The “Chart of the Day” is Dunkin’ Brands Group (DNKN), which showed up on Friday’s Barchart “All Time High” list. Dunkin’ on Friday posted a new all-time high of $33.81 and closed up 2.10%. TrendSpotter has been Long since March 8 at $30.19. In recent news on the stock, Dunkin’ on May 4 announced major expansion plans in the UK with the addition of 80 new stores over the next three years. Dunkin’ on April 26 reported Q1 EPS of 25 cents, above the consensus of 23 cents. The company said it expects to open 550-650 stores globally in FY2012. Dunkin’ Brands Group, with a market cap of $4 billion, owns, operates, and franchises quick service restaurants worldwide. Its brands include Dunkin’ Donuts and Baskin-Robbins.
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “All Time High” list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the “All Time Highs” menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the “Percent” column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
- TrendSpotter: Buy
- Short-Term Indicators: 80% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 96% Buy
Chart of the Day provided by www.Barchart.com.
Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
