Alert: Positive Investment/Fundamental Signals (11/17/23)-Daily Journal Corp (NASDAQ: DJCO)


Recent exceptional positive changes in investment behavior have benefitted Daily Journal Corp (NASDAQ: DJCO): its shorter term price trend turned up, its longer term price trend turned up, and the stock rose on very heavy volume.

Recent minor positive changes in fundamentals have benefitted Daily Journal Corp (NASDAQ: DJCO). Positive developments: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred. Negative development: significant quarterly earnings deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, DJCO is expected to be Value Creation neutral.

Daily Journal has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Daily Journal has a very low Appreciation Score of 9 but a good Power Rating of 77, resulting in the Negative Value Trend Rating.

Recent Price Action

Daily Journal Corp (NASDAQ: DJCO) stock rose modestly by 0.6% on 11/17/23. The stock closed at $326.10. The stock has been strong relative to the market over the last nine months and has risen 12.6% during the last week.

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