Barchart Research Team - BC - Wed Aug 08, 6:24PM CDT
The "Chart of the Day" is LKQ Corp (LKQ), which showed up on Wednesday's Barchart "All-Time High" list. LKQ on Wednesday posted a new all-time high and closed up 1.30%. In recent news on the stock, LKQ on July 26 reported Q2 EPS of 43 cents, slightly above the consensus of 42 cents. RW Baird on June 28 downgraded LKQ to Neutral from Outperform due to valuation and deteriorating auto parts trends, but Stephens on May 31 initiated coverage on LKQ with an Overweight rating and a target of $44. LKQ Corp, with a market cap of $5 billion, is the largest nationwide provider of recycled OEM automotive replacement parts and related services, with sales and processing facilities and redistribution centers that reach most major markets in the United States.
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