Top 20 Strongest S&P 500 Names

By ChartLabPro.com  NOV 08, 2012 12:33 PM

Names showing strength today are: Airgas, Leggett & Platt, Ameriprise Financial, and Equifax.

 


MINYANVILLE ORIGINAL With everyone talking sell-off, we thought now would be a good time to update our top 20 strongest S&P 500 (INDEXSP:.INX) names. One name that has been on the list for a couple of weeks made new highs yesterday: American Tower Corporation (NYSE:AMT).




If you had gotten long these names when we moved to a Strong Buy, you would be up 41.25% vs. the S&P 500’s 12.40%.  The average duration for these 20 names is 69 days.  Names showing strength today are: Airgas (NYSE:ARG), Leggett & Platt (NYSE:LEG), Ameriprise Financial (NYSE:AMP), and Equifax (NYSE:EFX). 

Note that 85% of the names on this list are new since we last updated it on October 17. The only three names to carry over were Baxter International (NYSE:BAX), Newell Rubbermaid (NYSE:NWL), and SLM Corp (NASDAQ:SLM).



Additionally, the chart below is our heat map using our Buy/Sell Rating. Yesterday we had the following 25 names move from a Strong Buy (5) to a Buy (4), which is a downgrade.


Click to enlarge


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