NASDAQ 100’s Top 7 Stocks Holding it Together
After watching the market tank this week I became very curious to find out what stocks if any were still holding up within the NASDAQ 100?
So I went through all 100 stocks in the index and pulled aside the stocks that were still trading within 10% of their 52-week price highs. I ended up with only seven stocks which I have listed below. Included is a 52 week stock chart of each.
1. Steel Dynamics (STLD)
STLD is 6.13% off its 52-week highs
2. Costco Wholesale (COST)
COST is 6.61% off its 52-week highs
3. Gilead Sciences (GILD)
GILD is 7.18% off its 52-week highs
4. Staples (SPLS)
SPLS is 7.31% off its 52-week highs
5. Teva Pharmacuetical (TEVA)
TEVA is 9.6% off its 52-week highs
6. Activision (ATVI)
ATVI is 9.62% off its 52-week highs
7. Oracle (ORCL)
ORCL is 9.67% off its 52-week highs
I found this list interesting as there is a good variety of sectors seen. It really is no surprise that a commodity stock is ranked at the top.
What amazes me is the fact that none of those stocks are within 5% of their 52-week highs.
shows you how the market weighs on everything regardless…
Nasdaq finished down some 1% today with the S&P actually up .1%. Tech is coming down boys!
Nice list Blain, didn’t you own STLD recently?
Ya, got knocked out on the latest distribution day. Check out my Covestor profile and you can read my blog there which goes into details of the model I am developing.
forgot the link,
http://www.covestor.com/public/widget?mbr=blainr
Solid list, thanks for the charts!