Our International Hall Of Famers list is composed of the 50 largest US-listed international stocks, or ADRs.
These stocks range from some well-known mega-cap multinationals such as Toyota Motor and Royal Dutch Shell to some large-cap global disruptors such as Sea Ltd and Shopify.
It’s got all the big names and more--but only those that are based outside the US. You can find all the big US names on our original Hall Of Famers list.
The beauty of these scans is really in their simplicity.
We take the 50 largest names each week and then apply technical filters in a way that the strongest stocks with the most momentum rise to the top.
Let’s dive in and take a look at what some of the largest stocks around the world are doing.
Here’s this week’s list:
And here’s how we arrived at it...
We filtered out any names that were below their February 8 high, as this is when new 52-week highs peaked for our expanded ADR universe of over 1,000 stocks.
Then we sorted the names remaining in the list by their proximity to new 52-week highs.
So, we know these are some of the market’s biggest leaders. Considering most ADRs peaked in Q1, those that have continued to grind higher since are where the relative strength is. And, as always, that’s exactly where we want to focus our attention.
And, just to be clear, a lot of these names should look familiar to our clients. We’re already long a number of the stocks on our list.
Here are some that we recently outlined trade ideas for:
