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The 5 Best IBD 50 Stocks

|Includes: ELLI, ELS, EW, Michael Kors Holdings (KORS), TAL

Each week Investors Business Daily publishes the IBD 50 which is their 50 top rated stocks. I use Barchart to sort those 50 stocks first by the Barchart technical buy signals, then I use the Flipchart feature to review the chart of consistent upward momentum. Today's list includes:

Michael Kors (NYSE:KORS), Ellie Mae (NYSEMKT:ELLI), Equity Lifestyle Properties (NYSE:ELS), TAL Education Group (XRS) and Edwards Lifesciences (NYSE:EW).

Michael Kors

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 44.29% in the last month
  • Relative Strength Index 78.11%
  • Technical support level at 53.28
  • Recently traded at 55.44 with a 50 day moving average of 43.11


Ellie Mae

Barchart technical indicators:

 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 27.20% in the last month
  • Relative Strength Index 67.76%
  • Technical support level at 77.05
  • Recently traded at 83.74 with a 50 day moving average of 66.47


Equity Lifestyle Properties

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 3.01% in the last month
  • Relative Strength Index 60.24%
  • Technical support level at 6893
  • Recently traded at 69.11 with a 50 day moving average of 66.04


TAL Education Group

Barchart technical indicators:

 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 15.39% in the last month
  • Relative Strength Index 64.71%
  • Technical support level at 49.60
  • Recently traded at 50.82 with a 50 day moving average of 46.27


Edwards Lifesciences

Barchart technical indicators:

 

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 10.22% in the last month
  • Relative Strength Index 64.17%
  • Technical support level at 85.32
  • Recently traded at 87.05 with a 50 day moving average of 79.77