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SoTM Bull's Eye Report - Today's Most Compelling Buy
Friday, July 19, 2013
At StateoftheMarkets.com, we strive to "own the best and ignore the rest" in our equity portfolios. Toward this end, each day we search our database for a "top stock" (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical "set up" and a good entry point.
In short, when our equity team is looking to add a stock to one of our portfolios, the "bull's eye" stock shown below is generally their first choice.
Company
Symbol
Industry
Stock
Rating
YTD
% Gain S.T.
Stop
Loss AMERCOUHALTrucking 9.1 +29.71% 1.11
Why We Like The Stock:
AMERCO (UHAL) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) with a positive technical set-up. This week we've featured three stocks from the Trucking sub-industry. Two days ago it was Avis Budget Group Inc (CAR), and yesterday it was Swift Transportation Co (SWFT). While these Trucking stocks all act pretty similar, given the general trending of the sub-industry, this is certainly not a bad thing. UHAL features a long-term uptrend dating back to May of 2012, and has had a great year so far in 2013. The stock looks to have overhead resistance just below the 0 mark, which isn't problematic if we're just in it for the short-term gain. The stock is currently basing beautifully at the intersection of many major short-term moving averages (5-, 10-, 18-, 50-day). We like UHAL at current prices to push back to 0.We Would Be Buyers:
At the current price (~1.89).
AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (U-Haul). The Company rents its distinctive orange and white U-Haul trucks and trailers, as well as offers self-storage rooms through a network of 1,450 Company operated retail moving centers and approximately 15,500 independent U-Haul dealers. The Company also sells U-Haul brand boxes, tape and other moving and self-storage products and services to do-it-yourself moving and storage customers at all of its distribution outlets and through its eMove Web site. U-Haul supplies products and services to help people move and store their household and commercial goods. The Company operates in three segments: Moving and Storage, Property and Casualty Insurance and Life Insurance. As of March 31, 2012, the Company's rental fleet consisted of approximately 106,000 trucks, 83,000 trailers and 33,000 towing devices.
Stock Rating:
The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest.
Disclosure:
At the time of publication the editor and affiliated companies own the following positions: None
Note: Positions may be bought or sold while this publication is in circulation without notice.
AMERCO - Last 3 Months
AMERCO - Last 12 Months
AMERCO - Last 5 Years
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