Stock Pick of the Week: W. E. 19 Jul. 2024

[clarkrl2]

Rules

1. Selection must be made prior to the opening bell on the first trading day of the week.
2. Selection may be changed up to the opening bell.
3. Starting price is the opening price on first trading day of week.
4. Ending price is closing price on last trading day of week.
5. No options or other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

To enter the game:

List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.

Congratulations to last week's winner "clarkrl2".

[djAdvocate]

sorry i missed last week.
some of my tech issues have been on a tear lately. i don't know much about this one, other than it is resting after a long run of good earnings

ACLS

Axcelis Tech

[uncle23]

SOUN ……long

[clarkrl2]

djAdvocate all I am finding is ACLS (Acelis Technologies, Inc.) The listing is on NasdaqGS. It is a semiconductor equipment and Materials. I think this may be the same company but a different exchange.

[djAdvocate]

Jul 13, 2024 3:08:55 GMT -5 clarkrl2 said:

djAdvocate all I am finding is ACLS (Acelis Technologies, Inc.) The listing is on NasdaqGS. It is a semiconductor equipment and Materials. I think this may be the same company but a different exchange.

yeah.  i went back and forth on this with another pick.
i ended up coming back to it, but typed the wrong symbol.
ACLS is right.  just to make sure, it should be selling for
around $166.

[clarkrl2]

Long SPFI (South Plains Financial Services - Bank)
The chart sill looks OK. As investors began to anticipate the yield curve to revert to lower rates at the short end and higher rates at the long end, these banks should rally. weekly bars 

[djAdvocate]

i am liking banks right now, myself, clarkrl2. i bought three banks this week. good sector, imo.

[Opti]

Jul 13, 2024 15:49:06 GMT -5 djAdvocate said:

i am liking banks right now, myself, clarkrl2 . i bought three banks this week. good sector, imo.

which ones? Large, regional, ?   I think it might be a dangerous sector as a whole, banks and the regulators have not recovered from those surprise bank collapses. Interest rates went up too quickly and only internet banks can really scale up and scale down quickly.
Brick and mortar banks in part of reality are closing branches and shrinking their workforce. Investment banking though might be a different story.

[kadee79]

SPTN, long...time for it to go back up!


SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment offers various support services to independent retailers. The Retail segment operates retail stores, fuel centers, and pharmacies primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Family Fresh Market, Supermercado Nuestra Familia, Forest Hills Foods, Dillonvale IGA, and Fresh City Market. It supplies private brand products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

[clarkrl2]

clarkrl2 has the early lead in this week's contest. kadee79 is second and the benchmark is third.

Player	L or S	Symbol	$ Open	$ Close	% Close
clarkrl2	L	SPFI	$28.9400	$29.8200	3.04%
kadee79	L	SPTN	$18.6700	$18.7700	0.54%
BenchMark	L	QQQ	$496.6300	$496.1500	-0.10%
djAdvocate	L	ACLS	$151.3100	$147.8700	-2.27%
uncle.23	L	SOUN	$6.2900	$5.6300	-10.49%

 

[clarkrl2]

Opti, we would love to have you join us in next week's contest. Post your symbol and long or shot. If you have insight on why you chose the company that is even better. 

[djAdvocate]

Jul 13, 2024 16:23:51 GMT -5 Opti said:

Jul 13, 2024 15:49:06 GMT -5 djAdvocate said:

i am liking banks right now, myself, clarkrl2 . i bought three banks this week. good sector, imo.

which ones? Large, regional, ?   I think it might be a dangerous sector as a whole, banks and the regulators have not recovered from those surprise bank collapses. Interest rates went up too quickly and only internet banks can really scale up and scale down quickly.
Brick and mortar banks in part of reality are closing branches and shrinking their workforce. Investment banking though might be a different story.

i am strictly a small cap growth guy, but i also don't like US banks.  they are undercapitalized and overleveraged, imo.  so, i like Spain and Latin America, to begin with.  i did, however, pick one very small regional bank in the US.  i think it was in NEvada, but i can't recall right now.

clark is right- we like company here.  if you have a pick, just post it and let is know if you are going LONG or SHORT on it.

[clarkrl2]

clarkrl2 still holds the lead at the end of day two. kadee79 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
clarkrl2	L	SPFI	$28.9400	$30.7400	6.22%
kadee79	L	SPTN	$18.6700	$19.1000	2.30%
BenchMark	L	QQQ	$496.6300	$496.3400	-0.06%
djAdvocate	L	ACLS	$151.3100	$147.3700	-2.60%
uncle.23	L	SOUN	$6.2900	$5.8300	-7.31%

[clarkrl2]

clarkrl2 still leads with two days to go. kadee79 is now only a length of the pace and the benchmark is third.

Player	L or S	Symbol	$ Open	$ Close	% Close
clarkrl2	L	SPFI	$28.9400	$31.4000	8.50%
kadee79	L	SPTN	$18.6700	$20.0500	7.39%
BenchMark	L	QQQ	$496.6300	$481.7700	-2.99%
djAdvocate	L	ACLS	$151.3100	$134.7400	-10.95%
uncle.23	L	SOUN	$6.2900	$5.4900	-12.72%

 

[clarkrl2]

kadee79 takes over the lead with one day to go. clarkrl2 is a length off the pace in second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
kadee79	L	SPTN	$18.6700	$20.1200	7.77%
clarkrl2	L	SPFI	$28.9400	$30.9500	6.95%
BenchMark	L	QQQ	$496.6300	$479.4900	-3.45%
djAdvocate	L	ACLS	$151.3100	$134.0900	-11.38%
uncle.23	L	SOUN	$6.2900	$5.0000	-20.51%

 

[clarkrl2]

clarkrl2 retakes the lead on the final day to win this week's championship. kadee79 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
clarkrl2	L	SPFI	$28.9400	$31.2500	7.98%
kadee79	L	SPTN	$18.6700	$19.8300	6.21%
BenchMark	L	QQQ	$496.6300	$475.2400	-4.31%
djAdvocate	L	ACLS	$151.3100	$127.9600	-15.43%
uncle.23	L	SOUN	$6.2900	$4.9300	-21.62%

 

[clarkrl2]

2024	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
kadee79	3.22	24	8	4	4	12	48	2.00
djADVOCATE	2.14	28	8	1	5	12	43	1.54
clarkrl2	0.59	29	3	11	5	14	50	1.72
BenchMark	0.40	29	4	7	9	1	36	1.74
uncle.23	-0.47	29	6	6	5	14	49	1.69

Lifetime	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
bimetalaupt	2.78	4	1	0	0	1	4	1.00
m2w	1.15	8	2	1	0	3	11	1.38
damnotagain	0.83	20	2	3	3	10	25	1.25
Value Buy	0.57	226	45	21	22	104	303	1.34
BenchMark	0.36	551	35	90	130	1	691.5	1.25
2kids10horses	0.33	10	0	2	1	4	9	0.90
djADVOCATE	0.32	185	35	19	28	68	239	1.29
Mod E	0.31	429	58	73	64	214	598	1.39
Ombud	0.24	120	12	13	18	61	141	1.18
kadee79	0.13	527	101	74	51	223	725	1.38
clarkrl2	-0.01	551	68	95	97	258	749	1.36
architecto25	-0.36	406	83	46	39	177	557	1.37
tyfighter3	-0.53	108	11	4	17	40	98	0.91
Bluerobin	-0.66	6	2	0	0	3	9	1.50
uncle.23	-1.09	550	89	100	65	244	776	1.41
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

 

[djAdvocate]

devastating.
congrats to clark and kd.
note to self- stick with gut instincts.

[kadee79]

Congrats Clark!