Long

EXPD Daily (dip buy opportunity)

73
EXPD is a financially sound opportunity in the strengthening industrial sector. Fallen on hard times with the COVID disruption and with current weakness in international commerce.

EXPD has 11.8% free cash flow yield (excellent), Petrioski score of 8 (excellent), and Altman Z score of 10.4(excellent).

Earnings revisions: 3 up and 7 down, and post earnings performance day after has been roughly 50/50. Next earnings date is 8/8/2023.

Earnings upside according to FInbox models is 21.3%, which is consistent with the Green point D on the Gartley pattern.

I will be putting in a scripted order to buy at market should EXPD pull back to the buy zone, which is the 50 day exponential moving average (green moving average line). This is for a LONG position addition to the portfolio.

Clause de non-responsabilité

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