The “Chart of the Day” is Anheuser-Busch InBev (BUD), which showed up on Thursday’s Barchart “All-Time High” and “Gap Up” lists. AB InBev on Thursday posted a new all-time high of $75.07 and closed up 1.93%. TrendSpotter has been Long since April 18 at $73.86. In recent news on the stock, AB InBev on April 30 reported Q1 EPS of $1.05, above the consensus of 91 cents. Morgan Stanley on April 12 named AB InBev as a long Research Tactical Idea. Stifel Nicolaus on April 3 named AB InBev to its Stifel Select List, reiterated its Buy rating and the $80 price target. Anheuser-Busch InBev, with a market cap of $117 billion, is a leading world marketer of alcohol-based beverages.
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.
