Mid Cap Report - Best And Worst

Those mid caps with scores greater than 90 one year ago (3/13/2013) returned 577 bps more than the MDY in the past year, led by ILMN up 220%, NFLX up 133%, ACT  up 133%, VRX up 102%, ACXM up 102%, and GMCR up 95%.


 

  • The best mid cap sector is consumer goods
  • The top mid cap industry is trucking. 

The average mid cap score is 70.52 this week, above the four week moving average score of 68.85. The average mid cap is trading -11.02% below its 52 week high, 7.13% above its 200 dma, has 5.95 days to cover short, and is expected to grow EPS by 18.9% next year.
 
The best mid cap sector is consumer goods, followed by financials, and industrial goods. Technology and services score inline. Healthcare, basics, and utilities score below average.
 

MID CAP       3/13/2014 4 Week MA
Company Name Symbol Sector INDUSTRY SCORE SCORE
BEST          
Cavium Networks CAVM TECHNOLOGY SEMICONDUCTOR- BROAD LINE 110 101.25
Cadence Design CDNS TECHNOLOGY TECHINICAL & SYSTEM SOFTWARE 110 110
Int'l Rectifier IRF TECHNOLOGY SEMICONDUCTOR- INTEGRATED CIRCUITS 110 103.75
Commercial Metals Co CMC BASIC MATERIALS STEEL & IRON 105 93.75
Conseco Inc CNO FINANCIALS ACCIDENT & HEALTH INSURANCE 105 103.75
Heartland Express HTLD SERVICES TRUCKING 105 103.75
I T T Corp ITT INDUSTRIAL GOODS DIVERSIFIED MACHINERY 105 103.75
Dealertrack Hldgs Inc TRAK TECHNOLOGY APPLICATION SOFTWARE 105 103.75
Teleflex TFX HEALTHCARE MEDICAL INSTRUMENTS & SUPPLIES 105 102.5
Alliance Bernstein AB FINANCIALS ASSET MANAGEMENT 100 98.75
Advisory Board Co ABCO SERVICES RESEARCH SERVICES 100 86.25
Belden CDT BDC INDUSTRIAL GOODS INDUSTRIAL ELECTRICAL EQUIPMENT 100 98.75
Choice Hotels International, Inc CHH SERVICES LODGING 100 98.75
Compass Minerals International Inc CMP BASIC MATERIALS SYNTHETICS 100 98.75
Columbia Sportswear COLM CONSUMER GOODS TEXTILES 100 100
Diebold Inc DBD CONSUMER GOODS BUSINESS EQUIPMENT 100 98.75
First Tennessee FHN FINANCIALS REGIONAL BANKS 100 80
Genesco Inc. GCO SERVICES APPAREL STORES 100 87.5
Hub Group Inc HUBG SERVICES AIR DELIVERY & FREIGHT SERVICES 100 91.25
Impax Lab IPXL HEALTHCARE DRUG MANUFACTURERS 100 92.5
Littelfuse LFUS INDUSTRIAL GOODS INDUSTRIAL ELECTRICAL EQUIPMENT 100 98.75
Molina Healthcare MOH HEALTHCARE HEALTH CARE PLANS 100 88.75
Olin Corp OLN BASIC MATERIALS COPPER 100 87.5
OpenTable OPEN TECHNOLOGY INTERNET INFORMATION PROVIDER 100 80
Redwood Trust RWT FINANCIALS REITS 100 85
Stifel Fin'l SF FINANCIALS INVESTMENT BROKERAGE 100 98.75
Teradyne TER TECHNOLOGY SEMICONDUCTOR EQUIPMENT & MATERIALS 100 105
Ultra Petroleum Corp. UPL BASIC MATERIALS INDEPENDENT OIL & GAS 100 98.75
Wintrust Fin'l WTFC FINANCIALS REGIONAL BANKS 100 81.25
Globus Medical GMED HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 100 98.75
Och-Ziff OZM FINANCIALS ASSET MANAGEMENT 100 85
VCA Antech WOOF SERVICES PERSONAL SERVICES 100 78.75
Whitewave Foods WWAV CONSUMER GOODS FOOD - MAJOR DIVERSIFIED 100 98.75
Alere Inc. ALR HEALTHCARE MEDICAL LABORATORIES AND RESEARCH 95 88.75
Arris Group ARRS TECHNOLOGY COMMUNICATION EQUIPMENT 95 93.75
Brocade Communications Systems BRCD TECHNOLOGY DATA STORAGE DEVICES 95 93.75
Cheesecake Factory Inc CAKE SERVICES RESTAURANTS 95 78.75
Centene Corp CNC HEALTHCARE HEALTH CARE PLANS 95 83.75
Coherent Inc COHR TECHNOLOGY SCIENTIFIC & TECHNICAL INSTRUMENTS 95 75
Carrizo Oil and Gas Inc CRZO BASIC MATERIALS INDEPENDENT GAS & OIL 95 95
Dillard's Inc. DDS SERVICES DEPARTMENT STORES 95 91.25
Domino's Pizza Inc DPZ SERVICES FOOD WHOLESALE 95 95
Esterline Tech ESL INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 95 95
Lennox Int'l LII CONSUMER GOODS APPLIANCES 95 95
Middleby Corp MIDD INDUSTRIAL GOODS DIVERSIFIED MACHINERY 95 98.75
Oshkosh Truck OSK CONSUMER GOODS TRUCKS & OTHER VEHICLES 95 93.75
Parexel Int'l PRXL SERVICES RESEARCH SERVICES 95 93.75
Service Corp International Inc SCI SERVICES PERSONAL SERVICES 95 75
Skechers USA SKX CONSUMER GOODS TEXTILES 95 92.5
S P X Corp. SPW INDUSTRIAL GOODS DIVERSIFIED MACHINERY 95 93.75
Tenneco Automotive TEN CONSUMER GOODS AUTO PARTS 95 93.75
Terex Corp TEX INDUSTRIAL GOODS FARM & CONSTRUCTION MACHINERY 95 98.75
Tempur Pedic TPX CONSUMER GOODS HOME FURNISHING & FIXTURES 95 98.75
Toro Corp TTC INDUSTRIAL GOODS SMALL TOOLS & ACCESSORIES 95 92.5
Amerco Inc UHAL SERVICES RENTAL & LEASING SERVICES 95 91.25
Wendy's International Inc WEN SERVICES RESTAURANTS 95 93.75
MAXIMUS MMS SERVICES BUSINESS SERVICES 95 92.5
Palo Alto Networks PANW TECHNOLOGY NETWORKING & COMMUNICATION DEVICES 95 93.75
Sirona Dental SIRO HEALTHCARE MEDICAL APPLIANCES & EQUIPMENT 95 73.75
           
WORST          
Brady Corp BRC SERVICES BUSINESS SERVICES 30 32.5
Casey's Gen'l Store CASY SERVICES GROCERY STORES 30 30
Conns Inc. CONN SERVICES ELECTRONIC STORES 30 33.75
Cooper Tire and Rubber Co CTB CONSUMER GOODS RUBBER & PLASTICS 30 27.5
Telephone & Data Systems Inc TDS TECHNOLOGY WIRELESS COMMUNICATIONS 30 28.75
Thoratec THOR HEALTHCARE MEDICAL INSTRUMENTS & SUPPLIES 30 32.5

 

 


 

Commentary:
 

The best scoring mid cap industry is trucking (HTLD, ODFL, KNX). Asset managers (OZM, AB, WETF) score highly. Fee revenue benefits from rotation out of lower fee fixed income into equity and asset allocation products. Industrial electrical equipment (LFUS, BDC, RBC) offers upside opportunity on EU recovery and construction spending growth. Semi broadline (CAVM) rounds out our best scoring in mid cap this week.

In mid cap basics, buy synthetics (CMP, POL), and oil and gas equipment & services (PDS, EXH, RES). In consumer, focus on textiles (COLM, SKX, CRI), business equipment (DBD, PAY), and auto parts (TEN, DAN, FDML). The best financials baskets are asset managers, accident & health insurers (CNO, AIZ), and regional banks (WTFC, FHN, SIVB, OZRK, ASBC). No mid cap healthcare groups score above average, buy large cap instead. Every industrials basket scores above average, led by industrial electrical equipment, and residential construction (NVR, RYL). The best services groups are trucking, education (DV, LOPE), and restaurants (WEN, CAKE, PZZA). In technology, buy broadline semi, semi equipment (TER, SPIL), and scientific & technical instruments (COHR, BRKR).

 

MID CAP INDUSTRY SCORE BY SECTOR   3/13/2014
Sector INDUSTRY SCORE
     
BASIC MATERIALS SYNTHETICS 76.25
BASIC MATERIALS OIL & GAS EQUIPMENT & SERVICES 73.75
BASIC MATERIALS OIL & GAS DRILLING & EXPLORATION 70.00
BASIC MATERIALS INDEPENDENT OIL & GAS 68.75
BASIC MATERIALS STEEL & IRON 60.00
BASIC MATERIALS INDUSTRIAL METALS & MINERALS 55.00
BASIC MATERIALS SPECIALTY CHEMICALS 53.33
CONSUMER GOODS TEXTILES 79.00
CONSUMER GOODS BUSINESS EQUIPMENT 77.50
CONSUMER GOODS AUTO PARTS 77.00
CONSUMER GOODS PROCESSED & PACKAGED GOODS 71.67
CONSUMER GOODS PACKAGING & CONTAINERS 63.33
FINANCIALS ASSET MANAGEMENT 84.00
FINANCIALS ACCIDENT & HEALTH INSURANCE 78.33
FINANCIALS REGIONAL BANKS 77.73
FINANCIALS SURETY & TITLE INSURANCE 75.00
FINANCIALS INVESTMENT BROKERAGE 73.75
FINANCIALS REITS 69.41
HEALTHCARE MEDICAL INSTRUMENTS & SUPPLIES 71.50
HEALTHCARE BIOTECHNOLOGY 60.91
HEALTHCARE HOSPITALS 57.00
INDUSTRIAL GOODS INDUSTRIAL ELECTRICAL EQUIPMENT 82.50
INDUSTRIAL GOODS RESIDENTIAL CONSTRUCTION 75.00
INDUSTRIAL GOODS DIVERSIFIED MACHINERY 73.75
INDUSTRIAL GOODS AEROSPACE/DEFENSE  PRODUCTS & SERVICES 73.13
SERVICES TRUCKING 88.33
SERVICES EDUCATION & TRAINING SERV 80.00
SERVICES RESTAURANTS 78.57
SERVICES APPAREL STORES 71.00
SERVICES RENTAL & LEASING SERVICES 69.00
SERVICES SPECIALTY RETAIL, OTHER 68.75
SERVICES AUTO DEALERSHIPS 68.33
SERVICES DEPARTMENT STORES 68.33
SERVICES BUSINESS SERVICES 66.36
SERVICES MOVIE PRODUCTION, THEATERS 56.67
SERVICES TECHNICAL SERVICES 51.67
TECHNOLOGY SEMICONDUCTOR-BROAD LINE 82.50
TECHNOLOGY SEMICONDUCTOR EQUIPMENT & MATERIALS 80.00
TECHNOLOGY SCIENTIFIC & TECHNICAL INSTRUMENTS 75.83
TECHNOLOGY SEMICONDUCTOR- INTEGRATED CIRCUITS 73.33
TECHNOLOGY TECHiNICAL & SYSTEM SOFTWARE 73.00
TECHNOLOGY COMPUTER PERIPHERALS 72.00
TECHNOLOGY COMMUNICATION EQUIPMENT 63.00
TECHNOLOGY BUSINESS SOFTWARE & SERVICES 62.78
TECHNOLOGY PRINTED CIRCUIT BOARDS 61.67
TECHNOLOGY INFORMATION & DELIVERY SERVICES 58.33
UTILITIES GAS UTILITIES 61.67

 

None.

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