A number of stocks are seeing there 50-Day moving average cross over the 200-Day moving average in Friday's trading session. This indicates that the stock is in an uptrend and some traders put considerable credence in this indicator.
The first name that we have today is Bio-Reference Laboratories BRLI. This company is engaged in laboratory testing services. The shares are up 5.39% over the last 3 months, and the company has a market cap of $648.28 million.
A very interesting name that showed up on this screen was KB Home KBH. If you are a super-optimist and your view of the world turns out to be correct, this is a name to check out. Over the last 3 months KBH shares have jumped 38% to $14.79, but are still down 1.2% on the yearly chart.
The McClatchy Company MNI also showed up. This company owns newspapers such as The Miami Herald, The Sacramento Bee, and The Kansas City Star, among others. They also have stakes in digital properties such as CareerBuilder.com. MNI shares have soared more than 70% in the last 3 months. The company has a market cap of $438.37 million.
Another very interesting ETF is also seeing its 50-Day moving average cross above its 200-Day. Pull up a chart of iShares MSCI Spain EWP. This has been on an absolute tear in 2011 as Eurozone fears subside. The ETF is still down 3.58% over the last 3 months, but up almost 13% year-to-date.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Long IdeasShort IdeasTechnicalsTrading IdeasConsumer DiscretionaryHealth CareHealth Care ServicesHomebuildingPublishing
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in