Today's PowerRatings article will focus on highly rated stocks from the Nasdaq 100. The Nasdaq Composite Index has been leading all the major indices over the last 13-weeks. It is up 13.73% over that period compared to 9.74% for the Dow. Trading these stocks will ensure that there will be adequate volume to get your order filled in a timely manner. These should be kept on a watch list and monitored.
From 1995-2005, stocks with a PowerRating of 8 have outperformed the S&P 500 index on average by an 8.3-to-1 margin, while a PowerRating of 10 doubles that performance to 16.3.
PowerRatings also help indicate a stock's downside as well as timely short-sale entry points; PowerRatings of 1 and 2 have on average lost money over the next week. A PowerRating of 1 typically underperformed the S&P 500 by a 5-1 margin. Obviously, you should ideally be looking to buy high PowerRating stocks and avoid (or short) low PowerRatings stocks.
Let's take a look at today's top 7 rated Nasdaq 100 PowerRatings stocks:
Celgene Corp. (CELG | Quote | Chart | News | PowerRating)

XM Satellite Radio Holdings (XMSR | Quote | Chart | News | PowerRating)

Intuit Inc. (INTU | Quote | Chart | News | PowerRating)

Apollo Group (APOL | Quote | Chart | News | PowerRating)

Network Appliance (NTAP | Quote | Chart | News | PowerRating)

Activision Inc. (ATVI | Quote | Chart | News | PowerRating)

NII Holdings (NIHD | Quote | Chart | News | PowerRating)

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Darren Wong
Associate Editor
darrenw@tradingmarkets.com
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Reminder: We are in no way recommending the purchase or short sale of these stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions, price patterns and risk; our information is designed to contribute to your understanding. Controlling risk through the use of protective stops is critical.