||||||||||||||||
| 36.00 | 2 | O | X | 6 | C | O | • | X | O | • | X | O | X | 36.00 | |||||||||||||||
| 35.00 | X | 4 | X | O | X | X | X | O | X | • | X | O | • | X | X | X | O | X | • | 35.00 | |||||||||
| 34.00 | X | O | O | X | O | X | O | X | O | X | O | X | 8 | 9 | • | X | O | X | O | X | O | • | 34.00 | ||||||
| 33.00 | O | X | O | X | O | X | O | 2 | O | 7 | O | X | O | • | X | O | X | O | X | • | 33.00 | ||||||||
| 32.00 | • | 7 | 8 | X | 9 | B | 1 | X | O | X | O | X | O | X | 2 | 3 | X | 5 | • | Bot | 32.00 | ||||||||
| 31.00 | • | O | O | X | O | X | O | X | O | O | X | O | X | 4 | • | 31.00 | |||||||||||||
| 30.00 | • | A | X | O | • | 4 | X | • | O | B | O | X | • | 30.00 | |||||||||||||||
| 29.00 | O | X | • | O | X | • | A | X | C | • | 29.00 | ||||||||||||||||||
| 28.00 | O | • | 5 | • | O | X | • | 28.00 | |||||||||||||||||||||
| 27.00 | • | • | O | X | • | 27.00 | |||||||||||||||||||||||
| 26.00 | O | • | 26.00 | ||||||||||||||||||||||||||
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