Industry with strong Price Sales guru scores

Thursday, 2 April 2009 10:52 by synergize

I query the bullish scans for the month of March for stocks whose Price-Sales score of > 0.6 and then group them by industry. Surprisingly, "Apparel Stores" is on top of the list with 31 stocks followed by "Business Services" at 18. So curious that I check the charts of the "Apparel Stores" stocks and I was amazed that majority of them are uptrending from 6 months(like HOTT, ARO, DBRN) to a month despite the bad news of recession and bailouts that we often here from the TV or read from newspapers and websites. As you know, Price-Sales score is one of my favorite criteria in filtering stocks for swing trading and trend trading. You might see more often this type of picks in my daily posting. You may also check the Forum - What are you trading today? for picks from the community. Click here for latest quotes of the stocks below or you may click the individual symbol to view the latest technical indicators and institutional upgrades(U)/downgrades(D).

Symbol Company Exch. Industry Tech Ind. MS Ind.
HOTT Hot Topic, Inc NASD Apparel Stores 31 9
AEO American Eagle Outfitters, Inc. NYSE Apparel Stores 17 1
CTR Cato Corp. NYSE Apparel Stores 19 2
NWY (U) New York & Co. Inc. NYSE Apparel Stores 10 1
TLB Talbots, Inc. NYSE Apparel Stores 14 1
MW (U) The Men's Wearhouse, Inc. NYSE Apparel Stores 11 8
CBK Chris & Banks NYSE Apparel Stores 6  
CTRN (U) Citi Trends Inc NASD Apparel Stores 20 9
GES Guess ?, Inc. NYSE Apparel Stores 6 2
SSI Stage Stores, Inc. NYSE Apparel Stores 17 1
ANF (U) Abercrombie & Fitch Co. NYSE Apparel Stores 5  
CACH Cache, Inc. NASD Apparel Stores 5  
CHIC (U) Charlotte Russe Holding, Inc. NASD Apparel Stores 14 4
FL Foot Locker, Inc. NYSE Apparel Stores 5  
GCO (D) Genesco, Inc.   Apparel Stores 10 3
JCG (D) J Crew Group Inc.   Apparel Stores 5 1
JWN Nordstrom, Inc.   Apparel Stores 24 1
ROST Ross Stores, Inc. NASD Apparel Stores 20  
SMRT Stein Mart, Inc. NASD Apparel Stores 5  
ZUMZ Zumiez Inc. NASD Apparel Stores 8  
ARO (U) Aeropostale Inc. NYSE Apparel Stores 10 2
BKE (U) Buckle, Inc.   Apparel Stores 19 4
DSW DSW Inc. NYSE Apparel Stores 4 1
GPS Gap, Inc. NYSE Apparel Stores 4 1
GYMB (D) Gymboree Corp. NASD Apparel Stores 4 2
JNY Jones Apparel Group Inc NYSE Apparel Stores 4 4
PSS Collective Brands, Inc. NYSE Apparel Stores 4 1
PSUN Pacific Sunwear of California, Inc. NASD Apparel Stores 4  
RVI Retail Ventures, Inc. NYSE Apparel Stores 4  
URBN (D) Urban Outfitters, Inc. NASD Apparel Stores 4 1
WTSLA Wet Seal Inc NASD Apparel Stores 4 1
CHS (D) Chicos FAS, Inc.   Apparel Stores 33 2
DBRN Dress Barn, Inc. NASD Apparel Stores 19  
FINL Finish Line Inc NASD Apparel Stores 3 3
JOSB Jos. A. Bank Clothiers, Inc. NASD Apparel Stores 3 2
LTD Limited Inc. NYSE Apparel Stores 3  
PLCE The Childrens Place Retail Stores, Inc.   Apparel Stores 3 4
TWB Tween Brands Inc. NYSE Apparel Stores 3  
ANN AnnTaylor Stores Corp   Apparel Stores 2 10
CHRS Charming Shoppes, Inc. NASD Apparel Stores 2  

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Focusing on less admired names increases the probability that a security has not yet been efficiently priced and mitigates the emotional attachment.

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