For low-priced issues, another week went by where there were no new all-time highs between $2 and $10 on the US exchanges. In fact, there has only been one (MILL, Miller Petroleum | NASDAQ) since May! This is very unhealthy for the US markets.
Back to this week's list. I use the table below as a quick scan for fundamentals: Piotroski score above 7 is good, positive earnings growth (EPS), not over-extended (too far above the 20-day moving average or with an RSI over 70), and with growing institutional buying. Then, I look at the charts. I think using fundamentals and technicals together is a good approach to successful speculation. I've highlighted several stocks in the table with favorable fundamental signs that warrant further research (it's always good to make stock lists even when the markets are weak). AZO and a few others have high institutional ownership and negative institutional transactions, which means the big-boys are probably selling to lock-in gains. This is a warning sign for individual investors since we profit by riding the tides created by big investors who move prices.
| Information About Last Week's All-Time Highs | ||||||||
| Symbol | Sector | Piotroski score | EPS next 5Y | SMA20 | RSI (14) | Inst Own | Inst Trans | LT Debt/Eq |
| AAP | Services | 6 | 12.40% | 0.65% | 58.21 | 95.00% | -8.08% | 0.25 |
| AIPC | Consumer Goods | 5 | 8.50% | 10.20% | 80.03 | 92.76% | 3.86% | 0.00 |
| AKO.B | _ | NaN | ||||||
| AZO | Services | 7 | 12.33% | 2.94% | 66.61 | 93.34% | -7.07% | - |
| BCA | Financial | 4 | - | 10.21% | 71.83 | 0.40% | - | - |
| BCH | Financial | 3 | 2.00% | 5.90% | 62.50 | 0.81% | -8.98% | 2.64 |
| BF.B | _ | 5 | ||||||
| CIB | Financial | 3 | 13.70% | 7.50% | 76.37 | 14.96% | -4.66% | 0.61 |
| CPL | Utilities | 6 | 2.40% | 2.78% | 62.05 | 2.73% | 0.92% | 1.01 |
| CRR | Basic Materials | 7 | 17.00% | 7.65% | 66.95 | 88.59% | 1.04% | 0.00 |
| DISCB | _ | NaN | ||||||
| DLTR | Services | 6 | 14.13% | -1.55% | 47.03 | 95.00% | 0.63% | 0.19 |
| EC | Basic Materials | 3 | 10.70% | 6.46% | 68.64 | 0.17% | 2.99% | - |
| EPE | Basic Materials | 4 | 10.50% | 5.31% | 64.79 | 13.05% | -1.46% | 6.21 |
| EVVV | Healthcare | 7 | 24.33% | 0.52% | 67.71 | 67.46% | 3.62% | 0.00 |
| EW | Healthcare | 3 | 18.97% | 2.93% | 60.37 | 89.04% | 3.71% | 0.11 |
| HSP | Healthcare | 5 | 17.70% | 2.94% | 63.64 | 77.19% | -4.47% | 0.60 |
| HWK | Industrial Goods | 8 | 46.90% | 15.54% | 68.12 | 50.56% | -3.18% | 0.99 |
| LFL | Services | 3 | 10.00% | 3.47% | 62.52 | 7.42% | -1.64% | - |
| MIL | Healthcare | 7 | 11.37% | 0.25% | 62.50 | 89.05% | -3.54% | 0.56 |
| MWE | Basic Materials | 5 | 2.75% | 6.10% | 66.65 | 33.48% | 12.67% | 1.13 |
| NEM | Basic Materials | 7 | 15.43% | 4.74% | 60.85 | 80.29% | -0.82% | 0.40 |
| PAA | Basic Materials | 4 | 4.83% | 2.59% | 63.91 | 35.61% | -5.68% | 1.00 |
| PSE | Basic Materials | 6 | 2.00% | 1.83% | 58.11 | 14.21% | 1.29% | 0.45 |
| RENT | Services | 6 | 50.00% | 7.85% | 63.40 | 56.92% | 0.50% | 0.00 |
| SAN | Financial | 6 | 17.30% | 9.09% | 70.16 | - | - | 3.71 |
| SXL | Basic Materials | 3 | 5.50% | 5.53% | 73.60 | 33.98% | 12.11% | 1.74 |
| TLP | Basic Materials | 4 | 4.00% | 7.13% | 69.09 | 25.85% | 16.86% | 0.31 |
| VGR | Consumer Goods | 4 | 7.00% | 6.04% | 73.03 | 30.45% | -4.61% | - |
| VIT | Technology | 6 | 28.76% | 10.63% | 63.11 | 57.10% | 25.95% | 0.00 |
| WPZ | Basic Materials | 5 | 1.63% | 6.78% | 67.48 | 8.13% | 14.42% | 1.58 |
| Data is from GrahamInvestor.com, Yahoo Finance, and Finviz.com | ||||||||
| AAP (Advance Auto Parts Inc | NYSE) All-time Highs (Yahoo Finance): Intraday $52.38 (06-Jul-2010), Daily Close $52.08 (15-Jun-2010) | |
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| AIPC (American Italian Pasta Co | NASDAQ) All-time Highs (Yahoo Finance): Intraday $52.96 (08-Jul-2010), Daily Close $52.96 (08-Jul-2010) | |
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| AKO.B (Embotelladora Andina SA | NYSE) All-time Highs (Yahoo Finance): Intraday $23.75 (09-Jul-2010), Daily Close $23.75 (09-Jul-2010) | |
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| AZO (AutoZone Inc | NYSE) All-time Highs (Yahoo Finance): Intraday $200.74 (09-Jul-2010), Daily Close $200.12 (09-Jul-2010) | |
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| BCA (CorpBanca SA | NYSE) All-time Highs (Yahoo Finance): Intraday $53.43 (09-Jul-2010), Daily Close $52.75 (09-Jul-2010) | |
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| BCH (Banco de Chile | NYSE) All-time Highs (Yahoo Finance): Intraday $224.80 (12-Jun-2008), Daily Close $66.50 (09-Jul-2010) | |
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| BF.B (Brown-Forman Corp | NYSE) All-time Highs (Yahoo Finance): Intraday $61.75 (09-Jul-2010), Daily Close $61.61 (08-Jul-2010) | |
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| CIB (BanColombia SA | NYSE) All-time Highs (Yahoo Finance): Intraday $54.90 (09-Jul-2010), Daily Close $54.55 (09-Jul-2010) | |
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| CPL (CPFL Energia SA | NYSE) All-time Highs (Yahoo Finance): Intraday $70.50 (07-Jul-2010), Daily Close $69.88 (07-Jul-2010) | |
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| CRR (Carbo Ceramics Inc | NYSE) All-time Highs (Yahoo Finance): Intraday $80.47 (08-Jul-2010), Daily Close $80.13 (09-Jul-2010) | |
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| DISCB (Discovery Communications Inc | NASDAQ) All-time Highs (Yahoo Finance): Intraday $41.20 (07-Jul-2010), Daily Close $40.89 (08-Jul-2010) | |
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| DLTR (Dollar Tree Inc | NASDAQ) All-time Highs (Yahoo Finance): Intraday $44.14 (06-Jul-2010), Daily Close $43.08 (02-Jul-2010) | |
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| EC (Ecopetrol SA | NYSE) All-time Highs (Yahoo Finance): Intraday $31.69 (09-Jul-2010), Daily Close $30.83 (09-Jul-2010) | |
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| EPE (Enterprise GP Holdings LP | NYSE) All-time Highs (Yahoo Finance): Intraday $49.72 (09-Jul-2010), Daily Close $49.28 (09-Jul-2010) | |
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| EVVV (ev3 Inc | NASDAQ) All-time Highs (Yahoo Finance): Intraday $22.50 (09-Jul-2010), Daily Close $22.48 (09-Jul-2010) | |
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| EW (Edwards Lifesciences Corp | NYSE) All-time Highs (Yahoo Finance): Intraday $57.22 (06-Jul-2010), Daily Close $56.60 (06-Jul-2010) | |
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| HSP (Hospira Inc | NYSE) All-time Highs (Yahoo Finance): Intraday $59.39 (08-Jul-2010), Daily Close $58.82 (07-Jul-2010) | |
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| HWK (Hawk Corp | AMEX) All-time Highs (Yahoo Finance): Intraday $29.08 (06-Jul-2010), Daily Close $27.91 (09-Jul-2010) | |
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| LFL (Lan Airlines SA | NYSE) All-time Highs (Yahoo Finance): Intraday $20.10 (09-Jul-2010), Daily Close $19.99 (09-Jul-2010) | |
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| MIL (Millipore Corp | NYSE) All-time Highs (Yahoo Finance): Intraday $106.98 (09-Jul-2010), Daily Close $106.95 (08-Jul-2010) | |
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| MWE (MarkWest Energy Partners L P | NYSE) All-time Highs (Yahoo Finance): Intraday $34.05 (09-Jul-2010), Daily Close $33.85 (09-Jul-2010) | |
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| NEM (Newmont Mining Corp | NYSE) All-time Highs (Yahoo Finance): Intraday $63.38 (09-Jul-2010), Daily Close $61.93 (09-Jul-2010) | |
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| PAA (Plains All American Pipeline LP | NYSE) All-time Highs (Yahoo Finance): Intraday $60.27 (09-Jul-2010), Daily Close $60.15 (09-Jul-2010) | |
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| PSE (Pioneer Southwest Energy Partners LP | NYSE) All-time Highs (Yahoo Finance): Intraday $25.74 (08-Jul-2010), Daily Close $25.26 (09-Jul-2010) | |
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| RENT (Rentrak Corp | NASDAQ) All-time Highs (Yahoo Finance): Intraday $26.41 (09-Jul-2010), Daily Close $26.21 (09-Jul-2010) | |
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| SAN (Banco Santander Chile | NYSE) All-time Highs (Yahoo Finance): Intraday $75.30 (09-Jul-2010), Daily Close $74.92 (09-Jul-2010) | |
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| SXL (Sunoco Logistics Partners LP | NYSE) All-time Highs (Yahoo Finance): Intraday $75.51 (09-Jul-2010), Daily Close $74.73 (09-Jul-2010) | |
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| TLP (TransMontaigne Partners LP | NYSE) All-time Highs (Yahoo Finance): Intraday $31.93 (09-Jul-2010), Daily Close $31.87 (09-Jul-2010) | |
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| VGR (Vector Group Ltd | NYSE) All-time Highs (Yahoo Finance): Intraday $17.99 (09-Jul-2010), Daily Close $17.89 (09-Jul-2010) | |
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| VIT (VanceInfo Technologies Inc | NYSE) All-time Highs (Yahoo Finance): Intraday $26.50 (09-Jul-2010), Daily Close $26.37 (26-Apr-2010) | |
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| WPZ (Williams Partners LP | NYSE) All-time Highs (Yahoo Finance): Intraday $46.00 (09-Jul-2010), Daily Close $45.80 (09-Jul-2010) | |
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Related Posts:
- US All-Time Highs Last Week
- Canadian Large-Cap All-Time Highs
- Learning from the Past: Trend-trading Potash Corp 2006-2008
- Do All Time High Stocks Outperform? Research suggests they do.
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