50% off all subscriptions! ... left. Order NowOrder Now

Breakout Stocks of Week 33

NASDAQ was up last week (week 32) by 1.11% ending at 14 835.76 points after gaining 163.08 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are CoreSite Realty Corporation NYSE:COR. This stock has had a buy signal since Jul 30, 2021 when the price was $138.21 and is so far up 1.85% to $140.77. Some other companies are on our watchlist to, among these are First Industrial Realty Trust Inc NYSE:FR Sequential Brands Group NASDAQ:SQBG McDonald's Corporation NYSE:MCD and KKR Real Estate Finance Trust Inc NYSE:KREF which all got a breakout pattern emerging.

Date Company Price Week 33
Aug 06, 2021 Coresite Realty Corporation $140.77 $142.79 1.43%
Aug 06, 2021 First Industrial Realty Trust Inc $55.15 $55.11 -0.0725%
Aug 06, 2021 Sequential Brands Group $11.39 $11.14 -2.19%
Aug 06, 2021 Mcdonald's Corporation $236.26 $238.82 1.08%
Aug 06, 2021 Kkr Real Estate Finance Trust Inc $21.38 $20.92 -2.15%

CoreSite Realty Corporation

NYSE:COR Strong Buy Candidate Score: 8.52
Strong Buy Candidate Score: 8.52 Aug 06, 2021

CoreSite Realty CorporationThe CoreSite Realty Corporation stock price gained 0.53% on the last trading day (Friday, 6th Aug 2021), rising from $140.03 to $140.77. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.06% from a day low at $139.49 to a day high of $140.97. The price has risen in 7 of the last 10 days and is up by 1.92% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 22 thousand more shares were traded than the day before. In total, 188 thousand shares were bought and sold for approximately $26.52 million.

On Nov 26, 2021 "Royal Bank of Canada" gave "$136.00 - $170.00" rating for COR. The price target was changed from $171.08 to 0.1%.

CoreSite Realty Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

About CoreSite Realty Corporation:
CoreSite Realty Corporation engages in the ownership, acquisition, construction, and management of data centers. The data centers are specialized and secure buildings that house networking, storage, and communications technology infrastructure, including servers, storage devices, switches, routers, and fiber optic transmission equipment. These buildings provide the power, cooling, and network connectivity to operate this mission-critical equipment. The company’s data centers are located in Los Angeles, the San Francisco Bay and northern Virginia areas, Chicago, Boston, New York City, and Miami. CoreSite Realty Corporation serves telecommunications carriers, content and media entertainment providers, cloud providers, enterprise customers, financial and educational institutions, and government agencies. As of December 31, 2011, its property portfolio included 12 operating data center facilities and 1 development site. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2010 and is headquartered in Denver, Colorado.

First Industrial Realty Trust Inc

NYSE:FR Strong Buy Candidate Score: 5.95
Strong Buy Candidate Score: 5.95 Aug 06, 2021

First Industrial Realty Trust IncThe First Industrial Realty Trust Inc stock price gained 0.36% on the last trading day (Friday, 6th Aug 2021), rising from $54.95 to $55.15. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.00% from a day low at $54.87 to a day high of $55.42. The price has risen in 6 of the last 10 days and is up by 0.88% over the past 2 weeks. Volume fell on the last day by -453 thousand shares and in total, 485 thousand shares were bought and sold for approximately $26.77 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Nov 08, 2021 "Royal Bank of Canada" gave "$63.00 - $72.00" rating for FR. The price target was set to $59.92+0.3%.

First Industrial Realty Trust Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

About First Industrial Realty Trust Inc:
First Industrial Realty Trust Inc. is a real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial properties. The firm owns, manages, acquires, sells, develops, and redevelops industrial real estate. First Industrial Realty Trust Inc. formed on August 10, 1993 and is domiciled in the United States.

Sequential Brands Group

NASDAQ:SQBG Strong Buy Candidate Score: 5.67
Strong Buy Candidate Score: 5.67 Aug 06, 2021

Sequential Brands GroupThe Sequential Brands Group stock price gained 2.80% on the last trading day (Friday, 6th Aug 2021), rising from $11.08 to $11.39. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 14.89% from a day low at $10.54 to a day high of $12.11. The price has risen in 7 of the last 10 days and is up by 14.82% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 53 thousand more shares were traded than the day before. In total, 321 thousand shares were bought and sold for approximately $3.66 million.

Sequential Brands Group holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

About Sequential Brands Group:
Sequential Brands Group, Inc. owns, promotes, markets, and licenses a portfolio of consumer brands in apparel, footwear, eyewear, fashion accessories, and athletic and home goods categories worldwide. The company’s principal brands include the Martha Stewart, Emeril Lagasse, Jessica Simpson, Joe’s Jeans, William Rast, Ellen Tracy, Revo, AND1, and Avia. It licenses its brands through various distribution channels to retailers, wholesalers, and distributors. Sequential Brands Group, Inc. was incorporated in 1982 and is based in New York, New York.

McDonald's Corporation

NYSE:MCD Buy Candidate Score: 4.95
Buy Candidate Score: 4.95 Aug 06, 2021

McDonaldThe McDonald's Corporation stock price fell by -0.0677% on the last day (Friday, 6th Aug 2021) from $236.42 to $236.26. During the day the stock fluctuated 0.62% from a day low at $235.67 to a day high of $237.14. The price has fallen in 6 of the last 10 days and is down by -2.76% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -664 thousand shares and in total, 2 million shares were bought and sold for approximately $367.97 million.

On Oct 29, 2021 "Stephens" gave "$260.00 - $270.00" rating for MCD. The price target was changed from $244.72 to 0.3%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for McDonald's Corporation stock to perform well in the short-term.

About McDonald's Corporation:
McDonald’s Corporation operates and franchises McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company was founded in 1940 and is based in Oak Brook, Illinois.

KKR Real Estate Finance Trust Inc

NYSE:KREF Buy Candidate Score: 2.86
Buy Candidate Score: 2.86 Aug 06, 2021

The KKR Real Estate Finance Trust Inc stock price gained 0.71% on the last trading day (Friday, 6th Aug 2021), rising from $21.23 to $21.38. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.41% from a day low at $21.14 to a day high of $21.65. The price has been going up and down for this period, and there has been a 0.94% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 146 thousand more shares were traded than the day before. In total, 394 thousand shares were bought and sold for approximately $8.43 million.

On Oct 27, 2021 "Raymond James" gave "$22.00 - $24.00" rating for KREF. The price target was set to $22.79+0.8%.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for KKR Real Estate Finance Trust Inc stock to perform well in the short-term period.