Top 10 List as of 06/22/2013

Written by MichaelGLamothe on . Posted in Top 10 List

This week’s top 10 actually has some decent looking setups from some highly rated stocks.  I’ve also added a new feature to the Top 10, a column showing the sector the stock is in.  This week, there is wide breadth of sectors making the Top 10.  An interesting comparison would be looking at the sectors in the Top 10 vs those in the table in the “Universe List” this week.  Should the market find it’s footing and put in a follow through day, it’s important to be ready with a list of stocks you may wish to act upon.  While none of these stocks are meant to be recommendations and are presented here for educational and demonstrative purposes only, they are the results of my weekend routine and ones I will look to act upon first should the market have a follow through day.  As mentioned throughout this week’s “State of the Market” post, however, I would be highly skeptical of any follow through day so soon after the dramatic drop the market suffered this week.

Note that 8 of the 10 stocks listed are showing flat bases.   

Rank Rating Symbol Name Sector EPS Due Date Notes
1 9.8

OII

 OII Weekly 06-22-13

Oceaneering Intl Inc ENERGY 07-24-2013

BASE/CHART: OII is presently working on a 2nd stage flat base that is 5wks long, 8% deep, and has a $76.60 pivot.  There are 4wks down and only 1 up in the base (-.25).  Vol has been very quiet throughout the base which considering 4 out of 5 weeks were down, is a positive sign. The RS line is rising and appears ready to break into new highs.  The RS rating of 87 is strong as well.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 23% this year.  The EPS growth rate is 9% (-.15), the earnings stability rating is 9, and the ROE is 17%.  These scores, however, are among the best in it’s group.  Quarterly EPS is strong and has accelerated the past several quarters (+.25) and quarterly sales are strong as well. 9.85 so far.

GROUP: currently ranked 35
OWNERSHIP: fund ownership has risen the past 4 quarters.  Mgt holds 1% of shares but there are no top funds in OII (-.05)

OVERALL: 9.8

 

2 9.75

PCLN

PCLN Weekly 06-22-13

Priceline.com Inc LEISURE 08-05-2013

BASE/CHART: PCLN is presently working on a 4th stage (-.5) flat base that is 5wks long 7% deep, and has a $847.33 pivot.  There are 2wks up and 3wks down in the base (-.25)  There is tightness in the base but vol has been to the downside. The RS line is hitting a new 52wk high prior to the breakout which is positive, and the RS rating is decent at 83. 9.25 so far.

EARNINGS: annual earnings are estimated to rise 23% this year.  The EPS growth rate is 54%, the ROE is 50%, and the earnings stability rating is 6, all outstanding.  Quarterly EPS and sales are strong and have accelerated the past few quarters (+.5)  9.75 so far.

GROUP: currently ranked 27

OWNERSHIP: fund ownership has risen the past 2 quarters.  Mgt holds 1% of shares and there are 7 top funds in PCLN. 

OVERALL: 9.75

 

3 9.75

YNDX

YNDX Weekly 06-22-13

Yandex N V Class A INTERNET 07-29-2013

BASE/CHART: YNDX is presently working on a 1st stage flat base that is 5wks long, 13% deep, and has a $29.48 pivot.  There are 4wks down & only 1 up (-.25) There is, however, some tight closes in the base, & support around the 10wk line. The RS line is essentially flat though showing some signs of improvement.  The RS rating is 81.  9.75 so far

EARNINGS: annual earnings are estimated to rise 30% this year.  The EPS growth rate is 39%, the earnings stability rating is 20, and the ROE is 27%, all strong.  Quarterly EPS and sales are quite strong as well.  Still 9.75

GROUP:  currently ranked 29, still 9.75

OWNERSHIP: fund ownership has risen the past 5 quarters.  Mgt holds 13% of shares and there are 2 top funds in YNDX. 

OVERALL: 9.75

 

4 9.55

SSNC

 SSNC Weekly 06-22-13

S S & C Technologies SOFTWARE 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 7wks long, 11% deep, and has a $34.44 pivot.  There are 2wks down & 5wks up. SSNC has held the 10wk line through out the base so far and has just formed a 5wks tight.  The RS line is rising and the RS rating is 86.  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 91 (-.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

 

5 9.5

MTZ

 MTZ Weekly 06-22-2013

Mastec Inc TELECOM 08-01-2013

BASE/CHART: MTZ is working on a 2nd stage flat base that is 5wks long, 13% deep, and has a $33.97 pivot.  There are 3wks up vs 2 down (-.25) The RS line is trending up and is near new high ground.  The RS rating is strong at 93.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 27% this year.  While the EPS growth rate of 9% and ROE of 14% are low (-.25) the earnings stability rating is strong at 18.  Quarterly earnings and sales have been strong the past several quarters.  9.5 so far.

GROUP:  currently ranked 8

OWNERSHIP: fund ownership has increased in each of the past 4 quarters.  Mgt holds 23% of shares and there are 2 top funds in MTZ.

OVERALL: 9.5

 

6 9.45

KORS

 KORS Weekly 06-22-13

Michael Kors Hldgs Ltd APPAREL 08-14-2013

BASE/CHART: KORS has formed and broken out of a 1st stage cup w/ handle that is 14wks long, 21% deep, and has an 8% handle. This breakout failed & KORS has yet to recover the $63.03 pivot. 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 70 (-.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 57 (-.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

 

7 9.3

PKG

PKG Weekly 06-22-2013

Packaging Cp Of America MISC 07-17-2013

BASE/CHART: PKG is presently working on a 3rd stage (-.25) flat base that is 5wks long, 6% deep, and has a $50.78 pivot. 4 out of 5 weeks are down but I’m going to give that a pass because despite more down weeks, the weeks on vol show signs of support, accumulation, and there is a 5wks tight in the base.  The RS line is moving into new high ground and the RS rating is 90.  9.75 so far.

EARNINGS: annual earnings are estimated to rise 43% this year.  The EPS growth rate is a little low at 10% (-.15) but seems to be w/in the industry avg. The ROE of 21% is strong and the Earnings stability rating of 26 is strong as well. Quarterly EPS is very strong and quarterly sales are increasing (though below the 25% I typically like to see) (-.25) 9.35 so far.

GROUP: currently ranked 19

OWNERSHIP: fund ownership has steadily risen the past 4 quarters. Mgt holds 2% of shares, but there are no top funds in PKG (-.05)

OVERALL: 9.3

 

8 9.3

PRLB

 PRLB Weekly 06-22-13

Proto Labs Inc ELECTRNCS 07-24-2013

BASE/CHART: PRLB has formed a 2nd stage flat base that is 5wks long, 14% deep, and has a $59.84 pivot.  There are 3wks up and 2wks down in the base.  The base has support along the 10wk line.  The RS line is in new high ground and the RS rating is very strong at 95.  10 so are.

EARNINGS: annual earnings are estimated to rise 31% this year.  The EPS growth rate is 45%, the ROE is 38%, but the earnings stability rating is a little high at 35.  (-.2)  Both quarterly EPS and quarterly sales are strong.  9.8 so far.

GROUP:  currently ranked 80 (-.5) takes us down to 9.3

OWNERSHIP: fund ownership has risen since inception.  Mgt holds 25% of shares and there are 3 top funds in PRLB.

OVERALL: 9.3

 

9 9.1

ILMN

 ILMN Weekly 06-22-2013

Illumina Inc MEDICAL 07-24-2013

BASE/CHART: ILMN is presently working on a 2nd stage flat base that is 6wks long, 14% deep, and has a $77.11 pivot.  There are 3wks up and 3wks down in the base.  ILMN has found support along the 10wk so far.  There is tightness in the base and the RS line is leading the way prior to the break out as it hit a new 52wk high (highlighted by the blue dot at the top of the line).  The RS rating of 92 is also very strong.  10 so far.

EARNINGS: annual earnings are estimated to rise 6% this year (-.25).  The EPS growth rate is 17% (-.15), the ROE is 18%, and the earnings stability rating is 10, all good & in line with other highly rated stocks in the group.  Quarterly EPS and Sales have also improved in recent quarters. 9.6 so far

GROUP: currently ranked 15, still 9.6

OWNERSHIP: fund ownership declined slightly last quarter (-.5).  Mgt currently holds 5% of shares & there are 4 top funds in ILMN.

OVERALL: 9.1

 

10 9.1

SMTC

 SMTC Weekly 06-22-13

Semtech Corporation CHIPS 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 85.  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 87 (-.75) takes us down to 9.1

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

OVERALL: 9.1

 

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

Comments (2)

  • Fawcett

    |

    Great review Mike, many thanks!
    John

    Reply

    • MichaelGLamothe

      |

      Thanks a lot! I’m glad you enjoyed it!

      Reply

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