Read today’s promising find and trading idea for the stock market.
The Chart of the Day belongs to the Alamo Group (ALG). I found the stock by using Barchart.com to find “Barchart New Stocks Recommendations” page and then I clicked on the TrendSpotter row showing “New Buys.” I then viewed the stocks on the list with the FlipCharts feature. Alamo Group on Tuesday extended the week-long rally to post a new all-time high and trigger a new buy signal from Barchart’s TrendSpotter trading system.
Alamo Group Inc. is a leading manufacturer of high quality equipment for right-of-way maintenance and agriculture. Their products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, agricultural implements and related after-market parts and services.
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