Daily Stock Picks: The 5 Best Large Caps

Today's list comes from using Barchart to sort the S&P 500 Large Cap Index for frequency of new highs.  I then skipped over the stocks that did not have a positive gain for both the last week and month and reviewed the chart using the Flipchart feature.

Today's list includes Ameriprise Financial Services (AMP), Perrigo Company (PRGO), Progressive Corporation (PGR), The NASDAQ OMX Group (NDAQ) and U S Bancorp (USB):

Ameriprise Financial Services (AMP)


Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 8.27% in the last month
  • Relative Strength Index 78.55%
  • Barchart computes a technical support level at 107.64
  • Recently traded at 109.38 with a 50 day moving average of 99.17

Perrigo Company (PRGO)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 9.85% in the last month
  • Relative Strength Index 81.94%
  • Barchart computes a technical support level at 154.86
  • Recently traded at 156.40 with a 50 day moving average of 138.03

Progressive Corporation (PGR)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 7.99% in the last month
  • Relative Strength Index 71.45%
  • Barchart computes a technical support level at 27.72
  • Recently traded at 28.08 with a 50 day moving average of 26.99

The NASDAQ OMX Group (NDAQ)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 12.92% in the last  month
  • Relative Strength Index 75.95%
  • Barchart computes a technical support level at 38.10
  • Recently traded at 38.82 with a 50 day moving average of 35.10

US Bancorp (USB)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 4.98% in the last month
  • Relative Strength Index 69.97%
  • Barchart computes a technical support level at 38.93
  • Recently traded at 39.26 with a 50 day moving average of 37.64

None

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