3 NYSE stocks to watch -- 12/6
Here are 3 NYSE stocks that have hit new highs on my Barchart screener. These are not buy recommedations but stocks you might want to put on your watchlist.
HTS --Hatteras Financial -- an externally-managed mortgage real estate investment trust formed in 2007 to invest in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or U.S. Government-sponsored entities, such as Fannie Mae, Freddie Mac or Ginnie Mae. Hatteras Financial Corp. is managed and advised by Atlantic Capital Advisors LLC.
1 - 100% Barchart technical buy signal
2 - 16 new highs and up 6.10% in the last month
3 - Relative Strength Index 93.94%
AZO -- Auto Zone -- the nation's leading specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company's auto parts store carries an extensive product line for cars, vans and light trucks, including new and re-manufactured automotive hard parts, maintenance items, and accessories. Many of the company's domestic auto parts stores also has a commercial sales program, which provides commercial credit and prompt delivery of parts and other products to local repair garages, dealers and service stations.
1 - 96% Barchart technical buy signal
2 - 15 new highs and up 11.43% in the loast month
3 - Relative Strength Index 98.33%
FTK -- Flotek Industries -- manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and management of automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry.
1- 100% Barchart technical buy signal
2 - 15 new highs and up 163.13% in the last month
3 - Relative Strength Index 94.14% and rising
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.
Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.