Ready List Stocks not in the “Top 10″ as of 02/16/2013

BASE/CHART: WAC has now formed a 3rd stage (-.25) base on base pattern with the latest base being a flat base that is 5wks long, 14% deep, and has a $49.67 pivot.  There are 3wks up and 2wks down.  The base has shown support at the 10wk line and there has been more vol to the upside.  The RS line is close to a new high and the RS rating is very strong at 98.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 122% this year.  The EPS growth rate is strong at 51% but the earnings stability rating is weak at 64 (-.2) and the ROE is weak at 8% (-.1).  Quarterly earnings are strong but quarterly sales are below 25% (-.25) 9.2 so far.

GROUP: currently ranked 5

OWNERSHIP: fund ownership has rose last quarter and management holds 7% of shares. 

OVERALL: 9.2

BASE/CHART: GNRC broke out of a 2nd stage cup w/handle as seen on a daily chart that is 12wks long, 19% deep and has a 4% handle.  The pivot is$37.22. On the weekly it’s formed a 3rd stage cup with a $39.18 pivot.  There are 8wks 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 making new highs and the RS rating is very strong at 94.   (also note symmetry to prior base) GNRC did show a sell signal on earnings, a large price% on HV. It did get support at the 10wk line. (-.25) for sell signal post b/o. 9.75 so far

EARNINGS: annual earnings are estimated to drop 2% this year (-.25). The EPS growth rate is very strong at 98% 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 14% last quarter (-.25). 9.05 so far.

GROUP: currently ranked 38. 

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

OVERALL: 9.05

BASE/CHART: RGR formed and broke out of a 4th stage (-.5) cup with handle that is 9wks long, 28% deep, and has a 6% handle.  The pivot is at $53.12  There are 4wks down vs 5wks up.  I see 3 solid wks of accumulation including the bottom of the base where it closed below the 10wk ling but above the 40wk line.  That wk closed in the top half of it’s range on very high volume which is a sign of accumulation.  The RS line is rising that the RS rating is 83.  9.5 so far.

EARNINGS: annual earnings are estimated to decline 2% this year (-.25)  The EPS growth rate and ROE are both very strong but the earnings stability rating is poor at 56 (-.2).  Quarterly EPS and sales are both very strong.  9.05 so far. 

GROUP: currently ranked 30

OWNERSHIP: fund ownership has risen for 2 straight quarters.  MGT holds 4% of shares.  There are no top funds in RGR (-.05) 

OVERALL: 9

BASE/CHART: JAZZ formed a 1st stage cup w/ handle that is 18wks long, 21% deep w/ 4% handle.  The pivot is at $57.99 pivot.  There are only 7 up weeks vs 11 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 73 which is low for a b/o (-.1).  Also notable is the 3wks tight in the handle 9.65 so far. 

EARNINGS: annual earnings are estimated to rise 21% 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.  9.4 so far. 

GROUP: currently ranked 87 (-.75) 8.65 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: 8.6

BASE/CHART: I’m not sure what’d you call the base KORS formed, perhaps a cup w/ high handle though the vol is up in the handle, not a good quality in a handle. I’d consider a pivot at $60.00 but would look at an actionable range the daily price range of the gap up on 2/12 $61.22-$64.80.  There are 5wks down vs 8wks up and the majority of weeks closed above the 10wk line. The highest vol in the base came on the left side and showed support at the 10wk line.  The RS line is now making new highs and the RS rating is 9.  (-.25) for the awkward base. Also notable is KORS weekly close near the top of it’s range on the highest vol in it’s history. 9.75 so far. 

EARNINGS:  Annual earnings are estimated to rise 113% this year.  The EPS growth rate and ROE are both strong at 58% and 57% respectively.  The earnings stability rating is weak at 73 (-.2).  Quarterly EPS and sales are very strong 9.55 so far. 

GROUP: currently ranked 134 (-1) 8.55 so far. 

OWNERSHIP: fund ownership has risen dramatically since it’s inception.  Mgt holds 36% of shares and there are 7 top funds in it. 

OVERALL: 8.55*

BASE/CHART: DGI formed and broke out of a 2nd stage flat base that is 9wks long, 13% deep, and has a $27 pivot 6 weeks ago.  It has since come back within 5% of the pivot and bounced off the 10wk line.  There are 6wks up vs 9wks down and DGI did a good job of holding the 10wk line throughout the base.  The RS line is rising and the RS rating is 92.  10 so far.

EARNINGS: annual earnings are estimated to rise 74% this year.  Since prior years earnings were unstable, the EPS growth rate, ROE, and earnings stability ratings are all n/a (-.45)   Quarterly EPS and sales are strong.  9.55 so far. 

GROUP: currently ranked 104 (-1) 8.55 so far. 

OWNERSHIP: fund ownership is recovering from a steady decline and has risen the past 3 quarters.  Management holds 4% of shares and there is 1 top fund in DGI. 

OVERALL: 8.55

BASE/CHART: FAF broke out of a 2nd stage flat base that is 10wks long and 12% deep and has a $24.98 pivot.  It has since tripped the 8% sell rule intra-week but rebounded on high volume to close near the 10wk line.  It’s now just above the 10wk line.  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 curving back up and the RS rating remains strong at 87. 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 102 (-1) 8.45 so far. 

OWNERSHIP: fund ownership has risen for 3 straight quarters.  There is 1 top fund in FAF and management holds 5% of shares. 

OVERALL: 8.45

BASE/CHART: SHW broke out of a 2nd stage flat base on avg vol, returned to the pivot, and received support on HV.  The base is 5wks long and 8% deep and has a $159.80 pivot.  There are 3wks down and 2wks up (-.25).  SHW has done a fair job of holding above the 10wk line in this most recent base.  The RS line is still rising but appears to be flattening a little. The RS rating is good at 85.  Also notable is SHW has just formed a 4wks tight 9.75 so far. 

EARNINGS: annual earnings are projected to rise 20% this year (-.25)  The EPS growth rate is only 6% (-.15) while the ROE is strong at 41% and the Earnings stability rating is strong at 12.  Quarterly EPS is strong but quarterly sales are not robust (I like to see 25% of higher) (-.25).  9.1 so far. 

GROUP: currently ranked 84 (-.75) 8.35 so far

OWNERSHIP: fund ownership has risen the past 5 quarters.  Management holds 3% of shares and there are 3 top funds in SHW. 

OVERALL: 8.35 

BASE/CHART: TRIP attempted to breakout of a 2nd stage cup with handle again this week that is 28wks long 40% deep with a 13% handle.  The pivot is at $47.00  (-.5) for being too deep and another (-.2) off for reversing on high vol and tripping the 8% sell rule.  There are 14wks down vs 14wks up.  The RS line is rising and the RS rating is 79.  9.25 so far. 

EARNINGS: annual earnings are projected to rise 14% in 2013 (-.25)  The ROE of 48%, EPS Growth rate of 30%, and earnings stability rating of 7 are all very strong.  Quarterly EPS and sales, however, are both weaker than the 25% I’d like to see (-.5).  8.5 so far. 

GROUP: currently ranked 58 (-.25) brings us to 8.25 

OWNERSHIP: fund ownership rose the past 2 quarters.  There are 5 top funds in TRIP and management owns 16% of shares. 

OVERALL: 8.25

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 . It has since returned to the pivot and is resting near the 10wk line. In the base  5ks are below the 10wk line (-.5) but there is tightness along the bottom and the decline has come in mostly lower volume.  6 of the 9 wks are down weeks (-.25).  The RS line is rising and the RS rating is 87.  9.25 so far. 

EARNINGS: annual earnings are estimated to rise 4% this year (-.25)  The EPS growth rate is very strong at 92% but the ROE is relatively weak at 13% (-.1).  The earnings stability rating is weak as well at 46 (-.2).  Quarterly EPS is below 25% (-.25) and slowed over the past 2 quarters (-.25).  8.2 so far. 

GROUP: currently ranked 112 (-1) takes us down to 7.2

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

OVERALL: 7.2