Best And Worst Mid Cap Stocks - Wednesday, June 7

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

The average score for mid cap stocks in our universe is 55.48 and the average score over the past four weeks is 53.59. The average mid cap stock in our coverage is trading -14.9% below its 52 week high, 2.84% above its  200 dma, and has 6.48 days to cover held short.

Utilities, technology, healthcare, and industrial goods are the top scoring mid cap sectors. Services, consumer goods, financials, and basics score below average.

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

The next chart shows historical score by sector over time.

The best mid cap industry is technical & system software (CDNS, TYL). Business software (AZPN, PEGA, WBMD), medical instruments (PKI, NUVA, HRC, TFX), application software (HUBS, SHOP, PAYC), and accident & health insurance (AIZ) can also be overweight.

Synthetics (POL), specialty chemicals (NEU), and oil & gas equipment & services (RES) are top scoring in basic materials. The strongest consumer baskets are textiles (DECK) and processed & packaged goods (GIS). Only accident & health insurance is above average in financials. The top healthcare industries are medical instruments, healthcare plans (CNC), and medical appliances (ALGN, GMED, MASI). Residential construction (NVR, KBH), industrial electrical (AOS), and aerospace/defense (CAE) are top scoring in industrial goods. The best services baskets are education (DV), business services (GPN, FICO), and specialty retail (AAN). In technology, focus on technical & system software, business software, and application software. Gas utilities (EGN) can also be bought.

 

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.