This week's list of top performers is dominated by the previously unloved stocks of the year. I've added a new column which is Year to Date Return (far left column) - this will demonstrate how far many of these have fallen this year (keep in mind this number INCLUDES this past week which was obviously a good week for these names or else they would not be on the list). So for now the market has turned from a "trend follower" market to a "buy the broken stock" market. Only 15 of the 69 are positive on the year, a few of which I'd consider "barely" positive (just over 0% YTD)
Criteria
- Market capitalization $1.75B+
- Average trading volume 100K+
- Stock price $10+
- Return this week 12%+
Again I am just trying to understand the "logic" of some of the moves - so Fedex (FDX) runs up because oil prices are dropping (I get that) but the global economy is supposedly heading to recession (hence the drastic drop in commodities) and yet that is still good enough for Fedex? Hmm... this is just a market that wants to apply logic how it sees fit - so the global economy will drop badly enough that it hurts commodities, and the rest of the world will fall enough so it makes the dollar strong versus the rest of the world (whose economies are sinking) BUT the global economy won't fall enough that it will hurt Fedex. I got it. :) That's the sort of "goldilocks" scenario you have to build to pick the right stocks (on fundamentals) right now. Same goes for a gambling stock like Wynn Resorts (WYNN) - the dropping oil price will bring in hordes of customers that were staying away at $4.10 gas but will flood in at $3.25. Because the rest of the economy (housing, jobs, lack of credit) does not matter - it's all just an "oil trade".
We did own the #1 performing stock of the week, of market capitalization > $500M with Fuel Systems Solutions (FSYS) up 47%. I don't show stocks smaller than $1.75 B in this list.
| %YTD | Symbol | Company Name | % Price Week |
| -28.9 | BKD | Brookdale Senior Living Inc | 28.2 |
| -19.7 | AMR | AMR Corp | 26.5 |
| -25.9 | CAL | Continental Airlines Inc | 26.4 |
| -31.8 | NDAQ | NASDAQ OMX Group Inc | 24.0 |
| 48.3 | PRXL | Parexel International Corporation | 22.2 |
| 0.2 | FIS | Fidelity National Information Services | 21.3 |
| 46.0 | WRC | Warnaco Group Inc | 20.7 |
| 15.3 | RL | Polo Ralph Lauren Corp | 20.7 |
| -22.7 | NWA | Northwest Airlines Corp | 20.3 |
| -2.3 | COH | Coach Inc | 20.3 |
| -25.8 | CBG | CB Richard Ellis Group Inc | 19.0 |
| -15.6 | RMD | Resmed Ord Shs | 18.8 |
| -12.6 | SFD | Smithfield Foods Inc | 18.7 |
| -21.5 | CI | CIGNA Corp | 18.5 |
| -18.7 | JCP | JC Penney Co Inc | 18.4 |
| -62.4 | TSO | Tesoro Ord Shs | 16.9 |
| 2.8 | BIO | Bio Rad Class A Ord Shs | 16.9 |
| -17.2 | PDX | Pediatrix Medical Group Inc | 16.6 |
| 31.2 | CNQR | Concur Technologies Inc | 16.2 |
| -49.7 | SNDK | SanDisk Corp | 16.1 |
| -6.1 | DF | Dean Foods Co | 15.9 |
| -22.8 | EK | Eastman Kodak Co | 15.9 |
| -5.3 | NUAN | Nuance Communications Ord Shs | 15.8 |
| -27.6 | MTL | Mechel ADR Rep 3 Ord Shs | 15.8 |
| -29.3 | HDB | HDFC Bank Ltd | 15.8 |
| -42.9 | IBN | ICICI Bank ADR | 15.6 |
| -14.8 | AXA | Axa ADR | 15.6 |
| 9.5 | HEW | Hewitt Associates Inc | 15.3 |
| -0.3 | G | Genpact Ltd | 15.0 |
| -2.1 | LTD | Limited Brands Inc | 15.0 |
| 13.9 | LPNT | LifePoint Hospitals Inc | 14.9 |
| -31.7 | RCL | Royal Caribbean Cruises Ltd | 14.8 |
| -15.9 | NSR | NeuStar Inc | 14.6 |
| 17.0 | FFIV | F5 Networks Inc | 14.4 |
| -24.2 | AN | Autonation Inc | 14.2 |
| -45.8 | IGT | International Game Tech Ord Shs | 14.1 |
| -19.9 | M | Macy's Inc | 14.1 |
| -39.3 | FHN | First Horizon National Corp | 14.0 |
| -11.9 | SHLD | Sears Holdings Corp | 14.0 |
| -1.1 | FDX | Fedex Corp | 14.0 |
| -29.7 | RYCEY | Rolls-Royce Depository Receipt | 13.8 |
| -24.9 | WOOF | VCA Antech Inc | 13.7 |
| -14.2 | LRCX | Lam Research Corp | 13.7 |
| -12.9 | AVT | Avnet Inc | 13.6 |
| 17.6 | CVC | Cablevision Systems Corp | 13.6 |
| -14.5 | CHH | Choice Hotels International Inc | 13.5 |
| -19.3 | CTXS | Citrix Systems Inc | 13.5 |
| 14.7 | CHD | Church & Dwight Co Inc | 13.3 |
| -2.6 | HSIC | Henry Schein Inc | 13.3 |
| -40.1 | CBI | Chicago Bridge & Iron Co NV | 13.1 |
| -28.4 | CREE | Cree Inc | 13.0 |
| -7.4 | TRI | Thomson Reuters Corp Ord Shs | 12.9 |
| 34.2 | PWR | Quanta Services Inc | 12.7 |
| -4.0 | WYNN | Wynn Resorts Ltd | 12.6 |
| -11.2 | AGN | Allergan Inc | 12.6 |
| 2.8 | EAT | Brinker International Inc | 12.5 |
| -10.6 | MHK | Mohawk Industries Inc | 12.5 |
| 2.3 | WCG | WellCare Health Plans Inc | 12.3 |
| -8.3 | TDC | Teradata Corp | 12.3 |
| -60.2 | MGM | MGM Mirage | 12.3 |
| -50.6 | LVS | Las Vegas Sands Corp | 12.3 |
| -29.1 | NWL | Newell Rubbermaid Inc | 12.2 |
| 0.7 | LOW | Lowe's Companies Inc | 12.2 |
| 7.6 | PVH | Phillips-Van Heusen Corp | 12.1 |
| -10.4 | VSEA | Varian Semiconductor Equipment | 12.1 |
| -37.4 | SUN | Sunoco Inc | 12.1 |
| -37.6 | FITB | Fifth Third Banc Ord Shs | 12.1 |
| -5.4 | GES | Guess? Inc | 12.0 |
| -33.7 | DAI | Daimler AG | 12.0 |
