Each weekend I use Barchart to screen for a list of stocks that I think may be of interest to my readers in the coming week. I am not recommending these stocks, I just want to share with you a screening process and it's up to you to do further research and see if there is a place in your portfolio for these issues.
I start with the list of stocks hitting new highs and lows for the last 20 days and sort for frequency. I then take the top 10 from each list that have hit new milestones in at least 50% of the last 20 sessions. That list of the 10 top gainers and 10 top losers is where I start.
I put them all in a test portfolio and then start eliminating stocks. First I cull any that do not score as 80% short term buy or sell signal on Barchart short term technical indicators. Next I cull any that do not have a positive or negative price change for the last 5 days. That list leaves me with just 11 issues out of the original 20. I list the information from Barchart and Yahoo Finance that is available to all of you.
Long Positions:
PTIE -- Pain Therapeutics is developing a new generation of opioid painkillers.Opioids are drugs derived from the poppy plant. The company uses technology to reformulate opioid drugs, such as morphine, into new painkillers with improved clinical benefits. The company has four opioid painkillers in Phase II clinical trials. The company believes its drugs offer enhanced pain relief, fewer adverse side effects and reduced tolerance and addiction compared to existing opioid painkillers.
The issue has hit new highs on 17 of the last 20 sessions with a 19.11% price appreciation in the last month. Analysts think the stock will increase sales 137.1% next year and have a 5 year compounded EPS growth rate of 83.0%
MEND -- Micrus Endovascular Corporation is a medical device company that develops, manufactures and markets implantable and disposable medical devices used in the treatment of cerebral vascular diseases.
Increases in price in 17 of 20 sessions plus an increase in price of 33.66%.
ISSI -Integrated Silicon Solutions designs, develops and markets high performance memory devices including static random access memory, low and medium density dynamic random access memory, and nonvolatile memory, as well as voice recording devices and certain microcontrollers and embedded memories. Their memory devices are used in networking applications, telecommunications, data communications, disk drives and other peripherals, personal computers, office automation, instrumentation and consumer products.
The stock has had a price appreciation on 14 of the last 20 sessions and a 46.11% price increase of the month. Analysts look for sales to grow 14.5% and EPS by 29.4% nest year with a 10% 5 year compounded EPS growth for the next 5 years
ZARLF -- Zarlink Semiconductor delivers wired, wireless and optical connectivity solutions that bring together networks and people, and it provides highly specialized ultra low-power chipsets for use in medical applications. Zarlink customers include Samsung, Motorola, Alcatel, Mitsubishi, Cisco, Sony, Nortel, Lucent, Siemens, Ericsson and Fujitsu.
Price appreciation in 14 of the last 20 session with a price appreciation of 54.45%. Analysts look for sales increase of 9.8% plus EPS growth of 1500% (off a loss) and a 5 years EPS growth of 12.5%.
SLE -- Sara Lee Corporation is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. The company's mission is to continue to build leadership brands in consumer packaged goods categories. The company has three global businesses: Food and Beverage, Intimates and Underwear, and Household Products through which it manufactures and markets products of exceptional quality and value under leading, well-known brand names such as Sara Lee, Earth Grains, Jimmy Dean, Douwe Egberts, Chock full o' Nuts, Hanes and Playtex.
13 price increase in the last 29 sessions with a 14.79% price increase. Analysts estimate an increase in sales of 4.0% with EPS growth of 8.9% next year plus EPS growth of 8.77% for the next 5 years.
PRGO -- Perrigo Company, is the nations largest manufacturer of store brand over-the-counter (non-prescription) pharmaceutical products and also manufactures store brand nutritional products. Store brand products are sold by national and regional supermarket, drugstore and mass merchandise chains under their own labels and compete with nationally advertised brands. The Company's products include analgesics, cough and cold remedies, antacids, laxatives, feminine hygiene and smoking cessation products, and vitamins, nutritional supplements and nutritional drinks.
Price appreciation in 13 of 20 sessions and a price increase of 16.73% for that period. Analysts estimates of sales up 7.9%, EPS up 9.2% and 5 year EPS growth of 17.45%
LANC -- Lancaster Colony Corp. manufactures and markets three families of products: Glassware and Candles; Specialty Foods; and Automotive. Consumer glassware includes a diverse line of decorative and ornamental products such as tumblers, bowls, pitchers, jars and barware. The food products manufactured and sold include salad dressings and sauces; fruit glazes, veggie dips and fruit dips; frozen unbaked pies. It also manufactures and sells a complete line of rubber, vinyl and carpeted car mats both in the aftermarket and to original equipment manufacturers.
13 of the last 20 session have had price increases with a 14.58% price appreciation. Analysts think EPS will be up 43.33% this year and revenue up 4.1% next year.
Sell or Short positions -- If you own these consider selling; if you're experienced you might short these:
DTSI -- DTS, Inc. is a digital technology company dedicated to delivering the ultimate entertainment experience. DTS decoders are in virtually every major brand of 5.1-channel surround processors, and there are more than 300 million DTS-licensed consumer electronics products available worldwide. A pioneer in multi-channel audio, DTS technology is in home theatre, car audio, PC and game console products, as well as DVD-Video, Surround Music and DVD-ROM software.
Price decreases in 14 of the last 20 sessions for a loss of 12.41%.
PBIB -- PBI Bank, Inc. provide quality banking services, great rates and excellent customer service. We believe PBI Bank represents the future of banking and our growing customer base agrees. PBI Bank, Inc. is headquartered in Louisville, KY. They have many banking centers across Central Kentucky to serve our customers banking needs.
Price deceases in 13 of the last 20 sessions plus a 23.73 Loss in price
ELGX -- Endologix, Inc. develops, manufactures and markets products for the treatment of coronary and vascular diseases. A leader in the emerging field of vascular brachytherapy, Endologix, has developed a unique method for the delivery of radiation to prevent restenosis following the interventional treatment of atherosclerosis.
11 prices losses in 20 sessions for a 15.62% loss.
Bonus stock:
This is a stock you may eventually hate. It has no revenue and has a lost of competition and it's price action may for tell a pump and dump. This is a lotto ticket.
NGLF -- National Golf Emprioum -- 17 price increase in to session for a 200% price increase -- only for the most experienced speculators.
Don't buy or sell any of these without through research to see if the trades are right for you.
Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email JimVanMeerten@gmail.com
Disclosure: no positions in any of these stocks at the time of publication
It's an wonderful article to know the details. Waiting for the downcast cost to grow terrifically is absolute thoughtlessness. Selling the stocks at the accurate time is the best technique for stock market investing.
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