This has to be probably the most stocks that I have ever seen show up on the "stocks that only go up" in over three years. There were times where this screen would struggle to even put out 3 or 4 stocks. It just goes to show how bullish this market has been of late.
These stocks represent the best and most dependable stocks the market has to offer. They also come with some hefty dividends as well. Don't think about shorting any of these, because the big money buys these stocks up on every dip over the past year.
The key to trading these stocks is to wait for such a dip and when they come, to buy them off their existing trend-line with a stop-loss just below support.
The two stocks from the list below that I would give the most attention to would be:
Rentech (RTK): Pulled back nicely after making new highs. A low dollar stock, so it could be very volatile. but the long-term trend line is testing today and so far holding.
Alico Inc. (ALCO): Another stock that has rallied strong over the past year non-stop. Has pulled back this past month to respectable support levels and a rising trend-line. It offers an ideal entry price at current levels. Careful with the volume though, it is extremely low. It may be a trade that you want to get into over time, and with a firm understanding of the company fundamentals.
|AFC Enterprises Inc.||AFCE||Services||Restaurants||31.21|
|Alico Inc.||ALCO||Consumer Goods||Farm Products||40.26|
|Apogee Enterprises, Inc.||APOG||Industrial Goods||General Building Materials||24.75|
|Allied World Assurance Company||AWH||Financial||Property & Casualty Insurance||86.85|
|Conns Inc.||CONN||Services||Electronics Stores||31.85|
|CVR Energy, Inc.||CVI||Basic Materials||Oil & Gas Refining & Marketing||55.33|
|eBay Inc.||EBAY||Services||Catalog & Mail Order Houses||57.25|
|Fiserv, Inc.||FISV||Services||Business Services||80.55|
|iShares Nasdaq Biotechnology||IBB||Financial||Exchange Traded Fund||146.1|
|Louisiana-Pacific Corp.||LPX||Industrial Goods||Lumber, Wood Production||21.57|
|Mastercard Incorporated||MA||Services||Business Services||519.45|
|PartnerRe Ltd.||PRE||Financial||Property & Casualty Insurance||88.5|
|Everest Re Group Ltd.||RE||Financial||Property & Casualty Insurance||120.51|
|Rentech, Inc.||RTK||Basic Materials||Chemicals - Major Diversified||2.97|
|The Sherwin-Williams Company||SHW||Basic Materials||Specialty Chemicals||164.95|
|Tyler Technologies, Inc.||TYL||Technology||Technical & System Software||55|
|Visa, Inc.||V||Services||Business Services||155.4|
|Valmont Industries, Inc.||VMI||Industrial Goods||Metal Fabrication||155.48|