Today I wanted to find 5 Large Cap stocks that would be of inter st for Momentum Investors. I used Barchart to sort the S&P 500 Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  

Today's Watch List includes: Essex Properties (ESS), Applied Materials (AMAT), Brown Forman (BF-B), Cognizant Technology Solutions (CTSH) and Electronic Arts (EA)

Essex Properties

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 7.81% in the last month
• Relative Strength Index 79.38%
• Technical support level at 251.92
• Recently traded at 255.35 with a 50 day moving average of 238.62

Applied Materials

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 15.81% in the last month
• Relative Strength Index 64.86%
• Technical support level at 42.99
• Recently traded at 43.88 with a 50 day moving average of 40.03

Brown Forman

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 14.13% in the last month
• Relative Strength Index 84.75%
• Technical support level at 50.90
• Recently traded at 52.51 with a 50 day moving average of 47.28

Cognizant Technology Solutions

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 12.76% in the last month
• Relative Strength Index 77.17%
• Technical support level at 64.19
• Recently traded at 65.22 with a 50 day moving average of 60.03

Electronic Arts

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 20.64% in the last month
• Relative Strength Index 69.97%
• Technical support level at 103.70
• Recently traded at 107.17 with a 50 day moving average of 93.44