No. of Recommendations: 2
PuddinHead's stock of the day. Keysight (KEYS) provides 5G test equipment and has been crushing earnings as 5G starts to grow. This stock has a potential of riding a 5G Tsunami for a few years to come and an investment now could be be very rewarding in the long term. 5G is a sure thing, and providing picks and shovels is a proven way to make money no matter who wins the 5G war.

https://stockcharts.com/freecharts/gallery.html?keys

Check the chart. They blew out earnings last time and and gapped up on huge volume. You could have bought the stock with 5% of the open according to IBD rules. Since then it has built a nice flat base, with only one down day on volume, and that was the day after the gap up, so we can forgive that since it was never confirmed. The peak was either $101.58 from the gap or or $102.00 attempt in the middle of the pattern. Those are two test/resistance areas you would be watching. Today the stock closed at $102.97 on the largest up volume since the gap up. This is a new high and a breakout I would definitely buy in a very strong market and would strongly consider now, especially if you have been sitting on some cash. The IBD rule is don't buy more than 5% above the proper pivot. IBD sell rule #1, never take more than a 7-8% loss. This assumes you are buying a strong growth stock on a proper breakout. It does not apply to randomly buying stocks willy nilly, which is against the rules.

The growth ranking are pretty good, but not top notch....

Composite Rating 96 Pass
EPS Rating 89 Neutral
RS Rating 96 Pass
Group RS Rating A-Pass
SMR Rating A Pass
Acc/Dis Rating B-Pass

Do your homework.

P.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.