From the desk of Steve Strazza @Sstrazza
Our Hall of Famers list is composed of the 100 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft–with market caps in excess of $2T–to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It’s got all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we’re developing a separate universe for that, and we’ll be sharing it with you soon.
So, The Hall of Famers is easy.
We simply take our list of 100 names and then apply our technical filters in a way that the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
Here’s this week’s list:
And here’s how we arrived at it:
- We filtered out any stocks that were below their May 10th high as this is when new 52-week highs peaked for the S&P 500
- 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 large-caps peaked in early May, those that have continued to grind higher since are where the relative strength is. And as always, that’s exactly where we want to be focusing 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:
- Snap Inc $SNAP
- Abbot Labs $ABT
- Danaher Corp $DHR
- Cisco Systems $CSCO
- Estee Lauder $EL
- Lam Research $LRCX
- Morgan Stanley $MS
- Paypal Holdings $PYPL
- Zoetis Inc $ZTS
- Apple Inc $AAPL
- Thermo Fisher $TMO
- Broadcom Inc $AVGO
* Click on the names above to read about the setups in detail
Now let’s discuss some new setups from this list of outperformers!Lost Password?