The average score for mid cap stocks in our universe is 61.39 and over the past four weeks, the score has averaged 58.80. The average mid cap stock in our universe is trading -13.98% below its 52 week high, 3.75% above its 200 dma, has 6.19 days to cover held short, and is expected to grow EPS by 17.1% next year.
Technology, industrials, utilities and healthcare are the strongest scoring mid cap sectors. Services score in line. Consumer, financials and basics score below average.
The following stocks score best and worst in mid cap this week.
The next chart shows historical mid cap scores by sector.
The best mid cap industry is medical instruments (PKI, NUVA, HRC, TFX). Technical & system software (CDNS, MENT), application software (PAYC, SHOP, FTNT, HUBS, ZEN), business software (AZPN, PEGA), and residential construction (KBH, NVR) are also top scoring.
Specialty chemicals (NEU), synthetics (POL), and independent oil & gas (RICE) are the top scoring baskets in basics. Processed & packaged goods (FLO) and packaging & containers (TUP, MINI) are top scoring in consumer. In financials, accident & health (CNO) and regional banks (SIVB, HBHC, BXS) score above average. Medical instruments and medical appliances (ALGN, GMED) are most attractive in healthcare. Every industrial goods basket scores above average, led by residential construction and aerospace/defense (CAE). Education (DV), movies (CNK), and business services (GPN, FICO, MMS) are strongest in services. Focus on technical & system software, application software, and business software in technology. Gas utilities (NJR) also score strong.
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