E Best And Worst Mid Cap - Wednesday, April 19

  • 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 54.39 and the scores averaged 57.43 over the past four weeks. The average mid cap stock in our coverage is trading -16.23% below its 52 week high, 1.29% above its 200 dma, has 3.62 days to cover held short, and is expected to grow EPS by 17.3% in the coming year.

The best mid cap sectors are utilities, technology, and healthcare. Industrials score in line. Consumer goods, services, financials, and basic materials score below average.

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

The next chart shows historical mid cap sector score over time.

Technical & system software (CDNS), application software (PAYC, SHOP, FTNT), residential construction (NVR, KBH), medical instruments (PKI, NUVA, HRC, TFX), and semi equipment (ENTG) are the top mid cap industries this week.

In basics, focus on independent oil & gas (RICE), oil & gas services (RES), and synthetics (POL). Processed & packaged goods (FLO) and packaging & containers (TUP) score best in consumer goods. Accident & health insurers (CNO) are top scoring in financials. Medical instruments, healthcare plans (CNC, WCG) and biotech (CRL, ACAD) can be bought in healthcare. Only residential construction scores above average in industrials this week. The strongest scoring services groups are education (DV), movies (RGC), and specialty retail (AAN). Technical & system software, application software, and semi equipment are best in technology. Gas utilities (EGN) are also attractive.

 

Disclosure: None.

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