Barchart.coms Chart of the Day - Tim Hortons (THI)
Barchart Research Team - BC - Wed Apr 25, 5:47PM CDT
The "Chart of the Day" is Tim Hortons (THI), which showed up on Wednesday's Barchart "All-Time High" list. Tim Hortons on Wednesday posted a new all-time high of $55.42 and closed up 1.75%. TrendSpotter just turned Long again last Wednesday at $55.08. In recent news on the stock, company management on March 6 provided FY12 EPS guidance of $2.65-2.75 versus the consensus of $2.77. The company said it expects to open 100 stores in the U.S. in FY12 and 155-185 stores in Canada. Tim Hortons, with a market cap of $8.6 billion, is Canada's largest quick service restaurant chain and features coffee, fresh-baked goods, soups and sandwiches.
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: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 100% Buy
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports