Daily TopStock Pick: South Jersey Industries - 7/20/2010
July 20, 2010Sign Up to Receive an Email Alert when the Daily Stock Pick is Updated
Every trading day, we search our database for a brand new TopStock pick that, in our humble opinion, is in solid technical condition and perhaps, ready to move up.
Our base level investment philosophy is based on the concept of "own the best and ignore the rest." Thus, we focus our attention solely on the TopStocks of the market -- the top ranked stocks in the strongest industry groups.
How Do We Find the"TopStocks?"
A question we are constantly asked is: How do we find these TopStocks? In short, we follow a disciplined three-step process.
Step 1: Identity the Top Sectors and Industry Groups
We first determine the market?s leadership by identifying the top performing sectors and industry groups. From 10 sectors and more than 100 Industry Groups, our proprietary ranking systems
(which has been designed in conjunction with the nation's leading independent research firm) identifies the top 5 sectors and the top 20 groups based on momentum, industry strength, and
indicators that are specific to the industry being ranked.
Step 2: Isolate the Highest Rated Companies
From more than 2400 stocks, the system identifies the top 5% in terms of earnings strength, earnings momentum, company performance, and relative strength.
Step 3: Select the Strongest Stocks in the Top Industry Groups
We then merge the two rankings and select the top ranked companies that are in the top Industry Groups. This keeps us focused on the best performing stocks in the leading sectors of the market.
And then every weekend, we rerun the TopStock ratings and start all over again!
The TopStock Pick of the Day
The TopStock Pick listed below has met all of our fundamental criteria and currently displays a solid technical "set up" for a buy. The stocks highlighted in our daily Stock Pick reports are definitely on our radar, and may even be in some of our portfolios (see disclosure for details).
|
Stock |
Symbol |
Industry |
TopStock Rating |
Annualized Profit Projection |
S.T. Stop Loss |
| South Jersey Industries Inc | SJI | Utilities - Gas | 5.1 | 13.2% | $43.22 |
|
Company Profile: South Jersey Industries, Inc. (SJI) is an energy services holding company that provides energy related products and services through its subsidiaries, South Jersey Gas Company (SJG), South Jersey Resources Group, LLC (SJRG), Marina Energy, LLC (Marina), South Jersey Energy Company (SJE) and South Jersey Energy Service Plus, LLC (SJESP). SJG is a regulated natural gas utility. SJG distributes natural gas in the seven southernmost counties of New Jersey. SJRG markets wholesale natural gas storage, commodity and transportation in the mid-Atlantic and southern states. Marina develops and operates onsite energy-related projects. SJE acquires and markets natural gas and electricity to retail end users and provides total energy management services to commercial and industrial customers. SJESP provides residential and light commercial service and installation of heating, ventilation, and air conditioning (HVAC) systems, plumbing services, and appliance repair and service/maintenance contracts. |
|||||
|
Stock Rating:
Annualized Profit Projections:
Disclosure: Note: Positions may be bought or sold while this publication is in circulation without notice. |
|||||
South Jersey Industries - Last 3 Months -
South Jersey Industries - Last 12 Months
South Jersey Industries - Last 5 Years
What To Do With The Data?
Would like to know when any of the TopStock Picks are added to the Top 5 Portfolio or the HedgePro Portfolio (this one "goes both ways" with long and short positions)?
Would like to know EXACTLY when our TopStock Trading team makes a move in the TSP Active Trader (the "best of TSP" portfolio), the TSP MacroTrade (what's the next big trade?), or TSP Insider Portfolios (we own what the insiders are buying)?
If you answered yes to any of the above questions, be sure to treat yourself to a FREE TRIAL of any of our services. Even Free Trial Members receive ALERTS! telling you exactly what we are going to do BEFORE we make actually make a move.
Free-trial members receive COMPLETE ACCESS to every trade we make. Just click on the FREE TRIAL button at the top of the page and then select one of our TopStock services. Give us a shot, I think you'll like our style.
The analysis and information





