Capital Senior Living (CSU) Barchart Chart of the Day

Summary:  Capital Senior Living (CSU) is the Chart of the Day. Since a Trend Spotter buy signal on 11/15 the stock is up 60.68% and still climbing.

Article:

Capital Senior Living (CSU) is the Barchart Chart of the Day.  We found the stock by sorting the Barchart New High list for frequency.  The Trend Spotter signaled a buy on 11/15 and since then the stock has climbed 60.68%.  This month alone the stock hit 15 new highs and climbed 28.85%.

The market has shown a major interest in anything serving our aging population and CSU currently owns interests in and/or operates 101 communities in 17 states with a capacity of approximately 13,600 residents.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 28.85% in the last month
• Relative Strength Index 87.73%
• Barchart computes a technical support level at 25.89
• Recently traded at 26.93 with a 50 day moving average of 21.36

Fundamenatal factors:

• Market Cap $758.62 million
• P/E 89.97
• Revenue projected to grow 14.30% this year and another 9.70% next year
• Earnings estimated to increase 46.40% this year, an additional 39.00% next year and continue to increase at an annual rate of 28.38% for the next 5 years
• Analysts issued 6 strong buy recommendations
• Financial Strength B

Exit strategy:  Watch the moving averages and if the total annual return drops below 10% or the stock trades below its 50 day moving average consider selling.

Capital Senior Living -- CSU -- added

I know senior living facilities will be a growth industry in the future but I added Capital Senior Living (CSU) to the Barchart Van Meerten Speculative portfolio because it is moving now.

Capital Senior Living Corporation (CSU) is one of the largest providers of senior living services in the United States. The Company currently owns interests in and/or operates 77 communities with a capacity of approximately 11,000 residents, including 15 communities that it manages for third parties. The Company also operates one home health care agency.  Annual sales are over $211 million dollars.  This is becoming a big business. Technical Factors: 100% Barchart technical buy signal Trend Spotter (tm) buy signal 10 new highs and up 73.16% in the last month Relative Strength Index 88.12% and rising Trades around 9.91 with a 50 day moving average of 6.20 Fundamental Factors: Wall Street brokerage analysts at Stifel Nicolas have a strong buy recommendation on this one Sales are projected to increase by 14.30% this year and 4.70% next year Earnings are estimated to jump by 57.90% this year, 56.70% next year and continue at 16.30% for the next 5 years Investor Sentiment: There is a growing interest in this sector not only as a life style but also as an investment The CAPS members on Motley Fool vote 42 to 11 that this is a company that can beat the market The more experienced All Stars agree by a vote of 12 to 4 This industry in general and this stock in particular deserves your attention. Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs. Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio.