My 5 Favorite Large Caps

I used Barchart to find the S&P 500 Large Cap stocks with the best technical buy signals and charts.  First I sorted the Index for the best technical buy signals, then I used to Flipchart feature to find the 5 charts I liked.

Today's list includes Zoetis (ZTS), Weyerhaeuser (WY), Sherwin-Williams (SHW), Principal Financial Group (PFG), Lyondellbasell Industries (LYB):

Zoetis (ZTS)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 5.81% in the last month
• Relative Strength Index 71.18%
• Barchart computes a technical support level at 34.30
• Recently traded at 34.76 with a 50 day moving average of 32.76

Weyerhaeuser (WY)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 6.42% in the last month
• Relative Strength Index 75.75%
• Barchart computes a technical support level at 33.64
• Recently traded at 34.39 with a 50 day moving average of 32.23

Sherwin-Williams (SHW)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 2.33% in the last month
• Relative Strength Index 68.71%
• Barchart computes a technical support level at 212.70
• Recently traded at 217.50 with a 50 day moving average of 207.82

Principal Financial Group (PFG)

Barchart technical indicators:

• 100% Bachart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 3.27% in the last month
• Relative Strength Index 69.02%
• Barchart computes a technical support level at 51.66
• Recently traded at 53.37 with a 50 day moving average of 50.82

Lyondellbasell Industries (LYB)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 11.26% in the last month
• Relative Strength Index 74.56%
• Barchart computes a technical support level at 111.48
• Recently traded at 112.49 with a 50 day moving average of 103.29

Zoetis - Barchart Chart of the Day

Zoetis (ZTS) is the Barchart Chart of the Day.  The veterinary medicine stock has a Trend Spotter buy signal, a Weighted Alpha of 14.70+ and gained 13..10% in the last year.

The Chart of the Day belongs to Zoetis (ZTS).  I found the stock by sorting today's New High List for the highest technical buy signals then used the Flipchart feature to review the charts.

Zoetis Inc. is an animal health company. The company discovers, develops, manufactures and markets veterinary vaccines and medicines with a focus on both farm and companion animals. It primarily operates in the United States, Europe, Africa, the Middle East, Canada, Latin America, and the Asia Pacific.

 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
• 6 new highs and up 3.79% in the last month
• Relative Strength Index 65.24%
• Barchart computes a technical support level at 33.57
• Recently traded at 33.93 with a 50 day moving average of 32.61

Fundamental factors:

• Market Cap $17.00 billion
• P/E 22.65
• Dividend yield .87%
• Revenue expected to grow 3.50% this year and another 5.80% next year
• Earnings estimated to increase 7.70% this year, an additional 13.10% next year and continue to increase by 12.76% annually for the next 5 years
• Wall Street analysts issued 8 strong buy, 4 buy, 2 hold and 1 under perform recommendations on the stock

People are spending more on medicine for their pets than they do on themselves.  Looks good but as always use the 50 and 100 day moving averages as your guide.