Use access key #2 to skip to page content.

JimVanMeerten (59.12)

Ross Stores - ROST - Growth Potential

Recs

0

July 11, 2012 – Comments (0) | RELATED TICKERS: ROST

From my Growth Potential watch list on Barchart Portfolio Blogs, let's take a quick look at Ross Stores (ROST)

Barchart technical indicators:

1 - 88% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 14 new highs and up 14.55% in the last quarter

5 - Relative Strength Index 57.15%

6 - Barchart computes a technical support level at 66.05

7 - Recently traded at 66.69 with a 50 day moving average of 65.64

Fundamental factors:

1 - Followed by 23 Wall Street brokerage firms

2 - Revenue projected to grow by 11.10% this year and 6.80% next year

3 - Earnings estimated to grow by 19.60% this year, 11.70% next year and continue at an annual rate of 13.42% for the next 5 years

4 - Analysts have issued 9 strong buy, 1 buy and 13 hold recommendation with no sell or under perform reports

5 - Analysts look for a total annual return in the 10% - 12% range

6 - A rated balance sheet

Conclusion:  This is a 10-10-10 stock.  Revenue, earnings and total return all expected to increase by at least 10% with an A rated balance sheet.

0 Comments – Post Your Own

Featured Broker Partners