Today's featured stock is Teekay Tankers, Ltd. (TNK).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| AME | Ametek Inc | Electronics | $251.93 | mid 230s - mid 250s | 342 | 204 | 4 for 5'er, LT pos mkt RS, bullish catapult, buy on pullback, R-R>2.0, Earn. 10/29 |
| WELL | Welltower Inc. | Real Estate | $227.71 | 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, Earn. 10/26 |
| CENTA | Central Garden & Pet Company | Household Goods | $34.30 | mid-to-hi 30s | 48 | 31 | 4 for 5'er, favored HOUS sector, LT pos peer RS, spread quad top, buy on pullback |
| CLH | Clean Harbors Inc | Waste Management | $318.51 | 310s - 320s | 356 | 288 | 5 for 5'er, #3 of 22 in WAST sector matrix, LT pos peer & mkt RS |
| ASC | Ardmore Shipping Corporation | Transports/Non Air | $19.30 | 17 - 19 | 24 | 15.50 | 5 for 5'er, top 20% of favored TRAN sector matrix, triple top, good R-R, 7.5% yield |
| MTCH | Match Group, Inc. | Leisure | $40.31 | low-to-mid 40s | 55 | 36 | 4 for 5'er, top 20% of LEIS sector matrix, one box from RS buy, triple top, 1.8% yield |
| FTNT | Fortinet Inc. | Software | $180.95 | hi 160s - hi 170s | 226 | 142 | 5 for 5'er, top third of favored SOFT sector matrix, LT pos mkt RS, spread quad top, Earn. 10/28 |
| CSTL | Castle Biosciences, Inc. | Biomedics/Genetics | $35.60 | 32 - 35 | 63.50 | 28 | 4 for 5'er, top 10% of favored BIOM sector matrix, multiple buy signals, pos trend flip, R-R~4.0, Earn. 11/2 |
| GH | Guardant Health, Inc. | Biomedics/Genetics | $177.85 | low 170s to mid 180s | 236 | 140 | 5 for 5'er since May '26, top quintile of Biomedics matrix, pos. trend, ATH on 9/17, Earn. 10/28 |
| ANET | Arista Networks Inc | Telephone | $207.35 | 190s - mid 210s | 262 | 178 | 5 for 5'er, top quintile of Telephone matrix, pos. trend, matched ATH on 9/25. |
| ABBV | AbbVie Inc. | Drugs | $262.82 | 250s - 260s | 302 | 216 | 5 for 5'er, top third of favored DRUG sector matrix, LT pos peer & mkt RS, triple top, 2.6% yield, Earn. 10/30 |
| ACT | Enact Holdings Inc | Finance | $45.26 | low-to-mid 40s | 69 | 37 | 5 for 5'er, top 25% of FINA sector matrix, LT pos trend & mkt RS, triple top, heavily oversold |
| LPG | Dorian LPG Limited | Oil Service | $57.21 | 53 - 59 | 69 | 47 | 5 for 5'er since July, top quintile of Oil Svcs. matrix, pos. trend, consolidating below high at $59. |
| TNK | Teekay Tankers, Ltd. | Transports/Non Air | $103.10 | hi 90s - low 100s | 133 | 83 | 5 for 5'er, top 10% of TRAN sector matrix, multiple buy signals, 1% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ADBE | Adobe Systems Incorporated | Software | $237.69 | (230s - 240s) | 192 | 268 | 2 for 5'er, bottom 25% of SOFT sector matrix, LT neg mkt & peer RS, spread triple bottom |
Follow-Up Comments
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NDW Spotlight Stock
TNK Teekay Tankers, Ltd. R ($102.59) - Transports/Non Air - TNK is a 5 for 5'er that ranks in the top decile of the transports/non air sector matrix. On its default chart, the stock has completed four consecutive buy signals, most recently breaking a double top at $102 last week. Long exposure may be added in the upper $90s to low $100s and we will set our initial stop at $83, which would violate TNK's bullish support line. We will use the bullish price objective, $133, as our target price. TNK also carries a 1% yield.
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