5 Very Persistent Winners
The highly acclaimed investment advisory site Value Line rates each stock with a Price Growth Persistence score for their price momentum over the last 10 year period. Each stock is rated against every other stock in their database and given a score of 5 to 100 to reflect which percentile each stock attained. I took those scoring 90 or better and sorted them against Barchart's technical buy signals. That filtered Value Lines 1700 stock down to the top 279 of 16%, then I used Barchart to determine the best 5.
The list contained CBOE Holdings (NASDAQ:CBOE), Athenahealth (NASDAQ:ATHN), Churchill Downs (NASDAQ:CHDN), Amazon.Com (NASDAQ:AMZN) and ePlus (NASDAQ:PLUS).
CBOE Holdings
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 8 new highs and up 5.69% in the last month
- Relative Strength Index 61.21%
- Barchart computes a technical support level at 66.93
- Recently traded at 69.15 with a 50 day moving average of 66.11
AthenaHealth
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 6 new highs and up 18.27% in the last month
- Relative Strength Index 66.31%
- Barchart computes a technical support level at 156.80
- Recently traded at 164.49 with a 50 day moving average of 141.16
Churchill Downs
Barchart technical indicators:
- 96% Barchart technical indicators:
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 7 new highs and up 6.62% in the last month
- Relative Strength Index 63.80%
- Barchart computes a technical support level at 144.89
- Recently traded at 149.01 with a 50 day moving average of 139.03
Amazon.com
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 11 new highs and up 20.96% in the last month
- Relative Strength Index 76.19%
- Barchart computes a technical support level at 647.62
- Recently traded at 651.32 with a 50 day moving average of 555.68
ePlus
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 5 new highs and up 11.87% in the last month
- Relative Strength Index 65.82%
- Barchart computes a technical support leve at 96.73
- Recently traded at 96.03 with a 50 day moving average of 81.97
Disclosure:None.
CBOE isn't exactly a stellar performer this past year, only up 1.3% and out of 12 analyst opinions only 2 recommend it as a good buy while 10 recommend holding.The stock closed down 2.99% by end of trading yesterday (December 9). Athena Health is up over 10% YTD and yesterday topped earnings estimates.Athena should continue to grow as healthcare is a hot sector service sector in the US and it's products and services are in high demand. The stock is up almost 300% in the past 5 years! Amazon is one of the darlings of all stocks loved by analysts and investors alike. This month out of 38 analysts, 13 are a strong buy, 23 are a buy and 5 are a hold. With major holiday buying season about to begin look out for blockbuster earnings results to boost the stock yet further.