Ready List Stocks not in the “Top 10″ as of 03/09/2013

BASE/CHART: INGR is working on a 2nd stage flat base that is 7wks long, 11% deep, and has a $70.42 pivot.  There are 2wks down and 5wks up.  There is tightness in the base but needs to show more accumulation on the right side.  The RS line is turning up but the RS rating is only 71.  This needs to improve prior to breaking out.  10 so far.

EARNINGS: annual earnings are estimated to rise 5% this year (-.25)  The EPS growth rate is 16% (-.15), the earnings stability rating is 23, and the ROE is 19% which is strong.  Quarterly EPS is strong but quarterly sales are well below the 25% I look for (-.25)  9.35 so far.

GROUP: currently 81 (-.75) takes us down to 8.6

OWNERSHIP: fund ownership has risen the past 2 quarters but has been inconsistent over the past 2 years (-.25)  Management holds 1% of shares and there are no top funds in INGR (-.05)

OVERALL: 8.3

BASE/CHART: right off the bat (-.25) for being very thinly traded at only 268k 50day avg vol. (I prefer 400k min) DORM attempted to break out of a 2nd stage flat base & tripped the 8% sell rule.  It’s base is 5wks long, 9% deep and has a $37.19 pivot.  There are 2 up weeks and 3 down weeks but DORM has held the 10wk line throughout the base and even held close to it after the b/o failed. The highest weekly vol in the base was a down week that finished in the upper middle of it’s range.  Additionally, most weeks in the base finished near the top of the range so I’ll give it a pass. The RS line is trending higher and the RS rating is 90.  9.75 so far. 

EARNINGS: annual earnings are estimated to rise 20% this year (-.25) The EPS growth rate, ROE and earnings stability ratings are all very strong.  Quarterly EPS and sales both slowed in the most recent quarter (-.5) 9 so far.

GROUP: currently ranked 82 (-.75) 8.25 so far

OWNERSHIP: fund ownership has  risen for 6 straight quarters. Mgt holds 21% of shares but there are not top funds in DORM (-.05) 

OVERALL: 8.2

BASE/CHART: SNI is presently working on a 1st stage saucer that is 20wks long, 16% deep, and has a $66.33 pivot.  There are 10wks up and 10wks down but there are 11wks below the 10wk line and 9 above so far (-.5).  The heaviest volume in the base came on a down week (2/8) but it closed in the top half of it’s range which is a sign of accumulation.  The RS line has been relatively flat since May of last year and the RS rating is 71.  This will need to improve prior to breakout.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 10% this year (-.25)  The eps growth rate is 17% (-.15) but the earnings stability of 6 and the ROE of 29% is strong.  Quarterly EPS and sales are lower than the 25% I look for (-.5)  8.6 so far.

GROUP: currently ranked 78 (-.5) brings us to 8.1

OWNERSHIP: fund ownership has risen the past 4 quarters.  Mgt holds 29% of shares and there is 1 top fund in SNI.

OVERALL: 8.1

BASE/CHART: V has formed a 3rd stage (-.25) flat base that is 8wks long, 5% deep and has a 162.77 pivot.  It has formed a 5wks tight in the base and has held the 10wk line throughout the base.  The recent declining vol in the base is something to take note of but not something I’m taking points off for.  There are 4wks up vs 4wks down.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 18% this year (-.25)  The EPS growth rate, earnings stability rating, and ROE are all strong.    Quarterly EPS and Sales are slightly below the 25% levels I look for.  (-.5).  9 so far.

GROUP: currently ranked 108 (-1)  8 so far.

OWNERSHIP: fund ownership has risen for 7 straight quarters.  There are 5 top funds in V but management holds 0% of shares (-.5) 

OVERALL: 7.5

BASE/CHART: MA has formed another 3rd stage (-.25) flat base that is 6wks long, 5% deep, and has a $535.35 pivot.  It is considered another 3rd stage base because it did not rise 20% or greater from the previous base so the count remains the same.  There are 3wks down vs 3wks up. The RS line is rising overall but the RS rating needs to improve prior to b/o (currently 73).  9.75 so far.

EARNINGS: annual earnings are estimated to rise 15% this year. (-.25) The EPS growth rate, earnings stability rating, and ROE are all strong.  Quarterly EPS and sales, however, both fall below the 25% I look for (-.5) 9 so far.

GROUP: currently 105 (-1) takes us down to 8.

OWNERSHIP: fund ownership rose last quarter.  There are 10 top funds in MA but management holds 0% of shares.  (-.5)

OVERALL: 7.5