Best And Worst Large Cap Stocks - Tuesday, March 21

  • The best large cap sector is industrials.
  • The top scoring industry is insurance brokers.

The average large cap score is 69.63 and the average score over the past four weeks is 69.01. The average large cap stock in our universe is trading -10.38% below its 52 week high, 4.8% above its 200 dma, has 4.05 days to cover held short, and is expected to grow its EPS by 13.24% in the coming year.

Industrial goods, technology, and financials score above average. Healthcare scores in line with the average score. Consumer goods, services, utilities, and basic materials score below average. Scores will shift to reflect second quarter seasonality next week.

The following stocks score best and worst in large cap this week.

The next chart shows historical large cap score by sector.

The top scoring large cap industry is insurance brokers (AJG, AON, MMC). Scientific & technical instruments (MTD, WAT, GRMN), healthcare plans (AET, UNH, HUM, CI, ANTM), medical instruments (SYK, BCR, COO, BDX, BSX), and semi ICs (TSM, SWKS, AVGO) are also high scoring.

In basics, the best baskets to buy are major chemicals (FMC, EMN, SHW, DOW, ASH, APD) and ag chemicals (DD, CF). Cigarettes (MO, RAI, PM), processed & packaged goods (MJN, PEP, MKC, CAG), and auto parts (BWA, LEA) are top scoring in consumer goods. Insurance brokers, P&C insurers (ALL, ACGL, XL, RE, CNA, CB), and money center banks (PNC, RY, JPM, BK) score best in financials. The strongest scoring healthcare industries are healthcare plans, medical instruments, and medical appliances (ISRG, ZBH, RMD). In industrial goods, focus on aerospace/defense (COL, RTN, NOC, LMT, BA), diversified machinery (ITW, IR, DOV, CMI), and industrial equipment (PH, EMR). Restaurants (DRI, MCD, QSR), lodging (WYN, MAR), and wholesale drugs (CAH, ABC) are high scoring in services. Scientific & technical instruments, semi ICs, and semi equipment (AMAT, KLAC, ASX, LRCX) are the best technology groups. Foreign utilities (CIG) are also strong scoring.

 

Disclosure: None.

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