The "Chart of the Day" is American Water Works (AWK), which showed up on Thursday's Barchart "All Time High." AWK on Thursday posted a new all-time high of $32.98 and closed up 1.51%. TrendSpotter has been Long since Dec 21 at $31.80. In recent news on the stock, AWK management offered guidance for FY2011 EPS of $1.75-$1.82 versus the consensus of $1.78 and FY2012 guidance of $1.90-2.00 versus the consensus of $1.91. Ladenburg on Jan 11 upgraded AWK to Buy from Neutral. American Water Works, with a market cap of $5.7 billion, is the largest investor-owned U.S. water and wastewater utility company.
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:
Chart of the Day Archive