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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
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • 3 Growth Stocks You Should Buy Now 2 comments
    Jul 16, 2012 1:27 PM | about stocks: HCSG, RGR, TGT

    This afternoon I used Barchart to screen a list of stocks having projections of double digit increases in sales, earnings and total return to find those with current momentum and found Healthcare Services (NASDAQ:HCSG), Strum Ruger (NYSE:RGR) and Target (NYSE:TGT). These are hourly trading charts for the last month.

    Healthcare Services (HCSG)

    Barchart technical indicators:

     

    • 56% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 8 new highs and up 8.33% in the last month
    • Relative Strength Index 72.24%
    • Barchart computes a technical support level at 21.00
    • Recently traded at 22.04 with a 50 day moving average of 19.78


    Strum Ruger (RGR)

    Barchart technical indicators:

     

    • 32% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20 and 50 day moving averages
    • 10 new highs and up 22.00% in the last month
    • Relative Strength Index 67.27%
    • Barchart computes a technical support level at 40.33
    • Recenlty traded at 43.05 with a 50 day moving average of 40.73


    Target (TGT)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and100 day moving averages
    • 7 new highs and up 5.81% in the last month
    • Relative Strength Index 74.30%
    • Barchart computes a technical support level at 58.92
    • Recently traded at 61.89 with a 50 day moving average of 57.51

    Disclosure: I am long HCSG, RGR, TGT.

    Stocks: HCSG, RGR, TGT
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Comments (2)
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  • Martin Schwoerer
    , contributor
    Comments (150) | Send Message
     
    These investment ideas are invaluable.

     

    I like to do a small amount of mo-mo investing (mostly, I am a slo-mo dividend-growth seeker) for which your instablog announcements are just great.

     

    Thank you, Jim!
    17 Jul 2012, 03:23 AM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (646) | Send Message
     
    Author’s reply » I will be doing a lot more growth stock posts in the future
    17 Jul 2012, 09:21 AM Reply Like
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