Use PowerRatings to Find Outperforming Tech Stocks

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 with gains of 13.16% compared to 8.00% 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.

Here is a partial list of our Nasdaq 100 PowerRatings List:

Cognizant Tech Solutions (CTSH | Quote | Chart | News | PowerRating)

Flextronics Intl. (FLEX | Quote | Chart | News | PowerRating)

Electronic Arts (ERTS | Quote | Chart | News | PowerRating)

Paccar Inc. (PCAR | Quote | Chart | News | PowerRating)

Sears Holdings (SHLD | Quote | Chart | News | PowerRating)

Whole Foods Market (WFMI | Quote | Chart | News | PowerRating)

Starbucks Corp. (SBUX | Quote | Chart | News | PowerRating)

Find tomorrow's winning stocks today! Click Here!

Attend a free class on how to use PowerRatings, presented by Steve Primo, our Director of Education.

Darren Wong
Associate Editor
darrenw@tradingmarkets.com

Want a free month of PowerRatings? Send us your PowerRatings strategy and receive one free month of this exciting trading tool. If you are already a monthly or annual PowerRatings subscriber, you will receive an additional three months if we publish your strategy.

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.