2009-JUN-03 Bullish Picks - Industries with the Best Value

Tuesday, 2 June 2009 22:27 by synergize

Today's picks are based on industries with highest average value score (from bullish stocks group by industry). Click here for latest quotes.

Symbol Company Exch. Industry TI MS UG DG IT
AKS AK Steel Holding Corp NYSE Steel & Iron 1 0 0 1 0
CMC Commercial Metals Co NYSE Steel & Iron 0 0      
CRS Carpenter Technology Corp NYSE Steel & Iron 0 0 0 1 0
GGB Gerdau Usa NYSE Steel & Iron 0 0 0 3 0
HAYN Haynes International Inc   Steel & Iron 1 0      
IIIN Insteel Industries, Inc. NASD Steel & Iron 0 0      
LDSH Ladish Co., Inc. NASD Metal Fabrication 0 0      
MLI Mueller Industries Inc. NYSE Metal Fabrication 1 0      
MT ArcelorMittal SA NYSE Steel & Iron 0 0 1 1 0
NWPX Northwest Pipe Co. NASD Steel & Iron 0 0      
PCP Precision Castparts Corp. NYSE Metal Fabrication 0 0 0 1 0
ROCK Gibraltar Steel Corp. NASD Steel & Iron 2 1      
RS Reliance Steel & Aluminum Co   Metal Fabrication 0 0 1 0 0
SCHN Schnitzer Steel Industries, Inc. NASD Steel & Iron 1 0 0 1 0
SIM Grupo Simec, S.A. de C.V. AMEX Steel & Iron 1 2      
STLD Steel Dynamics Inc NASD Steel & Iron 0 0      
TX Ternium SA   Steel & Iron 0 0 0 1 0
VMI Valmont Industries Inc NYSE Metal Fabrication 1 0      

UG,DG & IT are number of upgrades, downgrades or initiated recommendations from institutions for the past 60 days.

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Categories:   Bullish Industries
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Trading Tips

The Asian and European markets can be used as a possible guide to get an idea of which direction the US market is likely to go in. For example, if the Nikkei is down 3%, the DAX is down 2.3% then there is a strong possibility the US Futures and stocks will end up down overall. The US futures will have been trading down in their overnight session with Asia/Europe aswell, so there could be an immediate rally at the 9am open before moving down further.

Poll

This poll is closed.
On 8/19/2009, the United States economy is out of the emergency room and appears to be on a slow path to recovery, Warren Buffett wrote in an opinion column in the New York Times.
I agree with Warren Buffet's opinion
 
75.0%
I don't agree with Warren Buffet's opinion
 
25.0%

Total Votes: 4

Finance Quote of the Day

The fact that equities are being sold down, despite the lowest interest rates in recent history, simply means that the market doesn't see growth ahead for very many businesses. - John Malone