We executed the usual weekend Alert HQ process (read about this week's results) and generated several lists of stocks based on our special screens including: Bollinger Band Breakouts, Trend Leaders and Cash Flow Kings.
Again I'd like to share the results of the "Leadership Screen". This is where I combine the results of the Cash Flow Kings and the Trend Leaders to find that set of stocks that is common to both screens. The following chart presents this week's results (prices are as of Friday, Feb 9, 2009).
| Symbol | Name | Exchange | Last Price | Market Cap |
|---|---|---|---|---|
| CI | CIGNA CP | NYSE | 21.73 | 5.905B |
| CLDX | Celldex Therapeut | NGM | 11.16 | 176.2M |
| DIT | AMCON DISTRIBUTING | AMEX | 26 | 14.8M |
| DK | DELEK US HOLDINGS | NYSE | 7.71 | 413.9M |
| HUM | HUMANA INC | NYSE | 44.55 | 7.521B |
| MS | MORGAN STANLEY | NYSE | 22.87 | 24.574B |
| NVTL | Novatel Wireless, | NasdaqNM | 6.79 | 205.9M |
| PDGI | PharmaNet Develop | NasdaqNM | 4.82 | 94.1M |
| SCKT | Socket Mobile, In | NCM | 3.27 | 10.6M |
| TNH | TERRA NITR CO COM | NYSE | 120.61 | 2.254B |
| TRMA | Trico Marine Serv | NGM | 6.59 | 97.7M |
| TSO | TESORO CORP | NYSE | 17.71 | 2.452B |
| TTO | TORTOISE CAPITAL | NYSE | 6.86 | 61.2M |
| WNR | WESTERN REFINING | NYSE | 12.45 | 851.3M |
| WPZ | WILLIAMS PARTNERS | NYSE | 15.7 | 828.6M |
Those who follow this blog will recognize a few stocks from previous lists including AMCON Distributing (DIT), Morgan Stanley (MS), Tesoro Petroleum (TSO) and Western Refining (WNR).
Very often, we see small-caps and micro-caps on the lists. Their volatility sometimes generates quick moves up that land these stocks on the Trend Leaders list.
Focus on the large-caps and mid-caps this week
Among the new arrivals on this "super" list we have several large-caps and mid-caps.
The first is Cigna (CI), the insurance company. There was talk today that more insurance companies may get access to TARP funds and Cigna continued its breakout above its upper Bollinger Band. The stock is looking very strong, having more than doubled since hitting its low in November. (Click charts to enlarge.)
Another is Humana (HUM), the big healthcare company. Here's another company that has just about doubled since the November lows and is now comfortably above its 200-day moving average.
We briefly mentioned Morgan Stanley (MS) in a previous post but it worth noting that the stock has stayed on this list for several weeks now. It is rare to see stocks doubling in this miserable market but to see a financial stock registering consistent, strong performance is quite surprising these days. It appears that investors have no fear that Morgan Stanley will be nationalized.
Finally, I thought all the fertilizer companies had tanked and fallen out of favor. This week, however, we see Terra Nitrogen (TNH) on the list. This company makes nitrogen-based fertilizer products and they were up over 5% today.
So if you feel small-caps and micro-caps are too much of a crap shoot, these large-caps and mid-caps offer strong price momentum combined with strong cash flow and a proven history. Put 'em on your watch list.
Disclosure: none
