Today's featured stock is Cintas Corp. (CTAS).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| A | Agilent Technologies, Inc | Healthcare | $180.17 | 170s - 180s | 196 | 154 | 4 for 5'er, top quartile of Healthcare matrix, Pos. LT Peer RS, One Box from Mkt. RS Buy, Earn. 11/23 |
| URI | United Rentals, Inc. | Machinery and Tools | $1128.17 | 1040s - 1100s | 1312 | 896 | 5 for 5'er, top 20% of MACH sector matrix LT pos peer & mkt RS, spread triple top, buy on pullback |
| XOM | ExxonMobil Holdings Corp. | Oil | $164.73 | hi150s - hi 160s | 206 | 134 | 5 for 5'er, top 25% of OIL sector matrix, LT pos peer RS, buy on pullback, 2.5% yield |
| BCO | The Brink's Company | Protection Safety Equipment | $114.57 | 100s - low 110s | 147 | 91 | 4 for 5'er, top third of favored PROT sector matrix, LT pos peer RS |
| CTAS | Cintas Corporation | Textiles/Apparel | $223.16 | mid-210s to hi 220s | 290 | 184 | 4 for 5'er, top quartile of Textile matrix, LT Mkt. RS Buy since Mar. '15, ATH on 11/5. |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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Follow-Up Comments
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NDW Spotlight Stock
CTAS Cintas Corporation R ($224.83) - Textiles/Apparel - CTAS has been a 4 for 5’er since seeing its peer relative strength chart reverse back into Xs in the back half of August this year. Along with positive near-term RS against its peers, CTAS ranks within the top quartile of the Textiles/Apparel sector matrix and has maintained a market RS buy signal since March of 2015. The stock returned to a positive trend in July of this year on the trend chart, and October’s trading brought the chart back to a buy signal at $204. November’s trading has brought a second buy signal at $228 as shares have rallied to a new all-time chart high at $232. Okay to consider in the mid-$210 to upper $220 range. The bullish price objective of $290 will serve as the price target, and the initial stop loss will be set for $184.
| 232.00 | X | Top | 232.00 | ||||||||||||||||||||||||||
| 228.00 | X | 228.00 | |||||||||||||||||||||||||||
| 224.00 | X | B | 224.00 | ||||||||||||||||||||||||||
| 220.00 | X | O | X | 220.00 | |||||||||||||||||||||||||
| 216.00 | X | X | O | X | 216.00 | ||||||||||||||||||||||||
| 212.00 | • | X | O | X | O | 212.00 | |||||||||||||||||||||||
| 208.00 | X | • | X | X | O | X | 208.00 | ||||||||||||||||||||||
| 204.00 | 3 | O | • | X | O | X | O | X | Mid | 204.00 | |||||||||||||||||||
| 200.00 | X | O | X | • | X | O | X | 8 | X | X | 200.00 | ||||||||||||||||||
| 198.00 | O | X | O | X | O | • | X | O | X | O | X | O | X | 198.00 | |||||||||||||||
| 196.00 | O | X | O | X | O | • | X | O | 9 | X | O | X | 196.00 | ||||||||||||||||
| 194.00 | O | O | X | O | • | X | O | X | A | X | 194.00 | ||||||||||||||||||
| 192.00 | O | • | O | • | X | O | O | 192.00 | |||||||||||||||||||||
| 190.00 | • | • | O | • | X | 190.00 | |||||||||||||||||||||||
| 188.00 | • | O | • | X | 188.00 | ||||||||||||||||||||||||
| 186.00 | O | • | • | X | 186.00 | ||||||||||||||||||||||||
| 184.00 | O | X | • | • | X | • | X | • | 184.00 | ||||||||||||||||||||
| 182.00 | O | X | O | X | • | X | O | X | • | 182.00 | |||||||||||||||||||
| 180.00 | O | X | O | X | X | O | X | O | X | • | 180.00 | ||||||||||||||||||
| 178.00 | O | O | X | O | X | O | X | O | X | • | Bot | 178.00 | |||||||||||||||||
| 176.00 | O | X | O | X | 6 | O | X | O | X | • | 176.00 | ||||||||||||||||||
| 174.00 | O | X | O | X | O | X | O | O | 7 | • | 174.00 | ||||||||||||||||||
| 172.00 | O | 4 | O | X | X | O | X | O | X | • | 172.00 | ||||||||||||||||||
| 170.00 | O | X | 5 | X | O | X | O | • | O | X | • | 170.00 | |||||||||||||||||
| 168.00 | O | X | O | X | O | X | • | O | • | 168.00 | |||||||||||||||||||
| 166.00 | O | O | O | X | • | • | 166.00 | ||||||||||||||||||||||
| 164.00 | O | X | • | 164.00 | |||||||||||||||||||||||||
| 162.00 | O | • | 162.00 |
