Wednesday, October 13, 2010

Bemis - BMS - New High pick of the day - 10/13

Bemis Company, Inc. (BMS) a principal manufacturer of flexible packaging products and pressure sensitive materials selling to customers throughout the United States, Canada, and Europe with a growing presence in Asia Pacific, South America, and Mexico. The primary market for its products is the food industry. Other markets include companies in chemical, agribusiness, medical, pharmaceutical, sanitary products, graphic industries, and other consumer goods.

Points to consider:
  • 96% Barchart overall buy signal
  • 19 new highs in 20 sessions
  • 9.80% price increase last month
  • Relative Strength Index 80.53% and rising

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