Wednesday’s Top Names
For nearly the past
month, this market has been tenacious and today was no different. In
the face of a number of analyst downgrades attributed to valuation concerns and
a weak semiconductor sector, the market enjoyed another winning session that saw
the indices close near their best levels of the day.
Strong Sectors: aerospace, tobacco,
biotech, apparel, oil, auto, drug, chemicals, cons. goods
Weak Sectors: managed care, rubber, health care facilities, footwear,
wireless service, homebuilding, comp. hardware, electronics retailers, chip,
chip equip., steel
Wednesday’s Stocks To Watch:
3 Month RS of 80 and higher and close in top
part of
range
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
American Pharmaceutical Partners |
|
91 |
20.95 |
404,700 |
853,158 |
|
Black Box |
|
91 |
46.61 |
423,800 |
445,204 |
| Itron |
|
91 | 23.40 | 335,100 |
328,480 |
|
QLogic |
|
95 |
40.81 |
16,512,200 |
28,365,927 |
3 Month RS of 30 or lower
and close in bottom part of range
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
The Chubb Corp. |
[CB|CB} |
23 |
56.13 |
1,790,900 |
1,117,800 |
|
City Natl Corp. |
|
18 |
44.77 |
350,500 |
287,600 |
| First health Group |
|
23 | 25.20 | 635,800 |
670,080 |
|
Henry Shein |
|
26 |
46.43 |
491,200 |
2,161,936 |
3 Month RS of 80
and higher with volume surge in last hour
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Comcast Corp |
|
90 |
26.24 |
11,193,400 |
12,850,553 |
|
Fossil |
|
86 |
21.65 |
336,700 |
260,008 |
|
National Instruments |
|
89 |
32.16 |
420,000 |
509,528 |
|
Tech Data |
|
81 |
37.11 |
788,200 |
1,441,814 |
3 Month RS of 30 and lower with volume surge in last hour
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Investment Tec |
|
22 |
29.39 |
399,300 |
1,011,000 |
|
U.S. Freightways |
|
28 |
29.60 |
300,500 |
161,115 |
Stocks in Slim Jims
High RS at
or near high
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Boston Scientific |
|
96 |
40.12 |
2,774,800 |
3,064,100 |
|
Kronos |
|
90 |
39.70 |
294,300 |
447,856 |
|
PEC Solutions |
|
92 |
35.25 |
349,700 |
560,652 |
Low RS at
or near low
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
Investment TEC |
|
22 |
29.39 |
399,300 |
1,011,000 |
| Valassis Comm. |
|
5 |
25.69 |
488,200 | 556,200 |