Mid-Day Breakouts Report - Friday, November 10th, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, NOVEMBER 10TH, 2023
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DOW 34031.61 139.67 (0.41%) | NASDAQ 13658.29 136.84 (1.01%) | S&P 500 4374.69 27.34 (0.63%)

Time of Screening : 11/10/2023 12:07:14 PM Report Released : 11/10/2023 12:55:24 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

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Pivot Point
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
ANET - NYSE Arista Networks, Inc	$206.25	-5.39 -2.55%	$208.99	1,400,651 63.87% of 50 DAV 50 DAV is 2,193,000	$216.29 -4.64%	10/31/2023	$188.84	PP = $198.80 MB = $208.74
Most Recent Note - 11/10/2023 12:14:52 PM G - Consolidating this week after 5 consecutive gains to new all-time highs. Prior highs in the $198 area define near-term support above its 50 DMA line ($192). Bullish action came after it reported Sep '23 quarterly earnings +46% on +28% sales revenues versus the year-ago period. >>> The latest Featured Stock Update with an annotated graph appeared on 10/31/2023. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AGYS - NASDAQ - Computer-Integrated Syst Agilysys Inc	$85.01	+0.81 0.96%	$85.38	$90.87	-6.45%	67,645 58.31%	116,000
Most Recent Note for AGYS - 11/10/2023 12:13:06 PM Consolidating this week after rallying to a new all-time high. Earnings in the 3 latest quarterly comparisons through Sep '23 have been below the +25% minimum guideline (C criteria). After years of losses it had profitable results in FY '20-22.
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CAMT - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Camtek Ltd	$64.71	+4.82 8.05%	$64.91	$65.13	-0.64%	316,726 62.35%	508,000
Most Recent Note for CAMT - 11/10/2023 12:16:50 PM Rallying today for a 9th gain in the span of 10 sessions, rising near its 52-week high from below its 50 DMA line. Noted with caution in prior mid-day reports - "Fundamental concerns remain after it reported Jun '23 quarterly earnings -2% on -7% sales revenues versus the year ago period."
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CNM - NYSE - Bldg-Constr Prds/Misc Core & Main Inc Cl A	$31.57	-0.17 -0.52%	$31.98	$33.32	-5.27%	1,959,324 83.88%	2,336,000
Most Recent Note for CNM - 11/10/2023 12:23:00 PM Gapped up on the prior session rallying further above its 50 DMA line ($30). Met stubborn resistance in the $33 area in recent months. Prior mid-day reports noted - "Reported Jul '23 quarterly earnings -1% on +0% sales revenues versus the year-ago period, its 3rd subpar quarter. Prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Limited history is a concern since its $20 IPO on 7/23/21."
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CPRT - NASDAQ - SPECIALTY RETAIL - Auto Dealerships Copart Inc	$48.25	+1.56 3.34%	$48.54	$47.39	1.81%	2,223,414 57.87%	3,842,000
Most Recent Note for CPRT - 11/10/2023 12:25:27 PM Rallied to a new 52-week high with today's gain. Found support near the prior lows in the $42 area. Since last noted in the 9/19/23 mid-day report - "Reported Jul '23 quarterly earnings +17% on +13% sales revenues versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 10/04/21."
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CWCO - NASDAQ - UTILITIES - Foreign Utilities Consolidated Water Co	$34.80	+4.28 14.02%	$36.70	$32.87	5.87%	369,063 221.00%	167,000
Most Recent Note for CWCO - 11/10/2023 12:27:56 PM Water Utility firm is hitting a new 52-week high with today's big volume-driven gain. Reported very strong earnings and sales revenues increases in the Mar, Jun, and Sep '23 quarters versus the year-ago periods. Prior earnings history is not a match with the fact-based investment system's guidelines (C and A criteria).
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GNE - NYSE - Utility-Diversified Genie Energy Ltd Cl B	$24.60	+0.19 0.76%	$24.90	$24.44	0.63%	145,863 113.96%	128,000
Most Recent Note for GNE - 11/10/2023 12:29:34 PM Hit yet another new high today, rallying further after trading in a wider than usual intra-day range for the past 4 sessions while very extended from any sound base. Found prompt support at its 50 DMA line then rallied to new 52-week highs with a noted streak of volume-driven gains. Reported Sep '23 quarterly earnings -36% on +54% sales revenues versus the year ago period and fundamental concerns remain.
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IHG - NYSE - LEISURE - Lodging Intercontinental Hotels	$73.15	-0.06 -0.08%	$73.24	$79.41	-7.88%	165,056 65.24%	253,000
Most Recent Note for IHG - 11/10/2023 12:30:14 PM In recent weeks it slumped below its 50 DMA line ($74.71) and found prompt support at its 200 DMA line ($71). Reported earnings +50% on +24% sales revenues for the quarter ended June 30th, 2023 versus the year ago period and 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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LINC - NASDAQ - DIVERSIFIED SERVICES - Education &; Training Services Lincoln Educational Svcs	$9.40	+0.40 4.44%	$9.49	$9.99	-5.91%	51,790 71.93%	72,000
Most Recent Note for LINC - 11/10/2023 12:33:43 PM Stalled after a gap up noted on 11/06/23 hitting a new 52-week high with a considerable volume-driven gain. Prior mid-day reports cautioned members - "Sales revenues growth rate has been subpar. Quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria) and its annual earnings (A criteria) history is also below guidelines."
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PANW - NYSE - Computer Sftwr-Security Palo Alto Networks	$251.41	+8.82 3.64%	$253.50	$265.90	-5.45%	1,772,258 61.92%	2,862,000
Most Recent Note for PANW - 11/10/2023 12:41:02 PM Rebounding above its 50 DMA line ($243.85) with gains lacking great volume conviction. Recently undercut prior highs in the $254 area and it was noted with caution in the prior mid-day reports - "Fundamentals remain strong after it reported Jul '23 quarterly earnings +80% on +26% sales revenues versus the year-ago period. It showed resilience since dropped from the Featured Stocks list on 8/09/23."
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RBA - NYSE - DIVERSIFIED SERVICES - Business/Management Services Ritchie Bros Auctioneers	$61.03	-6.05 -9.01%	$65.51	$68.25	-10.59%	2,483,274 153.38%	1,619,000
Most Recent Note for RBA - 11/10/2023 12:47:40 PM Slumping well below its 50 DMA line ($64.67) with today's big volume-driven loss testing its 200 DMA line ($59.89). Reported Sep '23 earnings +36% on +148% sales revenues versus the year ago period. Prior 2 quarterly comparisons showed earnings below the +25% minimum guideline (C criteria) and not a match with the fact-based investment system's fundamental guidelines.
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REGN - NASDAQ - DRUGS - Biotechnology Regeneron Pharmaceutical	$785.10	-15.16 -1.89%	$806.88	$853.97	-8.06%	325,620 76.80%	424,000
Most Recent Note for REGN - 11/10/2023 12:50:37 PM Pulling back below its 50 DMA line testing its 200 DMA line while still consolidating near its all-time high. REGN was dropped from the Featured Stocks list on 5/05/22. Reported Sep '23 quarterly earnings +4% on +15% sales revenues versus the year ago period, its 7th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria).
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RWAY - NASDAQ - Finance-Commercial Loans Runway Growth Finance	$13.09	+0.31 2.43%	$13.12	$13.91	-5.90%	72,668 66.06%	110,000
Most Recent Note for RWAY - 11/10/2023 12:51:54 PM Pulling back today. It rebounded above its 50 and 200 DMA lines challenging prior highs with 9 consecutive gains while prior mid-day reports cautioned members - "Met stubborn resistance in the $14 area in recent years. Reportd Sep '23 quarterly earnings +50% on +62% sales revenues versus the year-ago period. continuing its streak of strong quarterly results above the +25% minimum earnings guideline (C criteria). This VC firm has a limited history since its 10/21/21 IPO at $14.63."
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STN - NYSE - Comml Svcs-Consulting Stantec Inc	$67.93	+4.89 7.76%	$69.00	$69.02	-1.58%	162,579 162.58%	100,000
Most Recent Note for STN - 11/10/2023 12:53:53 PM Rebounded from below its 50 DMA line ($64.48), gapping up and spiking higher to challenge its all-time high with today's 3rd consecutive volume-driven gain. The prior mid-day report noted - "Fundamental concerns remain. Reported Jun '23 quarterly earnings +19% on +15% sales revenues versus the year-ago period. Three of the past 4 quarterly comparisons showed earnings increases below the fact-based investment system's +25% minimum guidelines (C criteria). Annual earnings (A criteria) growth has been strong."
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