Daily Stock Pick: Solutia Inc - 3/1/2010
March 1, 2010Every 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 |
| Solutia Inc | SOA | Diversified Chemicals | 10.0 | 14.9% | $13.38 |
| Company Profile: Solutia Inc. is a global manufacturer and marketer of a variety of chemical and engineered materials that are used in a range of consumer and industrial applications. The Company maintains a global infrastructure consisting of 25 manufacturing facilities, six technical centers and approximately 26 sales offices globally, including 12 facilities in the United States. The Company’s segments are Saflex, CPFilms and Technical Specialties. Saflex is the producer of Polyvinyl Butyral (PVB) sheet, a plastic interlayer used in the manufacture of laminated glass for automotive, architectural and energy applications. CPFilms is a manufacturer of solar control, decorative, safety and security window films for aftermarket automotive and architectural applications.Technical Specialties is the Company’s chemicals segment. On June 1, 2009, the Company sold Integrated Nylon business to an affiliate of S.K. Capital Partners II, L.P. (Buyer), a New York-based private equity firm. | |||||
| Chart Watch: Intraday Chart Watch: Last 3 Months Chart Watch: Last 12 Months | |||||
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Stock Rating: Annualized Profit Projections: Disclosure: Note: Positions may be bought or sold while this publication is in circulation without notice. | |||||
What To Do With The Data?
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