The Tallest Midget In The Circus - American Water Works
Every day I usually write a post about the "5 Best" stocks in either a capital weighted index or sector and I know you guys expect that. Today however at 2:00 PM when I looked at the 52 week high list there were only 4 stocks on the list, RMR Group (NASDAQ:RMR) hasn't traded for 52 weeks yet and WebMD Health (NASDAQ:WBMD) and Dyax (DAYX) were up and down on merger activity and rumors.
That left only American Water Works (NYSE:AWK) as the Tallest Midget in the Circus.
American Water Works
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 7.07%
- Relative Strength Index 62.35%
- Technical support level 59.38%
- Recently traded at 60.79 with a 50 day moving average of 58.24
Disclosure: None.