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5 Names That Are Now Strong Buys

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Northrop Grumman and Edison International make the list.

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MINYANVILLE ORIGINAL ChartLabpro.com has outlined five new names that have moved from Buy to Strong Buy today. Capital One Financial Corporation (NYSE:COF), Rockwell Collins (NYSE:COL), Edison International (NYSE:EIX), Northrop Grumman (NYSE:NOC) The Progressive Corporation (NYSE:PGR)

Before we look at the charts, let us first tell you about ChartLabPro.com's proprietary rating system. This algorithm does not use the standard MACD and moving averages. We feel that looking at the same technical data provides little edge over other market participants. This algorithm has been used for the last 13 years in running institutional money. The rating is as follows: Strong Sell (1), Sell (2), Neutral (3), Buy (4), Strong Buy (5).


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To learn more about ChartLabPro's algorithm visit www.chartlabpro.com.

No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
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