The Chart of the Day belongs to Tribune Publishing (NYSE:TPUB). I found the stock by sorting the All Time High list for stocks hitting the most new highs in the last month. Barchart does not give ratings on stocks until they have been trading for at least 6 months so this one may be a little premature but looks interesting. Since the Trend Spotter signaled a buy on 11/18 the stock gained 35.28%.
Tribune Publishing Company is a diversified media and marketing solutions company. It operates daily newspapers and related Websites, and various ancillary businesses. The Company operates Websites and mobile applications, including a primary online product for each local newspaper, which is an expanded version of the newspaper, providing local, national, and international news. Its daily newspapers include the Los Angeles Times, the Chicago Tribune, the Sun Sentinel, the Orlando Sentinel, The Baltimore Sun, the Hartford Courant, The Morning Call and the Daily Press.
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.
Barchart technical indicators:
Fundamental factors:
This is a highly speculative stock without a long term trading history. Use the 50 day moving average as an exit point.
