Mid Cap Best & Worst Report - May 4, 2016

  • The best mid cap sectors are utilities, basics, and industrials.
  • The highest scoring mid cap industry is oil & gas equipment & services.

The average mid cap score is 56.06, which is below the four week average score of 56.50. The average stock in our mid cap universe is trading -21.95% below its 52 week high, 3.4% above its 200 dma, has 7.02 days to cover held short, and is expected to grow EPS by 15.11% in the next year.

Utilities, basics, and industrials score highest in mid cap. Consumer and services score in line with the average score. Technology, financials, and healthcare score below average (historically, that's not something you want to see, so we'll need to keep an eye on that).

Oil & gas equipment & services (PDS, RES, HLX) is the top mid cap industry. Specialty chemicals (NEU), industrial electrical (RBC, AOS, BDC), accident & health insurance (AIZ), and gas utilities (NJR) also score high.

In mid cap basics, concentrate on oil & gas equipment & services, specialty chemicals, and independent oil & gas (NFX). Textiles (CRI, COLM), auto parts (TEN, FDML), and processed & packaged goods (GIS) are best in consumer. The strongest financials industries are accident & health insurance and REITs (LXP, REG, CLI). In healthcare, focus on healthcare plans (WCG, MGLN), medical instruments (NUVA, HRC, TFX), and medical appliances (ALGN, GMED). Industrial electrical, diversified machinery (ITT, ATU, BGG), and residential construction (KBH) are strongest in industrials. The top scoring services industries are movies (RGC, DWA), trucking (ODFL, KNX), and business services (HPY, RBA, HMSY). Technical & system software (CDNS), broad line semi, and business software (WBMD, PEGA, SSNC) are best in technology. Gas utilities (NJR) can also be owned.

 

Disclosure: None.

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