Tuesday, April 18, 2017

Sanderson Farms - Chart of the Day

Sanderson Farms (SAFM) is the Barchart Chart of the Day.  The poultry products company has a Trend Spotter buy signal, a Weighted Alpha of 29.51+ and gained 19.24% in the last year.

The Chart of the Day belongs to Sanderson Farms (SAFM).  I found the poultry products stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 3/22 the stock gained 10.20%.

Sanderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.


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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 1410% in the last month
  • Relative Strength Index 77.50%
  • Technical support level at 107.45
  • Recently traded at 108.18 with a 50 day moving average of 97.43
Fundamental factors:
  • Market Cap $ 2.47 billion
  • P/E 12.06
  • Dividend yield .89%
  • Revenue expected to grow 11.00% this year and another 6.00% next year
  • Earnings estimated to increase 1.90% this year and continue to compound at an annual rate of 9.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 1 hold and 1 sell recommendation on the stock

Thursday, April 13, 2017

Transportadora De Gas Del Sur - Chart of the Day

Transportadora De Gas Del Sur (TGS) is the Barchart Chart of the Day.  The Argentine pipeline company has a Trend Spotter buy signal, a Weighted Alpha of 195.57+ and gained 144.96% in the last year.

The Chart of the Day belongs to Transportadora De Gas Del Sur (TGS).  I found the Argentine pipeline stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/25 the stock gained 108.30%.

ransportadora de Gas del Sur, S.A. transports natural gas in Argentina. The Company's pipeline systems connect major gas fields in southern and western Argentina with distributors of gas in those areas and in the greater Buenos Aires area. Transportadora's service area contains approximately 4.7 million end users, including approximately 2.7 milliom in the greater Buenos Aires area.


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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 22.21% in the last month
  • Relative Strength Index 81.40%
  • Technical support level at 16.02
  • Recently traded at 16.26 with a 50 day moving average of 12.99
Fundamental factors:
  • Market Cap $2.62 billion
  • P/E 40.60
  • Revenue expected to grow 10.00% this year and another 25.60% next year
  • Earnings estimated to increase 127.30% this year and an additional 100.00% next year
  • The Wall Street analyst following the stock issued a buy recommendation

CRH Medical - Chart of the Day

CRH Medical (CRHM) is the Barchart Chart of the Day.    The medical products company has a Trend Spotter buy signal, a Weighted Alpha of 198.44+ and gained 168.71% in the last year.

The Chart of the Day belongs to CRH Medical (CRHM).  I found the medical products company by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 1/4 the stock gained 54.83%

CRH Medical Corporation offers products and services to physicians for the treatment of gastrointestinal diseases primarily in the United States. The company provides the CRH O'Regan System, a single use, disposable and hemorrhoid banding technology for treating hemorrhoid grades I - IV. It distributes the CRH O'Regan System, treatment protocols, operational and marketing expertise as a complete, turnkey package directly to physicians. The company utilizes Web-based platform to connect doctors with patients as well as educating its install base of physicians. It also offers anesthesia services. CRH Medical Corporation is headquartered in Vancouver, Canada.


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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 12.19% in the last month
  • Relative Strength Index 72.14%
  • Technical support level at 8.97
  • Recently traded at 8.95 with a 50 day moving average of 7.61
Fundamental factors:
  • Market Cap $658 million
  • P/E 60.33
  • Earnings estimated to increase 42.86% this year
  • Wall Street analysts issued 3 strong buy and 1 buy recommendation on the stock

Wednesday, April 12, 2017

Relx NV - Chart of the day

Relx NV (RENX) is the Barchart Chart of the Day.  The information solutions company has a Trend Spotter buy signal, a Weighted Alpha of 11.28+ and gained 6.94% in the last year.

The Chart of the Day belongs to Relx NV (RENX).  I found the information solutions stock by using Barchart to sort today's All Time High list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 1/31 the stock gained 11.52%.

RELX NV provides professional information solutions primarily in North America and Europe. The company's operating segments consists of Scientific, Technical & Medical; Risk & Business Information; Legal, and Exhibitions. Scientific, Technical & Medical segment provides information and tools to help customers improve scientific and healthcare outcomes. Risk & Business Information segment provides data and analytics which enable customers to evaluate and manage risk. Legal segment provides legal, regulatory, news, business information and analysis to legal, corporate, Government and academic customers. Exhibitions segment, through the subsidiary Reed Exhibitions, organizes market events relevant to industry needs. RELX NV, formerly known as Reed Elsevier NV, is based in Amsterdam, the Netherlands.


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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 5.86% in the last month
  • Relative Strength Index 77.81%
  • Technical support level at 18.65
  • Recently traded at 18.84 with a 50 day moving average of 17.89
Fundamental factors:
  • Market Cap $17.99 billion
  • Dividend yield 2.08%
  • Earnings estimated to compound at an annual rate of 5.50% for the next 5 years
  • The analysts following the stock rates it a strong buy


Tuesday, April 11, 2017

Ballard Power Systems - Chart of the Day


Ballard Power Systems (BLDP) is the Barchart Chart of the Day.  The fuel cell company has a Trend Spotter buy signal, a Weighted Alpha of 104.74 and gained 110.45% in the last year.


The Chart of the Day belongs to Ballard Power Systems (BLDP).  I found the fuel cell stock by using Barchart to sort the Top Stocks to Own list first for the highest technical buy signals, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/17 the stock gained 47.64%.


Ballard Power Systems focuses on developing and bringing to market PEM fuel cell systems for transportation, stationary, and portable applications. Ballard now offers key subsystems and components that are based on technology developed in support of Ballard fuel cell products. Their focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships.


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.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 37.56% in the last month
  • Relative Strength Index 80.74%
  • Technical support level at 2.62
  • Recently traded at 2.83 with a 50 day moving average of 2.13
Fundamental factors:
  • Market Cap $483 million
  • Revenue expected to grow 27.50% this year and another 21.90% next year
  • Earnings estimated to increase 61.50% this year and an additional 60.00% next year
  • Wall Street analysts issued 3 strong buy and 1 hold recommendation on the stock

Monday, April 10, 2017

Coastway Bancorp - Chart of the Day

Coastway Bancorp (CWAY) is the Barchart Chart of the Day.  The northeastern bank has a Trend Spotter by signal, a Weighted Alpha of 46.70+ and gained 41.49% in the last year.

The Chart of the Day belongs to Coastway Bancorp (CWAY).  I found the northeastern back stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last moth, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 2/23 the stock gained 5.33%.

Coastway Bancorp, Inc. is a chartered savings bank holding company of Coastway Community Bank. The company offers banking services which include personal banking, business banking and mortgage lending. Its services consist of checking accounts, savings accounts, loans, online services, mortgage products and reverse mortgage. Coastway Bancorp, Inc. is headquartered in Cranston, Rhode Island.

The Chart today is a little different.  Today I included not only the Trend Spotter but the 20, 50 and 100 day moving averages to give you a little better perspective of the stock's 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.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 3.49% in the last month
  • Relative Strength index 72.18%
  • Technical support level at 17.67
  • Recently traded at 17.80 with a 50 day moving average of 17.14
Fundamental factors:
  • Market Cap $77.84 million
  • At the present time no Wall Street firms or following this stock
  • Value Line rates the stock #1 for Performance based on a quantitative analysis of past price, revenue and earnings

Friday, April 7, 2017

iRobot - Chart of the Day

iRobot (IRBT) is the Barchart Chart of the Day.  The industrial robot company has a Trend Spotter buy signal, a Weighted Alpha of 90.67+ and gained 92.33% in the last year.

The Chart of the Day belongs to iRobot (IRBT).  I found the industrial robot stock by using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals  of 80% or more.  Since the Trend Spotter signaled a buy in 3/22 the stock gained 10.33%.

iRobot Corp. designs robots that perform dull, dirty or dangerous missions in a better way. The company's proprietary technology, iRobot AWARE, Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots.

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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 18.83% in the last month
  • Relative Strength Index 72.99%
  • Technical support level at 65.61
  • Recently traded at 66.45 with a 50 day moving average of 59.72
Fundamental factors:
  • Market Cap $1.79 billion
  • P/E 44.23
  • Revenue expected to grow 17.80% this year and another 16.70% next year
  • Earning s estimated to increase 4.10% this year, an additional 59.70% next year and continue to compound at an annual rate of 18.00% for the next 5 years.
  • Wall Street analysts issued 1 buy, 3 hold and 1 sell recommendation on the stock


Thursday, April 6, 2017

ILG - Chart of the Day

ILG Inc (ILG) is the Barchart Chart of the Day.  The hospitality company has a Trend Spotter buy signal, a Weighted Alpha of 55.87+, gained 56.55% in the last year and paid a 2.93% dividend.

The Chart of the Day belongs to ILG Inc (ILG).   I found the hospital stock by using Barchart to sort today's Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 3/20 the stock gained 8.39%.


ILG, Inc. offers owners, members and guests benefits and services, as well as destinations through its portfolio of resorts and clubs. The company's operating businesses include Aqua-Aston Hospitality, Hyatt Vacation Ownership, Interval International, Trading Places International, Vacation Resorts International, VRI Europe and Vistana Signature Experiences. ILG, Inc., formerly known as Interval Leisure Group Inc., is headquartered in Miami, Florida.


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.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 13.34% in the last month
  • Relative Strength Index 71.12%
  • Technical support level at 20.56
  • Recently traded at 20.87 with a 50 day moving average of 19.19
Fundamental factors:
  • Market Cap $2.60 billion
  • P/E 12.50
  • Dividend yield 2.93%
  • Revenue projected to grow 29.80% this year and another 4.50% next year
  • Earnings estimated to increase 11.40% next year and continue to compound at an annual rate of 15.00% for the next 5 years
  • Wall Street analysts issued 5 strong buy recommendations on the stock

MORNING CALL 4/6

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Jun E-mini S&Ps (ESM17 +0.11%) this morning are up +0.13% as they recovered from a 1-week low in overnight trade. Concern by FOMC members over high stock prices led to a sell-off Wednesday afternoon that extended into overnight trading after the Mar 14-15 FOMC meeting minutes said, "some participants viewed equity prices as quite high relative to standard valuation measures." Stocks recovered, though, on short-covering ahead of a 2-day meeting that begins today between President Trump and Chinese President Xi Jinping in Florida. European stocks are up +0.10% after comments from ECB President Draghi signaled the ECB will continue with its QE program when he said that "a reassessment of the current monetary policy stance is not warranted at this stage." Asian stocks settled mostly lower: Japan -1.40%, Hong Kong -0.52%, China +0.33%, Taiwan -0.52%, Australia -0.34%, Singapore -0.03%, South Korea -0.45%, India -0.16%. China's Shanghai Composite bucked the sell-off in global stock markets and rallied to a 4-month high on optimism that talks between Chinese President Xi Jinping and U.S. President Trump will improve U.S.-China trade relations. Japan's Nikkei Stock Index followed the late sell-off in U.S. stocks Wednesday and fell to a 3-3/4 month low.
The dollar index (DXY00 +0.01%) is up +0.04%. EUR/USD (^EURUSD) is up +0.04%. USD/JPY (^USDJPY) is up +0.14%.
Jun 10-year T-note prices (ZNM17 unch) are little changed, down -0.5 of a tick.
ECB President Draghi said, "we have not yet seen sufficient evidence to materially alter our assessment of the inflation outlook" and that "a reassessment of the current monetary policy stance is not warranted at this stage."
San Francisco Fed President Williams (non-voter) said two more rate hikes this year is a sensible starting point and that it makes sense for the Fed to start shrinking its balance sheet toward the end of this year. He added that it will take something like 5-years to bring the balance sheet down to a more normal level, just based on the arithmetic of its holdings.
German Feb factory orders rose +3.4% m/m, weaker than expectations of +4.0% m/m.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Mar Challenger job cuts (Feb -40.0% y/y), (2) weekly initial unemployment claims (expected -8,000 to 250,000, previous -3,000 to 258,000), (3) weekly continuing claims (expected -22,000 to 2.030 million, previous +65,000 to 2.052 million), (4) San Francisco Fed President John Williams (non-voter) speaks on a ECB panel in Frankfurt on “Do monetary policy frameworks need to be adjusted in a world of (potentially) low natural interest rates? If so, how?” (5) President Trump and Chinese President Xi Jinping hold talks on Thu-Fri at Mar-a-Lago, Florida.
Notable Russell 1000 earnings reports today include: Constellation Brands (consensus $1.36), RPM Intl (0.11), MSC Industrial Direct (0.90), CarMax (0.79), Lamb Weston (0.54).
U.S. IPO's scheduled to price today:
Equity conferences: Jefferies Animal Health Summit on Thu.
OVERNIGHT U.S. STOCK MOVERS
Medtronic PLC (MDT -0.47%) gained almost 2% in after-hours trading after Reuters reported that it was close to selling its medical supplies unit to Cardinal Health for $6 billion.
Jazz Pharmaceuticals PLC (JAZZ -1.79%) climbed over 4% in after-hours trading after it settled a lawsuit with Hikma that grants Hikma the right to sell an authorized generic version of Xyrem in the U.S. starting January 1, 2023.
Yum China Holdings (YUMC +0.79%) rallied nearly 10% in after-hours trading after it reported Q1 comparable sales unexpectedly rose 1%, better than consensus of -2.4%, and reported Q1 revenue of $1.28 billion, higher than consensus of $1.27 billion.
TD Ameritrade (AMTD -2.06%) was upgraded to 'Buy' from 'Neutral' at Buckingham Research Group with a 12-month target price of $48.
Cardinal Health (CAH +0.14%) was upgraded to 'Outperform' from 'Inline' at Evercore ISI with a 12-month target price of $91.50.
Teladoc (TDOC +1.41%) was downgraded to 'Neutral' from 'Overweight' at Cantor Fitzgerald with a 12-month target price of $27.
OZ Minerals (OZMLF -8.26%) was downgraded to 'Sell' from 'Hold' at Morningstar.
Bed Bath & Beyond (BBBY -3.03%) rose nearly 3% in after-hours trading after it reported Q4 EPS of $1.84, above consensus of $1.77.
Resources Connection (RECN -1.53%) dropped 9% in after-hours trading after it reported Q3 EPS of 9 cents, below consensus of 14 cents.
8Point3 Energy Partners LP (CAFD +0.92%) tumbled 14% in after-hours trading after it said it sees Q2 revenue of $14 million to $16 million, weaker than consensus of $16.2 million.
GoPro (GPRO unch) fell over 1% in after-hours trading after it offered $150 million of convertible senior notes due 2022 in a private placement.
Colony Northstar (CLNS -0.53%) lost nearly 2% in after-hours trading after a person familiar with the matter said a 21.9 million share block of Northstar shares were being offered at $12.65 to $12.70 via Morgan Stanley.
Synacor (SYNC +1.22%) slumped 6% in after-hours trading after it announced a proposed public offering of common stock, although no size was given.
MARKET COMMENTS
Jun E-mini S&Ps (ESM17 +0.11%) this morning are up +3.00 points (+0.13%). Wednesday's closes: S&P 500 -0.31%, Dow Jones -0.20%, Nasdaq -0.40%. The S&P 500 on Wednesday rallied to a 2-week high but shed its gains and closed lower. Negative factors include the -2.4 point decline in the U.S. Mar ISM non-manufacturing index to a 5-month low of 55.2, House Speaker Ryan's comment that tax reform could take longer than a health care overhaul, and the Mar 14-15 FOMC meeting minutes where some policy makers said that stock prices were "quite high" and where the FOMC said it would start reducing its balance sheet "later this year." Stocks found early support on the Mar ADP employment report of +263,000, stronger than expectations of +185,000 and the most in 2-1/4 years.
Jun 10-year T-notes (ZNM17 unch) this morning are down -0.5 of a tick. Wednesday's closes: TYM7 +0.50, FVM7 +1.50. Jun 10-year T-notes on Wednesday closed slightly higher on weakness in stocks and the U.S. Mar ISM non-manufacturing index report of -2.4 points to a 5-month low of 55.2. T-notes were undercut by the stronger-than-expected U.S. Mar ADP employment report and by the minutes from the Mar 14-15 FOMC meeting where policy makers said they would begin shrinking the Fed's balance sheet later this year.
The dollar index (DXY00 +0.01%) this morning is up +0.04 (+0.04%). EUR/USD (^EURUSD) is up +0.0004 (+0.04%) and USD/JPY (^USDJPY) is up +0.16 (+0.14%). Wednesday's closes: Dollar index +0.02 (+0.02%), EUR/USD -0.0011 (-0.10%), USD/JPY -0.04 (-0.04%). The dollar index on Wednesday rose to a 3-week high and settled higher. The dollar was boosted by the stronger-than-expected U.S. Mar ADP employment report (+263,000) and the Mar 14-15 FOMC minutes where the Fed it would likely start reducing its balance sheet later in the year.
May WTI crude oil prices (CLK17 +0.57%) this morning are up +11 cents (+0.22%) and May gasoline (RBK17 +0.26%) is -0.0003 (-0.02%). Wednesday's closes: May crude +0.12 (+0.24%), May gasoline -0.0064 (-0.37%). May crude oil and gasoline on Wednesday settled mixed with May crude at a 4-week high. Crude oil was boosted by optimism that OPEC will extend its production cuts past June. Crude oil prices were undercut by the unexpected +1.57 million bbl increase in EIA crude inventories to a record 535.5 million bbl (vs expectations of -150,000 bbl), the +1.41 million bbl increase in crude supplies at Cushing, OK, delivery point of WTI futures, to a record 69.144 million bbl, and the +0.6% increase in U.S. crude production the week ended Mar 31 to a 14-month high of 9.199 million bpd.

GLOBAL EVENT CALENDAR04/06/2017
Thursday, April 6
USn/aPresident Trump and Chinese President Xi Jinping hold talks on Thu-Fri at Mar-a-Lago, Florida.
0700 ETMar Challenger job cuts, Feb -40.0% y/y.
0830 ETWeekly initial unemployment claims expected -8,000 to 250,000, previous -3,000 to 258,000. Weekly continuing claims expected -22,000 to 2.030 million, previous +65,000 to 2.052 million.
0830 ETUSDA weekly Export Sales.
0930 ETSan Francisco Fed President John Williams (non-voter) speaks on a ECB panel in Frankfurt on Do monetary policy frameworks need to be adjusted in a world of (potentially) low natural interest rates? If so, how?
1100 ETTreasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $20 billion) and 30-year T-bonds (previous $12 billion) to be auctioned Apr 10-12.
Friday, April 7
USn/aPresident Trump and Chinese President Xi Jinping hold talks on Thu-Fri at Mar-a-Lago, Florida.
0700 ETMar Challenger job cuts, Feb -40.0% y/y.
0830 ETWeekly initial unemployment claims expected -8,000 to 250,000, previous -3,000 to 258,000. Weekly continuing claims expected -22,000 to 2.030 million, previous +65,000 to 2.052 million.
0830 ETUSDA weekly Export Sales.
0930 ETSan Francisco Fed President John Williams (non-voter) speaks on a ECB panel in Frankfurt on Do monetary policy frameworks need to be adjusted in a world of (potentially) low natural interest rates? If so, how?
1100 ETTreasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $20 billion) and 30-year T-bonds (previous $12 billion) to be auctioned Apr 10-12.
U.S. STOCK CALENDAR04/06/2017

CompanyTickerTimeEvent DescriptionPeriodEstimate
Constellation Brands IncSTZ USBef-mktQ4 2017 Earnings ReleaseQ4 171.364
RPM International IncRPM USBef-mktQ3 2017 Earnings ReleaseQ3 170.109
MSC Industrial Direct Co IncMSM USBef-mktQ2 2017 Earnings ReleaseQ2 170.897
CarMax IncKMX US07:00Q4 2017 Earnings ReleaseQ4 170.786
Lamb Weston Holdings IncLW US08:30Q3 2017 Earnings ReleaseQ3 170.535
MSC Industrial Direct Co IncMSM US08:30Q2 2017 Earnings CallQ2 17
CarMax IncKMX US09:00Q4 2017 Earnings CallQ4 17
Comcast CorpCMCSA US09:00Analyst Day
RPM International IncRPM US10:00Q3 2017 Earnings CallQ3 17
Lamb Weston Holdings IncLW US10:00Q3 2017 Earnings CallQ3 17
Constellation Brands IncSTZ US10:30Q4 2017 Earnings CallQ4 17
Synopsys IncSNPS US11:00Annual General Meeting
Quintiles IMS Holdings IncQ USAnnual General Meeting

Wednesday, April 5, 2017

Restoration Hardware - Chart of the Day

Restoration Hardware (RH) is the Barchart Chart of the Day.  The home furnishings company has a Trend Spotter buy signal, a Weighted Alpha of 30.90+ and gained 50.10% in the last 3 months.


The Chart of the Day belongs to Restoration Hardware (RH).  I found the home furnishings stock by using Barchart to sort today's Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 2/27 the stock gained 40.13%

Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace, offering product assortments across a number of categories, including furniture, lighting, textiles, bathware, d'cor, outdoor and garden, as well as baby and child products. The Company's business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites. Restoration Hardware Holdings, Inc. is based in Corte Madera, California.


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.

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 46.73%
  • Relative Strength Index 75.65%
  • Technical support level at 45.82
  • Recently traded at 45.78 with a 50 day moving average of 32.25
Fundamental factors:
  • Market Cap $1.96 billion
  • P/E 38.22
  • Revenue expected to grow 11.20% this year and another 6.60% next year
  • Earnings estimated to increase 64.60% this year, an additional 21.10% next year and continue to compound at an annual rate of 14.65% for the next 5 years
  • Wall Street analysts issued 3 buy, 10 hold and 1 sell recommendation on the stock