Best And Worst Large Cap - Tuesday, June 20

  • The best large cap sector is utilities.
  • The top scoring industry is cigarettes.

The average large cap score is 57 and the average score over the past four weeks is 58.40. The typical large cap stock in our universe is trading -11.53% below its 52 week high, 3.34% above its 200 dma, and has 4.41 days to cover held short.

The top scoring large cap sector is utilities (note: not surprising given the time of year), followed by healthcare, technology, and industrial goods. Finance scores in line with the universe average score and can be equal weight (stay stock and industry specific). Consumer goods, services, and basics score below average.

The following are the top and bottom scoring large cap stocks this week.

The following chart shows historical sector score over time.

Cigarettes (MO, RAI, PM), insurance brokers (MMC, AJG), scientific & technical instruments (WAT, MTD, A), healthcare plans (AET, ANTM), and semi ICs (AVGO, TSM) are the top scoring large cap industries.

The best basics basket is major chemicals (EMN, FMC, SHW). Concentrate on cigarettes and beverages (STZ, DEO) in consumer goods. Focus on insurance brokers, P&C insurers (CB, RE, XL, PGR), and asset managers (PFG, AMG) in financials. Healthcare plans, medical appliances (EW, MDT, ISRG), and medical instruments (BAX, XRAY, COO, BCR) are the best healthcare industries. Every industrial goods industry scores above average, led by aerospace/defense (BA, TDG, GD), farm & construction (DE, CAT, AGCO), and industrial equipment (PNR, PH). Restaurants (YUM, MCD), business services (TRU, CTAS, CSGP, V), and wholesale drugs (MCK) score highest in services. The top technology groups are scientific & technical instruments, semi-ICs, and specialized semi (MCHP, FSLR, XLNX). Electric utilities (ETR, EIX, DTE, NRG, PPL, AEG) and diversified utilities (NI, WEC, PCG) can also be bought.

 

Disclosure: None.

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Chee Hin Teh 6 years ago Member's comment

Thanks for sharing