5 Great Large Caps

Jun. 05, 2018 9:41 AM ETAbiomed, Inc. (ABMD), ALGN, NFLX, RL, VLO3 Comments
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Long Only, Momentum, Portfolio Strategy

Contributor Since 2009

Jim Van Meerten 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 attended post-baccalaureate and graduate courses in Business Administration, Quantitative Math, and Education at Florida Atlantic University, Georgia State University and University of North Carolina at Charlotte. In the past he has been an accountant, attorney, adjunct professor in Business Law, Accounting and Internal Auditing, financial advisor, supervisory principal, and compliance officer. He also passed the Georgia CPA Exam, the Certified Internal Auditor Exam, and the FINRA Series 7, 24 and 9/10 exams.He is presently also a contributor on MSN Top Stocks Blog, Motley Fool and is a member of the M100 on Marketocracy, an elete honor chosen by the editors of Marketocracy as being in the top 100 portfolio managers of over 100,000 portfoiios they review. He would enjoy hearing your comments at JimVanMeerten@gmail.com.

Summary

  • 96% technical buy signals.
  • 100% gain in the last year.
  • New highs on 50% of the trading days this last month.

This morning I wanted to find 5 Large Cap stocks that had performed well over the last year and still appeared to have some juice left in them.  I used Barchart to sort the stocks in The S&P 500 Large Cap Index first for the highest Weighted Alpha, then again for technical buy signals above 80%.  As always I then used the Flipchart feature to review the charts for consistent price appreciation.  Today's Watch List includes:

Abiomed (ABMD), Align Technology (ALGN), Netflix (NFLX), Ralph Lauren (RL) and Valero Energy (VLO)

Abiomed (ABMD)

ABMD

Barchart technical indicators:

  • 96% technical buy signals
  • 211.70+ Weighted Alpha
  • 186.71% gain in the last year
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 16.19% in the last month
  • Recently traded at 405.84 with a 50 day moving average of 331.11

Align Technology (ALGN)

ALGN

Barchart technical indicators:

  • 96% technical buy signals
  • 134.00+ Weighted Alpha
  • 129.26% gain in the last year
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 32.53% in the last month
  • Recently traded at 343.20 with a 50 day moving average of 272.67

Netflix (NFLX)

NFLX

Barchart technical Indicators:

  • 96% technical buy signals
  • 131.16+ Weighted Alpha
  • 119.68% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 13.28% in the last month
  • Recently traded at 361.81 with a 50 day moving average of 320.74

Ralph Lauren (RL)

RL

Barchart technical indactors:

  • 96% technical buy signals
  • 100.60+ Weighted Alpha
  • 100.19% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 29.65% in the last month
  • Recently traded at 138.47 with a 50 day moving average of 114.73

Valero Energy (VLO)

VLO

Barchart technical  indicators:

  • 96% technical buy signals
  • 97.82+ Weighted Alpha
  • 99.02% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and  day moving averages
  • 12 new highs and up 9.52% in the last month
  • Recently trade at 124.44 with a 50 day moving average of 109.55
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