Large Cap Best & Worst Report - Tuesday, Nov. 8

  • The best large cap sector is technology.
  • The highest scoring large cap industry is data storage devices.

The average score in our large cap universe is 62.67. For perspective, the average score over the past four weeks is 63.48. The average large cap stock in our universe is trading -14.87% below its 52 week high, -0.30% below its 200 dma, has 4.9 days to cover short, and is expected to grow EPS by 13.12% in the coming year.

The best scoring large cap sectors are technology, financials, and industrial goods. Services score in line. Consumer goods, healthcare, basics, and utilities score below average.

The following are the best and worst scoring large cap stocks in our universe.

The strongest large cap industry is data storage devices (STX, WDC). Regional banks (C, NTRS, MTB, USB, STT), major food (ADM), industrial equipment (PH, EMR), and money center banks (JPM, BK, PNC, STI, BAC) are also top scoring. 

The top industries in basics are major chemicals (FMC, APD), steel/iron (SID, TX, GGB), and oil & gas pipelines (WMB). Major food and auto parts (LEA) score best in consumer goods. Focus on regional banks, money center banks, and investment brokerage (SCHW, AMTD) in financials. Healthcare plans (UNH, CI, AET) and medical instruments (SYK, BDX) are top scoring in healthcare. Every industrial goods basket scores above average. Concentrate on industrial equipment and farm & construction machinery (DE, JOY, HTHIY). Air delivery & freight (FDX, UPS, CHRW), diversified entertainment (DIS), and railroads (CSX, KSU) offer upside in services. Data storage, semi equipment & materials (LRCX, KLAC, AMAT), and semi ICs (TSM, AVGO, SWKS) are best in technology. 

 

Disclosure: None.

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