Today I used Barchart to sort a list of large cap stocks analysts have predicted will out perform the market for the ones having the most frequent new highs in the last month. The smallest OTTR has a market Cap of $1.18 billion.
Today's list includes:
Rite Aid (NYSE:RAD),
Otter Tail(NASDAQ:OTTR),
Benchmark Electronics (NYSE:BHE),
ITC Holdings(NYSE:ITC) and
Sealed Air (NYSE:SEE):
Rite Aid (RAD)
Barchart technical indicators:
80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 36.31% in the last month
Relative Strength Index 84.09%
Barchart computes a technical support level at 7.16
Recently traded at 7.48 with a 50 day moving average of 5.64
Otter Tail (OTTR)
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 11.57% in the last month
Relative Strength Index 76.06%
Barchart computes a technical support level at 31.11
Recently traded at 32.07 with a 50 day moving average of 29.89
Benchmark Electronics (BHE)
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 8.58% in the last month
Relative Strength Index 71.13%
Barchart computes a technical support level at 25.29
Recently traded at 25.75 with a 50 day moving average of 23.86
ITC Holdings (ITC)
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 9.61% in the last month
Relative Strength Index 74.84%
Barchart computes a technical support level at 40.40
Recently traded at 41.44 with a 50 day moving average of 38.95
Sealed Air (SEE)
