The 5 Best Nasdaq 100 Stocks - August 19, 2015

Today I wanted to find the best stocks in the NASDAQ 100 Index so I used Barchart to sort the list first by Weighted Alpha then for Technical Buy Signals of 80% or better. Next I used the Flipchart feature to review the charts.

Today's list includes Netflix (NASDAQ:NFLX), Monster Beverage (NASDAQ:MNST),

O'Reilly Automotive (NASDAQ:ORLY), Starbucks (NASDAQ:SBUX) and Ross Stores (NASDAQ:ROST).

Netflix

Barchart technical indicators:

• 88% Barchart technical buy signals
• 95.06+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 8.09% in the last month
• Relative Strength Index 65.88%
• Barchart computes a technical support level at 121.58
• Recently traded at 124.05 with a 50 day moving average of 105.55

Monster Beverage

Barchart technical indicators:

• 80% Barchart technical buy signals
• 68.74+ Weighted Alpha
• Trend Spotter hold signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 7.47% in the last month
• Relative Strength Index 57.42%
• Barchart computes a technical support level at 149.01
• Recently traded at 150.22 with a 50 day moving average of 140.55

O'Reilly Automotive

Barchart technical indicators:

• 96% Barchart technical buy signals
• 63.69+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 6.60% in the last month
• Relative Strength Index 74.39%
• Barchart computes a technical support level at 250.89
• Recently traded at 254.45 with a 50 day moving average of 236.83

Starbucks

Barchart technical indicators:

• 88% Barchart technical buy signals
• 53.33+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 3.84% in the last month
• Relative Strength Index 61.28%
• Barchart computes a technical support level at 57.45
• Recently traded at 57.83 with a 50 day moving average of 55.40

Ross Stores

Barchart technical indicators:

• 100% Barchart technical buy signals
• 50.27+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 8.15% in the last month
• Relative Strength Index 77.22%
• Barchart computes a technical support level at 55.06
• Recently traded at 56.53 with a 50 day moving average of 51.55