Read today's promising find and trading idea for the stock market.
The Chart of the Day belongs to SAP Ag (SAP). I found the stock by using Barchart.com to find “Barchart New Highs” page and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts feature. SAP on Tuesday broke out of its 4-month trading range to gap to a new record high and close the day up +3.74%. TrendSpotter has been long since Sep 12.
SAP is leading enterprise application software company. The company's product consists of ERP and Digital Core, Cloud and Data Platforms, Procurement and Networks, Analytics, Customer Engagement and Commerce, and Commerce, IoT and Digital Supply Chain, Human Resources and Finance. It serves Energy and Natural Resources, Financial Services, Consumer Industries, Discrete Industries, Service Industries and Public Services. SAP is headquartered in Walldorf, Germany.
