Omnicom Group - Best Large Cap Today

Today I used Barchart to sort the S&P 500 Large Cap Index stock to find the one with the most frequent new highs in the last month.  Today's sort yielded Omnicom Group (OMC):

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 6.32% in the last month
• Relative Strength Index 71.09%
• Barchart computes a technical support level at 76.79
• Recently traded at 77.70 with a 50 day moving average of 71.84

Fundamental factors:

• Market Cap $19.52 billion
• P/E 18.80
• Dividend yield 2.55%
• Revenue expected to grow 4.90% this year and another 4.20% next year
• Earnings estimated to increase 9.60% this year, an additional 9.30% next year and continue to increase at an annual rate of 7.25% for the next 5 years
• Wall Street analysts issued 1 strong buy, 5 buy, 11 hold, 1 under perform and 1 sell recommendation on the stock

The technical trading strategy that has been recently working on this stock is the 50 day moving average vs price and should be used for an exit point.