Mid Cap Best And Worst Stocks - Wednesday, May 17

  • The best mid cap sector utilities.
  • The top mid cap industry is technical & system software.

The average score for mid cap stocks in our universe is 54.99 and the average score over the past four weeks is 56.65. The typical mid cap stock in our coverage is trading -14.52% below its 52 week high, 3.53% above its 200 dma, and has 6.37 days to cover short.

The strongest scoring sector in mid cap is utilities, followed by technology, healthcare, and industrial goods. Services, consumer goods, basics, and financials score below average and should be underweight.

The following mid cap stocks score best and worst this week.

For perspective, here are the historical mid cap scores by sector since the Great Recession.

The best mid cap industry is technical & system software (CDNS, TYL). Application software (HUBS, SHOP, PAYC), business software (AZPN, PEGA), gas utilities (EGN), and residential construction (NVR, KBH) are also top scoring.

In basics, focus on independent oil & gas (RICE), synthetics (POL), oil & gas equipment (RES), and drillers (PTEN). The top consumer goods groups are processed & packaged goods (FLO), auto parts (DORM, DAN), and textiles (WWW). In financials, concentrate on accident & health insurance (AIZ, CNO). The best healthcare industries are medical instruments (PKI, HRC, TFX), healthcare plans (CNC), and medical appliances (ALGN, GMED). In industrials, residential construction, industrial electrical (AOS), and aerospace/defense (CAE) are attractive. Education (DV), business services (GPN), and specialty retail (AAN) are most intriguing in services. The top technology baskets are technical & system software, application software, and business software. Gas utilities are also top scoring.

 

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.