Buy Aarti Drugs 780-830

Waiting for a pullback to enter this stock

Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. The stock broke out of a 5 year high with extremely high volume which is seen after 5 years. it's a good sign. on the daily chart, you will see up days are on higher volume and down days are on lower volume plus there are more green bars than red bars

This stock shows pretty okay sales and profit growth.

5 years of sales growth - 8.4%
5 years of profit growth - 6.3
Margins are 15%, near an all-time high of 16%, %, If the margins sustain or go higher we can see higher profits and further price appreciation

TTM earnings up 56%
Trade active:
making new highs every week. waiting for a base formation to add more

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini

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