Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number in the table are projected to move higher by that percentage over the next 12 months. Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual. Pivot: A level between a value level and risky level that should be a magnet during the time frame noted. Risky Level: Price at which to enter a GTC limit order to sell on strength.
Boeing ( BA) ($121.47) set another multi-year high at $122.86 on Friday. The sell rated maker of the Dreamliner and Dow component has a quarterly value level at $115.10 with a weekly pivot at $124.94 and monthly risky level at $126.05. Caterpillar ( CAT) ($87.70) returned to its 200-day SMA at $87.21 on recent strength. The hold rated maker of construction and mining equipment maker and Dow component has a monthly value level at $71.51 with a weekly pivot at $86.33 and annual risky level at $96.43. Citrix Systems ( CTXS) ($56.90) set a 52-week low at $56.48 on Thursday. The buy rated enterprise software company has an annual risky level at $62.88. Brinker International ( EAT) ($41.55) set a multi-year high at $44.28 on Aug. 2 then traded as low as $38.40 on Oct. 9. The buy rated owner of casual eateries such as Chili's has a weekly value level at $39.65 with a monthly risky level at $44.99. General Dynamics ( GD) ($88.00) set a multi-year high at $89.94 on Sept. 19 then fell to $83.61 on Oct. 9. The hold rated maker of land and amphibious combat systems has an annual value level at $86.80 with a weekly pivot at $89.14 and annual risky level at $90.45. Northrop Grumman ( NOC) ($100.20) set another new multi-year high at $101.74 on Monday, then closed below Friday's low, which is a potential key reversal day. The hold rated defense subcontractor has a weekly value level at $98.54 with a monthly pivot at $101.98 and no risky levels.