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I currently have no position but am interested in the common stock and preferred stock although it is unlikely I will establish a long position within the next few weeks.

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This article was written by

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Operator

Good day, and thank you for standing by. Welcome to the Alarm.com First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Matthew Zartman. Please go ahead.

Matthew Zartman
Vice President of Strategic Communications & Investor Relations

Thank you. Good afternoon, everyone, and welcome to Alarm.com’s First Quarter 2026 Earnings Conference Call. Please note that this call is being recorded. Joining us today are Steve Trundle, our CEO; and Kevin Bradley, our CFO.

During today’s call, we will be making forward-looking statements, which are predictions, projections, estimates and other statements about future events. These statements are based on current expectations and assumptions that are subject to and uncertainties that may cause actual results to differ materially from our current expectations. We refer you to the risk factors discussed in our Form 8-K and the associated press release, which were filed with the SEC earlier today. The call is subject to these risk factors, and we encourage you to review them.

Alarm.com assumes no obligation to update forward-looking statements or other information that speak as of their respective dates. In addition, several non-GAAP financial measures will be discussed on the call. A reconciliation of GAAP to non-GAAP measures can be found in today’s press release on our

The Nifty ended sharply lower on Friday amid a host of negative triggers, including fresh escalation between the US and Iran, rupee depreciation, and significant selling in the financial stocks. The index has slipped back below the 50 EMA after briefly staying above it, indicating renewed weakness in sentiment.

Rupak De, Senior Technical Analyst at LKP Securities, said the mood has further deteriorated as the index also moved below the 50-day EMA on the intraday timeframe. In addition, the RSI has re-entered a bearish crossover on the daily chart, reflecting weakening momentum, he said.

“Overall, the sentiment appears weak, with heavy call writing visible around the 24,200 strike. If the Nifty sustains below 24,200 on Monday, the index could witness further correction towards the 24,050–24,000 zone. On the other hand, a move back above 24,200 may trigger a near-term recovery rally towards 24,350–24,400,” De said.

Here are the 2 stocks to buy:

Buy Coforge at Rs 1,368 | Upside: 7% | Stop Loss: Rs 1,320 | Target: Rs 1,420-1,460

Coforge Limited has witnessed a strong rebound from lower levels and recently given a breakout above the crucial Rs 1,330–1,350 resistance zone, supported by strong volumes. The stock is trading above short-term EMAs, while RSI has moved above 65, indicating improving bullish momentum. The breakout also signals a possible trend reversal after a prolonged corrective phase. A buy at CMP (Rs 1,365–1,370) can be considered with a stop loss near Rs 1,320. On the upside, the stock may head towards Rs 1,420–1,460 in the near term. Sustaining above Rs 1,330 will be important for the continuation of the positive momentum.

(Virat Jagad, Sr. Technical Research Analyst, at Bonanza Portfolio)

Buy NBCC (India) at Rs 101 | Upside: 7% | Stop Loss: Rs 97-98 | Target: Rs 104-108

NBCC (India) Limited is showing signs of a strong recovery after a prolonged correction, with the stock reclaiming all major EMAs and giving a breakout above the Rs 98–100 resistance zone. Rising volumes and RSI near 70 indicate strengthening bullish momentum. The stock has formed a higher high–higher low structure, suggesting continuation of the uptrend. A buy at CMP (Rs 100–101) can be considered with a stop loss near Rs 97–98. On the upside, the stock may head towards Rs 104–108 in the short term. Sustaining above the breakout zone of Rs 98 will remain crucial for maintaining the positive bias.
(Virat Jagad, Sr. Technical Research Analyst, at Bonanza Portfolio)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)