Mid Cap Best & Worst Report - Wednesday, Jan. 4

  • The best mid cap sector is industrial goods.
  • The highest scoring mid cap industry is trucking.

**Important** Scores reflect first quarter seasonality.

The average score for mid cap stocks in our universe is 65.74. Over the past four weeks, the score has averaged 68.67. The average mid cap stock in our coverage is trading -14.37% below its 52 week high, 4.29% above its 200 dma, has 6.18 days to cover short, and is expected to grow EPS by 13.71% next year.

Industrial goods, consumer goods, and financials are top scoring in mid cap this week. Basics, services, and technology score in line. Utilities and healthcare score poorly.

The following stocks have the best Q1 seasonality in mid cap:

Source.

Trucking (ODFL, KNX, HTLD), restaurants (WEN, TXRH, PZZA, CAKE), auto parts (CACI, TEN, GNTX, FDML, DAN), oil drillers (PTEN, ATW), and semi equipment (TER, ENTG) are the top mid cap industries to buy.

In basics, focus on oil & gas drilling & exploration, oil & gas equipment & services (PDS), and synthetics (CMP, MTX). The top baskets in consumer goods are auto parts and processed & packaged goods (FLO). In financials, buy regional banks  (SIVB, FHN, WTFC, OZRK, FFIN) and surety & title insurance (AGO). Only medical instruments (WST, NUVA, HAE, PKI) scores above average in healthcare. The best industrials baskets are industrial electrical (BDC, LFUS, RBC), aerospace/defense (CW, TDY, ESL), and diversified machinery (BGG, NDSN). Trucking, restaurants, and technical services (CACI) are strong in services. Semi equipment, printed circuit boards (FLEX), and scientific & technical instruments (COHR, CGNX) are best in technology.

 

Disclosure: None.

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