Top 10 List as of 06/09/2013

Written by MichaelGLamothe on . Posted in Top 10 List

It’s good to be back and doing these routines again.  This week’s Top 10 turned up quite a few strong candidates in bases with an average rating of 9.14 across a wide range of industry groups and sectors.  What I found even more interesting were the number of stocks that successfully tested key support areas such has the 10wk line, pivot points, and other areas of short term support.  Those are listed in this weeks “Ready List Stocks not making the Top 10.”

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 EPS Due Date Notes
1 9.75

PERI

PERI Weekly 06-09-13

Perion Networks Ltd 08-08-2013

BASE/CHART: PERI has formed a 2nd sage cup that is 37% deep (-.5) (shouldn’t correct more than 35%) 15wks long, and has a $13.10 pivot. There are 8wks up & 7wks down. There are also 8wks above & 7wks below the 10wk line. Vol grew on the rt side of the base. PERI broke out, fell below the pivot, tested the 10wk line, found support, and is back above the pivot.  The RS line is trending up & the RS rating is 98. 9.5 so far.

EARNINGS: annual earnings are estimated to rise 71% this year. The EPS growth rate is 32%, the ROE is 24% but the earnings stability rating is 38 (-.2)  Quarterly EPS and sales are very strong and have both accelerated over the past several quarters (+.5).  9.8 so far.

GROUP: currently ranked 11

OWNERSHIP: fund rose the last 2 quarters.  Mgt holds 7% of shares and there are no top funds in PERI (-.05). 

OVERALL: 9.75

 

2 9.55

SSNC

SSNC Weekly 06-09-13

S S & C Technologies 08-09-2013

BASE/CHART: SSNC gets (-.1) for 50-day avg vol below 400k/day SSNC is presently working on a 2nd stage flat base that is 5wks lone, 11% deep, and has a $34.44 pivot.  There are 2wks down & 3wks up. SSNC has held the 10wk line through out the base so far and has just formed a 3wks tight.  The RS line is rising and the RS rating is 84.  9.9 so far.

EARNINGS: annual earnings are estimated to rise 31% this year.  The EPS growth rate is 51%, the earnings stability rating is 25, and the ROE is 11% (-.1).  Quarterly EPS and sales are very strong and have both accelerated over the past several quarters (+.5) takes us to 10.3

GROUP: currently ranked 97 (-.75) takes us down to 9.55

OWNERSHIP: fund ownership rose last quarter.  There are 2 top funds in SSNC and mgt holds 22% of shares.

OVERALL: 9.55

 

3 9.45

KORS

 KORS Weekly 06-09-13

Michael Kors Hldgs Ltd 08-14-2013

BASE/CHART: KORS has formed and broke out of a 1st stge cup w/ handle that is 14wks long, 21% deep, and has an 8% handle.  There are 7wks up vs 7 down in the base and 7wks above and 7 below the 10wk line.  KORS formed a 3wks tight in the handle.  The RS line has been flat for the past 9 months and the RS rating is 78 (-.1)  9.9 so far.

EARNINGS: annual earnings are estimated to rise 30% next year.  The EPS growth rate is 71%, the ROE is 53% and the earnings stability is 67 (-.2).  Quarterly EPS and sales are outstanding, well above the 25% min I like to see.  9.7 so far.

GROUP: currently ranked 59 (-.25) takes us down to 9.45

OWNERSHIP: fund ownership has steadily risen since inception.  Mgt holds 9% of shares and there are 8 top funds in KORS.

OVERALL: 9.45

 

4 9.05

HLSS

 HLSS Weekly 06-09-13

Home Loan Servicing Slt 07-12-2013

BASE/CHART: HLSS formed and is attempting to break out of a 2nd stage flat base that is 8wks long, 12% deep, and has a $24.09 pivot.  There are 4wks up and 4wks down with 4wks above & below the 10wk line. The RS line appears to be strengthening and the RS rating is 87.  10 so far.

EARNINGS: annual earnings are estimated to rise 52% this year.  The EPS growth rate and earnings stability rating are n/a but the ROE is only 6% (-.1).  Quarterly EPS and sales are very strong.  9.9 so far.

GROUP: currently ranked 94 (-.75) takes us down to 9.15

OWNERSHIP: fund ownership has risen the past 4 quarters.  There are 2 top funds in HLSS.  Mgt ownership is n/a (-.1)

OVERALL: 9.05

 

5 9

NSR

 NSR Weekly 06-09-13

Neustar Inc 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 16.

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

OVERALL: 9 

 

6 9

GWR

 GWR Weekly 06-9-13

Genesee & Wyoming Inc 07-29-2013

BASE/CHART: GWR is presently working on a 2nd stage cup w/ handle that is 12wks long, 16% deep, and has a 9% handle.  The pivot is $93.61.  There are 6wks up & 6wks down in the base and 6 are above & below the 10wk line.  The handle formed a 3wk tight along the 10wk line.  The RS line is trending lower but may be bottoming out.  The RS rating is 80.  10 so far.

EARNINGS: annual earnings are estimated to rise 76% this year.  The EPS growth rate is 17% (-.15), the earnings stability is 10, and the ROE is 11% (-.1)  Quarterly EPS and sales are both strong.  9.75 so far.

GROUP: currently ranked 82 (-.75) takes us down to 9.

OWNERSHIP: fund ownership has risen the past 7 quarters.  Mgt holds 3% of shares and there are 6 top funds in GWR.

OVERALL: 9

 

7 9

COG

 COG Weekly 06-09-13

Cabot Oil & Gas Corp 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.  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 127% 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 99 (-.75) takes us down to 9.

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

OVERALL: 9

 

8 8.9

DNKN

 DNKN Weekly 06-09-13

Dunkin’ Brands Group Inc 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 tested and found strong support at the 10wk line.  There 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 79 (-.1) 9.65 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) 8.9 so far.

GROUP: currently ranked 13. Still 8.9

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

OVERALL: 8.9

 

9 8.85

GOOG

 GOOG Weekly 06-09-13

Google Inc 07-19-2013

BASE/CHART: GOOG broke out of a 1st stage cup that is 7wks long, 10% deep, and has a $844 pivot. There are 4wks down & 3wks up in the base (-.25) GOOG retested the pivot and the 10wk line this week and received support which is constructive, The RS line is moving up overall and the RS rating is 79 (-.1). 9.65 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 26

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

 

10 8.85

SMTC

 SMTC Weekly 06-09-13

Semtech Corporation 08-22-2013

BASE/CHART: SMTC broke out of a 1st stage cup that is 6wks long, 17% deep, and has a $35.50 pivot.  (-.5) for being V shaped (cups should have more of a U shape to wear out weak holders).  There are 2wks down vs 4wks up. The RS line appears to be strengthening and the RS rating is 82.  9.5 so far. 

EARNINGS: annual earnings are estimated to rise 27% this year.  The EPS growth rate is 20% (-.15) the ROE is 17% and the earnings stability rating is strong at 22.  Quarterly EPS and sales are strong and have accelerated in recent quarters (+.5) 9.85 so far.

GROUP: currently ranked 103 (-1) takes us down to 8.85

OWNERSHIP: fund ownership has risen the past 7 quarters.  There are 5 top funds in SMTC and mgt holds 3% of shares.

OVERALL: 8.85

 

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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