Mid Cap Report: Best And Worst - May 14, 2014
The highest scoring names in mid cap from 1 year ago (5/15/2013) returned 425 bps more than the S&P 500. The best performers have been ILMN up 104%, TRN up 88%, VRX up 72%, EGN up 64%, and UTHR up 57%.
- The best mid cap sector is utilities.
- The top mid cap industry is processed & packaged goods.
The average mid cap score is 55.31, above the four week moving average score of 54.67. The average mid cap stock is trading -14.14% below its 52 week high, 1.43% above its 200 dma, has 6.94 days to cover held short, and is expected to post EPS growth of 19.29% next year.
Utilities continue to score best across mid cap; however, we are seeing other sectors improve. Consumer, basics, financials, and healthcare all score above average this week. Services, industrials, and technology score below average.
MID CAP | 5/15/2014 | 4 Week MA | |||
Company Name | Symbol | Sector | INDUSTRY | SCORE | SCORE |
BEST | |||||
Frontier Comm. | FTR | TECHNOLOGY | TELECOM SERVICES - DOMESTIC | 105 | 103.75 |
Assurant Inc | AIZ | FINANCIALS | ACCIDENT & HEALTH INSURANCE | 100 | 83.75 |
Home Properties | HME | FINANCIALS | REITS | 100 | 93.75 |
Teleflex | TFX | HEALTHCARE | MEDICAL INSTRUMENTS & SUPPLIES | 100 | 96.25 |
AERCap Holdings | AER | SERVICES | RENTAL & LEASING SERVICES | 95 | 93.75 |
Centene Corp | CNC | HEALTHCARE | HEALTH CARE PLANS | 95 | 88.75 |
Dillard's Inc. | DDS | SERVICES | DEPARTMENT STORES | 95 | 91.25 |
Energen Corp | EGN | UTILITIES | GAS UTILITIES | 95 | 87.5 |
Helix Energy | HLX | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 95 | 76.25 |
Hub Group Inc | HUBG | SERVICES | AIR DELIVERY & FREIGHT SERVICES | 95 | 97.5 |
Old Dominion Freight Line Inc | ODFL | SERVICES | TRUCKING | 95 | 95 |
Questcor Pharma | QCOR | HEALTHCARE | BIOTECHNOLOGY | 95 | 96.25 |
Ryder Systems | R | SERVICES | RENTAL & LEASING SERVICES | 95 | 95 |
Taubman Centers | TCO | FINANCIALS | REITS | 95 | 95 |
Tenneco Automotive | TEN | CONSUMER GOODS | AUTO PARTS | 95 | 87.5 |
Aaron's, Inc. | AAN | SERVICES | SPECIALTY RETAIL, OTHER | 90 | 75 |
Aspen Insurance Hldng. | AHL | FINANCIALS | PROPERTY & CASUALITY INSURANCE | 90 | 91.25 |
Alliance Resource Partners LP | ARLP | BASIC MATERIALS | INDUSTRIAL METALS & MINERALS | 90 | 96.25 |
Carrizo Oil and Gas Inc | CRZO | BASIC MATERIALS | INDEPENDENT GAS & OIL | 90 | 92.5 |
Douglas Emmett | DEI | FINANCIALS | REITS | 90 | 90 |
Dupont Fabros | DFT | FINANCIALS | PROPERTY MANAGEMENT | 90 | 67.5 |
Flextronics | FLEX | TECHNOLOGY | PRINTED CIRCUIT BOARDS | 90 | 88.75 |
General Mills | GIS | CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 90 | 81.25 |
Globus Medical | GMED | HEALTHCARE | MEDICAL APPLIANCES & EQUIPMENT | 90 | 96.25 |
I T T Corp | ITT | INDUSTRIAL GOODS | DIVERSIFIED MACHINERY | 90 | 82.5 |
Newmarket Corp | NEU | BASIC MATERIALS | SPECIALTY CHEMICALS | 90 | 88.75 |
Trinity Industries Inc | TRN | SERVICES | RAILROADS | 90 | 90 |
Windstream Corp | WIN | TECHNOLOGY | TELECOM SERVICES - DOMESTIC | 90 | 88.75 |
Akorn Inc | AKRX | HEALTHCARE | DRUGS-GENERIC | 85 | 72.5 |
Compass Minerals International Inc | CMP | BASIC MATERIALS | SYNTHETICS | 85 | 77.5 |
Copart | CPRT | SERVICES | AUTO DEALERSHIPS | 85 | 71.25 |
Flowers Foods | FLO | CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 85 | 78.75 |
Genesco Inc. | GCO | SERVICES | APPAREL STORES | 85 | 71.25 |
Hain Celestial Group | HAIN | CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 85 | 65 |
Heartland Express | HTLD | SERVICES | TRUCKING | 85 | 86.25 |
Kilroy Realty | KRC | FINANCIALS | REITS | 85 | 83.75 |
Lifepoint Hospitals | LPNT | HEALTHCARE | HOSPITALS | 85 | 80 |
Molina Healthcare | MOH | HEALTHCARE | HEALTH CARE PLANS | 85 | 71.25 |
Newfield Expl Co | NFX | BASIC MATERIALS | INDEPENDENT OIL & GAS | 85 | 83.75 |
New Jersey Resources | NJR | UTILITIES | GAS UTILITIES | 85 | 86.25 |
Precision Drilling Corp | PDS | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 85 | 87.5 |
Assured Guaranty Ltd | AGO | FINANCIALS | SURETY & TITLE INSURANCE | 80 | 62.5 |
Apartment Inv. & Mgmt. | AIV | FINANCIALS | REITS | 80 | 82.5 |
Avista | AVA | UTILITIES | DIVERSIFIED UTILITIES | 80 | 81.25 |
Cavium Networks | CAVM | TECHNOLOGY | SEMICONDUCTOR- BROAD LINE | 80 | 86.25 |
Cadence Design | CDNS | TECHNOLOGY | TECHINICAL & SYSTEM SOFTWARE | 80 | 72.5 |
Columbia Sportswear | COLM | CONSUMER GOODS | TEXTILES | 80 | 72.5 |
Cooper Tire and Rubber Co | CTB | CONSUMER GOODS | RUBBER & PLASTICS | 80 | 75 |
Deluxe Corp | DLX | SERVICES | BUSINESS SERVICES | 80 | 73.75 |
Exterran Holdings | EXH | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 80 | 75 |
Knight Transportation Inc | KNX | SERVICES | TRUCKING | 80 | 77.5 |
NuVasive Inc | NUVA | HEALTHCARE | MEDICAL INSTRUMENTS & SUPPLIES | 80 | 78.75 |
New York Times | NYT | SERVICES | PUBLISHING-NEWSPAPERS | 80 | 71.25 |
PolyOne | POL | BASIC MATERIALS | SYNTHETICS | 80 | 82.5 |
Patterson Energy | PTEN | BASIC MATERIALS | OIL & GAS DRILLING & EXPLORATION | 80 | 82.5 |
RPC Inc | RES | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 80 | 83.75 |
Sirona Dental | SIRO | HEALTHCARE | MEDICAL APPLIANCES & EQUIPMENT | 80 | 71.25 |
Team Health Holdings | TMH | SERVICES | STAFFING & OUTSOURCING SERVICES | 80 | 71.25 |
Texas Industries | TXI | INDUSTRIAL GOODS | CEMENT | 80 | 82.5 |
Amerco Inc | UHAL | SERVICES | RENTAL & LEASING SERVICES | 80 | 78.75 |
Ultra Petroleum Corp. | UPL | BASIC MATERIALS | INDEPENDENT OIL & GAS | 80 | 82.5 |
WellCare Health | WCG | HEALTHCARE | HEALTH CARE PLANS | 80 | 56.25 |
WORST | |||||
Cumulus Media | CMLS | SERVICES | RADIO BROADCASTING | 15 | 23.75 |
GoGo Inc. | GOGO | TECHNOLOGY | DIVERSIFIED COMMUNICATION SERVICES | 15 | 16.25 |
Medicine's Co. | MDCO | HEALTHCARE | DRUG MANUFACTURERS | 15 | 22.5 |
Panera Bread Co. | PNRA | SERVICES | SPECIALTY EATERIES | 15 | 17.5 |
Air Methods | AIRM | SERVICES | AIR SERVICES, OTHER | 20 | 43.75 |
Andersons Inc | ANDE | CONSUMER GOODS | FARM PRODUCTS | 20 | 48.75 |
Sotheby's | BID | SERVICES | SPECIALTY RETAIL, OTHER | 20 | 23.75 |
Cleveland-Cliffs Inc | CLF | BASIC MATERIALS | STEEL & IRON | 20 | 21.25 |
Clovis Oncology | CLVS | HEALTHCARE | BIOTECHNOLOGY | 20 | 22.5 |
J D S Uniphase | JDSU | TECHNOLOGY | COMMUNICATION EQUIPMENT | 20 | 20 |
Louisiana-Pacific Corp | LPX | INDUSTRIAL GOODS | LUMBER, WOOD PRODUCTION | 20 | 26.25 |
The best scoring mid cap industry is processed & packaged goods (GIS, HAIN, FLO). Trucking (ODFL, HTLD, KNX) is strong scoring. Gas utilities (EGN, NJR) offer upside. Oil & gas equipment & services (HLX, PDS, RES, EXH) stocks score highly; however, May marks the end of strong seasonal tailwinds. Specialty chemicals (NEU, PPO) benefit from shale production and resulting global price advantages.
In mid cap basics, buy oil & gas equipment & services, specialty chemicals, and industrial metals & minerals (ARLP, BTU). In consumer, buy processed & packaged goods, textiles (COLM, CRI, SKX), and packaging & containers (MINI). In financials, the best scoring include accident & health insurers (AIZ) and REITs (HME, TCO, DEI, KRC, AIV). In healthcare, concentrate on medical instruments (TFX, NUVA, PKI). The only industrial goods group that scores above average is aerospace/defense (ESL, CW, ATK, HXL) ahead of air shows. The top services baskets include trucking, auto dealers (CPRT, PAG), and rental & leasing (R, AER, UHAL). In technology, printed circuit boards (FLEX, CLS) is the only industry to score above average. Utilities continue to offer upside into summer demand.
MID CAP INDUSTRY SCORE BY SECTOR | 5/15/2014 | |
Sector | INDUSTRY | SCORE |
BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 85.00 |
BASIC MATERIALS | SPECIALTY CHEMICALS | 75.00 |
BASIC MATERIALS | INDUSTRIAL METALS & MINERALS | 70.00 |
BASIC MATERIALS | SYNTHETICS | 66.25 |
BASIC MATERIALS | INDEPENDENT OIL & GAS | 63.75 |
BASIC MATERIALS | OIL & GAS DRILLING & EXPLORATION | 50.00 |
BASIC MATERIALS | STEEL & IRON | 41.67 |
CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 86.67 |
CONSUMER GOODS | TEXTILES | 67.00 |
CONSUMER GOODS | PACKAGING & CONTAINERS | 61.67 |
CONSUMER GOODS | AUTO PARTS | 61.00 |
CONSUMER GOODS | BUSINESS EQUIPMENT | 58.75 |
FINANCIALS | ACCIDENT & HEALTH INSURANCE | 73.33 |
FINANCIALS | REITS | 67.06 |
FINANCIALS | REGIONAL BANKS | 51.36 |
FINANCIALS | SURETY & TITLE INSURANCE | 50.00 |
FINANCIALS | INVESTMENT BROKERAGE | 46.25 |
FINANCIALS | ASSET MANAGEMENT | 43.00 |
HEALTHCARE | MEDICAL INSTRUMENTS & SUPPLIES | 58.00 |
HEALTHCARE | HOSPITALS | 52.50 |
HEALTHCARE | BIOTECHNOLOGY | 51.67 |
INDUSTRIAL GOODS | AEROSPACE/DEFENSE PRODUCTS & SERVICES | 59.38 |
INDUSTRIAL GOODS | DIVERSIFIED MACHINERY | 53.13 |
INDUSTRIAL GOODS | INDUSTRIAL ELECTRICAL EQUIPMENT | 48.75 |
INDUSTRIAL GOODS | RESIDENTIAL CONSTRUCTION | 33.33 |
SERVICES | TRUCKING | 86.67 |
SERVICES | AUTO DEALERSHIPS | 71.67 |
SERVICES | RENTAL & LEASING SERVICES | 66.00 |
SERVICES | DEPARTMENT STORES | 56.67 |
SERVICES | EDUCATION & TRAINING SERV | 56.67 |
SERVICES | APPAREL STORES | 55.00 |
SERVICES | SPECIALTY RETAIL, OTHER | 52.00 |
SERVICES | TECHNICAL SERVICES | 51.67 |
SERVICES | BUSINESS SERVICES | 50.00 |
SERVICES | MOVIE PRODUCTION, THEATERS | 45.00 |
SERVICES | RESTAURANTS | 35.71 |
TECHNOLOGY | PRINTED CIRCUIT BOARDS | 70.00 |
TECHNOLOGY | COMPUTER PERIPHERALS | 55.00 |
TECHNOLOGY | SEMICONDUCTOR EQUIPMENT & MATERIALS | 53.33 |
TECHNOLOGY | BUSINESS SOFTWARE & SERVICES | 52.78 |
TECHNOLOGY | INFORMATION & DELIVERY SERVICES | 50.00 |
TECHNOLOGY | SCIENTIFIC & TECHNICAL INSTRUMENTS | 50.00 |
TECHNOLOGY | TECHiNICAL & SYSTEM SOFTWARE | 50.00 |
TECHNOLOGY | SEMICONDUCTOR- INTEGRATED CIRCUITS | 45.00 |
TECHNOLOGY | SEMICONDUCTOR-BROAD LINE | 42.50 |
TECHNOLOGY | COMMUNICATION EQUIPMENT | 40.00 |
UTILITIES | GAS UTILITIES | 85.00 |
None.