• The best mid cap sectors are utilities and basic materials.
  • The highest scoring mid cap industry is oil & gas equipment & services.
  • The average mid cap score is 55.32, which is below the four week average score of 55.73. The average mid cap stock in our universe is trading -23.19% below its 52 week high, 0.99% above its 200 dma, has 6.95 days to cover short, and is expected to grow EPS by 16.3% next year.

    Utilities, basic materials, industrial goods, and consumer goods score best in mid cap. Technology scores in line with the average universe score. Healthcare, financials, and services score below average.

    The following chart shows historical mid cap sector scores.

    The top scoring mid cap industry is oil & gas equipment & services (PDS, RES, HLX). Movies (RGC, DWA, CNK), accident & health insurance (AIZ), technical & system software (CDNS, TYL, MENT), and gas utilities (NJR, EGN) are also high scoring.

    Oil & gas equipment & services, independent oil & gas (NFX), and specialty chemicals (NEU) score best in basics. Auto parts (TEN, FDML, CLC) is the only above-average scoring industry in consumer goods. The top finance industries are accident & health insurance and REITs (LXP, REG, CLI). Medical instruments (NUVA, PKI, HRC), healthcare plans (WCG), and scientific & technical instruments (CGNX, COHR, BRKR) are top scoring in healthcare. Diversified machinery (ATU, MIDD, BGG), industrial electrical (AOS), and aerospace/defense (CAE, HXL, CW) are best in industrials. Aerospace/defense stocks tend to rally from here through air show season. Movies and business services (HPY, RBA, GPN) are the only above average scoring baskets in services. Technical & system software, business software (WBMD, PEGA), and application software (MANH) can be bought in technology. Gas utilities are also high scoring.

     

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