$ZETA Zipped To An All-Time High

New 52-Week Highs led New Lows — 210 vs. 10.

May 07, 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 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.

The major indices were muted.

Basic materials, utilities, consumer staples and real estate rallied more than +1%. Consumer discretionary, technology and energy closed lower.

New 52-Week Highs led New Lows — 218 vs. 10.

The Best of the Best

Zeta Global ($ZETA) is the best of the best. The marketing software provider propelled +18.31% following its Q1 earnings report.

$ZETA zipped to an all-time high.

Here’s the daily chart.

And weekly chart.

$ZETA has 517 followers on Stocktwits.

Mueller Water Products ($MWA) is a notable new high. The water measurement manufacturer marched +8.81% following its Q2 earnings report.

$MWA closed just shy of an all-time high.

Here’s the daily chart.

And monster monthly chart.

$MWA has 954 followers on Stocktwits.

Sterling Infrastructure ($STRL) is a notable new high. The construction solutions provider surged +15.78% following its Q2 earnings report.

Here’s the daily chart.

And weekly chart.

$STRL has 1,115 followers on Stocktwits.

The Worst of the Worst

Teradata ($TDC) is the worst of the worst. The cloud data analytics company collapsed -13.80% following its Q1 earnings release.

$TDC closed at its lowest price since January 2023.

Here’s the daily chart.

And weak weekly chart.

$TDC has 1,766 followers on Stocktwits.

Cracker Barrel Old Country Store ($CBRL) is a notable new low. The nostalgic restaurant and retailer fell -3.33% and closed at its lowest price since February 2012.

Here’s the daily chart.