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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
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Marketocracy Capital Management
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Barchart Portfolio Blogs
  • Time Warner Cable - Barchart's Chart Of The DAy 0 comments
    Apr 4, 2013 5:46 PM | about stocks: TWC

    The Chart of the Day is Time Warner Cable (TWC). The stock was on Barchart's New High list today. The Trend Spotter signaled a buy on 3/15 and in the last month the stock advanced in 17 session for a 9.65% advance. Analysts like the stock and the chart looks like a reversal situation.

    The Company is the second-largest cable operator in the U.S. and an industry leader in developing and launching innovative video, data and voice services. They deliver their services to customers over technologically-advanced, well-clustered cable systems that pass approximately 26 million homes.

    (click to enlarge)

    Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

    • 72% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 9.65% in the last month
    • Relative Strength Index 69.89%
    • Barchart computes a technical support level at 95.97
    • Recently traded at 97.47 with a 50 day moving average of 91.80


    Fundamental factors:

     

    • Market Cap - $29.41 billion
    • P/E 16.86
    • Dividend yield 2.68%
    • Revenue projected to increase 4.40% this year and another 3.80% next year
    • Earnings estimated to be down 5.40% this year buy increase again by 17.80% next year and continue to grow annually at a rate of 13.04% for 5 years
    • Analysts released 9 strong buy, 3 buy and 7 hold recommendations on the stock
    • Financial strength B+


    Watch this stock carefully; it has reversed itself several times in the last 6 months. Sell if you lose 10% or the stock drops below its 50 day moving average.

    Stocks: TWC
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