Ready List Stocks not in the “Top 10″ as of 06/23/2013

Written by MichaelGLamothe on . Posted in Ready List

I thought I’d try something new this week, please let me know your thoughts good, bad, or indifferent.  I’ve added the new sector column (just I have in the Top 10 and in the Universe List) and in the Ready List not in the “Top 10″ I’m including a similar sector chart to that of the Universe List.  The Sector Chart below shows all of the sectors from the full ready list (combines both the “Top 10″ and “Ready List not in the Top 10″) and how many stocks there are presently in each sector.  I personally find it useful to see which sectors are providing the greatest amount of potential setups from high quality stocks as I may wish to focus additional attention there.  Please let me know what you think and also let me know if you see additional applications or other ways to enhance this.  I want to provide everyone with the best, most useful tool possible so your feedback is very much appreciated.

None of these stocks or ratings should be misconstrued as recommendations to buy, sell, or hold.  They are presented here for educational and demonstrative purposes only.  All ratings are based on my Stock Evaluation Guide and the charts/data provided by MarketSmith

Rank Rating Symbol Name Sector EPS Due Date Notes
11 9

NSR

NSR Weekly 06-22-2013

Neustar Inc TELECOM 07-26-2013

BASE/CHART: NSR broke out of a 1st stage flat base that is 13wks long, 11% deep, and has a $47.24 pivot.  There are 7 down wks vs 6 up wks in the base (-.25) though all of the down wks (less 1) show signs of support.  The RS line appears to be fighting it’s way higher and the RS rating is 78 (-.1).  9.65 so far.

EARNINGS: annual earnings are estimated to rise 12% this year (-.25).  The EPS growth rate is 20% (-.15), the earnings stability rating is 10, and the ROE is 36%.  Quarterly EPS is strong but quarterly sales were below 25% in the most recent quarter (-.25)  9 so far.

GROUP: currently ranked 8.

OWNERSHIP: fund ownership has risen the past 6 quarters.  There is 1 top fund in NSR and mgt holds 2% of shares.

OVERALL: 9 

 

12 9

DNKN

DNKN Weekly 06-22-2013

Dunkin’ Brands Group Inc RETAIL 07-26-2013

BASE/CHART: DNKN broke out of a 1st stage flat base that is 13wks long, 11% deep, and has a $40.00 pivot.  There is tightness in the base and it has held up well above the 10wk line.  This week, it reversed on elevated vol but the RS line continued to rise (a sign of strength in a weakening mkt)  There are 7wks down vs 6 up in the base (-.25) Each down week, however, has found support while closing high in it’s range.  The RS line is rising and the RS rating is 82 9.75 so far. 

EARNINGS: annual earnings are estimated to rise 20% this year (-.25)  The EPS growth rate is 58%, earnings stability is 15, and the ROE is 27%, all strong.  Quarterly EPS and sales, however, are well below the 25% I look for. (-.5) 9 so far.

GROUP: currently ranked 10. Still 9

OWNERSHIP: fund ownership has risen the past 4 quarters.  Management presently holds 2% of shares and there are 3 top funds in DNKN. 

OVERALL: 9

 

13 9

CAB

CAB Weekly 06-22-13

Cabelas Inc RETAIL 07-22-2013

BASE/CHART: CAB is presently working on a 3rd stage (-.25) flat base that is 5wks long, 10% deep, and has a $72.54 pivot.  There are 4wks down & 1wk up in the base (-.25) and 2 of the 4 down weeks are in strong vol.  The 10wk line has held so far.  The RS line is close to new high ground and the RS rating is 91.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 26% this year.  The EPS growth rate is 20% and the ROE is 15%. Both of which are slightly lower than what I like to see but compared to others in its group, it is positive.  The earnings stability rating is 9.  Quarterly EPS and sales are quite strong.  Still 9.5

GROUP: currently ranked 38

OWNERSHIP: fund ownership actually declined in the most recent quarter (-.5).  Mgt holds 34% of shares and there are 2 top funds in CAB.

OVERALL: 9

 

14 8.85

GOOG

GOOG Weekly 06-22-2013

Google Inc INTERNET 07-19-2013

BASE/CHART: GOOG is working on a 1st stage flat base that is 5wks long, 8% deep, and has a $920.60 pivot.  There are 3wks down & 2wks up in the base (-.25)  There was some support along the 10wk line and there is 5wks of tight closes.  The RS line is as new highs and the RS rating is decent at 83.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 15% this year (-.25) The EPS growth rate is 21% (-.15) The earnings stability rating is 4 and the ROE is 20%, both strong.  The quarterly EPS is lower than the 25% I like to see, but has accelerated so I’ll call it a wash. Quarterly sales are strong. 9.35 so far.

GROUP: currently ranked 29

OWNERSHIP: fund ownership has risen the past 4 quarters. Mgt holds 0% of shares (-.5) and there are 11 top funds in GOOG.

OVERALL: 8.85

 

15 8.8

SSYS

SSYS Weekly 06-22-13

Stratasys Ltd MACHINE 07-29-2013

BASE/CHART: SSYS has attempted to break out of a 4th stage (-.5) cup w/ handle that is 16wks long, 35% deep, and has a 7% handle 3 times and failed.  It has managed to close relatively close to the 10wk line each time.  There are 9wks down and 7wks up (-.25).  There are 7wks below the 10wk line and 9wks above.  It appears SSYS is getting support near the 40wk line in the base.  The RS line is lagging, not a positive, and the RS rating is decent at 87.  9.25 so far.

EARNINGS: annual earnings are estimated to rise 36% this year.  The EPS growth rate is 22% (-.15) the ROE is 4% (-.1) and the Earnings stability rating is 42 (-.2)  Quarterly EPS is strong and Quarterly Sales are strong and have accelerated (+.25) 9.05 so far.

GROUP: currently ranked 49 (-.25) takes us down to 8.8

OWNERSHIP: fund ownership has risen for 5 straight quarters.  Mgt holds 4% of shares and there are 4 top funds in SSYS.

OVERALL: 8.8

 

16 8.75

COG

COG Weekly 06-22-13

Cabot Oil & Gas Corp ENERGY 07-24-2013

BASE/CHART: COG formed and broke out of a 3rd stage (-.25) flat base that is 6wks long, 11% deep, and has a $71.39 pivot.  That breakout failed and COG is now below the 10wk line.  There are 4wks down vs 2wks up (-.25).  COG has found support along the 10wk line and has recently completed a 3wks tight.  The RS line is rising and the RS rating is 94.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 129% this year.  The EPS growth rate is -12% (-.15), the earnings stability rating is 20, and the ROE is 7% (-.1)  Quarterly EPS & sales are both very strong and have accelerated the past several quarters (+.5) 9.75 so far.

GROUP: currently ranked 108 (-1) takes us down to 8.75.

OWNERSHIP: fund ownership has risen the past 5 quarters.  Mgt currently holds 2% of shares & there are 4 top funds in COG.

OVERALL: 8.75

 

17 8.55

ICLR

 ICLR Weekly 06-23-13

ICON plc MEDICAL 07-24-2013

BASE/CHART: ICLR formed what pattern rec picked up as a 2nd stage cup w/ hand that is 6wks long (-.5), 14% deep, and has a 6% handle.  Cups should be U shaped and this one clearly isn’t (-.5).  However, 5 of the 6 wks are up wks and the RS line is moving into new high ground.  The RS rating is strong at 87.  9 so far.

EARNINGS: annual earnings are estimated to rise 56% this year.  The EPS growth rate, earnings stability rate, and ROE are all poor (-.45).  Quarterly EPS and sales, however, are quite strong in recent quarters.  8.55 so far.

GROUP: currently ranked 15

OWNERSHIP: fund ownership has risen the past 3 quarters.  Mgt holds 5% of shares, and there is 1 top fund in ICLR.

OVERALL: 8.55

 

18 8.5

UTHR

 UTHR Weekly 06-22-2013

United Therapeutics Corp MEDICAL 07-29-2013

BASE/CHART: UTHR is presently working on another 1st stage flat base (it’s 1st stage because it failed to move up 20% from it’s prior base) that is 5wks long & 10% deep w/ a $69.65 pivot. The base has 3wks down & 2 up so far (-.25).  All of the weeks in the base have come on low vol.  There is some tightness in the left side of the. Over the past 6 months the RS line has trended higher.  I’d look for the RS rating of 72 to improve prior to breaking out.  9.75 so far.

EARNINGS: annual earnings are estimated to rise only 4% this year (-.25).  The EPS growth rate of 125% and the ROE of 30% are outstanding. The earnings stability rating of 34 is a little high (-.2).  Quarterly EPS last quarter was negative (-.25) while quarterly sales grew at roughly the same rate 20-25% it has the past several quarters. 9.05 so far.

GROUP: currently ranked 6

OWNERSHIP: fund ownership has actually decelerated the past 2 quarters (-.5).  Mgt holds 8% of shares but there are no top funds in UTHR (-.05). 

OVERALL: 8.5

 

19 8.45

RPXC

RPXC Weekly 06-22-13

R P X Corporation ELECTRNCS 07-31-2013

BASE/CHART: RPXC recently broke out of a 1st stage flat base that is 5wks long, 9% deep, and has a $15.94 pivot.  There are 3wks up vs 2wks down in the base, here is tightness in the base and support along the 10wk line.  The RS line is trending up and showing strength, and the RS rating is 87.  10 so far.

EARNINGS: annual earnings are estimated to rise 9% this year (-.25) The EPS growth rate is 122%, but the earnings stability rating is 47 (-.2) and the ROE is a little low at 14% (-.1)  Quarterly EPS and sales, however, are quite strong.  9.45 so far.

GROUP: currently ranked 122 (-1) takes us down to 8.45

OWNERSHIP: fund ownership rose last quarter.  Mgt holds 39% of shares and there is 1 top fund in RPXC. 

OVERALL: 8.45

 

20 8.25

RMD

RMD Weekly 06-22-13

Resmed Inc MEDICAL 08-01-2013

BASE/CHART: RMD is presently working on a 2nd stage flat base that is 6wks long, 13% deep, & has a $51.40 pivot.   So far the base appears to have wide & loose weekly closes (-.5) There are 4wks down and 2wks up in the base (-.25) and the strongest volume came on a week that broke the 10wk line.  RMD did retake the 10wk line in strong vol this week however.  The RS line is relatively flat and the RS rating is 83.  9.25 so far.

EARNINGS: annual earnings are estimated to rise 17% this year (-.25) The EPS growth rate is 25%, the earnings stability rating is 8, and the ROE is 17%, all good. Quarterly EPS is strong but quarterly sales are below the 25% I prefer to see (-.25) 8.75 so far.

GROUP: currently ranked 61 (-.5) takes us down to 8.25

OWNERSHIP: fund ownership has risen the past 4 quarters.  Mgt holds 6% of shares and there is 1 top funds in RMD. 

OVERALL: 8.25

 

21 8.15

PII

PII Weekly 06-22-13

Polaris Industries Inc LEISURE 07-24-2013

BASE/CHART: PII has formed a 2nd stage flat base that is 16wks long, 12% deep, and has a $93.89 pivot.  There are 7wks down and 9 up.  There are 8wks above and below the 10wk line.  The rt side of the base shows strong accumulation and support along the 40wk line.  The RS line is turning up but the RS rating is only 70 (-.1) 9.9 so far.

EARNINGS: annual earnings are estimated to rise 19% this year (-.25) The EPS growth rate is 26%, the earnings stability rating is 15, and the ROE is 52%, all strong.  Quarterly EPS is strong but has decelerated the past several quarters (-.25).  Quarterly sales are below 25% and are decelerating as well (-.5).  8.9 so far.

GROUP: currently ranked 89 (-.75) takes us down to 8.15

OWNERSHIP: fund ownership has risen the past 3 quarters.  There are two top funds in PII and mgt holds 3% of shares. 

OVERALL: 8.15

 

22 8.05

GNRC

 GNRC Weekly 06-23-13

Generac Hldgs Inc MACHINE 07-29-2013

BASE/CHART: GNRC formed and broke out of a 3rd stage (.25) cup w/ handle that is 15wks long, 22% deep, and has a 9% handle.  There are 7wks down and 8 up in the base but 9 are below the 10wk line (-.5).  The RS line is trending higher and the RS rating is 94.  9.25 so far.

EARNINGS: annual earnings are estimated to rise 8% (-.25)  The EPS growth rate is 91%, the ROE is 36%, but the earnings stability rating is only 64 (-.2).  Quarterly EPS and sales are strong.  8.8 so far.

GROUP: currently ranked 90 (-.75) takes us down to 8.05

OWNERSHIP: fund ownership has risen the last 2 quarters.  Mgt holds 3% of shares and there are 2 top funds in GNRC.

OVERALL: 8.05

 

23 7.8

DDD

DDD Weekly 06-22-13

Three D Systems Corp MACHINE 07-26-2013

BASE/CHART: DDD has formed a 4th stage (-.5) cup shaped based that is 15wks long, 42% deep (-.5) and has a $48.01 pivot.  DDD has broken out and failed 3 times so far (similar action was displayed on it’s prior run).  There are 8wks down vs 7 up (-.25) and 8wks are below the 10wk line (-.5).  The RS line is rising and the RS rating is 96 8.25 so far.

EARNINGS: annual earnings are estimated to rise 28% this year.  The EPS growth rate is 174%, the ROE is 18%, but the earnings stability rating is 81 (-.2)  Quarterly eps and sales are okay.  8.05 so far.

GROUP: currently ranked 49 (-.25) takes us down to 7.8

OWNERSHIP: fund ownership has risen the past 5 quarters.  There is 1 top fund in DDD and mgt holds 10% of shares.

OVERALL: 7.8

 

24 7.3

OPEN

OPEN Weekly 06-22-13

Opentable Inc COMPUTER 08-02-2013

BASE/CHART: OPEN has formed a 3rd stage (-.25) cup shaped base that is 7wks long, 16% deep, and has a $65.00 pivot.  There are 4wks down & 3wks up in the base (-.25).  There are 5wks above the 10wk line.  Vol was very strong on the breakout week.  The RS line is rising and the RS rating is 88.  9.5 so far.

EARNINGS: annual earnings are estimated to rise 14% this year (-.25) The EPS growth rate is 62%, the ROE is 28%, and the earnings stability rating is 63 (-.2).  Quarterly EPS and sales are below the 25% I like to see (-.5) 8.55 so far.

GROUP: currently ranked 94 (-.75) takes us down to 7.8

OWNERSHIP: fund ownership declined in the most recent quarter (-.5).  There are 2 top funds in OPEN and mgt holds 5% of shares.

OVERALL: 7.3

 

   

DORM

DORM Weekly 06-22-2013 

Dorman Products Inc AUTO 07-29-2013 3 weeks tight
   

BCOR

BCOR Weekly 06-22-13

Blucora Inc INTERNET 07-26-2013 3 weeks tight
   

YY

YY Weekly 06-22-13 

YY Inc Ads INTERNET 07-28-2013 3 weeks tight
   

HBI

HBI Weekly 06-22-13

Hanesbrands Inc APPAREL 07-31-2013 3 weeks tight + pull back to the 10 week line.
   

ASGN

ASGN Weekly 06-22-13

On Assignment Inc BUSINS SVC 07-22-2013 3 weeks tight + pull back to the 10 week line.
   

V

V Weekly 06-22-13

Visa Inc Cl A FINANCE 07-22-2013 3 weeks tight + pull back to the 10 week line.
   

MA

MA Weekly 06-22-13

Mastercard Inc Cl A FINANCE 08-01-2013 3 weeks tight + pull back to the 10 week line.
   

CREE

CREE Weekly 06-22-13

Cree Inc CHIPS 08-07-2013 Pull back to the 10wk line
   

LOPE

LOPE Weekly 06-22-13

Grand Canyon Education CONSUMER 08-05-2013 Pull back to the 10wk line
   

TRIP

TRIP Weekly 06-22-2013

TripAdvisor Inc LEISURE 07-24-2013 Pull back to the 10wk line
   

SBGI

SBGI Weekly 06-22-2013

Sinclair Broadcast Group MEDIA 08-01-2013 Pull back to the 10wk line
   

SNTS

SNTS Weekly 06-22-13

Santarus Inc MEDICAL 08-07-2013 Pull back to the 10wk line
    WYNN Wynn Resorts Ltd LEISURE 07-17-2013 Removed from Ready List due to A/D rating below C
    LAD Lithia Motors Inc Cl A RETAIL 07-26-2013 Removed from Ready List due to A/D rating below C
    WLK Westlake Chemical Corp CHEMICAL 07-29-2013 Removed from Ready List due to Industry Group Rank below 125
    EXR Extra Space Storage Inc REAL EST 07-30-2013 Removed from Ready List due to Industry Group Rank below 125
    TNGO Tangoe Inc SOFTWARE 08-08-2013 Removed from Ready List due to RS rating below 70

None of these stocks or ratings should be misconstrued as recommendations to buy, sell, or hold.  They are presented here for educational and demonstrative purposes only.  All ratings are based on my Stock Evaluation Guide and the charts/data provided by MarketSmith

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MichaelGLamothe

Founder of ChartYourTrade.com

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