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Investors Business Daily
Investors Business Daily
IBD STAFF

IBD Live Q&A, Stock Lists For Thursday, May 16, 2024

Welcome to IBD Live! This list of FAQs and useful links will speed your learning curve.

The Ready List contains top stocks that meet our fundamental and technical screening criteria that are in or near actionable buy areas. However, IBD Live participants should analyze the chart action to determine the exact proper entries before buying.

QA Summary

Question Answer
Good Morning, CAN-SLIM Champions Good morning Shane!!
Are we getting bulled up? Are we getting giddy? The giddy meter isn't running today, but I suspect the reading would be high!
Good morning IBD crew! Happy Thursday! Good morning Kimberlee!
Good Morning all!! Good morning!
Insect infestation starting on CELH. Thoughts Haha, well at least one! Strong accumulation on right side of base. Mild low vol pullback from here would be perfect.
Good Morning IBD Live Team Good morning Sanjay!
We shjoud be in market uptrend right? Yes, we are! :)
good morning. from san jose Good morning from LA!
OSCR? extended or still a buy?? Thanks. :) Under serious accumulation but way too extended. Would consider after mild pullback to 10-day line.
Good morning everyone! Good morning Payam!
GM, Great is monday (MNDY) in a good position? Pretty darn strong after gap up. Could see swing trade with stop below Wednesday's low. Others will wait for some tight sideways trading.
When it turn to uptrend ? Yesterdy right? Finally an official follow through for the Nasdaq composite, up 1.4% in higher volume. No follow through for S&P 500 due to lower volume.
SMCI - look who also popped above the 50d. Nice move for NOW Wednesday as well
Private: Ali- Ed seems to be in "Show speaker" mode again Fixed — thank you, Fred!!
The "orthodox" should be happy now (but perhaps a little behind the "swingers". 😆 I see what you did there LOL good one Douglas
GM from Cape Cod. Good morning!
We are stepping into Utilities on the sector rotaion chart and the one word I thinkof is RECESSION It's a yellow flag for sure. Did you see Vidya's story yesterday?
https://www.investors.com/research/artificial-intelligence-ai-utility-stocks/
CELH has an accumulation Ant Good base forming post earnings. I was a little concerned to hear that the company warn of ongoing inventory fluctuations.
Gooooog Morning IBD Live - Happy Trading. Please repeat the opening stocks LEN, MU, NOW
Tickers please LEN, MU, NOW
Good morning. Where can I find Ready & Watch list. Can't see it on FAQ. They are posted next to the recording of each show. They are also in MarketSurge under the reports section.
I mentioned yesterday that on Tuesday a director of CPNG bought almost 1 million shares, a huge percentage of the daily volume. The stock did nothing yesterday but is up 2.25% at the open and looks pretty darn good. Agree. Moving on UBS note, upgrade to buy from neutral.
G'morning everyone, Jacob in LA, Brad in San Jose, from Ken in Fremont. :-) live answered
Justin does your list includes the ETFs? Also does MarketSurge Nasdaq comp volume includes them too? Yes it does! Makes it a little interesting too when you consider that QQQ had the second highest dollar volume yesterday. Nvidia was first.
GM, Mike - on ST, when we close slower movers for larger movers in a bull market, are you using Beta to pick the new candidates? Thanks - Appreciate you! I don't use Beta (long story) but I use the 3 month RS and ATRs along with some other things
Thank you Jacob.- Will you explain step by step where to find reports? Open the bottom list panel in MarketSurge - in the left side of the bottom panel, you'll see "reports". Please give us a phone call (800-831-2525) or send us an email at MarketSurge (marketsurge@investors.com) if you need help.
It was a follow-through day yesterday, right? Yes
Thanks, Mike. We need to talk more about ATR sometime, based on what we have in MarketSurge or even TOS. I am having difficulty applying ATR to the charts and selections. Thank you again! I am working on an IBD ATR rank...it will take a bit of time to get it right...once I have it done we'll add it to MarketSurge
ttd breaking out Thanks.
How about a earnings call on NVDA? That's always a risk, but recent buyers have a chance to build enough of a profit cushion to take that risk. My biggest winner this year, got back in it a few weeks ago and have been adding, already starting to get a decent cushion but we'll
see what happens over the next few days
harold how can i hedge nvda with a etf I would short SMH or buy NVDS
Ohana, NVDA and Dell have event Mon-Thurs, is that a tell of sots? The timing of it? Not necessarily as those things often are planned very far in advance. Those two stocks are acting great. I own NVDA.
Thanks. Will call Sounds good!!
DAKT It has a base after a nice prior uptrend. The earnings and sales growth have been slowing though.
How would you screen for Up/Down volume on Market Surge In the Price & Volume category item #28 allows you enter screening criteria for Up/Down
Hi Ed, anymore economic data we need to be concerned about in the next few days? Not a whole lot in the next few days.
thoughts on crbg? Great gap up! Industry Group, Earnings Growth and Sales Growth all look a bit low though.
Mike- Just throwing an idea out. Have you ever considered adding "partner industry group correlations" to MarketSurge? At one level, it could be something like "these industry groups move or contrary with AI, manufacturing, oil, etc.". At
another level, their could be a numerical strength of the correlation between group indexes.
Funny you mention that, Fred. It's something we are studying right now. We've got some interesting ideas for an industry group overhaul and ways to identify those correlations across different industry groups.
CRS Lots of strengths, but sales have slowed quite a bit. No pattern right now.
LLY has a super important FDA comittee mtg for their Alheimers drug on June 10. This will be the most watched drug approval mtg of the year. Agreed.
Make sure to Watch/Listen to today's drop of "Investing with IBD." Justin (the Saint) has a terrific conversation with Katie (the technican) Stockton. Thanks, Peter. Loved having her on and great to hear how other people dive into the technical action.
DKNG live answered
MLM dropping badly Yeah, looked like it might have been setting up. Rough day.
Apollo Global Mngt
APO seems to have formed a flat base yes/no? MS has it as a Flat Base! Also, 9/9 on the O'Neil checklist.
SMCI made a big move yesterday. Yes! and made its way above the 50-day!
Ed, is there any news on SWAV? This is an incredibly tight daily chart?? It's being acquired by J&J.
HUBS - Hubspot? Not bad over the last year, but in the loss zone now.
What is the ticker symbol for the Mute Jar? LOL Haha.
123/156 live answered
What's going on with CPRT? Pretty good fundametals here. Forming a new base but getting some resistance at 50-day line.
Trade the stocks you know. Great comment Webby That's a Peter Lynch thing that I've been using since 1995
WING Such a strong stock!
I registered for the Swing Trader webinar but could not attend. I still have not received a link to see the recording. Can someone please share a link? Thanks https://www.investors.com/ibd-videos/videos/a-new-approach-to-swing-trading
PAGS is the payment play I find Brazil stocks in general tough to trade.
PDD? I would call this limping past a buy point. Not exactly a powerful breakout but still could work.
Can you explain Ants again please Momentum - The stock is up at least 12 of the past 15 days.
‎Volume - The volume has increased over the past 15 days by 20% to 25%.
‎Price - The price is up at least 20% over the past 15 days.
NTAP with A+ A/D Yep, and in the pivot zone.
FORM .... thoughts, anyone? Just makes one wonder whether it is the best idea in the industry group.
AFRM got support at 200 day Yes! Its been holding up there!
MMYT Down today, but a lot of strong characteristics.
Justin or Mike - Could you do a more in depth educational segment or podcast on the SUFB and PUFB concept? Would like more details on this concept with examples, thanks! Sure...maybe on a future podcast
How bout MELI It has a nice 7/9 on the O'Neil checklist. The group is pretty average, though.
Thoughts on MSFT? Looks strong, but the industry group is quite weak.
How about SN? Its been on a great run. There is no pattern now though.
ALAB above $75 Not a lot of history to go off of, but the last two quarters EPS & sales look good.
MLM Still just a stage 2!
TTD? Not bad. It would be nice to see EPS growth pick up.
Whats the ticker on Apollo? APO
FUTU? ELF? ELF is still gowing earnings and sales well.
GOOG best fang here It has been looking good.
Have a beautiful day everyone You too!
Another excellent one Rachel Agreed!
Webby, are we goiong on margin on ST? A litte right now
May 3 was my birthday so I was buying That's why the market was up!! Happy belated birthday, Phil. Lots of May birthdays!
Thank you, everyone. Have a great day! Thank you Shane!

 

Ready List

Symbol
AIT
AMAT
APO
AVGO
AYI
BAH
BFAM
BKNG
CELH
CNO
COST
CTAS
DPZ
EBAY
FSLR
FTI
GD
GM
HIG
INTU
ISRG
JPM
L
LLY
MPWR
MSFT
NVDA
NVO
PCG
PINS
RCL
REGN
SBLK
STX
TXRH
USFD
VERX

 

Watch List

Symbol
A
AA
ACGL
AEM
AER
AES
AGI
AGIO
AIG
AIT
ALAB
ALC
ALTR
ALV
AM
AMAT
AMGN
AMP
AMZN
ANET
ANF
APH
APO
APP
APPF
ARES
ARHS
AROC
AS
ASPN
ATI
ATR
AVAV
AVGO
AXP
AXS
AYI
AZN
BAH
BCO
BCS
BFAM
BJ
BKNG
BLBD
BMA
BOOT
BPMC
BRO
BROS
BSX
BX
CACI
CAKE
CAMT
CARR
CASY
CAVA
CBT
CCJ
CEG
CELH
CENX
CL
CLH
CLS
CMG
CNM
CNO
CNX
COST
CPNG
CR
CRBG
CRNX
CROX
CRS
CRUS
CRWD
CSL
CTAS
CTRI
CVNA
CW
DAL
DECK
DELL
DHR
DKNG
DOV
DPZ
DYN
EAT
EBAY
ECL
EGO
EHC
EME
EQH
ERJ
ETN
ETRN
FCX
FICO
FIS
FLEX
FLS
FN
FORM
FRPT
FSLR
FSS
FTAI
FTI
GD
GDDY
GE
GEV
GGAL
GKOS
GLNG
GM
GOGL
GOOGL
GPI
GRMN
GS
GSK
GWRE
HEI
HIG
HRB
HWM
IBKR
IBTA
ICE
IESC
IIPR
ING
INTU
IOT
IRM
ISRG
ITRI
ITT
JCI
JEF
JHG
JLL
JPM
JXN
KBH
KD
KEX
KKR
KLAC
KTB
LAMR
LDOS
LEN
LEVI
LHX
LII
LLY
LOAR
LPG
LPX
LRN
MCK
MCO
MEDP
MELI
MFC
MKL
MMM
MMYT
MOD
MPWR
MRK
MRNA
MS
MSFT
MSI
MTD
MTH
MU
MUSA
MWA
NOW
NRG
NSIT
NTAP
NTNX
NTRA
NU
NVDA
NVO
NVT
NXPI
OBDC
OC
ODD
ONON
ONTO
OSCR
PAAS
PACS
PCG
PCVX
PDD
PEG
PHIN
PHM
PI
PINS
PJT
PNR
POWL
PPC
PRCT
PRIM
PRMW
PRU
PSTG
PWR
QCOM
QTWO
RBRK
RCL
RDDT
RDNT
REGN
REVG
RGA
RIO
RNA
ROAD
RTX
SBLK
SCCO
SCHW
SE
SF
SFM
SG
SKX
SKYW
SLVM
SMCI
SN
SNAP
SNX
SPB
SPOT
SPXC
STNG
STRL
STX
TCEHY
TCOM
TDG
TDW
TECK
TER
TEVA
THC
TLNE
TMDX
TME
TMHC
TNDM
TNK
TOL
TOST
TPH
TRI
TSCO
TSM
TT
TTD
TTEK
TW
TWST
TXRH
TYL
ULS
USFD
VCTR
VERX
VIK
VIRT
VIST
VITL
VLTO
VRRM
VRT
VRTX
VST
WAB
WDC
WELL
WFRD
WING
WMT
WRK
WSM
WSO
WWD
XYL
ZETA
ZIM

 

Top Mutual Funds For Stock Research

Institutional sponsorship is a key part of IBD's CAN SLIM methodology. Here's a list of top growth-style mutual funds that our team likes to see as holders of individual stocks we're researching.

Symbol Name
ALSAX ALGER SMALL CAP GROWTH A
ACRNX Columbia Acorn Inst
FCNTX Fidelity Contrafund
FMAGX Fidelity Magellan
FOCPX Fidelity OTC
FKGRX Franklin Growth A
OPOCX Invesco Oppenheimer Discovery
JDMAX JANUS HENDERSON ENTERPRISE A
JDCAX JANUS HENDERSON FORTY A
JACAX Janus Henderson VIT Forty Inst
LAGWX Lord Abbett Developing Growth
LGLAX Lord Abbett Growth Leaders A
MFEGX MFS Growth A
LGOAX Miller Opportunity A
POAGX PRIMECAP Odyssey Aggressive Growth
PRNHX T. Rowe Price New Horizons
VPCCX Vanguard PRIMECAP Core Inv
WGROX Wasatch Core Growth
WMICX Wasatch Micro Cap
SGRAX WELLS FARGO GROWTH A
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