Showing posts with label PDS. Show all posts
Showing posts with label PDS. Show all posts

Thursday, April 7, 2011

5 Great Stocks

What makes a great stock?  How about what stocks have most consistently hit new highs over the last 6 months.  At the market close today I used Barchart to find the 5 stocks that have hit the most frequent new highs in the last 6 months.  Look at this list and compare it to where you've had your money invested for the last 6 months.

PDS - Precision Drilling - an innovative, performance oriented, integrated oilfield drilling and energy service company. They are committed to providing technologically advanced equipment, and expertise, a safe operating environment, and quality service to the oil and gas and industrial businesses.


  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • 55 new highs and up 103.23% in the last 6 month
  • Relative Strength Index 76.86% and still rising
  • Trades around 14.47 with a 50 day moving average of 11.88
ADP = Automatic Data Processing - one of the largest providers of computerized transaction processing, data communication, and information services in the world. ADP Employer Services offers a comprehensive range of payroll, human resources, benefits administration, time and attendance, tax filing and reporting, professional employer organization, compliance management and retirement plan services to employers in the United States, Canada, Europe and Latin America.


  • 100% Barchart technical buy signal
  • Trend spotter buy signal
  • 50 new highs and up 27.36% in the last 6 months
  • Relative Strength Index 74.32% and still rising
  • Trades around 52.93 with a 50 day moving average of 49.25
KCI - Kinetic Concepts - a global medical technology company with leadership positions in advanced wound care and therapeutic surfaces.


  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • 49 new highs and up 48.20% in the last 6 months
  • Relative Strength Index 73.62% and still rising
  • Trades around 55.37 with a 50 day moving average of 49.94
ERIE - Erie Indemnity - principal business activity consists of management of the affairs for Erie Insurance Exchange. The company alsoparticipates in the property/casualty insurance business through its three wholly owned subsidiaries, Erie Insurance Company, Erie Insurance Company of New York, and Erie Insurance Property and Casualty Company and through its management of the Flagship City Insurance Company, a subsidiary of Erie Insurance Exchange.


  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • 48 new highs and up 30.96% in the last 6 months
  • Relative Strength Index 62.81% and still rising
  • Trades around 71.80 with a 50 day moving average of 69.04
AON - Aon Corp - a holding company whose operating subsidiaries carry onbusiness in three distinct segments: insurance brokerage and other services; consulting; and insurance underwriting. The Insurance Brokerage and Other Services segment consists of its retail and reinsurance brokerage operations. The Consulting segment provides consulting services including employee benefits, human resources, and change management. Its Insurance Underwriting segment sells life and accident and health insurance, extended warranty, specialty and other insurance products.


  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • 45 new highs and up 38.54% in the last 6 months
  • Relative Strength Index 68.35% and still rising
  • Trades around 54.17 with a 50 day moving average of 51.05
How much more steam do the have??  I have no idea, but eveyone of then still has a rising Relative Strength Index

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.









Monday, February 14, 2011

Precision Drilling - Cahrt of the Day


Chart of the Day - Precision Drilling Corporation (PDS)
Related Stocks
 PDS - Precision Drilling Corp
Sym Last Chg Pct
PDS 11.27 +0.16 +1.44%
The "Chart of the Day" is Precision Drilling Corporation (PDS), which showed up on last Friday's Barchart "NYSE 12-month high" list. PDS gapped higher last Friday and climbed to a 2-1/3 year high of $11.15 on heavy volume and finished the day up +5.8%. Last Thursday, PDS reported Q4 revenue of C$435.5 million, higher than consensus of C$369.30 million and said it has a strong portfolio of long-term customer contracts. PDS expects to have an average of approximately 110 rigs and 93 rigs committed under term contracts in North America in Q1 and Q2 of 2011, respectively, and an average of 85 rigs contracted for the entire year of 2011. In Canada, term contracted rigs generate from 200 to 250 utilization days per rig year due to the seasonal nature of well access, whereas in the U.S. they generate about 350 utilization days per rig year in most regions. Last Friday morning, Raymond James upgraded Precision Drilling to "outperform" from "market perform" following the better than expected Q4 report. Trendspotter (tm) has been long PDS for the past 4 months at a price of $7.12 a share. Precision Drilling, with a market cap of $2.894 billion is an innovative, performance oriented, integrated oilfield drilling and energy service company. They are committed to providing technologically advanced equipment, and expertise, a safe operating environment, and quality service to the oil and gas and industrial businesses.
pds_700



How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for NYSE 12-month highs. A new 12-month high is a popular sign of upside momentum. Then we applied a "Custom View" heading with the Barchart Opinion ranking as one of the columns. we then sorted the list by the Barchart Opinion ranking in order to find the stocks with the highest Opinion.
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily Trendspotter(tm) trading system is a "Buy." 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.
  • Trendspotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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