Saturday, October 6, 2012

Transdigm Group - TDG - Barchart Chart of the Day


Barchart.coms Chart of the Day - Transdigm Group (TDG)
The "Chart of the Day" is Transdigm Group (TDG), which showed up on Thursday's Barchart "All-Time High" and "Gap Up" lists. Transdigm on Thursday posted a new all-time high of $149.27 and closed +2.50%. TrendSpotter has been long since Aug 16 at $132.33. Transdigm was last featured on "Chart of the Day" as of the Jan 31, 2012 close at $104.53. In recent news on the stock, RBC Capital on Sep 25 reiterated its Outperform rating on Transdigm, raised its target to $170 from $146, and said that future acquisitions by the company could propel the stock to $200 by 2015. Transdigm Group, with a market cap of $7.3 billion, is a leading global supplier of highly engineered components for use on nearly all commercial and military aircraft in service today.

tdg_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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