10 Large Cap Stocks With Bullish Chart Pattern

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Includes: ARW, BBT, CI, DB, FUL, MAS, MSCC, STJ, TD, TRAK
by: StockPandit

Investors monitor so many different technical indicators from a company stock. Chart patterns are great ways to identify the stocks that has upside potential.

In this article, I will focus on top 10 stocks that has bullish chart patterns. Chart patterns and technical indicators provides general guidance however it does not guarantee the price movement as per the pattern. Hence, careful analysis of the stocks is necessary. Use this list as a potential starting point for your analysis. These top 10 large cap stocks with bullish chart pattern are screened based on the following criteria:

  • Security Type: Common stock
  • Security Price: Greater than or equal to $10.00
  • Volume (90 day Average): Greater than or equal to 400K
  • Market Capitalization: Greater than $1.16 billion (large cap)
  • Classic Pattern Technical Event(R): Bullish (price moving upward) that is ascending continuation triangle, continuation of wedge (bullish), symmetrical continuation triangle (bullish) over the short-term (under 6 weeks)

The following table provides the top 10 large cap stocks with bullish chart pattern:

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1. MASCO CORP (MAS): Masco manufactures, distributes and installs home improvement and building products. Masco has a market cap of $4.288B. Masco is currently trading around $12 with a 52 week range of $6.60 - $14.43. Profit margin for the 12 month period is -28.42% and profit margin for the most recent quarter is -6.23%. Revenue growth for the last quarter is 0.17% when compared to same quarter prior year. Projected EPS growth for this year is 960% when compared to last year. The stock has 14.22% price performance for the year 2012.

2. BB&T CORP (BBT): BB&T is a financial holding company and conducts its business operations through its commercial bank subsidiary, Branch Banking and Trust Company. BB&T has a market cap of $22.018B. BB&T is currently trading around $31.58 with a 52 week range of $18.92 - $31.94. Profit margin for the 12 month period is 16.23% and profit margin for the most recent quarter is 14.57%. Revenue growth for the last quarter is 11.13% when compared to same quarter prior year. Projected EPS growth for this year is 41.42% when compared to last year. The stock has 23.56% price performance for the year 2012.

3. CIGNA CORP (CI): Cigna is a global health service company, with insurance subsidiaries that are providers of medical, dental, disability, life and accident insurance and related products and services. Cigna has a market cap of $13.759B. Cigna is currently trading around $48.02 with a 52 week range of $38.79 - $52.95. Profit margin for the 12 month period is 5.31% and profit margin for the most recent quarter is 6.03%. Revenue growth for the last quarter is 0.96% when compared to same quarter prior year. Projected EPS growth for this year is 3.78% when compared to last year. The stock has 14.31% price performance for the year 2012.

4. ST. JUDE MEDICAL INC. (STJ): St. Jude Medical, Inc. (St. Jude) develops, manufactures and distributes cardiovascular medical devices. St. Jude Medical has a market cap of $12.184B. St. Jude Medical is currently trading around $38.02 with a 52 week range of $32.13 - $54.18. Profit margin for the 12 month period is 15.2% and profit margin for the most recent quarter is 14.28%. Revenue growth for the last quarter is 1.42% when compared to same quarter prior year. Projected EPS growth for this year is 5.7% when compared to last year. The stock has 11.75% price performance for the year 2012.

5. DEUTSCHE BANK AG (DB): Deutsche Bank is a Germany-based global investment bank. Deutsche Bank has a market cap of $41.033B. Deutsche Bank is currently trading around $45.36 with a 52 week range of $28.57 - $66.00. Profit margin for the 12 month period is 0.01% and profit margin for the most recent quarter is 8.16%. Revenue growth for the last quarter is -10.06% when compared to same quarter prior year. Projected EPS growth for this year is 21.04% when compared to last year. The stock has 20.05% price performance for the year 2012.

6. ARROW ELECTRONICS INC (ARW): Arrow Electronics is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow Electronics has a market cap of $4.584B. Arrow Electronics is currently trading around $40.97 with a 52 week range of $25.71 - $47.50. Profit margin for the 12 month period is 3.2% and profit margin for the most recent quarter is 2.8%. Revenue growth for the last quarter is 3.86% when compared to same quarter prior year. Projected EPS growth for this year is -3.95% when compared to last year. The stock has 10.75% price performance for the year 2012.

7. THE TORONTO-DOMINION BANK (TD): The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (the Bank or TD). TD Bank has a market cap of $76.444B. TD Bank is currently trading around $84.59 with a 52 week range of $64.56 - $87.83. Profit margin for the 12 month period is 19.25% and profit margin for the most recent quarter is 20.09%. Revenue growth for the last quarter is 5.81% when compared to same quarter prior year. Projected EPS growth for this year is 6.45% when compared to last year. The stock has 13.05% price performance for the year 2012.

8. MICROSEMI CORP (MSCC): Microsemi is a designer, manufacturer and marketer of analog and mixed-signal integrated circuits and semiconductors. Microsemi has a market cap of $1.762B. Microsemi is currently trading around $20.14 with a 52 week range of $14.49 - $23.81. Profit margin for the 12 month period is -18.51% and profit margin for the most recent quarter is 1.25%. Revenue growth for the last quarter is 30.69% when compared to same quarter prior year. Projected EPS growth for this year is 4.26% when compared to last year. The stock has 22.03% price performance for the year 2012.

9. H.B. FULLER CO. (FUL): H.B. Fuller is a global formulator, manufacturer and marketer of adhesives, sealants, paints and other specialty chemical products. HB Fuller has a market cap of $1.625B. HB Fuller is currently trading around $32.75 with a 52 week range of $16.92 - $33.48. Profit margin for the 12 month period is 4.08% and profit margin for the most recent quarter is 5.65%. Revenue growth for the last quarter is 10.52% when compared to same quarter prior year. Projected EPS growth for this year is 14.74% when compared to last year. The stock has 39.51% price performance for the year 2012.

10. DEALERTRACK HOLDINGS INC (TRAK): DealerTrack Holdings provides software solutions to the automotive retail industry in the United States and Canada. DealerTrack Holdings has a market cap of $1.242B. DealerTrack Holdings is currently trading around $29.61 with a 52 week range of $14.01 - $31.90. Profit margin for the 12 month period is 36.03% and profit margin for the most recent quarter is 18.44%. Revenue growth for the last quarter is 47.18% when compared to same quarter prior year. Projected EPS growth for this year is 0.78% when compared to last year. The stock has 10.97% price performance for the year 2012.

Sources: Some of the data is sourced from Google Finance, Yahoo Finance and Fidelity.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in MAS, BBT, CI, STJ, DB, ARW, TD, MSCC, FUL, TRAK over the next 72 hours.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to the investors to make the correct decision after necessary research.