A O Smith - Stock Of The Day

Summary

• 100% technical buy signals.
• 12 new highs and up 17.98% in the last month.
• 90.09% gain in the last year.

The Barchart Chart of the Day belongs to the water treatment equipment company

A.O. Smith (AOS).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 1/19 the stock gained 28.89%.  

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. The company offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; residential and commercial boilers for space heating applications in hospitals, schools, hotels, and other commercial buildings; and water treatment products, including on-the-go filtration bottles, point-of-use carbon and reverse osmosis products, point-of-entry water softeners, and whole-home water filtration products for residences, restaurants, hotels, and offices. It also provides food and beverage filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and heat pumps, combi-boilers, solar tank units, and air purification products. The company offers its products primarily under the A. O. Smith, State, Lochinvar, and water softener brands. It distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce, as well as other online retailers. The company was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 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 website when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• 90.17+ Weighted Alpha
• 90.09% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 17.98% in the last month
• Relative Strength Index 72.21%
• Technical support level at 68.05
• Recently traded at 69.20 with a 50 day moving average of 61.29

Fundamental factors:

• Market Cap $11.25 billion
• P/E 30.75
• Dividend yield 1.50%
• Revenue expected to grow 9.40% this year and another 4.00% next year
• Earnings estimated to increase 17.10% this year, an additional 9.50% next year and continue to compound at an annual rate of 8.00% for the next 5 years
• Wall Street analysts issued 5 strong buy and 8 hold recommendations on the stock
• The individual investors following the stock on Motley Fool voted 213 to 6 that the stock will beat the market
• 13,370 investors are monitoring the stock on Seeking Alpha

The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stock are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.