Here are Today’s Top Rated S&P 500 Stocks
Today’s
PowerRatings article will focus on highly rated stocks from the S&P
500. The S&P 500 index is used as a gauge of the U.S. economy, as it is composed
of the 500 largest U.S. stocks. S&P’s website states that, “this world-renowned
index includes a representative sample of 500 leading companies in leading
industries of the U.S. economy. Although the S&P 500 focuses on the large-cap
segment of the market, with over 80% coverage of U.S. equities, it is also an
ideal proxy for the total market.”
Currently the S&P index has broken out of its recent trading range (1315
area) and may move higher towards year end. With action occurring around
resistance, traders should be alert to any moves and activities around those key
levels. These PowerRated stocks should be put on a watch list and monitored.Â
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Let’s take a look at today’s top 7 rated
S&P500
Top Rated Stocks:
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Here are individual daily charts of today’s
Highest PowerRating Stocks:
Ford Motor Corp. Â
(
F |
Quote |
Chart |
News |
PowerRating)
Cigna Corp.
(
CI |
Quote |
Chart |
News |
PowerRating)
Caremark Rx
(
CMX |
Quote |
Chart |
News |
PowerRating)
Allegheny Energy
(
AYE |
Quote |
Chart |
News |
PowerRating)
General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)
Goodyear Tire & Rubber
(
GT |
Quote |
Chart |
News |
PowerRating)
OfficeMax Inc.
(
OMX |
Quote |
Chart |
News |
PowerRating)
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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.
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Click here to
try
PowerRatings for yourself, risk free.
Darren Wong
Associate Editor
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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.