FLACK: here's to your health
health care stocks, that is. Since you recently posted about the health care/medical stocks you recently bought, I read this article last Friday on personalwealth.com that might interest you. It names a dozen stocks with upward momentum, five of which are health care related. Of the ones mentioned, I particularly liked the strength shown in the chart of DURA.
UPWARD MOMENTUM IN A DIFFICULT MARKET
By Arnold Kaufman, Editor, The Outlook
"One way to pick stocks is to scan the new low list for unduly depressed issues. Another method, which has worked better in recent years, and which we favor, is to buy stocks that are showing strength in the hope that the upward momentum will carry prices considerably higher.
We searched our database for stocks that are within 5% of their 52 week highs, that are up at least 50% over the 52 week period (vs. a 10% gain for the S & P 500) and that carry S & P Stars rankings of 4 or 5 (indicating that S & P analysts expect them to outperform the general market in the next 12 months). The following stocks emerged:
CAH, CIEN, DURA, EMC, EOG, HMA, MENT, OCA, PKI, RATL, STJ, SEBL." |
