Today's 5 Best Large Caps | Seeking Alpha

Jim Van Meerten's Blog

Today I used Barchart to sort the S&P 500 Large Cap Index for frequency of new highs in the last month. I then skipped the stocks that did not have positive gains in the last week and month and used the Flipchart feature to review the stocks.

Today's list includes Xylem Inc (XYL), LyondellBasell Industries (LYB), Forest Laboratories (FRX), PPL Corp (PPL), and Hershey Foods (HSY):

Xylem Inc (XYL)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 16.78% in the last month
Relative Strength Index 66.10%
Barchart computes a technical support level at 38.05
Recently traded at 39.29 with a 50 day moving average of 35.88

LyondellBassel Industries (LYB)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 14.86% in the last month
Relative Strength Index 72.83%
Barchart computes a technical support level at 84.82
Recently traded at 87.14 with a 50 day moving average of 80.23

Forest Laboratories (FRX)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 54.49% in the last month
Relative Strength Index 90.17%
Barchart computes a technical support level at 97.58
Recently traded at 100.34 with a 50 day moving average of 68.74

Barchart technical indicators:

80% Barchart technical buy signals'
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 7.73% in the last month
Relative Strength Index 75.73%
Barchart computes a technical support level at 31.55
Recently traded at 32.19 with a 50 day moving average of 30.30

Hershey Foods (HSY)

Barchart technical indicators:

72% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 8.46% in the last month
Relative Strength Index 65.80%
Barchart computes a technical support level at 105.53
Recently traded at 106.37 with a 50 day moving average of 99.51

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