5 Great Large Caps for Momentum Investors

This morning I wanted to find 5 great Large Caps for momentum investors to consider so I used Barchart to sort the S&P 500 Large Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Today's watch list includes:

Garmin (GRMN), Mohawk Industries (MHK), Tyson Foods (TSN), Ebay (EBAY) and Amgen (AMGN)

Garmin (GRMN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 29.17% in the last month
• Relative Strength Index 83.55%
• Technical support level at 53.95
• Recently traded at 54.86 with a 50 day moving average of 44.07

Mohawk Industries (MHK)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 9.99% in the last month
• Relative Strength Index 66.65%
• Technical support level at 204.07
• Recently traded at 208.29 with a 50 day moving average of 196.44

Tyson Foods (TSN)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 11.30% in the last month
• Relative Strength Index 69.40%
• Technical support level at 72.47
• Recently traded at 73.48 with a 50 day moving average of 66.19

Ebay (EBAY)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 29.48% in the last month
• Relative Strength Index 79.01%
• Technical support level at 30.38
• Recently traded at 30.79 with a 50 day moving average of 25.53

Amgen (AMGN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 12.88% in the last month
• Relative Strength Index 80.29%
• Technical support level at 171.28
• Recently traded at 174.15 with a 50 day moving average at 158.07