News Image

New Long Setup 2023-11-30

By Kristoff De Turck - reviewed by Aldwin Keppens

Last update: Nov 30, 2023

Since early November, we have been maintaining a paper trading account via my Twitter page to test the various Minervini screens that were recently added to the platform. More on that in this article.

Meanwhile we have 9 open positions, the available cash is down to 9.92%.

If this new setup is triggered we will be 100% invested.

Please note that this is a virtual portfolio for purely educational purposes. Under no circumstances should these setups be considered investment advice. The intent of the papertrading account is purely to show how we arrive at these specific setups and how they can be used in an active trading strategy that focuses on position sizing and risk management.

Carrols Restaurant Group

The stock retained for today is CARROLS RESTAURANT GROUP (NASDAQ:AER) which engages in the operation of restaurants under the Burger King and Popeyes brands.

GICS Sector: Consumer Discretionary

GICS Industry: THotels, Restaurants & Leisure

19 stocks from this sector reached a new 52-week high last week, out of a total of 119 for all US sectors (US common stocks only, minimum volume 50,000).

As of November 9, 2023, the company reported Financial Results for the Third Quarter 2023. The stock has been in our watchlist for some time and meets two specific Minervini Screening filters in ChartMill (S2A+B)

watchlist
  • EPS Growth Q2Q at least 25% (basic screen 2)
  • EPS Acceleration at least 2Q’s (basic screen 2)
  • EPS surprise (last 4Q) at least 2 beats (+option A)
  • EPS Next Q revision (3m) at least 4% (+option B)

Weekly Chart

weekly chart TAST

Daily Chart

daily chart TAST

Weekly/daily chart and trade setup example for educational purposes only, this is not investment advice, please read our disclaimer.

Back

CARROLS RESTAURANT GROUP INC

NASDAQ:TAST (2/21/2024, 10:12:58 AM)

9.45

0 (0%)

TAST News

News Image2 days ago - InvestorPlaceBill Ackman’s Big Bet: The 3 Stocks That Make Up 46% of His Portfolio

These Bill Ackman stocks comprise nearly half of a very concentrated portfolio and all share similar characteristics.

News Image15 days ago - Halper Sadeh LLPINVESTIGATION ALERT: Halper Sadeh LLC Investigates HARP, JNPR, TGAN, TAST

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...

News Image16 days ago - Julie & Holleman LLPTAST SPECIAL ALERT: Julie & Holleman LLP Announces Investigation Regarding Sale of Carrols Restaurant Group to Restaurant Brands International

/PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed sale of Carrols Restaurant Group, Inc. (NASDAQ: TAST) to...

News Image22 days ago - Kuehn Law, PLLCKuehn Law Encourages PGTI, TAST, TARO, and ANSS Investors to Contact Law Firm

/PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law...

News Image26 days ago - Brodsky & Smith LLCBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Karuna Therapeutics, Inc. (Nasdaq – KRTX), Carrols Restaurant Group, Inc. (Nasdaq - TAST), Ansys, Inc. (Nasdaq - ANSS), HomeStreet, Inc. (Nasdaq - HMST)
News Imagea month ago - The Motley FoolThere's More to Restaurants Brands International's $1 Billion Acquisition Than Meets the Eye

Companies always try to put the best possible spin on things, but Restaurants Brands' purchase of Carrols could be a hard pill to swallow.

News Imagea month ago - Halper Sadeh LLPSHAREHOLDER NOTICE: Halper Sadeh LLC Investigates TAST, MDC, TARO, SOLO

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...

News Imagea month ago - InvestorPlace3 Stocks to Buy for a Strong Start to 2024

These securities show promise going forward this year and have catalysts to drive their share prices higher.

News Imagea month ago - Brodsky & Smith LLCBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Karuna Therapeutics, Inc. (Nasdaq – KRTX), Carrols Restaurant Group, Inc. (Nasdaq - TAST), Ansys, Inc. (Nasdaq - ANSS), HomeStreet, Inc. (Nasdaq - HMST)
News Imagea month ago - The Motley FoolThe Latest 2024 AI Trend: Corporate Buyouts of Restaurant Franchises?

Burger King hopes shiny new tech can help it juice profit margin growth.

News Imagea month ago - Halper Sadeh LLPSHAREHOLDER RIGHTS INVESTIGATION: Halper Sadeh LLC Investigates TAST, ANSS, HMST, FSUN

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...

News Imagea month ago - Brodsky & Smith LLCBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Carrols Restaurant Group, Inc. (Nasdaq - TAST), Ansys, Inc. (Nasdaq - ANSS), HomeStreet, Inc. (Nasdaq - HMST)
TAST Links
Follow us for more