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05/31/2012 Mid-Day Breakouts Report
CANSLIM.net Newsdesk
CANSLIM.net


Dow   12,390.57    -29.29   (-0.24%) | Nasdaq   2,824.76    -12.60   (-0.44%) | S&P 500   1,307.13    -6.19   (-0.47%)

ABOUT THIS REPORT
Time of Screening : 11:45AM
Price is: Above 52W High and Less Than 52W High but within 10%
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.

At around mid-way through each trading day we run a screen against our database of high-ranked stocks, searching for possible buy candidates that are trading at or near their 52-week high on above average volume. The results of that screen are split into the two sections you see below. The first, titled "TODAY's FEATURED STOCKS" shows stocks that CANSLIM.net's experts have recently identified as among the most strong CANSLIM-based buy candidates to consider. Stocks highlighted in yellow are the most timely and noteworthy, so particular attention and prompt action may be appropriate. The second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".

The following icons denote links to :  Daily Graphs Online Daily Graphs Online®    Stock Checkup IBD Stock Checkup®    IBD Charts IBD Charts

  Y - Today's better buy candidates highlighted by our staff of experts.   G - Previously featured in this report as yellow and now may no longer be buyable under the guidelines.

TODAY'S FEATURED STOCKS

To View Current Notes and Data on Featured Stocks -> Featured Stocks Page


Symb. Co. Name Price Chg. Day High 52 W High % From High Vol. DAV % of DAV Pivot Point when featured Max Buy Price
COO
NYSE
Cooper Companies Inc
HEALTH SERVICES - Medical Instruments & Supplies
$84.70 -$0.63 $85.19 $89.31 -5.16% 403949 410800 98.33% $81.02 $85.07
G - Consolidating above prior highs in the $83-84 area and testing its 50 DMA line this week, an important near-term support level. A damaging violation may trigger a worrisome technical sell signal.
>>> The latest Featured Stock Update appearance was 5/18/2012. For in-depth analysis and an annotated graph, click here.

COO Profile C A N S L I M, Financials, StockTalk,  | Daily Graphs Online Stock Checkup IBD Graphs NewsChart , SEC, ZACKS, Request a new note Alert me of new notes

DG
NYSE
Dollar General Corp
RETAIL - Discount, Variety Stores
$49.14 +$0.58 $49.50 $48.76 +0.78% 1849992 2762200 66.98% $47.69 $50.07
Y - Inching to new 52-week and all-time highs with today's 3rd consecutive gain and no resistance remains due to overhead supply. Its color code was changed to yellow based on recent resilience, and it is approaching its "max buy" level. The broader market (M criteria) has yet to confirm a new rally, however, and without a solid follow-through day from at least one of the major averages all new buying efforts are discouraged under the fact-based investment system.
>>> The latest Featured Stock Update appearance was 5/9/2012. For in-depth analysis and an annotated graph, click here.

DG Profile C A N S L I M, Financials, StockTalk,  | Daily Graphs Online Stock Checkup IBD Graphs NewsChart , SEC, ZACKS, Request a new note Alert me of new notes

NTES
NASDAQ
Netease.com Inc
INTERNET - Internet Information Providers
$61.48 +$0.06 $61.96 $63.07 -2.52% 546439 738100 74.03% $55.10 $57.86
G - Found support near its 50 DMA line and today's 3rd consecutive gain has it within close striking distance of it 52-week high, however it has not formed a sound base pattern. Recent lows near the $55 area define important chart support to watch where a violation may trigger a worrisome technical sell signal.
>>> The latest Featured Stock Update appearance was 5/24/2012. For in-depth analysis and an annotated graph, click here.

NTES Profile C A N S L I M, Financials, StockTalk,  | Daily Graphs Online Stock Checkup IBD Graphs NewsChart , SEC, ZACKS, Request a new note Alert me of new notes



TODAY'S BREAKOUT SCREEN

To Perform a Your Own Customized Screen of our Leaders List -> Screening Tool

This second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".


Symb. Co. Name Price Chg. 52 W High % From High Vol. DAV % of DAV Resources
AGM
NYSE
Federal Agri Mtg Cl C
FINANCIAL SERVICES - Credit Services
$24.34 -$0.27 $26.47 -8.05% 24676 42000 58.75%
Consolidating -8.5% off its 52-week high today, above support at its 50 DMA line and prior highs in the $23 area. Reported earnings +27% on +10% sales revenues for the quarter ended March 31, 2012 versus the year ago period. The 5/02/12 mid-day report noted - "Quarterly earnings increases have been strong in recent comparisons through Dec '11, however its underlying sales revenues and its annual earnings (A criteria) growth history are not meeting the fact-based investment system's guidelines."
View All Notes for AGM
AME
NYSE
Ametek Inc
MANUFACTURING - Industrial Electrical Equipmen
$50.18 -$0.21 $52.00 -3.50% 498656 721100 69.15%
Recently found support near its 50 DMA line, and trading within -3.7% of its 52-week high today. Reported earnings +21% on +15% sales revenues for the Mar '12 quarter, continuing to show signs of earnings growth rate deceleration. Downturn in FY '09 earnings (A criteria) is a flaw. Based on weak technical action it was dropped from the Featured Stocks list on 9/04/08, then subsequently slumped from $44 to $24 before rebounding.
View All Notes for AME
BGS
NYSE
B&G Foods, Inc
FOOD & BEVERAGE - Processed & Packaged Goods
$24.03 +$0.49 $24.64 -2.49% 248236 343600 72.25%
Rising further above its 50 DMA line with a gap up gain today helping it rally within -2.8% of its 52-week high. Reported earnings +30% on +20% sales revenues for the quarter ended Mar 31, 2012 versus the year ago period. Its report of earnings +7% on +6% sales revenues for the quarter ended Dec 31, 2011 versus the year ago period marked its first quarterly comparison with earnings below the +25% minimum guideline in years. Very little overhead supply remains to act as resistance up through the $24 area. Prior mid-day reports noted - "Its earnings history has been strong, but the lack of sales revenues growth raises concerns that there is not great or growing demand for a new (N criteria) product or services."
View All Notes for BGS
CORE
NASDAQ
Core-Mark Holding Inc
WHOLESALE - Food Wholesale
$43.58 -$0.13 $43.94 -0.81% 29837 47600 62.68%
Holding its ground and wedging higher since recently surging to new 52-week highs with volume-driven gains from support at its 200 DMA line. The 5/10/12 mid-day report noted - "Strong quarterly earnings increases above the +25% guideline in the 3 latest comparisons through Mar '12 satisfy the C criteria, but its annual earnings (A criteria) history has been up and down."
View All Notes for CORE
CPRT
NASDAQ
Copart Inc
SPECIALTY RETAIL - Auto Dealerships
$27.05 -$0.50 $27.88 -2.98% 505349 489900 103.15%
Pulling back today from a new 52-week high after 2 consecutive volume-driven gains. Reported earnings +23% on +3% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Reported earnings +209% on +10% sales revenues for the quarter ended January 31, 2012 versus the year ago period. Prior mid-day reports noted - "Its history of steady annual earnings growth (A criteria) was marred by a downturn in FY '09 earnings."
View All Notes for CPRT
DISCK
NASDAQ
Discovery Communications Inc
MEDIA - CATV Systems
$46.88 +$0.12 $50.71 -7.56% 325333 517100 62.91%
Reported earnings +16% on +16% sales for the quarter ended March 31, 2012 versus the year ago period. Prior earnings increases had been above the +25% minimum guideline (C criteria) versus the year ago periods, and its annual earnings (A criteria) history has been strong. Ownership by top-rated funds fell from 405 in Jun '11 to 391 in Mar '12, not a reassuring sign concerning the I criteria.
View All Notes for DISCK
GET
NYSE
Gaylord Entertainment Co
MEDIA - Entertainment - Diversified
$36.58 +$2.10 $35.89 +1.92% 4603672 528600 870.92%
Gapped up today for a considerable gain and new 52-week high. It has an erratic earnings history, and the 5/22/12 mid-day report noted - "Not a match with the fundamental guidelines concerning quarterly and annual earnings (C and A criteria) history."
View All Notes for GET
IHG
NYSE
Intercontinental Hotels Grp Ad
LEISURE - Lodging
$23.44 +$1.19 $24.85 -5.67% 444212 367400 120.91%
Gapped up today, rebounding back above its 50 DMA line and within -5.4% of its 52-week high. Reported earnings +8% on +3% sales revenues for the quarter ended March 31, 2012 versus the year ago period. The 5/11/12 mid-day report noted - "Its prior earnings history (A criteria) is below guidelines of the fact-based system."
View All Notes for IHG
LPSN
NASDAQ
Liveperson Inc
DIVERSIFIED SERVICES - Business/Management Services
$17.09 -$0.24 $17.65 -3.17% 179799 303500 59.24%
Perched near its 52-week high today. When trying to rally from a "double bottom" base pattern the 5/29/12 mid-day report noted - "Reported earnings +0% on +21% sales revenues for the Mar '12 quarter. Quarterly earnings increases were well short of the +25% minimum guideline in the Sep and Dec '11 quarters. It survived but failed to impress since noted in the 12/16/10 mid-day report - 'On 12/06/10 it broke out from a flat base above its 50 DMA line and a previous cup shaped base. Quarterly earnings per share have been below the +25% guideline and its annual earnings (A criteria) history has been erratic, including a decrease in FY '08 earnings versus the year earlier.'"
View All Notes for LPSN
LTC
NYSE
Ltc Properties Inc
REAL ESTATE - REIT - Healthcare Facilities
$32.19 +$0.03 $33.63 -4.28% 137868 152100 90.64%
Consolidating near its 50 DMA line today. The 5/21/12 mid-day report and prior reports noted - "This REIT that invests in healthcare-related facilities has a sub par earnings growth history. Its quarterly sales revenues and earnings increases and annual earnings (A criteria) history are not a match with the fact-based investment system's guidelines."
View All Notes for LTC
MO
NYSE
Altria Group Inc
CONSUMER NON-DURABLES - Tobacco Products
$32.19 +$0.17 $32.62 -1.32% 5502504 8732400 63.01%
Quarterly earning have been well below the +25% minimum guideline (C criteria) for at least the past 8 quarterly comparisons through Mar '12.
View All Notes for MO
PWR
NYSE
Quanta Services Inc
MATERIALS & CONSTRUCTION - General Contractors
$22.20 +$0.06 $24.06 -7.73% 1334847 1931800 69.10%
Still consolidating above its 50 DMA line and now -7.3% off its 52-week high. The 5/24/12 mid-day report noted - "Quarterly and annual earnings history (C and A criteria) are not a match with the fact-based system's guidelines."
View All Notes for PWR
ROST
NASDAQ
Ross Stores Inc
RETAIL - Apparel Stores
$63.09 +$0.54 $64.79 -2.62% 1236157 2147600 57.56%
Found support at its 50 DMA line after encountering distributional pressure since last noted in the 5/17/12 mid-day report - "Reported earnings +26% on +14% sales revenues for the quarter ended April 30, 2012 versus the year ago period. The 3 prior quarterly earnings comparisons were just below the investment system's +25% minimum guidelines (C criteria). It has maintained a strong annual earnings history (A criteria) and has earned very high ranks."
View All Notes for ROST
SYNC
NASDAQ
Intellisync Corp
COMPUTER SOFTWARE & SERVICES - Application Software
$14.11 +$0.22 $13.92 +1.36% 1235799 779900 158.46%
Hitting a new 52-week high with today's 4th consecutive gain. Found support above its 50 DMA line when consolidating from its high hit when noted in the 5/07/12 mid-day report - "This low-priced stock is up from its 2/10/12 IPO at $5.00. It did not form a sound base pattern and its limited history is a concern."
View All Notes for SYNC
SYPR
NASDAQ
Sypris Solutions Inc
ELECTRONICS - Printed Circuit Boards
$5.98 +$0.08 $5.96 +0.34% 100262 25300 396.29%
Inching to yet another new 52-week high with today's 8th consecutive volume-driven gain. The 5/30/12 mid-day report noted - "Recent quarterly comparisons showed earnings versus year ago losses. Its annual earnings (A criteria) history has been poor, including years of losses. Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied."
View All Notes for SYPR
TFM
NASDAQ
The Fresh Market
RETAIL - Grocery Stores
$57.52 +$1.37 $56.47 +1.86% 307620 324000 94.94%
Hitting another new 52-week today with another volume-driven gain following a considerable gap up from below its 50 DMA line. A downturn in FY '11 is a flaw concerning the A criteria. The M criteria argues against new buying efforts in all stocks until a new confirmed rally with a solid follow through day from at least one of the major averages. The 5/30/12 mid-day report noted - "Reported earnings +33% on +23% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Now 3 of the company's past 4 quarterly comparisons showed earnings above the +25% minimum satisfying the C criteria. It had slumped below its 50 DMA line while consolidating from highs hit since last noted in the 4/13/12 mid-day report - 'Quarterly and annual earnings increases (C & A criteria) are not a match with the fact-based system's guidelines.'"
View All Notes for TFM
TJX
NYSE
Tjx Companies Inc
RETAIL - Discount, Variety Stores
$42.15 +$0.82 $42.81 -1.55% 3055328 5048200 60.52%
Found support when consolidating near its 50 DMA line recently, and today's gain has it rising within close striking distance of its 52-week high. Reported earnings +41% on +11% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Despite the better earnings increase in the latest quarterly comparison, prior mid-day reports noted- "Quarterly and annual earnings history has been below the fact-based investment system's guidelines."
View All Notes for TJX
UMBF
NASDAQ
Umb Financial Corp
BANKING - Regional - Southwest Banks
$48.35 +$0.14 $49.24 -1.81% 135864 166600 81.55%

Perched within close striking distance of its 52-week high, pausing after a streak of 5 consecutive volume-driven gains, rallying from support at its 50 DMA line. It has formed a base-on-base pattern since the 4/24/12 mid-day report noted - "Today's volume-driven gain is clearing a 9-month long cup-with-handle base pattern. Reported earnings +51% on +12% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Prior earnings and sales increases have not met the fact-based investment system's guidelines for the C and A criteria although it has earned good ranks."


View All Notes for UMBF
 
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