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Should You Chase the Tasty Gains in This ‘Strong Buy' Stock?
Should You Chase the Tasty Gains in This ‘Strong Buy' Stock?

Yahoo

time18-07-2025

  • Business
  • Yahoo

Should You Chase the Tasty Gains in This ‘Strong Buy' Stock?

US Foods (USFD) hit a new 52-week high of $84.44 on July 17. The stock has a 100% technical 'Buy' signal via Barchart and consistent price appreciation. USFD shares are up nearly 58% over the past year. Analyst sentiment is mostly bullish, but some advisory services are cautious, citing potential overvaluation. Today's Featured Stock: Valued at $19.4 billion, US Foods (USFD) is a foodservice distributor. The company serves independent and multi-unit restaurants, healthcare and hospitality entities, and government and educational institutions. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. USFD checks those boxes. Since the Trend Seeker signaled a buy on May 5, the stock has gained 22.4%. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 Robinhood Keeps Hitting New Highs. How Should You Play HOOD Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USFD Price vs. Daily Moving Averages: Barchart Technical Indicators for US Foods: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. US Foods shares hit a new all-time high on July 17, touching $84.44 in intraday trading. USFD has a 100% technical 'Buy' signal. The stock recently traded at $83.77, above its 50-day moving average of $77.28. US Foods has a Weighted Alpha of +60.91. The stock has gained nearly 58% over the past year. USFD has its Trend Seeker 'Buy' signal intact. US Foods is trading above its 20, 50 and 100-day moving averages. The stock made 16 new highs and gained 11.1% in the last month. Relative Strength Index is at 74.14%. The technical support level is $82.88. Don't Forget the Fundamentals: $19.4 billion market cap. Trailing price-earnings ratio of 27.38x. Revenue is projected to grow 5% this year and another 6.08% next year. Earnings are estimated to increase 19.86% this year and increase an additional 19.68% next year. Analyst and Investor Sentiment on US Foods: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued 13 'Strong Buy,' one 'Moderate Buy,' and one 'Hold' opinion on the stock. Value Line gives the company its highest rating based on the fact it's continuing to take market share from its competitors. CFRA's MarketScope rates the stock a 'Sell' on its projections of slowing growth in the restaurant industry. Morningstar thinks the stock is 15% overvalued. 7,950 investors monitor the stock on Seeking Alpha, which rates the stock a 'Buy.' The Bottom Line: US Foods currently has momentum and is hitting new highs. I caution that USFD is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

Costco's June Sales Climb on Robust 11.5% E-Commerce Growth
Costco's June Sales Climb on Robust 11.5% E-Commerce Growth

Yahoo

time15-07-2025

  • Business
  • Yahoo

Costco's June Sales Climb on Robust 11.5% E-Commerce Growth

Costco Wholesale Corporation COST sustained its steady comparable sales growth in June, reflecting its ongoing strength with value-conscious consumers. The company's competitive pricing and quality merchandise — available both in-store and through its expanding e-commerce platform — continue to resonate with shoppers navigating inflationary pressures. For the five weeks ended July 6, 2025, Costco reported a 5.8% year-over-year increase in total company comparable sales. Regionally, comparable sales rose 4.7% in the United States, 6.7% in Canada and 10.9% in Other International markets. This follows total comparable sales growth of 4.3% in May and 4.4% in April, signaling consistent an adjusted basis, excluding the impacts of gasoline price fluctuations and foreign exchange, comparable sales were even more robust. U.S. comps climbed 5.5%, while Canada and Other International markets posted increases of 7.9% and 8.2%, respectively. Overall, total company comps, excluding these factors, grew 6.2%, following strong rises of 6% in May and 6.7% in April.E-commerce also remained a bright spot, with comparable sales surging 11.5% or 11.2% when adjusted for fuel and currency headwinds. This builds on gains of 11.6% in May and 12.6% in April, reflecting sustained strength in Costco's online a result, Costco's net sales for June increased 8% to $26.44 billion, up from $24.48 billion in the same period last year. This follows a sales improvement of 6.8% and 7% reported in May and April, respectively. Image Source: Zacks Investment Research Costco's resilient business model, centered around a membership-based structure, continues to be a major growth driver. The company's high membership renewal rates, coupled with its efficient supply-chain management and bulk purchasing power, ensure competitive pricing and customer of this Zacks Rank #3 (Hold) company have advanced 15.3% in the past year compared with the Retail – Discount Stores industry's rise of 5.2%. US Foods Holding Corp. USFD, one of America's leading foodservice distributors, currently holds a Zacks Rank #2 (Buy). USFD has a trailing four-quarter earnings surprise of 1.5%, on average. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Zacks Consensus Estimate for US Foods Holding's current financial-year sales and earnings implies growth of 5% and 21.3%, respectively, from the year-ago reported Wholesale Club Holdings BJ, one of the leading operators of membership warehouse clubs, currently carries a Zacks Rank #2. BJ has a trailing four-quarter earnings surprise of 17.7%, on average. The Zacks Consensus Estimate for BJ's Wholesale Club's current financial-year sales and earnings calls for growth of 5.5% and 6.2%, respectively, from the year-ago reported Outlet GO, an extreme value retailer of quality, name-brand consumables and fresh products, carries a Zacks Rank #2. GO has a trailing four-quarter earnings surprise of 25.7%, on average. The Zacks Consensus Estimate for Grocery Outlet's current financial-year sales suggests growth of around 7.9% from the year-ago reported numbers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Grocery Outlet Holding Corp. (GO) : Free Stock Analysis Report US Foods Holding Corp. (USFD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Final probe shows rail flaw detection delay caused North-East Express derailment, ET Infra
Final probe shows rail flaw detection delay caused North-East Express derailment, ET Infra

Time of India

time15-06-2025

  • General
  • Time of India

Final probe shows rail flaw detection delay caused North-East Express derailment, ET Infra

Advt Advt By , PTI The failure to promptly detect the flaws in the rail caused the derailment of the North-East Express at Raghunathpur Station in Danapur Division of East Central Railway on October 11, 2023, according to a final investigation least four people were killed and several others were injured in the accident in Bihar's Buxar report was submitted by Suvomoy Mitra , the then Commissioner of Railway Safety (Eastern Circle)."Stricker monitoring should be exercised in controlling the various processes involved in manufacture of rails. Railway may consider exploring possibilities of Real Time Monitoring of the health of track, one of the recommendations of the report recently submitted to the Railway Board," it Railways in its action taken report said that continuous improvement and upgradation are being done by it and the rail manufacturing plant of SAIL/Bhilai for ensuring better quality of steel making and rail mentioned several steps taken to improve the chemical and metallurgical properties of rails proper monitoring of track health, it said that various modules in the Track Management System (TMS) are operational."These include monitoring of USFD (Ultrasonic Flaw Detection) testing of rails and welds. USFD operators regularly feed the USFD testing data of rail and weld during daily USFD testing on TMS," the Railways said."These USFD testing data are monitored regularly at all concerned levels for necessary maintenance," it the concern of the CRS for real-time monitoring of the health of tracks, the Railways said that three technologies are under trial for broken rail detection systems in various zonal are the Continuous Broken Rail Detection System (NGRT), which is under trial in North Eastern Railway, Acoustic Domain Technology Rail Acoustic, which is undergoing testing in North Central Railway and Vibration Energy-based Broken Rail Detection System whose trial is in progress in North Central CRS has further recommended that proper mechanisms should be available with the Railways for the identification of fatigue cracks developed in Railways has said that it has come up with a new technology known as Phased Array Ultrasonic Single Rail Tester (PAUT SRT) and Zonal Railways/ PSUs have been advised for the adoption of this new method for rails on the condition of the engine and coaches, the CRS said that the locomotives and coaches of all running trains should be closely examined and defective rolling stock should not be permitted, more so in Mail Express Trains with high speed."Records of maintenance of Coaches and Loco may be computerized similar to what has been done for Track Monitoring System (TMS) so that the data can be readily accessed for analysis and scrutiny," the probe body response, the Railways said that they already have a laid-down procedure to regularly examine all CRS also advised the Railways to consider installing a Cab Voice Recorder in the Loco to record the conversation between the crew during/just before any accident."Crew Voice and Video Recording System (CVVRS) is installed in 479 locomotives and is under implementation by CRIS in all locomotives," the ministry said in its CRS emphasised on the need for formal training or guidelines for videography and photography of the accident site, including drone camera of locomotive, coaches and Railway Ministry said that guidelines for videography and photography at the accident site have already been issued by various orders.

Failure to timely detect flaws in rail caused North-East Express derailment in Oct 2023: CRS probe
Failure to timely detect flaws in rail caused North-East Express derailment in Oct 2023: CRS probe

Time of India

time14-06-2025

  • General
  • Time of India

Failure to timely detect flaws in rail caused North-East Express derailment in Oct 2023: CRS probe

The failure to promptly detect the flaws in the rail caused the derailment of the North-East Express at Raghunathpur Station in Danapur Division of East Central Railway on October 11, 2023, according to a final investigation report. At least four people were killed and several others were injured in the accident in Bihar's Buxar district. The report was submitted by Suvomoy Mitra, the then Commissioner of Railway Safety (Eastern Circle). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I lost my wife, now my son is in danger, please help him! Donate For Health Donate Now Undo "Stricker monitoring should be exercised in controlling the various processes involved in manufacture of rails. Railway may consider exploring possibilities of Real Time Monitoring of the health of track, one of the recommendations of the report recently submitted to the Railway Board," it added. The Railways in its action taken report said that continuous improvement and upgradation are being done by it and the rail manufacturing plant of SAIL/Bhilai for ensuring better quality of steel making and rail rolling. Live Events It mentioned several steps taken to improve the chemical and metallurgical properties of rails too. Regarding proper monitoring of track health, it said that various modules in the Track Management System (TMS) are operational. "These include monitoring of USFD (Ultrasonic Flaw Detection) testing of rails and welds. USFD operators regularly feed the USFD testing data of rail and weld during daily USFD testing on TMS," the Railways said. "These USFD testing data are monitored regularly at all concerned levels for necessary maintenance," it added. Addressing the concern of the CRS for real-time monitoring of the health of tracks, the Railways said that three technologies are under trial for broken rail detection systems in various zonal railways. These are the Continuous Broken Rail Detection System (NGRT), which is under trial in North Eastern Railway, Acoustic Domain Technology Rail Acoustic, which is undergoing testing in North Central Railway and Vibration Energy-based Broken Rail Detection System whose trial is in progress in North Central Railway. The CRS has further recommended that proper mechanisms should be available with the Railways for the identification of fatigue cracks developed in rails. The Railways has said that it has come up with a new technology known as Phased Array Ultrasonic Single Rail Tester (PAUT SRT) and Zonal Railways/ PSUs have been advised for the adoption of this new method for rails testing. Commenting on the condition of the engine and coaches, the CRS said that the locomotives and coaches of all running trains should be closely examined and defective rolling stock should not be permitted, more so in Mail Express Trains with high speed. "Records of maintenance of Coaches and Loco may be computerized similar to what has been done for Track Monitoring System (TMS) so that the data can be readily accessed for analysis and scrutiny," the probe body said. In response, the Railways said that they already have a laid-down procedure to regularly examine all coaches. The CRS also advised the Railways to consider installing a Cab Voice Recorder in the Loco to record the conversation between the crew during/just before any accident. "Crew Voice and Video Recording System (CVVRS) is installed in 479 locomotives and is under implementation by CRIS in all locomotives," the ministry said in its response. The CRS emphasised on the need for formal training or guidelines for videography and photography of the accident site, including drone camera of locomotive, coaches and track. The Railway Ministry said that guidelines for videography and photography at the accident site have already been issued by various orders.

Bihar train accident: Failure to detect flaws promptly caused derailment in October 2023, says CRS probe
Bihar train accident: Failure to detect flaws promptly caused derailment in October 2023, says CRS probe

The Hindu

time14-06-2025

  • General
  • The Hindu

Bihar train accident: Failure to detect flaws promptly caused derailment in October 2023, says CRS probe

'The failure to detect the flaws in the rail promptly caused the derailment of the North-East Express at Raghunathpur Station in Danapur Division of East Central Railway on October 11, 2023,' said a final investigation report by Suvomoy Mitra, then Commissioner of Railway Safety (CRS) (Eastern Circle). At least four people were killed and several others were injured in the accident in Bihar's Buxar district. "Stricker monitoring should be exercised in controlling the various processes involved in manufacture of rails. Railway may consider exploring possibilities of Real Time Monitoring of the health of track, one of the recommendations of the report recently submitted to the Railway Board," it added. Bihar train accident | High-level inquiry ordered, many trains diverted as restoration works continue The Railways in its action taken report said that continuous improvement and upgradation are being done by it and the rail manufacturing plant of SAIL/Bhilai for ensuring better quality of steel making and rail rolling. It mentioned several steps taken to improve the chemical and metallurgical properties of rails too. Regarding proper monitoring of track health, it said that various modules in the Track Management System (TMS) are operational. "These include monitoring of USFD (Ultrasonic Flaw Detection) testing of rails and welds. USFD operators regularly feed the USFD testing data of rail and weld during daily USFD testing on TMS," the Railways said. Bihar train accident | Cracks in the tracks could be the possible cause of derailment, reveals primary investigation "These USFD testing data are monitored regularly at all concerned levels for necessary maintenance," it added. Addressing the concern of the CRS for real-time monitoring of the health of tracks, the Railways said three technologies are under trial for broken rail detection systems in various zonal railways. These are the Continuous Broken Rail Detection System (NGRT), which is under trial in North Eastern Railway, Acoustic Domain Technology Rail Acoustic, which is undergoing testing in North Central Railway and Vibration Energy-based Broken Rail Detection System whose trial is in progress in North Central Railway. The CRS has further recommended that proper mechanisms should be available with the Railways for the identification of fatigue cracks developed in rails. The Railways has said it has come up with a new technology known as Phased Array Ultrasonic Single Rail Tester (PAUT SRT) and Zonal Railways/ PSUs have been advised for the adoption of this new method for rails testing. Commenting on the condition of the engine and coaches, the CRS said the locomotives and coaches of all running trains should be closely examined and defective rolling stock should not be permitted, more so in Mail Express Trains with high speed. "Records of maintenance of Coaches and Loco may be computerised similar to what has been done for Track Monitoring System (TMS) so that the data can be readily accessed for analysis and scrutiny," the probe body said. In response, the Railways said they already have a laid-down procedure to regularly examine all coaches. The CRS also advised the Railways to consider installing a Cab Voice Recorder in the Loco to record the conversation between the crew during/just before any accident. "Crew Voice and Video Recording System (CVVRS) is installed in 479 locomotives and is under implementation by CRIS in all locomotives," the Ministry said in its response. The CRS emphasised on the need for formal training or guidelines for videography and photography of the accident site, including drone camera of locomotive, coaches and track. The Railway Ministry said guidelines for videography and photography at the accident site have already been issued by various orders.

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