Healthways - Small Cap Pick

I used Barchart to sort the S&P 600 Small Cap Index stocks to find the one with the most frequent new highs in the last month.  The sort revealed Healthways (HWAY) a medical services company.

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal - up 19.07% since the 11/24 buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 22.19% in the last month
• Relative Strength Index 85.36%
• Barchart computes a technical support level at 17.86
• Recently traded at 18.67 with a 50 day moving average of 15.61

Fundamental factors:

• Market Cap $660.17 million
• Revenue expected to grow 11.90% this year and another 8.90% next year
• Earnings estimated to increase 188.00% this year, an additional 86.40% next year and compound at an annual rate of 1.67% over the next 5 years
• Wall Street analysts are all over the place with 3 strong buy, 2 buy, 3 hold, 2 under perform and 1 sell recommendations on the stock