Best And Worst Mid Cap Stocks - Wednesday, May 31

  • 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 53.33 and the average score over the past four weeks is 53.25. The typical mid cap stock in our universe is trading -15.79% below its 52 week high, 1.64% above its 200 dma, and has 6.42 days to cover short.

The best mid cap sector this week is utilities. Technology and healthcare are also top scoring. Services, industrials, consumer goods, basics, and financials score below the mid cap universe average score -- be industry and stock specific in those groups.

The following are the best and worst scoring mid caps currently. 

The following chart shows historical mid cap universe scores. 

The top mid cap industries to buy include technical & system software (CDNS, TYL), business software (AZPN, PEGA, WBMD), medical instruments (PKI, NUVA, HRC, TFX), semi equipment (ENTG), and application software (HUBS, SHOP, PAYC).

NOTE: The semi book-to-bill historically peaks in June. 

In basics, focus attention on specialty chemicals (NEU), oil & gas equipment & services (RES), and synthetics (POL). The top consumer baskets include textiles (DECK, WWW) and auto parts (DORM, DAN). In financials, concentrate on accident & health insurance (AIZ). Medical instruments, medical appliances (ALGN, GMED, MASI), and healthcare plans (CNC) offer upside in healthcare. Residential construction (NVR, KBH), industrial electrical (AOS), and aerospace/defense (CAE) score strongest in industrials. Education (DV), business services (GPN, FICO), and specialty retailers (AAN) are score high in services. The top technology baskets are technical & system software, business software, and semi equipment. Gas utilities (NJR, EGN) are also high scoring. 

Disclosure: None.

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