This weekend we ran the Alert HQ process and generated the list of Trend Leaders. These stocks and ETFs are distinguished by strong recent performance. Using daily data, we look for stocks that are over their 50-day moving average. We then use three different technical indicators to determine trend: Aroon, DMI and MACD. All three indicators must be registering strong readings in order for a stock or ETF to make the list of Trend Leaders. Below we present those stocks from the Tech sector that made this week's list. Data is as of the close on Friday, 3/20/09. SymbolName Last Price Market Cap PE Ratio Price to Sales Price to Book PEG Ratio[More...]

UPGRADES

Domtar UFS Citigroup Hold » Buy
Netflix NFLX Wedbush Morgan Hold » Buy
China Petroleum (Sinopec) SNP Citigroup Sell » Buy
Georgia Gulf GGC UBS Neutral » Buy
MicroStrategy MSTR Sun Trust Rbsn Humphrey Neutral » Buy
Keithley KEI Brean Murray Sell » Buy
bebe stores BEBE Brean Murray Sell » Buy
Waddell & Reed WDR Credit Suisse Neutral » Outperform
Talisman Energy TLM Credit Suisse Neutral » Outperform
Longs Drug LDG Lehman Brothers Equal-weight » Overweight
Novellus NVLS RBC Capital Mkts Sector Perform » Outperform
Immunogen IMGN RBC Capital Mkts Sector Perform » Outperform
Banco Santander Central STD UBS Neutral » Buy
Annaly Mortgage NLY UBS Neutral » Buy
Agrium AGU CIBC Wrld Mkts Sector Perform » Sector Outperform

DOWNGRADES
Strategic Hotels & Resorts BEE UBS Buy » Neutral
Buckeye Tech BKI Citigroup Hold » Sell
Mediacom Comm MCCC Pali Research Neutral » Sell
Boeing BA Bernstein Outperform » Mkt Perform
Salesforce.com CRM Cantor Fitzgerald Buy » Hold
Manhattan Assoc MANH Cantor Fitzgerald Buy » Hold
Taleo TLEO Cantor Fitzgerald Buy » Hold
Dexcom DXCM Lazard Capital Hold » Sell
Vital Images VTAL Needham & Co Buy » Hold
Coldwater Creek CWTR Stanford Research Buy » Hold
Dril-Quip DRQ UBS Neutral » Sell
CNET CNET Stifel Nicolaus Buy » Hold
BEA Systems BEAS Citigroup Buy » Hold
China Telecom CHA Bear Stearns Peer Perform » Underperform
BEA Systems BEAS Bear Stearns Outperform » Peer Perform
BJ's Wholesale BJ Banc of America Sec Neutral » Sell
PETsMART PETM Credit Suisse Outperform » Neutral
Office Depot ODP Credit Suisse Outperform » Neutral
EnCana ECA Credit Suisse Outperform » Neutral
Canadian Natrl Res CNQ Credit Suisse Outperform » Neutral
Calamos Asset CLMS Credit Suisse Outperform » Neutral
Bioscrip BIOS Broadpoint Capital Buy » Neutral
Bankunited Fin BKUNA JP Morgan Overweight » Neutral
Coldwater Creek CWTR Stifel Nicolaus Buy » Hold
Seattle Genetics SGEN RBC Capital Mkts Outperform » Sector Perform
KB Home KBH UBS Buy » Neutral
Cognos COGN UBS Buy » Neutral

 Subscribe in a reader

I’m one of those strange people who gets excited by big one day market declines.  To me, it’s a stock clearance sale.  I have been busy today buying stocks.  I added Mothers Work (MWRK) and I accumulated shares of an actual Graham net-net for the Fat Pitch Financials Port.  I also picked up shares of an odd [...]