Mid-Day Breakouts Report - Friday, February 23rd, 2024

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MIDDAY BREAKOUTS REPORT - FRIDAY, FEBRUARY 23RD, 2024
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DOW 39201.14 132.03 (0.34%) | NASDAQ 16017.16 -24.46 (-0.15%) | S&P 500 5093.67 6.64 (0.13%)

Time of Screening : 2/23/2024 12:12:26 PM Report Released : 2/23/2024 1:31:52 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page

NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AER - NYSE - DIVERSIFIED SERVICES - Rental &; Leasing Services Aercap Holdings Nv	$77.89	-0.68 -0.87%	$80.61	$79.53	-2.06%	1,167,661 80.03%	1,459,000
Most Recent Note for AER - 2/23/2024 12:15:36 PM Hit new 52-week and all-time highs today but reversed into the red. Reported Dec '23 quarterly earnings +17% on +4% sales revenues versus the year-ago period. Fundamental concerns remain as its prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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AGM - NYSE - FINANCIAL SERVICES - Credit Services Federal Agric Mtg Cl C	$181.12	-5.50 -2.95%	$192.00	$198.17	-8.60%	49,846 87.45%	57,000
Most Recent Note for AGM - 2/23/2024 12:18:38 PM Slumping below its 50 DMA line ($185.10) with today's loss. Reported earnings +11% on +7% sales revenues for the Dec '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings growth has been steady.
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ALG - NYSE - MANUFACTURING - Farm & Construction Machinery Alamo Group Inc	$198.64	-15.68 -7.32%	$210.00	$231.40	-14.16%	41,386 64.67%	64,000
Most Recent Note for ALG - 2/23/2024 12:22:54 PM Gapped down today and violated its 50 DMA line ($209) with a volume-driven loss. Reported earnings +8% on +8% sales revenues for the quarter ended December 31, 2023, versus the year-ago period, breaking a streak of 5 strong quarters above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '19 and '20.
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ALTR - NASDAQ - Computer Sftwr-Design Altair Engineering Cl A	$85.03	-4.83 -5.38%	$88.82	$92.92	-8.49%	485,757 115.93%	419,000
Most Recent Note for ALTR - 2/23/2024 12:25:36 PM Gapped down today retreating from near its 52-week high and testing its 50 DMA line ($83.82) with a volume-driven loss. Reported earnings +48% on +7% sales revenues for the Dec '23 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and fundamental concerns remain.
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BBVA - NYSE - BANKING - Foreign Regional Banks Banco Bilbao Viz Arg Adr	$10.25	+0.16 1.54%	$10.25	$10.16	0.84%	913,376 78.94%	1,157,000
Most Recent Note for BBVA - 2/23/2024 12:26:27 PM Inching to yet another new 52-week high today with a 4th small gain backed by above-average volume. Bullish action came after it reported Dec '23 quarterly earnings +51% on +14% sales revenues versus the year-ago period, its 4th consecutive quarterly comparison above the +25% minimum earnings guideline. This Spanish banking firm's annual earnings growth has been strong after a downturn in FY '20.
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EME - NYSE - MATERIALS & CONSTRUCTION - General Contractors Emcor Group Inc	$263.78	+4.58 1.77%	$264.78	$259.28	1.74%	247,503 81.95%	302,000
Most Recent Note for EME - 2/23/2024 12:34:20 PM Extended from any sound base and hitting a new all-time high with today's 3rd consecutive gain, on track for a 5th consecutive weekly gain. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Sep '23 quarterly earnings +65% on +13% sales revenues versus the year-ago period, its 4th quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earning growth has been steady.
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FIX - NYSE - MATERIALS & CONSTRUCTION - General Contractors Comfort Systems U S A	$272.37	+24.52 9.89%	$292.41	$253.09	7.62%	365,562 88.94%	411,000
Most Recent Note for FIX - 2/23/2024 12:38:58 PM Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Extended from any sound base and it gapped up today hitting a new all-time high. Found support at its 200 DMA line and then rebounded and made steady progress since dropped from the Featured Stocks list on 10/03/23. Fundamentals remain strong after reporting Dec '23 quarterly earnings +66% on +22% sales revenues versus the year-ago period.
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IHG - NYSE - LEISURE - Lodging Intercontinental Hotels	$111.45	+1.32 1.19%	$111.84	$110.45	0.90%	300,518 185.50%	162,000
Most Recent Note for IHG - 2/23/2024 12:41:21 PM Hitting yet another new all-time high with today's 7th consecutive gain. Reported earnings +22% on +14% sales revenues for the quarters ended Sep 30th and Dec 31st, 2023 versus the year ago periods. Prior quarterly comparisons were well above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) included a big downturn in FY '20.
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IMOS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Chipmos Technologies Ltd	$27.53	-1.39 -4.81%	$28.92	$31.11	-11.51%	21,855 115.03%	19,000
Most Recent Note for IMOS - 2/23/2024 12:45:26 PM Consolidating above its 50 DMA line ($27.40). Reported Dec '23 quarterly earnings +200% on +22% sales revenues versus the year ago period. Prior 6 quarterly results were clearly subpar, below the year-ago periods. This thinly-traded Taiwanese Electronics - Semiconductor Manufacturing firm's annual earnings (A criteria) has been up and down.
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INTU - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Intuit Inc	$662.00	+4.08 0.62%	$668.24	$664.83	-0.43%	857,323 68.15%	1,258,000
Most Recent Note for INTU - 2/23/2024 12:47:35 PM Hitting a new 52-week high with today's 2nd consecutive volume-driven gain. Reported Jan '24 quarterly earnings +20% on +11% sales revenues versus the year-ago period. Only 2 of the 4 latest quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong, however, consensus estimates are calling for a -21% downturn in FY '24 earnings. Went through a long and deep consolidation since pricing a Secondary Offering on 11/29/21 perched near its all-time high.
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MELI - NASDAQ - INTERNET - Internet Software &; Services Mercadolibre Inc	$1,629.27	-188.71 -10.38%	$1,670.00	$1,825.00	-10.72%	1,070,628 309.43%	346,000
Most Recent Note for MELI - 2/23/2024 12:51:39 PM Gapped down today and violated its 50 DMA line ($1,669) abruptly reversing from a new 52-week high hit on the prior session. Reported Dec '23 quarterly earnings +0% on +42% sales revenues versus the year ago period. Very strong quarterly comparisons have followed losses in FY '18 -'20 and annual earnings (A criteria) have improved greatly.
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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$239.59	-5.91 -2.41%	$247.49	$253.00	-5.30%	258,184 75.05%	344,000
Most Recent Note for NICE - 2/23/2024 12:52:56 PM This Israel-based Computer Software - Security firm gapped up on the prior session for a new 52-week high. Fundamental concerns remain. Reported Dec '23 quarterly earnings +16% on +10% sales revenues versus the year-ago period. Prior quarterly earnings history has been below the +25% minimum guideline (C criteria).
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NVDA - NASDAQ - ELECTRONICS - Semiconductor - Specialized Nvidia Corp	$795.95	+10.57 1.35%	$823.94	$785.75	1.30%	49,067,155 105.29%	46,602,000
Most Recent Note for NVDA - 2/23/2024 12:54:25 PM Gapped up on the prior session and hitting another new all-time high with today's 2nd consecutive volume-driven gain. Reported Jan '24 quarterly earnings +486% on +265% sales revenues versus the year ago period, its 3rd very strong quarter. Prior 3 quarterly comparisons were down from the year-ago periods. Annual earnings (A criteria) history has been up and down, noted as a flaw with regard to the fact-based investment system's guidelines. Completed the Mellanox Technologies (MLNX) acquisition on 4/27/20.
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$41.80	+0.24 0.57%	$41.83	$41.97	-0.41%	2,820,091 244.59%	1,153,000
Most Recent Note for PGTI - 2/23/2024 12:58:00 PM With recent M&A news it is perched at its all-time high consolidating in a tight range as its 50 DMA line catches up. Reported earnings -11% on +0% sales revenues for the Dec '23 quarter versus the year-ago period. Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18.
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PSN - NYSE - Computer Sftwr-Enterprse Parsons Corporation	$78.50	-0.94 -1.18%	$79.74	$79.48	-1.23%	714,583 102.82%	695,000
Most Recent Note for PSN - 2/23/2024 1:07:56 PM Powered to new all-time highs with 6 consecutive gains backed by above average volume. Reported earnings +35% on +35% sales revenues for the Dec '23 quarter versus the year ago period, its 3rd strong quarter above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth has not been strong and steady. Fundamental concerns remain.
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SFM - NASDAQ - Retail-Super/Mini Mkts Sprouts Farmers Market	$57.99	+4.23 7.87%	$58.10	$53.91	7.57%	1,219,227 104.12%	1,171,000
Most Recent Note for SFM - 2/23/2024 1:12:24 PM Gapped up today for a 2nd consecutive volume-driven gain hitting new 52-week and all-time highs, getting very extended from any sound base. Reported Dec '23 quarterly earnings +17% on +8% sales revenues versus the year-ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and annual earnings (A criteria) history included a downturn in FY '21.
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SPXC - NYSE - Machinery-Gen Industrial S P X Corp	$104.06	-7.37 -6.61%	$113.13	$112.07	-7.15%	337,914 158.65%	213,000
Most Recent Note for SPXC - 2/23/2024 1:16:25 PM Extended from any sound base, and it reversed into the red after today's early gain for another new all-time high. Reported Dec '23 quarterly earnings +7% on +9% sales revenues versus the year-ago period, breaking a streak of 6 strong quarterly earnings comparisons above the +25% minimum guideline (C criteria). Annual earnings had a downturn in FY '20 like many companies during the pandemic.
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UFPT - NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers U F P Tech Inc	$207.00	-7.09 -3.31%	$213.43	$220.82	-6.26%	39,860 66.43%	60,000
Most Recent Note for UFPT - 2/23/2024 1:25:56 PM Pulling back today from a new all-time high following volume-driven gains. Reported earnings +33% on +11% sales revenues for the Dec '23 quarter versus the year ago period. Three of the 4 latest quarterly earnings increases were above the +25% minimum guideline (C criteria), however deceleration in its sales revenues growth rate is a concern. Annual earnings (A criteria) growth has been strong after a downturn in FY '20 like many firms during the pandemic.
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VSEC - NASDAQ - DIVERSIFIED SERVICES - Technical Services V S E Corp	$71.55	+0.49 0.69%	$71.78	$72.90	-1.85%	97,072 136.72%	71,000
Most Recent Note for VSEC - 2/23/2024 1:26:50 PM Perched near its 52-week high. Earnings increases were above the +25% minimum earnings guideline (C criteria) in the 4 latest quarterly comparisons through Sep '23 versus the year ago period. Annual earnings history (A criteria) has not been strong and steady.
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