Each week Value Line publishes a list of stocks that have hit certain growth targets not only for the last 10 years but are expected to maintain those rates for the next 5 years as well. I took the list and ran it through Barchart to find the stocks that had the highest technical buy signals as well as a 50-00 Day MACD Oscillator buy signal.
The highest ranking stocks were TJX Companies (NYSE:TJX), Tesoro Petroleum (NYSE:TSO), Southwest Airlines (NYSE:LUV), Jack Henry & Associates (NASDAQ:JKHY) and Juniper Networks (NYSE:JNPR).
TJX Companies
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signals
Above its 20, 50 and 100 day moving averages
8 new highs and up 4.47% in the last month
Relative Strength Index 61.10%
Barchart computes a technical support level at 71.46
Recently traded at 74.51 with a 50 day moving average of 71.69
Tesoro Petroleum
Barchart technical indicators:
100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
5 new highs and up 9.69% in the last month
Relative Strength Index 67.02%
Barchart computes a technical support level at 105.20
Recently traded at 110.84 with a 50 day moving average of 99.01
Southwest Airlines
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 21.42% in the last month
Relative Strength Index 77.36%
Barchart computes a technical support leve at 46.11
Recently traded at 44.61 with a 50 day moving average of 40.00
Jack Henry & Associates
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 8.90% in the last month
Relative Strength Index 67.75%
Barchart computes a technical support level at 76.12
Recently traded at 77.18 with a 50 day moving average of 71.33
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