Mid Cap Stock Report
The highest scoring names in mid cap from 1 year ago (5/8/2013) returned bps more than the S&P 500. The best performers have been ILMN up 108%, VRX up 85%, TRN up 80%, UA up 68%, UTHR up 60%, and GMCR up 53%.
- The best scoring mid cap sector is utilities
- The top scoring mid cap industry is trucking
The average mid cap score is 54.97, above the four week moving average score of 53.62. The average mid cap is trading -14.73% below its 52 week high, 0.84% above its 200 dma, has 6.7 days to cover short, and is expected to grow its earnings per share by 19.2% next year.
Utilities are the best scoring mid cap sector, followed by consumer goods, basic materials, and financials. Healthcare and industrial goods score in line. Technology and services score below average.
| MID CAP | 5/8/2014 | 4 Week MA | |||
| Company Name | Symbol | Sector | INDUSTRY | SCORE | SCORE |
| BEST | |||||
| Frontier Comm. | FTR | TECHNOLOGY | TELECOM SERVICES - DOMESTIC | 105 | 103.75 |
| Teleflex | TFX | HEALTHCARE | MEDICAL INSTRUMENTS & SUPPLIES | 105 | 96.25 |
| Assurant Inc | AIZ | FINANCIALS | ACCIDENT & HEALTH INSURANCE | 100 | 75 |
| Centene Corp | CNC | HEALTHCARE | HEALTH CARE PLANS | 100 | 82.5 |
| Globus Medical | GMED | HEALTHCARE | MEDICAL APPLIANCES & EQUIPMENT | 100 | 97.5 |
| Home Properties | HME | FINANCIALS | REITS | 100 | 86.25 |
| Outerwall | OUTR | SERVICES | SPECIALTY RETAIL, OTHER | 100 | 80 |
| AERCap Holdings | AER | SERVICES | RENTAL & LEASING SERVICES | 95 | 92.5 |
| Alliance Resource Partners LP | ARLP | BASIC MATERIALS | INDUSTRIAL METALS & MINERALS | 95 | 97.5 |
| Carrizo Oil and Gas Inc | CRZO | BASIC MATERIALS | INDEPENDENT GAS & OIL | 95 | 93.75 |
| Dillard's Inc. | DDS | SERVICES | DEPARTMENT STORES | 95 | 85 |
| Energen Corp | EGN | UTILITIES | GAS UTILITIES | 95 | 80 |
| Hub Group Inc | HUBG | SERVICES | AIR DELIVERY & FREIGHT SERVICES | 95 | 98.75 |
| Old Dominion Freight Line Inc | ODFL | SERVICES | TRUCKING | 95 | 87.5 |
| Questcor Pharma | QCOR | HEALTHCARE | BIOTECHNOLOGY | 95 | 96.25 |
| Ryder Systems | R | SERVICES | RENTAL & LEASING SERVICES | 95 | 95 |
| S P X Corp. | SPW | INDUSTRIAL GOODS | DIVERSIFIED MACHINERY | 95 | 75 |
| Taubman Centers | TCO | FINANCIALS | REITS | 95 | 95 |
| Tenneco Automotive | TEN | CONSUMER GOODS | AUTO PARTS | 95 | 81.25 |
| Aaron's, Inc. | AAN | SERVICES | SPECIALTY RETAIL, OTHER | 90 | 73.75 |
| Cavium Networks | CAVM | TECHNOLOGY | SEMICONDUCTOR- BROAD LINE | 90 | 87.5 |
| Douglas Emmett | DEI | FINANCIALS | REITS | 90 | 88.75 |
| Flextronics | FLEX | TECHNOLOGY | PRINTED CIRCUIT BOARDS | 90 | 88.75 |
| I T T Corp | ITT | INDUSTRIAL GOODS | DIVERSIFIED MACHINERY | 90 | 75 |
| Newmarket Corp | NEU | BASIC MATERIALS | SPECIALTY CHEMICALS | 90 | 88.75 |
| Precision Drilling Corp | PDS | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 90 | 88.75 |
| Trinity Industries Inc | TRN | SERVICES | RAILROADS | 90 | 88.75 |
| Windstream Corp | WIN | TECHNOLOGY | TELECOM SERVICES - DOMESTIC | 90 | 88.75 |
| Aspen Insurance Hldng. | AHL | FINANCIALS | PROPERTY & CASUALITY INSURANCE | 85 | 92.5 |
| Akorn Inc | AKRX | HEALTHCARE | DRUGS-GENERIC | 85 | 66.25 |
| Compass Minerals International Inc | CMP | BASIC MATERIALS | SYNTHETICS | 85 | 77.5 |
| Flowers Foods | FLO | CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 85 | 75 |
| Heartland Express | HTLD | SERVICES | TRUCKING | 85 | 86.25 |
| John Wiley & Sons | JW.A | SERVICES | PUBLISHING-BOOKS | 85 | 77.5 |
| Kilroy Realty | KRC | FINANCIALS | REITS | 85 | 82.5 |
| Lifepoint Hospitals | LPNT | HEALTHCARE | HOSPITALS | 85 | 73.75 |
| Molina Healthcare | MOH | HEALTHCARE | HEALTH CARE PLANS | 85 | 63.75 |
| Newfield Expl Co | NFX | BASIC MATERIALS | INDEPENDENT OIL & GAS | 85 | 83.75 |
| New Jersey Resources | NJR | UTILITIES | GAS UTILITIES | 85 | 86.25 |
| PolyOne | POL | BASIC MATERIALS | SYNTHETICS | 85 | 82.5 |
| Patterson Energy | PTEN | BASIC MATERIALS | OIL & GAS DRILLING & EXPLORATION | 85 | 83.75 |
| RPC Inc | RES | BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 85 | 85 |
| Team Health Holdings | TMH | SERVICES | STAFFING & OUTSOURCING SERVICES | 85 | 65 |
| Texas Industries | TXI | INDUSTRIAL GOODS | CEMENT | 85 | 83.75 |
| WORST | |||||
| Cathay General Bancorp | CATY | FINANCIALS | REGIONAL BANKS | 15 | 20 |
| GoGo Inc. | GOGO | TECHNOLOGY | DIVERSIFIED COMMUNICATION SERVICES | 15 | 16.25 |
| J D S Uniphase | JDSU | TECHNOLOGY | COMMUNICATION EQUIPMENT | 15 | 21.25 |
| Panera Bread Co. | PNRA | SERVICES | SPECIALTY EATERIES | 15 | 21.25 |
| Brady Corp | BRC | SERVICES | BUSINESS SERVICES | 20 | 21.25 |
| Chicos Fas | CHS | SERVICES | APPAREL STORES | 20 | 18.75 |
| Harsco Corp | HSC | BASIC MATERIALS | STEEL & IRON | 20 | 18.75 |
| Medicine's Co. | MDCO | HEALTHCARE | DRUG MANUFACTURERS | 20 | 26.25 |
| Sears Holding Corp | SHLD | SERVICES | DEPARTMENT STORES | 20 | 22.5 |
| Tal Int'l Group | TAL | SERVICES | RENTAL & LEASING SERVICES | 20 | 21.25 |
The best mid cap industry is trucking (ODFL, HTLD). Gas utilities (EGN, NJR) also score highly. Oil & gas equipment & services (PDS, RES, EXH) are historically strong scoring through May. Use strength this month to normalize weights. Processed & packaged goods (FLO, GIS) benefit from market de-risking and profit margin opportunities tied to prior year price hikes and product/sizing innovation. Accident & health insurers (AIZ) also rank among our top scoring mid cap industries this week.
In mid cap basics, buy oil & gas equipment & services, industrial metals & minerals (ARLP, ATI), and specialty chemicals (NEU). In consumer goods, focus on processed & packaged goods, textiles (COLM, CRI, WWW), and business equipment (DBD). The best financials groups are accident & health insurers and REITs (HME, TCO, DEI, KRC, BMR). In healthcare, only medical instruments (TFX, NUVA, WST) score above average -- trade up in market cap for more options. Concentrate on aerospace/defense (ESL, ATK, CW) and diversified machinery (SPW, ITT, MIDD) in industrial goods. The top services baskets include trucking, auto dealers (PAG), and rental & leasing services (R, AER). In technology, buy printed circuit boards (FLEX) and computer peripherals (NICE, LXK).
As mentioned in prior reports, the coming three months are historically challenging for mid cap stocks; plan accordingly.
| MID CAP INDUSTRY SCORE BY SECTOR | 5/8/2014 | |
| Sector | INDUSTRY | SCORE |
| BASIC MATERIALS | OIL & GAS EQUIPMENT & SERVICES | 80.00 |
| BASIC MATERIALS | INDUSTRIAL METALS & MINERALS | 70.00 |
| BASIC MATERIALS | SPECIALTY CHEMICALS | 68.33 |
| BASIC MATERIALS | SYNTHETICS | 67.50 |
| BASIC MATERIALS | INDEPENDENT OIL & GAS | 66.25 |
| BASIC MATERIALS | OIL & GAS DRILLING & EXPLORATION | 46.67 |
| BASIC MATERIALS | STEEL & IRON | 35.83 |
| CONSUMER GOODS | PROCESSED & PACKAGED GOODS | 75.00 |
| CONSUMER GOODS | TEXTILES | 68.00 |
| CONSUMER GOODS | BUSINESS EQUIPMENT | 58.75 |
| CONSUMER GOODS | AUTO PARTS | 57.00 |
| CONSUMER GOODS | PACKAGING & CONTAINERS | 50.00 |
| FINANCIALS | ACCIDENT & HEALTH INSURANCE | 73.33 |
| FINANCIALS | REITS | 66.76 |
| FINANCIALS | ASSET MANAGEMENT | 48.00 |
| FINANCIALS | INVESTMENT BROKERAGE | 46.25 |
| FINANCIALS | REGIONAL BANKS | 44.55 |
| FINANCIALS | SURETY & TITLE INSURANCE | 43.33 |
| HEALTHCARE | MEDICAL INSTRUMENTS & SUPPLIES | 56.50 |
| HEALTHCARE | HOSPITALS | 55.00 |
| HEALTHCARE | BIOTECHNOLOGY | 53.33 |
| INDUSTRIAL GOODS | AEROSPACE/DEFENSE PRODUCTS & SERVICES | 62.50 |
| INDUSTRIAL GOODS | DIVERSIFIED MACHINERY | 58.75 |
| INDUSTRIAL GOODS | INDUSTRIAL ELECTRICAL EQUIPMENT | 45.00 |
| INDUSTRIAL GOODS | RESIDENTIAL CONSTRUCTION | 38.33 |
| SERVICES | TRUCKING | 85.00 |
| SERVICES | AUTO DEALERSHIPS | 66.67 |
| SERVICES | RENTAL & LEASING SERVICES | 64.00 |
| SERVICES | EDUCATION & TRAINING SERV | 55.00 |
| SERVICES | SPECIALTY RETAIL, OTHER | 55.00 |
| SERVICES | DEPARTMENT STORES | 53.33 |
| SERVICES | TECHNICAL SERVICES | 48.33 |
| SERVICES | APPAREL STORES | 47.00 |
| SERVICES | BUSINESS SERVICES | 46.82 |
| SERVICES | RESTAURANTS | 44.29 |
| SERVICES | MOVIE PRODUCTION, THEATERS | 41.67 |
| TECHNOLOGY | PRINTED CIRCUIT BOARDS | 68.33 |
| TECHNOLOGY | COMPUTER PERIPHERALS | 64.00 |
| TECHNOLOGY | SEMICONDUCTOR EQUIPMENT & MATERIALS | 53.33 |
| TECHNOLOGY | BUSINESS SOFTWARE & SERVICES | 52.78 |
| TECHNOLOGY | SCIENTIFIC & TECHNICAL INSTRUMENTS | 52.50 |
| TECHNOLOGY | SEMICONDUCTOR-BROAD LINE | 52.50 |
| TECHNOLOGY | INFORMATION & DELIVERY SERVICES | 51.67 |
| TECHNOLOGY | TECHiNICAL & SYSTEM SOFTWARE | 47.00 |
| TECHNOLOGY | SEMICONDUCTOR- INTEGRATED CIRCUITS | 41.67 |
| TECHNOLOGY | COMMUNICATION EQUIPMENT | 38.75 |
| UTILITIES | GAS UTILITIES | 83.33 |
None.
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