NCR Atleos' All-Time Highs

New 52-Week Highs led New Lows — 193 vs. 8.

May 16, 2024

Good evening. Welcome to Trends with No Friends.

For those just joining us, here’s an overview…

Trends With No Friends sifts through the noise and discovers stocks above $1B market cap with high relative strength and low social following.

Why is this combination important?

Stocks that are outperforming tend to continue to outperform. Stocks that have a low social following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Social Following can really outperform as more investors discover them.

They are ripe to rip.

Stocks stalled.

Every major index inched lower.

Consumer staples was the only positive sector. Basic materials, consumer discretionary and industrials dipped more than -0.60%.

New 52-Week Highs led New Lows — 193 vs. 8.

The Best of the Best

NCR Atleos ($NATL) is the best of the best. The new issue self-service banking provider propelled +7.22%.

$NATL reported Q1 earnings Monday, May 13th — the stock is up 25.72% since.

Here’s the daily chart.

Corebridge Financial ($CRBG) is a notable new high. The financial services provider surged +7.79% as AIG sells its 20% stake.

$CRBG closed at an all-time high.

Here’s the daily chart.

And weekly chart.

Hawkins ($HWKN) is a notable new high. The specialty chemicals company carried +9.27% following its Q4 earnings report.

$HWKN closed at an all-time high.

Here’s the daily chart.

And weekly chart.

The Worst of the Worst

Whirlpool ($WHR) is the worst of the worst. The home appliance manufacturer tumbled -3.12% and closed at its lowest price since April 2020.

Here’s the daily chart.

And weak weekly chart.

52-Week Highs

52-Week Lows

Riley’s Recommendations

Here are a few sweet links curated by Riley…

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