NEW BULLISH Plays

Lithia Motors - LAD - close: 45.88 change: +0.90

Stop Loss: 44.45
Target(s): 49.90
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 23, 2013
Time Frame: 4 to 6 weeks
Average Daily Volume = 242 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
There does not appear to be any investor concern over a slow down in consumer spending, at least not for new and used cars. Shares of LAD have rallied to new all-time highs this month. Shares just spent the last week consolidating sideways in the $44-46 zone, which has helped reduce any overbought conditions.

LAD now looks poised to break out higher again. The high on March 15h was $46.58. I am suggesting a trigger to launch small bullish positions at $46.75. If triggered our short-term target is $49.90. More aggressive traders may want to aim higher. FYI: The Point & Figure chart for LAD is bullish with a long-term $65 target.

Trigger @ 46.75 *Small Positions*

Suggested Position: buy LAD stock @ (trigger)

Annotated chart:



Plum Creek Timber Co. - PCL - close: 50.48 change: +0.29

Stop Loss: 49.40
Target(s): 54.50
Current Gain/Loss: unopened

Entry on March 25 at $--.--
Listed on March 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 732 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
PCL is a real estate investment trust (REIT) that manages timberland in the U.S. There have been recent stories of lumber and plywood shortages, which appears to be due to rising demand thanks to a recovery in homebuilding and the recovery efforts to rebuild from Hurricane Sandy. This big demand for lumber products has helped push PCL to new all-time highs. The breakout past resistance at $50.00 is technically bullish.

I am suggesting small bullish positions now, at current levels. PCL doesn't move very fast so we will aim for the $54.50 level.

*Small Positions*

Suggested Position: buy PCL stock @ (the open)

- (or for more adventurous traders, try this option) -

buy the May $50 call (PCL1318E50) current ask $1.38

Annotated chart:



Waste Connections - WCN - close: 36.41 change: +0.39

Stop Loss: 35.40
Target(s): 39.50
Current Gain/Loss: unopened

Entry on March 25 at $--.--
Listed on March 23, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 566 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
WCN is in the waste management industry. The stock has been showing significant strength over the last three weeks. WCN has now broken out past resistance near $36.00 to close at new all-time highs.

I am suggesting small bullish positions at current levels. We will start with a stop loss at $35.40. Our multi-week target is $39.50.

*Small Positions*

Suggested Position: buy WCN stock @ (the open)

Annotated chart: