Latest news with #TrendSeeker
Globe and Mail
28-05-2025
- Business
- Globe and Mail
Sezzle Stock Has Some Sizzle
Sezzle (SEZL) has exceptional technical momentum, trading above all major moving averages. The digital payments company is up 856.6% over the past year. SEZL stock has a 100% technical 'Buy' signal via Barchart. Trend Seeker issued a 'Buy' signal on April 21 Today's Featured Stock: Valued at $3.51 billion, Sezzle (SEZL) is a purpose-driven digital payments company. Its payment platform increases the purchasing power of consumers by offering interest-free installment plans at online stores and select in-store locations. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. SEZL checks those boxes. Since the Trend Seeker signaled a buy on April 21, the stock has gained 132.73%. SEZL Price vs. Daily Moving Averages: Barchart Technical Indicators for Sezzle: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. When a stock is trading above all its daily moving averages and closes within 1.15% of its 52-week high, it won't take much to hit another new high. Sezzle has a 100% technical 'Buy' signal. The stock closed at $110.36 on May 27, above its 50-day moving average of $55.48. SEZL has a Weighted Alpha of +141.74. The stock has gained 856.6% over the past year. Trend Seeker 'Buy' signal intact. SEZL is trading above its 20, 50 and 100-day moving averages. The stock has made two new highs and is up 130.06% in the last month. The 14-day Relative Strength Index is at 89.41%. The technical support level is $99.00. Follow the Fundamentals: $3.51 billion market cap. 39.40x trailing price-earnings ratio. Revenue is projected to grow 61.7% this year and another 20.83% next year. Earnings are estimated to increase 75.77% this year and an additional 29.94% next year. Analyst and Investor Sentiment on Sezzle: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are moderately bullish on this stock. Wall Street analysts tracked by Barchart issued two 'Strong Buy' opinions on the stock. Value Line gives the stock an average rating. CFRA's MarketScope gives the stock a 'Strong Buy.' Morningstar thinks the stock is 10% overvalued. 3,380 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Sezzle currently has momentum and support from both the market and individual investors but faces competition from both Affirm (AFRM) and PayPal (PYPL). I caution that SEZL is volatile and speculative — use strict risk management and stop-loss strategies. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
Globe and Mail
13-05-2025
- Business
- Globe and Mail
1 ‘Strong Buy' Stock Offering Safety AND Momentum Right Now
TJX Companies (TJX) is a prominent player in the retail sector, showcasing strong financial health and growth potential. TJX offers a robust business model, consistent revenue growth, and resilience in economic downturns. Strategic expansion and a solid balance sheet give TJX a promising outlook. Today's Featured Stock: Valued at $147 billion, TJX Companies (TJX), is a leading off-price retailer of apparel and home fashion goods in the U.S. and worldwide. It has 50% market share. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'Buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. TJX checks those boxes. Since the Trend Seeker signaled a buy on April 2, the stock has gained 5.25%. On the chart, you can note that the stock is trading above all of its daily moving averages and has rising prices on steady volume. TJX Price vs. Daily Moving Averages: Barchart Technical Indicators for TJX: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. When a stock is trading above all of its daily moving averages and is only 0.04% from its 52-week high, it won't take much to hit another new high. TJX has a 100% technical 'Buy' signal. The stock closed at $131.49 on May 12 above its 50-week moving average of $123.10. TJX has a Weighted Alpha of +29.19. The stock has gained 32.9% over the past year. Trend Seeker 'Buy' signal intact. TJX is trading above its 20, 50 and 100-day moving averages. The stock has made 3 new highs and is up 2.44% in the last month. The 14-day Relative Strength Index is at 64.74%. The technical support level is at $127.25. Follow the Fundamentals: $147 billion market cap. 30.07x price-earnings ratio. 1.29% dividend yield. Revenue is expected to grow 4.53% this year and another 5.64% next year. Earnings are estimated to increase 8.01% this year and an additional 13.77% next year. Analyst and Investor Sentiment on TJX: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, have mixed feelings on this stock. Wall Street analysts tracked by Barchart issued 20 'Strong Buy' and 2 'Hold' opinions on the stock with an average price target of $140. Value Line gives the stock an above average rating with a price target of $134 and comments: 'We like TJX Companies' prospects for its potential to do well in multiple economic scenarios. These good-quality shares could fit in nicely with a conservative portfolio.' CFRA's MarketScope gives the stock a 'Sell' rating with a price target of $102 but comments: 'Our Sell opinion and target price reflect our view that TJX is well positioned to benefit from a more frugal U.S. consumer in 2024, more than offset by extreme valuation and a slowdown in consumer spending. TJX enjoys the ability to quickly pivot into emerging trends with its unique purchasing model.' MorningStar thinks the stock is 48% overvalued yet comments: 'Despite holding around 50% market share in the off-price apparel industry, TJX plans to further expand the footprint of its T.J. Maxx and Marshalls banners — we surmise the company has room to grow its 2,500 combined locations to around 3,000 over the next decade. That said, we expect apparel manufacturers to manage excess inventory levels more stringently in the future.' Of the 2,105 individual investors following the stock on Motley Fool, 1,853 think the stock will beat the market and 102 think it won't. 56,060 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Currently TJX Companies has momentum and support from both the market and individual investors, and seems to be beating out its competition from rivals Ross Stores and Burlington Stores. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
Globe and Mail
17-04-2025
- Business
- Globe and Mail
This Recession-Resistant Stock Is Flashing ‘Buy' Signals
Kroger (KR), valued at $45.6 billion, is a leading grocery retailer with strong technical 'buy' signals and consistent price appreciation. KR is trading above all daily moving averages with a Trend Seeker 'buy' signal and a 100% technical 'buy' rating. Analysts and investors are bullish, with multiple 'Strong Buy' ratings. Today's Featured Stock: Valued at $45.6 billion, with over 2,700 locations across the United States and a portfolio of over 20 different banners, no-moat Kroger (KR) is one of the nation's leading grocery retailers. The company is a component of the broad-based S&P 500 Index ($SPX). What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipchart feature to review the charts for consistent price appreciation. KR checks those boxes. Since the Trend Seeker signaled a 'buy' on March 7, the stock has gained 3.46%. On the chart, you can note that the stock is trading above all of its daily moving averages and has rising prices on steady volume. KR Price vs Daily Moving Averages: Barchart Technical Indicators for Kroger: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. When a stock is trading above all of its daily moving averages and closed within 4% of its 52-week high, it won't take much to hit another new high. Kroger has a 100% technical 'buy' signal. The stock closed at $69.01 on April 16, within 4.06% of its 52-week high of $71.93. KR has a weighted alpha of +28.46. The stock has gained 24.9% over the past year. Trend Seeker 'buy' signal intact. KR is trading above its 20-, 50- and 100-day moving averages. The stock has made 5 new highs and is up 4% in the last month. The 14-day Relative Strength Index is at 58.61%. The technical support level at $68.35. Follow the Fundamentals: Note the projected increases in both revenue and earnings. Trailing price/earnings (P/E) ratio of 15.42x. Forward dividend yield of 1.85%. Revenue is expected to grow 1.48% this year and another 2.67% next year. Earnings are estimated to increase 6.04% this year and increase again by 8.62% next year. Analyst and Investor Sentiment on Kroger: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are bullish on this stock. Wall Street analysts issued 11 'Strong Buy,' eight 'Hold,' and 1 'Sell' opinion on the stock with price targets between $52 and $76. Value Line gives the stock its highest rating and comments: 'These shares might appeal to investors with a near-term performance orientation. This low-beta stock, like many others in the consumer staples sector, has largely held its ground amid the downturn in the broader market since late February, and our ranking system pegs it as a timely selection for the year ahead.' CFRA's MarketScope gives the stock a 'Hold' rating and comments: 'Our Hold rating reflects concerns about sustaining recent improvements given macroeconomic headwinds, partly offset by a relatively attractive valuation, a strong balance sheet, and plenty of share buyback capacity.' MorningStar thinks the stock is 11% overvalued mainly because its recent price has driven up the P/E and comments: 'It built its vast footprint through expansion of its namesake banner along with numerous acquisitions of competing chains, giving it an ingrained presence in many US communities. Considering this, an immense top line (nearly $150 billion in fiscal 2024) that brings a strong standing with suppliers, and its loyalty membership program, Kroger's competitive standing appears enviable.' Of the 2,395 investors following the stock on Motley Fool, 2,093 investors think the stock will beat the market while 302 think it won't. 85,300 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Currently Kroger has market momentum but it will have a hard time taking market share from some much bigger rivals like Walmart, Costco and Amazon's Whole Foods. Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
Globe and Mail
14-04-2025
- Business
- Globe and Mail
ThredUp Stock Is Staring Down New 52-Week Highs
ThredUp (TDUP) has strong technical indicators, is trading above its daily moving averages, and has a 100% technical 'buy' signal. The company faces tough competition, but it has also demonstrated remarkable price appreciation over the past year. Wall Street is generally bullish, with analysts issuing three 'Strong Buy' ratings on TDUP stock. Today's Featured Stock: Valued at $394 million, secondhand online retailer ThredUp (TDUP) is challenging its competition. The company is a component of the Russell 2000 Index (IWM). What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipchart feature to review the charts for consistent price appreciation. TDUP checks those boxes. Since the Trend Seeker signaled a 'buy' on April 7, the stock has gained 20.64%. On the chart, you can note that the stock is trading above all of its daily moving averages and has rising prices on rising volume. The stock has strong competition. Competitors are fierce and include The RealReal (REAL), Poshmark, and eBay (EBAY). Barchart Technical Indicators for TDUP Stock: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. When a stock is trading above all of its daily moving averages and closed within less than 1% of its 52-week high, it won't take much to hit another new high ThredUphas a 100% technical 'buy' signal. The stock closed at $3.39 on April 11 within 0.29% of its 52-week high of $3.40. TDUP has a weighted alpha of +46.22 The stock has gained 97.09% over the past year. Trend Seeker 'buy' signal intact. TDUP is trading above its 20-, 50- and 100-day moving averages. The stock has made 11 new highs and is up 47.83% in the last month. The 14-day Relative Strength Index is at 73.83% The technical support level is at $3.23. Follow the Fundamentals: Note the projected increases in both revenue and earnings. Revenue is expected to grow 5.46% this year and another 6.78% next year. Earnings are estimated to increase by 29.41% this year and by 10.26% next year. Analyst and Investor Sentiment on ThredUp: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are bullish on this stock. Wall Street analysts issued three 'Strong Buy' and one 'Hold' opinion on the stock with a price target of $3.00. Value Line gives the stock its average rating and comments: 'ThredUP, Inc. is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, ThredUP has become one of the world's largest resale platforms for women's and kids' apparel, shoes and accessories. Sellers love ThredUP because it makes it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price.' CFRA's MarketScope gives the stock a 'Hold' rating. MorningStar thinks the stock is 14% overvalued mainly because of its recent price run up. Motley Fool investors are bearish. Of the 61 investors following the stock on Motley Fool, 16 investors think the stock will beat the market while 45 think it won't. 1,780 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Currently TDUP has market momentum but it will have a hard time taking market share for some much bigger rivals. Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
Globe and Mail
09-04-2025
- Business
- Globe and Mail
Nutex Health Is a Rare, Undervalued Winner Amidst Market Turmoil
Wall Street had another rough day. Major stocks like Tesla (TSLA) and Nvidia (NVDA) were down significantly. Nutex Health (NUTX) stands out with a 100% technical 'buy' signal and impressive gains. Analysts and investors are bullish on NUTX, with multiple 'Strong Buy' ratings. Another Bad Day on Wall Street Everyone was still looking for the bottom, but today was not it. All five of the Top Trending Tickers on Barchart were down: SPDR S&P 500 ETF (SPY) (1.57%) Nasdaq QQQ Trust (QQQ) (1.80%) Nvidia (NVDA) (1.37%) Tesla (TSLA) (4.90%) Apple (AAPL) (4.98%) I didn't find a single S&P 500 Index ($SPX) stock that met my criteria so I had to dig a little deeper to find a chart I liked. Today's Featured Stock: Valued at only $416 million, Nutex Health NUTX is a physician-led healthcare services and operations company with 20 hospital facilities in eight states. The company is a component of the Medical Services Sector. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipchart feature to review the charts for consistent price appreciation. NUTX checks those boxes. Since the Trend Seeker signaled a 'buy' on April 8, the stock has gained 18.96%. NUTX Stock Price vs. Daily Moving Averages: On the chart, you can note that the stock is trading above all of its daily moving averages and has rising prices on rising volume. Barchart Technical Indicators for NUTX Stock: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. When a stock is trading above all of its daily moving averages and closes within 1% of its 52-week high, it won't take much to hit another new high. Nutex has a 100% technical 'buy' signal. The stock closed at $84.94 on April 8, which was its 52-week high NUTX has a weighted alpha of +411.42. The stock has gained 643.13% over the past year. Trend Seeker 'buy' signal intact. NUTX is trading above its 20-, 50- and 100-day moving averages. The stock has made 11 new highs and is up 90.19% in the last month. The 14-day Relative Strength Index is at 70.92% The technical support level at $80.31 Follow the Fundamentals: Note the projected increases in both revenue and earnings. Trailing price/earnings (P/E) ratio of 7.73x. Pays no dividend. Revenue is expected to grow 14.29% this year Earnings are estimated to decrease 24.34% this year Analyst and Investor Sentiment on Nutex: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like not only Wall Street analysts, but also many of the popular investing advisory services, are bullish on this stock. Wall Street analysts issued two 'Strong Buy' opinions on the stock with price targets between $60 and $75. Value Line gives the stock an above average rating. CFRA's MarketScope gives the stock a 'Buy' rating. Morningstar thinks the stock is 26% undervalued and comments: 'Nutex Health Inc is assigned a 4-star quantitative star rating, reflecting our opinion that this share class offers a somewhat attractive opportunity for investors. The stock currently trades at a 26% discount to our quantitative fair value estimate of 102.38 USD per share; however, caution is warranted due to this estimate's high uncertainty rating.' Only one investor is following the stock on Motley Fool and he thinks the stock will beat the market. 766 investors monitor the stock on Seeking Alpha, which rates the stock a 'Strong Buy.' The Bottom Line: Healthcare stocks like Nutex are drawing investor attention and this may be a ground-floor opportunity. Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
