Large Cap Best And Worst Report

By Todd Campbell
Tuesday, April 8, 2014 12:30 PM EDT

The highest scoring names in large cap from 1 year ago (4/9/2014) returned an average 22.52% in the past year. Performance has been led MGA up 74%, NOC up 73%, CMG up 67%, and GLW up 64%.

  • Utilities are the top scoring large cap sector.
  • Industrial metals & minerals is the top scoring industry.

The average large cap score is 56.92 this week, below the four week moving average score of 60.90.  The average large cap is trading -11.22% below its 52 week high, 2.49% above its 200 dma, has 3.93 days to cover short, and is expected to grow earnings by 14.06% next year.
 
Utilities, industrial goods, healthcare and consumer goods score above average this week.  Basics score in line.  Technology, financials, and services score below average.

LARGE CAP       4/10/2014 4 Week  MA
Company Name Symbol Sector INDUSTRY SCORE SCORE
BEST          
Amphenol Corp APH TECHNOLOGY DIVERSIFIED ELECTRONICS 105 98.75
Avalonbay Comm. AVB FINANCIALS REITS 105 82.5
Eqt Corp EQT UTILITIES GAS UTILITIES 105 91.25
Johnson & Johnson JNJ HEALTHCARE DRUG MANUFACTURERS 105 80
Kellogg Company K CONSUMER GOODS PROCESSED & PACKAGED GOODS 105 82.5
Burger King BKW SERVICES RESTAURANTS 100 96.25
EnCana Corp ECA BASIC MATERIALS INDEPENDENT OIL & GAS 100 95
Edison Intl EIX UTILITIES ELECTRIC UTILITIES 100 85
Essex Ppty Trust ESS FINANCIALS REITS 100 93.75
Intuitive Surgical ISRG HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 100 92.5
Wisconsin Energy WEC UTILITIES DIVERSIFIED UTILITIES 100 86.25
Core Lab CLB BASIC MATERIALS OIL & GAS EQUIPMENT & SERVICES 95 91.25
Camden Ppty CPT FINANCIALS REITS 95 81.25
Covance Inc. CVD HEALTHCARE RESEARCH SERVICES 95 90
Dover Corp DOV INDUSTRIAL GOODS DIVERSIFIED MACHINERY 95 72.5
The Directv Group Inc DTV TECHNOLOGY COMMUNICATION EQUIPMENT 95 80
Entergy Corp New ETR UTILITIES ELECTRIC UTILITIES 95 68.75
Edwards Lifesciences EW HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 95 90
General Dynamics GD INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 95 91.25
Green Mtn. Coffee Roasters GMCR CONSUMER GOODS PROCESSED & PACKAGED GOODS 95 81.25
Idexx Lab IDXX HEALTHCARE DIAGNOSTIC SUBSTANCES 95 83.75
Illumina ILMN HEALTHCARE BIOTECHNOLOGY 95 90
Eli Lilly LLY HEALTHCARE DRUG MANUFACTURERS 95 73.75
Microchip Tech MCHP TECHNOLOGY SEMICONDUCTOR-SPECIALIZED 95 101.25
Mdu Res Group Inc MDU INDUSTRIAL GOODS GENERAL BUILDING MATERIALS 95 88.75
Merck MRK HEALTHCARE DRUG MANUFACTURERS 95 83.75
Nextera Energy NEE UTILITIES ELECTRIC UTILITIES 95 92.5
O'Reilly Auto ORLY SERVICES AUTO PARTS STORES 95 88.75
Pentair PNR INDUSTRIAL GOODS INDUSTRIAL EQUIPMENT & COMPONENTS 95 83.75
P P L Corp PPL UTILITIES ELECTRIC UTILITIES 95 78.75
Reynolds American RAI CONSUMER GOODS CIGARETTES 95 86.25
S L Green SLG FINANCIALS REITS 95 88.75
Transdigm Group Inc. TDG INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 95 91.25
Tyson Foods TSN CONSUMER GOODS MEAT PRODUCTS 95 93.75
Xcel Energy Inc XEL UTILITIES ELECTRIC UTILITIES 95 87.5
Alexion Pharma ALXN HEALTHCARE DRUG MANUFACTURERS 90 87.5
Autozone AZO SERVICES AUTO PARTS STORES 90 92.5
Brown Forman Corp BF.B CONSUMER GOODS BEVERAGES 90 80
Cameco CCJ BASIC MATERIALS INDUSTRIAL METALS & MINERALS 90 73.75
Continental Resources CLR BASIC MATERIALS OIL & GAS DRILLING & EXPLORATION 90 91.25
Cummins Inc CMI INDUSTRIAL GOODS DIVERSIFIED MACHINERY 90 78.75
Campbell Soup CPB CONSUMER GOODS PROCESSED & PACKAGED GOODS 90 77.5
C V S Corp CVS SERVICES DRUG STORES 90 88.75
Walt Disney Company DIS SERVICES ENTERTAINMENT- DIVERSIFIED 90 91.25
DaVita Inc DVA HEALTHCARE SPECIALIZED HEALTH SERVICES 90 87.5
Eastman Chemical Co EMN BASIC MATERIALS CHEMICALS- MAJOR DIVERSIFIED 90 87.5
E O G Resources EOG BASIC MATERIALS INDEPENDENT OIL & GAS 90 80
Corning GLW TECHNOLOGY COMMUNICATION EQUIPMENT 90 91.25
Goodyear Tire GT CONSUMER GOODS RUBBER & PLASTICS 90 70
Halliburton HAL BASIC MATERIALS OIL & GAS EQUIPMENT & SERVICES 90 88.75
Intel INTC TECHNOLOGY SEMICONDUCTOR- BROAD LINE 90 61.25
L3 Communications LLL SERVICES SECURITY & PROTECTION SERVICES 90 87.5
Lorillard Inc LO CONSUMER GOODS CIGARETTES 90 90
Medtronic MDT HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 90 72.5
Mead Johnson Nutrition MJN CONSUMER GOODS PROCESSED & PACKAGED GOODS 90 76.25
Northrup Grumman NOC INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 90 86.25
Public Service Ent. PEG UTILITIES DIVERSIFIED UTILITIES 90 85
Quanta Svcs Inc PWR INDUSTRIAL GOODS GENERAL CONTRACTORS 90 77.5
Scana Corp New SCG UTILITIES DIVERSIFIED UTILITIES 90 86.25
Constellation Brands STZ CONSUMER GOODS BEVERAGES 90 71.25
Time Warner Cable Inc TWC SERVICES CATV SYSTEMS 90 76.25
Under Armor UA CONSUMER GOODS TEXTILES 90 78.75
Weatherfold International Inc WFT BASIC MATERIALS OIL & GAS EQUIPMENT & SERVICES 90 87.5
           
WORST          
Bed Bath & Beyond BBBY SERVICES HOME FURNISHING & FIXTURES 15 26.25
Fireeye Inc FEYE TECHNOLOGY APPLICATION SOFTWARE 15 43.75
Gerdau SA GGB BASIC MATERIALS STEEL & IRON 15 27.5
Mattel Inc MAT CONSUMER GOODS TOYS & GAMES 15 35
Nomura Holdings NMR FINANCIALS INVESTMENT BROKERAGE 15 23.75
Sei Investments Co SEIC FINANCIALS INVESTMENT BROKERAGE 15 40
Alnylam Pharma ALNY HEALTHCARE BIOTECHNOLOGY 20 32.5
Mobile Telesystems OJSC MBT TECHNOLOGY WIRELESS COMMUNICATIONS 20 40
Qiagen NV QGEN SERVICES RESEARCH SERVICES 20 38.75
Rackspace Hosting Inc. RAX TECHNOLOGY INFORMATION TECHNOLOGY SERVICES 20 27.5

 

This next chart shows historical average scores for our large cap universe by sector.


 The following chart breaks out 10 year average returns by trading day for the month of April.



The top scoring large cap industry is industrial metals & minerals (CCJ, CNX). Electric (EIX, XEL, PPL, NEE, ETR) and diversified utilities (WEC, SCG, PEG, NU) are high scoring in line with typical seasonal shoulder month strength. Natural gas prices tend to drive marginal electricity prices, suggesting solid summer pricing for peak load capacity ramps. Drug stores (CVS, RAD) benefit as the patent cliff re-exerts. $66 billion in patented drugs are expected to lose exclusivity in 2015, up from $34 billion this year and $28 billion in 2013. Semi ICs (MRVL, TSM) also score highly; however, it should be noted that the SEMI book-to-bill historically peaks in the second quarter.


In large cap basic materials, industrial metals & minerals, independent oil & gas (ECA, EOG, SWN, RRC, APC), and oil & gas equipment & services (CLB, WFT, HAL, BHI) score best. In consumer goods, buy processed & packaged goods (K, GMCR, MJN), beverages (STZ, BF.B, DPS), and cigarettes (RAI, LO). In financials, the best scoring baskets are REITs (AVB, ESS, SLG, CPT, VNO, PSA, EQR), money center banks (WFC, STI, JPM), and regional banks (USB, BBT, CMA). The top healthcare groups are medical appliances (ISRG, EW, MDT), healthcare plans (HUM, WLP, AET), and drug makers (JNJ, MRK, LLY, ALXN, ABBV).  Every industrial goods group scores above average, led by diversified machinery (DOV, CMI, PLL) and aerospace/defense (TDG, GD, NOC, BA). Aerospace/defense stocks offer upside ahead of the July Farnborough Air Show. In services, focus on drug stores, railroads (UNP, NSC, CSX), and grocery stores (KR). The best technology industries include semi ICs, telecom services (CTL, T), diversified computer (TDC, IBM), and specialized semiconductor (MCHP, LSI, FSLR).

 

LG CAP INDUSTRY SCORE BY SECTOR   4/10/2014
Sector Industry SCORE
     
BASIC MATERIALS INDUSTRIAL METALS & MINERALS 85.00
BASIC MATERIALS INDEPENDENT OIL & GAS 68.24
BASIC MATERIALS OIL & GAS EQUIPMENT & SERVICES 63.64
BASIC MATERIALS OIL & GAS PIPELINES 60.00
BASIC MATERIALS CHEMICALS- MAJOR DIVERSIFIED 59.17
BASIC MATERIALS OIL & GAS DRILLING & EXPLORATION 58.33
BASIC MATERIALS AGRICULTURAL CHEMICALS 53.00
BASIC MATERIALS MAJOR INTEGRATED OIL AND GAS 51.25
BASIC MATERIALS GOLD 47.50
BASIC MATERIALS OIL & GAS REFINING & MARKETING 47.50
BASIC MATERIALS STEEL & IRON 41.43
CONSUMER GOODS PROCESSED & PACKAGED GOODS 71.88
CONSUMER GOODS BEVERAGES 67.78
CONSUMER GOODS CIGARETTES 67.50
CONSUMER GOODS AUTO PARTS 66.67
CONSUMER GOODS FOOD - MAJOR DIVERSIFIED 57.50
CONSUMER GOODS TEXTILES 52.78
CONSUMER GOODS AUTO MANUFACTURERS- MAJOR 44.17
CONSUMER GOODS PERSONAL PRODUCTS 44.00
FINANCIALS REITS 70.48
FINANCIALS MONEY CENTER BANKS 61.67
FINANCIALS REGIONAL BANKS 59.00
FINANCIALS CREDIT SERVICES 55.63
FINANCIALS LIFE INSURANCE 50.00
FINANCIALS PROPERTY & CASUALITY INSURANCE 49.06
FINANCIALS FOREIGN MONEY CENTER BANKS 44.00
FINANCIALS INSURANCE BROKERS 42.50
FINANCIALS ASSET MANAGEMENT 40.00
FINANCIALS SAVINGS & LOANS 37.50
FINANCIALS INVESTMENT BROKERAGE 35.00
HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 66.88
HEALTHCARE HEALTH CARE PLANS 66.00
HEALTHCARE DRUG MANUFACTURERS 61.96
HEALTHCARE MEDICAL INSTRUMENTS & SUPPLIES 60.00
HEALTHCARE BIOTECHNOLOGY 47.08
INDUSTRIAL GOODS DIVERSIFIED MACHINERY 70.71
INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 68.00
INDUSTRIAL GOODS FARM & CONSTRUCTION MACHINERY 60.00
INDUSTRIAL GOODS INDUSTRIAL EQUIPMENT & COMPONENTS 58.75
SERVICES DRUG STORES 72.50
SERVICES RAILROADS 66.00
SERVICES GROCERY STORES 61.67
SERVICES ENTERTAINMENT- DIVERSIFIED 58.75
SERVICES RESTAURANTS 57.00
SERVICES CATV SYSTEMS 55.71
SERVICES LODGING 55.00
SERVICES DRUGS WHOLESALE 53.33
SERVICES BUSINESS SERVICES 50.00
SERVICES DEPARTMENT STORES 48.33
SERVICES APPAREL STORES 46.43
SERVICES AIR DELIVERY & FREIGHT SERVICES 46.25
SERVICES DISCOUNT, VARIETY STORES 45.83
SERVICES RESORTS AND CASINOS 45.00
TECHNOLOGY SEMICONDUCTOR- INTEGRATED CIRCUITS 72.50
TECHNOLOGY TELECOM SERVICES - DOMESTIC 70.00
TECHNOLOGY DIVERSIFIED COMPUTER SYSTEMS 68.33
TECHNOLOGY SEMICONDUCTOR-SPECIALIZED 66.25
TECHNOLOGY SEMICONDUCTOR- BROAD LINE 65.00
TECHNOLOGY COMMUNICATION EQUIPMENT 64.17
TECHNOLOGY DATA STORAGE DEVICES 60.00
TECHNOLOGY SEMICONDUCTOR EQUIPMENT & MATERIALS 60.00
TECHNOLOGY BUSINESS SOFTWARE & SERVICES 58.00
TECHNOLOGY DIVERSIFIED COMMUNICATION SERVICES 56.67
TECHNOLOGY SCIENTIFIC & TECHNICAL INSTRUMENTS 53.75
TECHNOLOGY TECHINICAL & SYSTEM SOFTWARE 51.67
TECHNOLOGY INTERNET INFORMATION PROVIDER 50.00
TECHNOLOGY APPLICATION SOFTWARE 46.50
TECHNOLOGY INTERNET SOFTWARE & SERVICES 45.00
TECHNOLOGY WIRELESS COMMUNICATIONS 41.25
UTILITIES ELECTRIC UTILITIES 77.14
UTILITIES DIVERSIFIED UTILITIES 73.00
UTILITIES FOREIGN UTILITIES 61.67

 

 

None.

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