$LPX Lept +21%
Happy hump day. Welcome to Trends with No Friends.
For those just joining us, here’s an overview…
Trends With No Friends sifts through the noise and discovers stocks with high relative strength and low social following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low social following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Social Following can really outperform as more investors discover them.
They are ripe to rip.
The major indices were muted — again.
Utilities advanced +1%. Financials and technology gained approx. +0.30%. Real estate lost -0.94%.
New 52-Week Highs led New Lows — 137 vs. 24.
The Best of the Best
Louisiana-Pacific ($LPX) is the best of the best. The forest products provider surged +20.79% following its Q1 earnings report.
$LPX lept to an all-time high.
Here’s the daily chart.
And weekly chart.
$LPX has 1,358 followers on Stocktwits.
Veeco Instruments ($VECO) is a notable new high. The semiconductor process equipment manufacturer marched +4.80% following its Q1 earnings report.
$VECO closed at a 10-year high.
Here’s the daily chart.
And monster monthly chart.
$VECO has 772 followers on Stocktwits.
Kyndryl Holdings ($KD) is a notable new high. The infrastructure technology services company carried +27.83% following its Q4 earnings report.
Here’s the daily chart.
And weekly chart.
$KD has 1,008 followers on Stocktwits.
The Worst of the Worst
ZoomInfo Technologies ($ZI) is the worst of the worst. The cloud based customer acquisition platform plummeted -24.22% following its Q1 earnings report.
$ZI closed at an all-time low.
Here’s the daily chart.
And weak weekly chart.
$ZI has 5,038 followers on Stocktwits.
Corsair Gaming ($CRSR) is a notable new low. The computer gaming hardware provider plunged -8.25% following its Q1 earnings report.
$CRSR closed $0.07 above its all-time low.
Here’s the daily chart.
And week weakly chart.
$CRSR has 23,957 followers on Stocktwits.
Teladoc Health ($TDOC) is a notable new low. The telehealth service provider stumbled -5.28% and closed at an 8-year low.
Here’s the daily chart.
And monthly chart.
$TDOC has 39,153 followers on Stocktwits.
52-Week Highs
52-Week Lows
Riley’s Recommendations
Here are a few sweet links curated by Riley…
Latin America: This Cycle’s Leader
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Titanium-Made Mirarri Yacht Cruises with a Glass Dome Inspired by the Bone Structure of Birds
Grizzo Studio’s Neyer House in Argentina Doubles as a Sweeping Concrete Showroom
Celoria Architects Designs Concrete Home as “Massive Primitive Object”
Big Bend-area Lajitas Tops The List of Texas’ Best Golf Courses
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