15 Great Stocks Holding the Trend
With the market being closed today I had the opportunity to go through several hundred stock charts and numerous watch lists I have setup.
What I put together is a list of 15 great stocks that are still trading above their 50 day moving averages, are still in a good uptrend, and overall are strong contenders moving forward.
The 15 stocks that made the cut were the following: The Streettracks Gold Trust (GLD), Bard (BCR), China Medical (CMED), Green Mtn Coffee (GMCR), Barrick Gold (ABX), Terra Nitrogen (TNH), Xenoport (XNPT), Meridian Bioscience (VIVO), FC Stone (FCSX), HMS Holdings (HMSY), Range Resources (RRC), Yamana Gold (AUY), LKQ Corp (LKQX), Humana (HUM), and Stericycle Inc (SRCL).
And their charts (bolded are my personal favorites),
GLD Stock Chart, Click to View
BCR Stock Chart, Click to View
CMED Stock Chart, Click to View
GMCR Stock Chart, Click to View
ABX Stock Chart, Click to View
TNH Stock Chart, Click to View
XNPT Stock Chart, Click to View
VIVO Stock Chart, Click to View
FCSX Stock Chart, Click to View
HMSY Stock Chart, Click to View
RRC Stock Chart, Click to View
AUY Stock Chart, Click to View
LKQX Stock Chart, Click to View
HUM Stock Chart, Click to View
SRCL Stock Chart, Click to View
I used to own VIVO!
To add earnings are out Monday…I don’t think they have ever missed a quarter on estimates and consistently beat. A couple of others that I owned that seemed “recession proof” were GGR & CWDK.
Right now, it’s looking very grim with the news on European markets as of 1/22.
sorry, correction on above comment, GGR was a swing trade – and Tue. on VIVO of course! These are all great picks, I’m going to take a look at fundementals. One stock I’m surprised that didn’t make the cut was Anderson’s (ANDE), it’s been holding out pretty steady as well.
ok, as i’m the nervous newbie investor i thought i would leave a comment. In today’s market conditions, i started taking an interest into ETFs. Particularly my interest at the current time is short ETFs (the ultra shorts pay 2X). My theory on this is that I may have made a mistake. As we all know, ultimately, long term…..stocks are going to rise irregardless (be it 6 or 12 months from now, esp. in light of the recent market rally). I guess my request Blain…..(you’ve been posting some great and this is one of my most recently visited sites btw), can you do a spot on short ETFs to guarantee a return on investment? I’m looking at shorts vs. longs (SBB vs. SKY). One thing that really stood out at me? Look at the charts and ……hmmm 1/22 on SBB? House of pleasure……if you happened to have a limit order in.
My point being, I guess I’m getting very interested on hedging on this point. The “shorts” seem the easiest way to do this, but the “ultrashorts” seem very, very risky.
correction on above, looking for volatility plays based on the VIX……here are another 2 symbols: PSQ vs. QQQQ
per my prior post, PSQ is 1X NOT a 2x return, but without knowing where the market goes tomorrow……i’m 1/2 tempted to play them both just based on volatility
Emailed you Ray
thanks, just found another one, don’t know why I didn’t think of it before….POT (Potash)
ok Blain, I’d like to retract any previous comments on CWDK after further research (just spotted this post:
“This looks great, until you realize the company is setting the conversion price at $4.25 per share, a whopping 75.4% discount from yesterday’s closing price of $17.25.”
) reference, http://chinaotcplayer.blogspot.com/search/label/CWDK.OB, however, I’ve already cut profits off of CWDK and don’t want to see anyone else get burned if this article is for real.
In short: I’ll try to stay on topic in the future, the initial posts you had listed are really great, but in addition to POT, DV also looks tempting on any pullbacks. With the volatality being what it is, I placed a limit order pretty low against it and am getting hopeful, but DV seemed to also fit in line with holding the trend over the 1-year chart with POT.
If gold hits 800-825 again, hmmmm I’ll definitely be rethinking some of the gold positions.
Regards,
Ray
OK, as a fun project, I decided to take the last close of each of these to see how a portfolio with all of these stocks would turn out. Actually I was hoping to come out with a negative outcome, hah, just kidding of course!
I was modestly surprised.
The below numbers are not inclusive of after hours and/or pre-market and are soley based on close prices as of the last date (1/18) chart was taken above and the Last or Close as of 2/1/08 as of finance.yahoo.com. Just running the numbers through Excel this is what I came up with:
GLD 87.42 89.35 $1.93 2.2077%
BCR 96.68 96.92 $0.24 0.2482%
CMED 47.03 49 $1.97 4.1888%
GMCR 39.43 38.66 -$0.77 -1.9528%
ABX 46.73 50.9 $4.17 8.9236%
TNH 128.93 139.16 $10.23 7.9345%
XNPT 65.86 62.31 -$3.55 -5.3902%
VIVO 33 32.56 -$0.44 -1.3333%
FCSX 46.76 44.54 -$2.22 -4.7476%
HMSY 35.16 31.51 -$3.65 -10.3811%
RRC 48.59 53.07 $4.48 9.2200%
AUY 15.07 15.89 $0.82 5.4413%
LKQX 20.88 20.15 -$0.73 -3.4962%
HUM 84.35 81.84 -$2.51 -2.9757%
SRCL 60.35 58.9 -$1.45 -2.4027%
5.4845%
The last number is the varying return percentage (consider it if you had invested equally on these stock prices and gotten the close price as of 1/18/08).
).
Nice picks Blain, almost 5.5% is WAY above the mutual funds in my IRA for a 2 week period (well, considering trading days, may be a little less than 2 weeks of course!
The standard quote of course: “80% of mutual funds underperform the market). How many of my mutual funds currently have GOOG right now? ummm, no comment.
sorry, forgot the column headers on above
Ticker Symbol|Close as of 1/18|Close as of 2/1|Flat difference/Percent change
also, I’d like to point out that 5.4845% number above could potentially be higher if you decided to swing trade some of these and close positions early