Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

3 Great Large Caps

|Includes: ABT, TJX, Walmart Inc. (WMT)

This morning I used Barchart to screen the S & P 500 Large Cap Index stocks to find the 3 with the best technical indicators and found Wal-Mart Stores (NYSE:WMT), TJX Companies (NYSE:TJX) and Abbott Labs(NYSE:ABT):

Wal-Mart Stores (WMT)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 5.19% in the last month
  • Relative Strength Index 76.04%
  • Barchart computes a technical support level at 70.77%
  • Recently traded at 71.76 with a 50 day moving average of 64.84


TJX Companies (TJX)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 8 new highs and up 7.67% in the last month
  • Relative Strength Index 62.24%
  • Barchart computes a technical support level at 43.97
  • Recently traded at 44.64 with a 50 day moving average of 41.96


Abbott Labs (ABT)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 6.03% in the last month
  • Relative Strength Index 75.55%
  • Barchart computes a technical support level at 64.52
  • Recently traded at 65.51 with a 50 day moving average of 62.35

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in WMT, TJX, ABT over the next 72 hours.