Stock markets are in an uptrend of late, and stocks that have bright prospects and compelling valuations are being picked up by shrewd investors. Stookle.com algorithms detected the securities that are performing better than the broader market with incremental volume support. This is often considered a bullish sign. S&P500 gained 7.86% during the last 30 trading days, but these securities gained 16-35% in the same time period.
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Masco Corp (MAS): Masco Corporation manufactures, distributes and installs home improvement and building products in North America and Europe. Products include faucets, cabinets, architectural coatings and windows, and installers of insulation for the new home construction market. The company has a return on assets (ROA) of -0.98% and a return on equity (ROE) of -47.3%. The stock is trading with a return on invested capital (ROIC) of -17.88%. The company has a sum of growth and yield to PE (GY2PE) of 0.10, which suggests the company is overvalued (GY2PE of 1 suggest fair value, and according to Peter Lynch GY2PE >2 is a value pick).There is a 37% increase in the 10 day average volume of Masco compared to its 3 month average volume. The company has a book value of $3.64, yielding 2.62%. MAS is currently trading at $12.09, raising $3.09 or 34.33% in the last 30 trading days.
Celgene Corp (CELG): Celgene Corporation is a global integrated biopharmaceutical company. The Company is primarily engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases, such as immunomodulation and intracellular signaling pathways in hematology, oncology and immune-inflammatory diseases. The company has a ROA of 11.3% and a ROE of 16.97%. The company is trading with a ROIC of 13.68%. There is a 33% increase in the 10 day average volume of Celgene compared to its 3 month average volume. CELG has a GY2PE of 1.20, which suggests the company is operating near its fair value. The company has a book value of $12.58. CELG is currently trading at $72.63, raising $11.4 or 18.62% in the last 30 trading days.
Varian Medical Systems (VAR): Varian Medical Systems is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. VAR has a ROA of 15.7% and a ROE of 26.79%. VAR is trading with a ROIC of 26.24% and the company has a GY2PE of .68, which suggests Varian is overpriced. VAR has a book value of $11.07. It is currently trading at $70.05, raising $11.06 or 18.75% in the last 30 trading days.
Interpublic Group (IPG): The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. IPG specializes in consumer advertising, digital marketing, media planning and buying, public relations and specialized communications disciplines. The stock has a ROA of 2.5% and a ROE of 14.11%. The company is trading with a ROIC of 7.51%. IPG has a GY2PE of 1.25 trading near its fair value. The company has a book value of $4.68, yielding 2.27%. IPG is currently trading at $10.53, raising $1.69 or 19.12% in the last 30 trading days.
Fastenal (FAST): Fastenal Company sells industrial and construction supplies in a wholesale and retail fashion. The Company’s product line includes fasteners, tools, hydraulics and pneumatics, janitorial supplies, welding supplies and metals. FAST has a ROA of 21.67% and a ROE of 25.2%. The stock is trading with a ROIC of 23.27%. The company has a GY2PE of .47, which suggests the stock is way overpriced. The stock has a book value of $4.77, yielding 1.44%. FAST is currently trading at $46.59, raising $6.44 or 16.04% in the last 30 trading days.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.