Friday, November 18, 2011

Flat Market Equals Stocks Breaking Out

After 2 big down days for stocks, the major US indices are slightly higher heading into the lunch hour on Friday. The news out of Europe has been mixed, but with the negative news of the week already baked into stocks, the bulls have found a reason to buy.

Even as the major indices flutter around today there are a handful of stocks that are on the PFG WishList and a few that we own for clients that are breaking out today. Here are some of the leaders that we should be watching.

  • Enbridge ($ENB) - Canadian pipeline company that pays a 2.8% dividend.
  • Susser Holdings ($SUSS) - Operates convenience stores in 4 Southern states.
  • Philip Morris International ($PM) - Sell tobacco products outside the US and pays a 4.3% dividend.
  • Kansas City Southern ($KSU) - Operates railways mainly in the Midwest.
  • Barrett Business Services ($BBSI) - Offers HR management to small and mid-sized companies and pays a 2.5% dividend.

No comments: