|
|
|
|
|
Stocks are up across the board today. The question on everyone's mind is, “will the rally continue?” No one really knows for sure but one thing is for certain, this is one tough market to pick stocks. Long Term investors need proven tools to help keep them invested in shares most likely to outperform. The Long Term PowerRatings are one such tool. Our PowerRating Scanner slices and dices the market in a myriad of ways. One way is it ranks stocks in the three major stock indexes, the Dow Jones Industrial Average, The Nasdaq, and the Standard & Poor's 500. It serves up the top Long Term PowerRated stocks in each of the indexes on demand. Long Term PowerRatings is a system trader's use in building a long term stock portfolio. The ratings allow you to avoid inherently risky and overtly financially dangerous stocks while focusing on stocks that are most likely to perform well over the long term. Our studies clearly indicate that stocks that earn a 10 rating have an 81% chance of being higher one year later. Those awarded a 9 rating have a 79.1% chance of trading higher one year later. Conversely, those stocks with a low 1, 2 or 3 Long Term PowerRating have proven to simply be too volatile thus risky for prudent, conservative long term investment. Let's take a closer look at several top rated stocks from our PowerRating Scanner across the three major indexes. DJIA Coca Cola (KO | Quote | Chart | News | PowerRating) - The top rated stock in the DJIA with a 10 rating. This international beverage giant has been steadily increasing its PowerRating standings and was just awarded the highest possible rank. They just experienced a 33% surge in sales in India and declared a quarterly dividend of 41 cents payable October 1st. The company just announced 2nd quarter earnings of 88 cents/share. This is a huge increase of 44%. Positive growth was exhibited over most metrics. The company is known to be well diversified with over 500 brands of sparkling and still beverages. The flagship brand, Coca Cola remains the world's single most valuable brand name. The company is becoming very active in the growing economies of China and India; earmarking over $2 billion dollars for investment in China over the next 3 years. Getting a foothold here now, should continue to payoff over the long term as this economy continues to thrive and grow. Technically, the stock has been trading above both the 50 and 200-days SMAs. However, price has recently hit resistance at $54.00/share falling back.
International Business Machines (IBM | Quote | Chart | News | PowerRating) - This original computer giant is the second highest ranked stocks in the DJIA earning a 9 Long Term PowerRating. Although the company is ancient for the business it is in, they continue to innovate, acquire and grow with the forever changing high tech landscape. They recently paid the regular quarterly dividend payable on September 10 at 55 cents/share. The firm has been paying quarterly dividends without fail since 1916. Second quarter results were solid with an 18% increase in EPS, an increase in full year guidance and a 12% increase in net income. Technically, price has been uptrending since July 13th but has hit resistance at the $122.50/share area.
Nasdaq Fiserv Inc (FISV | Quote | Chart | News | PowerRating) - A 10 ranked Long Term PowerRated banking software maker. It is the number one ranked stock in the Nasdaq index. First quarter 2009 was strong with a 10% increase in adjusted net earnings and 9% growth in free cash flow. The stock has been uptrending since April 27th. Second quarter earnings showed continued strength being up 7% and operating margin increasing by 1.9%. Price is above both the 50 and 200- day SMAs with technical resistance at $50.00/share. A technical triple top appears in the $51.00/share area.
InterActive Corp (IACI | Quote | Chart | News | PowerRating) - Owners of popular web properties like Match.com and Hotels.com has earned a 10 Long Term PowerRating. They just re-launched Ask.com, and posted a 64% increase in operating income in the fiscal 4th quarter. Second quarter results were an improvement over the first quarter with strong growth at Match.com. Price has been uptrending since July 13th with resistance met at $20.50/share.
S&P 500 AmerisourceBergen (ABC | Quote | Chart | News | PowerRating) - The highest ranked stock in the S&P 500 with a 10 Long Term PowerRating. Shares were recently split in the form of a stock dividend where each investor received another share for each share owned on June 15th. They are forecasting a solid 2009 with both EPS and Revenue growth. Technically, shares have been uptrending since July 13th. Price is above both the 50 and 200-day Simple Moving Averages but resistance seems to have been hit at $22.00/share.
Campbell Soup (CPB | Quote | Chart | News | PowerRating) - This packaged and processed food maker his another 10 rated Long Term PowerRanked stock. Fiscal third quarter has improved with EPS up 12%. They gave positive guidance into the rest of 2009 with EPS growth expected to be at the high end of 5-7%. Technically, price has been uptrending since April 27th but resistance has appeared at the $34.50/share level then bounced back up at $32.00/share.
Learn what you need to know as an active investor looking to invest in companies with a history of financial strength and a track record for growth. Click the link above or call us at 888-484-8220 extension 1 to get your copy of the "5 Secrets to Successful Stock Investing" today! David Goodboy is Vice President of Business Development for a New York City based multi-strategy fund.
Contact us Toll-free 1-888-358-1193 Outside the U.S. please call 1-201-680-7112
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Any information or material contained in the websites owned and operated by The Connors Group, Inc. (the "Company"), including but not limited to the THEFXMARKETS.COM, POWERRATINGS.NET, TRADINGMARKETS.COM, and THEMONEYBLOGS.COM websites (collectively, the "Websites"), and in the related services and products is provided for informational and educational purposes only. The information or material is NOT a recommendation or solicitation to buy or sell any security or other investment vehicle. Please review our full Disclaimer prior to using the Websites. Furthermore, your use of the Websites and all related services constitutes a legally binding agreement under the Company's terms and conditions. Please review the Terms and Conditions of Use. To better comprehend the Company's other practices and policies, please review the Privacy Policy and the Editorial Policy. Copyright © 2010 The Connors Group, Inc. |