5 Great Large Caps

This morning I wanted to find 5 Large Cap stocks that had great returns over the last year and still had current momentum.  I used Barchart to sort the S&P 500 Index stocks first for the highest Weighted Alpha and then for technical buy signals of 80% or more.  Today's Watch List includes:

Nvidia (NVDA), Align Technology (ALGN), Micron Technology (MU), Boeing (BA), and Lam Research (LRCX)

Nvidia (NVDA)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 16.42% in the last month
• Relative Strength Index 73.55
• Technical support level at 175.14
• 199.20% total return for the year
• Recently traded at 189.73 with a 50 day moving average of 165.96

Align Technology (ALGN)

Barchart technical indicators:

• 96% technical buy signals
• 99.51% total return this year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 11.04%
• Relative Strength Index 68.21%
• Technical support level at 183.24
• Recently traded at 187.35 with a 50 day moving average of 170.17

Micron Technology (MU)

Barchart technical indicators:

• 96% technical buy signals
• 103.15% total return this year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 1689% in the last month
• Relative Strength Index 75.44%
• Technical support level at 34.35
• Recently traded at 251.17 with a 50 day moving average of 231.75

Boeing (BA)

Barchart technical indicators:

• 100% technical buy signals
• 98.72% total return this year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 6.79% in the last month
• Relative Strength Index 74.87%
• Technical support level at 246.82
• Recently traded at 251.75 with a 50 day moving average of 231.75

Lam Research (LRCX)

Barchart technical indicators:

• 100% technical buy signals
• 89.97% total return this year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 10.04% in the last month
• Relative Strength Index 69.02%
• Technical support level at 171.85
• Recently traded at 177.25 with a 50 day moving average of 161.25

5 Great Large Caps

I wanted to find 5 great large cap stocks so I used Barchart to sort the S&P 500 Large Cap Index stocks.  First I sorted for new high frequency in the last month, then used the Flipchart feature to review the charts.

Today's list includes LAM Research (LRCX), NRG Energy (NRG), Zoetis Class A (ZTS), H & R Block (HRB) and Republic Services (RSG):

LAM Research (LRCX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 10.91% in the last month
• Relative Strength Index 79.57%
• Barchart computes a technical support level at 65.46
• Recently traded at 67.36 wit a 50 day moving  average of 59.67

NRG Energy (NRG )

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 10.20% in the last month
• Relative Strength Index 59.91%
• Barchart computes a technical support level at 36.76
• Recently traded at 37.14 with a 50 day moving average of 34.52

Zoetis Class A (ZTS)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 7.01% in the last month
• Relative Strength Index 67.62%
• Barchart computes a technical support level at 31.83
• Recently traded at 32.67 with a 50 day moving average of 30.74

H&R Block (HRB)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 13.72% in the last month
• Relative Strength Index 79.94%
• Barchart computes a technical support level at 32.63
• Recently traded at 33.38 with a 50 day moving average of 29.47

Republic Services (RSG)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 10.50% in the last month
• Relative Strength Index 67.06%
• Barchart computes a technical support level at 36.76
• Recently traded at 37.16 with a 50 day moving average of 34.52

Today's Hot Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stock with the best momentum, technical indicators and charts.  First I sorted the Index for the most frequent new highs in the last month, then used the Flipchart feature to review the charts.

Today's list includes US Bancorp (USB), Lam Research (LRCX), Southwest Airlines (LUV), Netflix (NFLX) and Apple (AAPL):

US Bancorp (USB)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 7.94% in the last month
• Relative Strength Index 80.63%
• Barchart computes a technical support level at 42.54
• Recently traded at 43.52 with a 50 day moving average of 41.32

Lam Research (LRCX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 13.75% in the last month
• Relative Strength Index 77.92%
• Barchart computes a technical support level at 64.46
• Recently traded at 65.04 with a 50 day moving average of 57.53

Southwest Airlines (LUV)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 12.68% in the last month
• Relative Strength Index 78.75%
• Barchart computes a technical support level at 26.99
• Recently traded at 27.45 with a 50 day moving average of 24.66

Netflix (NFLX)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 15 new highs and up 28.77% in the last month
• Relative Strength Index 68.75%
• Barchart computes a technical support level at 414.05
• Recently traded at 423.09 with a 50 day moving average of 360.39

Apple (AAPL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 12.02% in the last month
• Relative Strength Index 80.20%
• Barchart computes a technical support level at 90.98
• Recently traded at 93.70 with a 50 day moving average of 82.75

Lam Research - Barchart's Chart of the day

Lam Research (LCRX) is the Barchart Chart of the Day.   The semiconductor equipment stock has a Trend Spotter buy signal, a Weighted Alpha of 40.30+ and gained 34.33% in the last year.

The Chart of the Day is Lam Research (LRCX).  I found the stock by sorting today's New High List for new high frequency in the last month then used the Flipchart feature to find the chart I liked.  Since the Tredn Spotter signaled a buy on 4/24 the stock gained 10.71%.

The status of 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:

• 96% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 12.05% in the last month
• Relative Strength Index 76.09%
• Barchart computes a technical support level at 61.39
• Recently traded at 64.56 with a 50 day moving average of 56.95

Fundamental factors:

• Market Cap $10.48 billion
• P/E 15.70
• Revenue expected to grow 27.80% this year and another 6.40% next year
• Earnings estimated to increase by 98.20% this year, an additional 7.30% next year and continue to compound at an annual rate of 33.87% over the next 5 years
• Wall Street analysts issued 4 strong buy, 13 buy and 3 hold recommendation on the stock

Great growth stock.  As always use the 50 day moving average as a sign of weakness and bail  at the 100 day moving average.