Ready List Stocks not in the “Top 10″ as of 01/20/2013

BASE/CHART: PIR broke out of a 2nd stage flat base that is 10wks long, 15% deep, and has a $21.24 pivot. There are 5wks up and 5wks down in the base.  6 of the 10wks are above the 10wk line. The RS line is making new highs and the RS rating is presently 86.  10 so far. 

EARNINGS: annual earnings are estimated to rise 28% this year.  The EPS grwoth rate is 50%, the ROE is 24% and the earnings stability rating is 29, all of which are strong.  Quarterly EPS and sales, however, are below the 25% we look for. Quarterly EPS declined in the most recent quarter while sales grew (-.25) 9.75 so far. 

GROUP: currently ranked 109 (-1) takes us down to 8.75. 

OWNERSHIP: fund ownership was up last quarter but has been a little inconsistent over the past 4 quarters (-.25).  Management holds 6% of shares are there are 2 top funds in PIR. 

OVERALL: 8.5

BASE/CHART: VPFG gets (-.2) for me right off the bat for being so thinly traded. I like to see about 400k shares/day or more. VPFG looks to be working on a 3rd stage cup w/ handle that is 11wks long, 13% deep and has a 3% handle. The pivot is $21.92 (-.25) because the base is 3rd stage.  There are 7 weeks up and 4 weeks down. There is tightness on the right side of the base and VPFG has held the 10wk line fairly well.  The RS line is rising and the RS rating is strong at 89. 9.55 so far.

EARNINGS: annual earnings are projected to grow 22% this year.  I look for 25% or better (-.25).  The EPS growth rate is very strong at 37% but the ROE is weak at only 7%(-.1) The earnings stability rating is strong at 10.  Quarterly earnings and sales appear to be strong.  9.2 so far. 

GROUP: currently ranked 90 (-.75) brings us to 8.45 

OWNERSHIP: fund ownership has risen for 4 straight quarters and has been rising overall.  Mgmt holds 2% of shares and there is 1 top fund in VPFG

OVERALL: 8.45

BASE/CHART: FAF broke out of and is currently retesting the $24.98 pivot of a 2nd stage flat base that is 10wks long and 12% deep.  There is tightness in the base and the price has held the 10wk line throughout the base.  There are 6wks up and 4wks down.  The RS line is making new highs and the RS rating is 92.  10 so far. 

EARNINGS: annual earnings have been erratic and are estimated to drop 25% this year (-.25)  The EPS growth rate is 70% but the ROE is 6% (-.1) and the earnings stability rating is a worst possible 99 (-.2).  Quarterly EPS and Sales are very strong.  9.45 so far. 

GROUP: currently ranked 108 (-1) 8.45 so far. 

OWNERSHIP: fund ownership has risen for 6 straight quarters.  There is 1 top fund in FAF and management holds 5% of shares. 

OVERALL: 8.45

BASE/CHART: JAZZ is presently forming a 1st stage cup that is 15wks long, 21% deep w/ a $60 pivot.  There are only 5 up weeks vs 10 down weeks (-.25) but there are 8 weeks above the 10wk line.  Support seems to have come in consistently along the 40wk line.  The RS line which was previously very erratic appears to be stabilizing.  The RS rating is 74 which is okay for now but needs to improve prior to breaking out.  9.75 so far. 

EARNINGS: annual earnings are estimated to rise 20% this year (-.25) since JAZZ has only recently begun to have positive earnings, the EPS growth rate and earnings stability are n/a.  However, the ROE is 148%.  Quarterly EPS and sales are very strong.  9.5 so far. 

GROUP: currently ranked 124 (-1) 8.5 so far. 

OWNERSHIP: fund ownership has risen for 6 straight quarters. Management holds 16% of shares but there are no top funds presently in JAZZ (-.05)

OVERALL: 8.45 

BASE/CHART: GNRC is presently working on a 3rd stage (-.25) cup shaped base that is 10wks long, 19% deep and has a $39.19 pivot. There are 6wks up vs 4wks down and GNRC has held the 10wk line through the base.  There is tightness at the bottom of the base and vol, though below avg on the right side, is climbing as the price has climbed. The RS line is rising and the RS rating is very strong at 97.  9.75 so far. 

EARNINGS: annual earnings are estimated to drop 2% this year (-.25). The EPS growth rate is very strong at 106% and the ROE is very strong as well at 24%.  The earnings stability rating, however, is 64 which is considered weak (-.2).  Quarterly EPS had been rising very quickly but was only up 4% less quarter (-.25).  Sales however continued to be strong.  9.05 so far. 

GROUP: currently ranked 83 (-.75) takes us down to 8.3 

OWNERSHIP: fund ownership rose dramatically last quarter.  Management holds 5% of shares and there are 3 top funds in GNRC. 

OVERALL: 8.3

BASE/CHART: N broke out of a 1st stage cup w/ high handle that is 9wks long 16% deep and has about a 4% handle.  The pivot is $67.82 .  However, of the 9 wks 5 are below the 10wk line (-.5) but there is tightness along the bottom and the decline has come in mostly lower volume.  5 of the 7 wks are down weeks (-.25).  The RS line is rising and the RS rating is 90.  9.25 so far. 

EARNINGS: annual earnings are estimated to rise 29% this year.  The EPS growth rate is very strong at 98% but the ROE is relatively weak at 9% (-.1).  The earnings stability rating is weak as well at 46 (-.2).  Quarterly EPS and sales appear very strong.  8.95 so far. 

GROUP: currently ranked 86 (-.75) takes us down to 8.2

OWNERSHIP: fund ownership has been steadily rising for 7 quarters. Management holds 9% of shares and 5 top funds are in N. 

OVERALL: 8.2

BASE/CHART: CTRX has formed a base, next to a base, next to a base with the most recent base being a 1st stage flat base that is 9wks long, 14% deep with a $53.13 pivot.  There are only 3 up weeks in the base (-.25) and 6wks closed below the 10wk line (-.5)  The RS line is presently creeping higher and the RS rating is okay at 83.  9.25 so far. 

EARNINGS: annual earnings are estimated to climb 63% this year.  The EPS growth rate is 48%, the ROE is 17%, and the earnings stability rating is 12.  All very strong. Quarterly EPS last quarter was only up 14% (-.25) while sales were very strong at 148%.  9 so far. 

GROUP: currently ranked 123 (-1) takes us down to 8. 

OWNERSHIP: fund ownership rose the last 2 quarters and has been trending higher over the last several.  Management holds 1% of shares and there are 8 top funds in CTRX. 

OVERALL: 8

BASE/CHART: ILMN closed below the 10wk line this week and is 4% below the pivot. It had formed a 1st stage cup w/ handle that is 42wks long, 32% deep, and has a 15% handle that has wedged up along it’s lows (-1)There are more up than down weeks and there’s a dryup in vol at the bottom of the base but this doesn’t compensate for the flawed handle. 9 so far. 

EARNINGS: annual earnings are projected to rise 11% in 2013 (-.25).  The ROE is 15% and the EPS growth rate is 17%, both of which are weaker than what we’d like to see. (-.25). The earnings stability rating of 10 is strong, and while the most recent quarterly earnings and sales are strong, the prior 2 quarters were weaker than what I’d like to see. (-.5).  8 so far. 

GROUP: currently ranked 45 (-.25).  7.75 so far. 

OWNERSHIP: fund ownership has begun to rebound over the past 3 quarters but is down significantly from is June 2011 peak. There are presently 3 top funds in ILMN. Management holds 4% of shares.

OVERALL: 7.75

BASE/CHART: PII has formed a base on base pattern with the new base being a 2nd stage flat base that is 12wks long, 12% deep and has a $89.83 pivot.  There are 7 up weeks vs 5 down weeks in the base.  8 of the 12 weeks closed above the 10wk line and there appears to be strong accumulation within the base.  The RS line is rising but the RS rating of 77 is slightly below the 80+ I like to see on a breakout (-.1) 9.9 so far. 

EARNINGS: annual earnings are estimated to rise 18% this year (-.25) The EPS growth rate is 21% (-.25) while the ROE is stellar at 52% and the earnings stability rating is strong at 15.   Quarterly EPS is very strong but quarterly sales have declined and are below the 25% I like to see (-.5) 8.9 so far. 

GROUP: currently ranked 114 (-1) brings us down to 7.9

OWNERSHIP: fund ownership rose last quarter but has been inconsistent over the past year (-.25).  Management holds 3% of shares and there are 3 top funds in PII. 

OVERALL: 7.65