PHINIA Propelled to an All-Time High

New 52-Week Highs led New Lows — 213 vs. 12.

March 13, 2024

Happy Hump Day.

The major indices were mixed.

Energy and basic materials bounced +1%. Tech tumbled -1.08%.

New 52-Week Highs led New Lows — 213 vs. 12.

The Best of the Best

PHINIA ($PHIN) is the best of the best. The aftermarket car component company drove +3.94% and closed at an all-time high following a Morgan Stanley upgrade.

Here’s the daily chart.

The Worst of the Worst

Enovix Corporation ($ENVX) is the worst of the worst. The lithium-ion battery manufacturer unplugged -12.08%.

$ENVX fell -9% after it reported Q4 earnings on February 20th — the stock is down -26% since.

Here’s the daily chart.

And weak weekly chart.

Riley’s Recommendations

Here are a few sweet links curated by Riley…

Enjoying Popularity + Price?

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