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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 and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Brown Forman (BF.B) Barchart Chart Of The Day 0 comments
    Dec 28, 2011 12:17 PM | about stocks: BF.B
    Barchart.coms Chart of the Day - Brown Forman (NYSE:BF.B)
    Barchart Research Team - Barchart.com - Tue Dec 27, 6:35PM CST
    Related Stocks
    BF.B - Brown Forman Inc B
    Sym Last Chg Pct
    BF.B 80.96 -0.89 -1.09%

    The "Chart of the Day" is Brown Forman (BF.B), which showed up on Tuesday's Barchart "All Time High" list. Brown Forman on Tuesday posted a new all-time high of $82.04 and closed up 1.63%. TrendSpotter was long on Brown Forman for most of October and November, turned neutral in mid-December, and then turned Long again on Dec 21 at $79.92. Brown Forman was last featured by "Chart of the Day" on Nov 29 at $76.77. In recent news on the stock, the company on Dec 8 reported fiscal Q2 EPS of $1.09, in line with the market consensus. Davenport on Dec 9 downgraded Brown Forman to Neutral from Buy due to valuation. Brown Forman, with a market cap of $11.6 billion, sells beverage alcohol brands including Jack Daniel's, Southern Comfort, Finlandia, Canadian Mist, Fetzer, Korbel, Gentleman Jack, el Jimador, Tequila Herradura, Sonoma-Cutrer, Chambord, Tuaca, Woodford Reserve, and Bonterra. Their main international markets are the U.K., Australia, Mexico, Poland, Germany, France, Spain, Italy, South Africa, China, Japan, Canada, and Russia.


    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

    The status of 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.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy

    Barchart links for further information:

    Quotes and Charts
    Detailed Quote

    Technical Analysis
    Technicals Summary
    Trader's Cheat Sheet™

    Barchart Opinions
    Barchart Opinion
    Barchart Snapshot
    Trading Strategies

    Company Info
    Company Profile
    Key Statistics
    Income Statement-Quarterly
    Income Statement-Annual
    Balance Sheet-Current
    Balance Sheet-Annual


    Chart of the Day Archive
    View Past Chart of the Day Reports
    Stocks: BF.B
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