The Chart of the Day belongs to Scotts Miracle-Gro (SMG). Since the Trend Spotter signaled a buy on 12/5 the stock gained 7.17%.

The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts, Miracle-Gro, Ortho and Smith & Hawken brands are market-leading in their categories, as is the consumer Roundup brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S. the Company operates Scotts LawnService0, the second largest residential lawn care service business.

In Europe, the Company's brands include Weedol, Pathclear, Evergreen, Levington, Miracle-Gro, KB, Fertiligene and Substral. Its customers include home improvement centers, mass merchandisers, warehouse clubs, hardware chains, independent hardware stores, nurseries, food and drug stores, commercial nurseries and greenhouses, and specialty crop growers.

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Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 9.24% in the last month
• Relative Strength Index 81.22%
• Technical support level at 107.75
• Recently traded at 108.37 with a 50 day moving average of 100.60

Fundamental factors:

• Market Cap $6.23 billion
• P/E 25.53
• Dividend yield 1.98%
• Revenue expected to grow 5.40% this year and another 3.60% next year
• Earnings estimated to increase 11.20% this year, an additional 10.70% next year and continue to increase at an annual rate of 9.83% for the next 5 years
• Wall Street analysts issued 2 strong buy, 2 buy and 5 hold recommendations on the stock