Are these service industry stocks seeing too much of a good thing? We list below 8 firms that have all of the following bullish data:
-Market cap above $300 and rapidly growing: Share price is rallying above its 20, 50 and 200 day moving averages (MA). This is an incredibly bullish technical indicator that says the stock is running strong, and may have some more upward momentum to price in.
-Institutional Buying; Big investing firms, like hedge funds, often have more sophisticated market data than the average “Main Street” investor. When the pool of “smart money” investors are collectively net buying a stock, we can assume these trades came from careful analysis and some assurance the share has more upside to price in. (We looked at net buying in the current quarter)
-Dividend Yields – A company that offers a dividend yield is showing confidence in the firm’s ability to remain profitable and improve their business while paying out portions of their revenue to shareholders. But a high dividend yield is not always sustainable, so we only took names with yields between 1-7%.
- We limited our search to only US names. Many investors feel more comfortable investing in American firms because we can better understand their financial landscape, constraints, and market environment than their foreign counterparts.
Business Section: Investing Ideas
Take a look at the final 8 listed below. Hedge funds made a good call on these investments as they have rallied strongly in the past few months. But do you think these dividend stocks have more upside to price in?
Interactive Chart: Use the Compar-O-Matic to compare market caps for the stocks mentioned below:
1. REGAL ENTERTAINMENT GROUP (RGC, Earnings, Analysts, Financials): Operates a theatre circuit in the United States. Market cap at $2.14B, most recent closing price at $13.77. The stock is currently rallying 0.27% above its 20-day MA, 0.98% above its 50-day MA, and 3.9% above its 200-day MA. Dividend yield at 6.12%. Net institutional purchases in the current quarter at 7.7M shares, which represents about 9.81% of the company’s float of 78.47M shares.
2. SeaCube Container Leasing Ltd. (BOX, Earnings, Analysts, Financials): Operates as a container leasing company worldwide. Market cap at $365.63M, most recent closing price at $17.98. The stock is currently rallying 5.34% above its 20-day MA, 6.34% above its 50-day MA, and 15.24% above its 200-day MA. Dividend yield at 6.07%. Net institutional purchases in the current quarter at 7.9M shares, which represents about 71.11% of the company’s float of 11.11M shares.
3. Hot Topic Inc. (HOTT, Earnings, Analysts, Financials): Operates as a mall- and Web-based specialty retailer in the United States. Market cap at $409.57M, most recent closing price at $9.73. The stock is currently rallying 1.73% above its 20-day MA, 4.25% above its 50-day MA, and 15.97% above its 200-day MA. Dividend yield at 3.21%. Net institutional purchases in the current quarter at 1.9M shares, which represents about 5.36% of the company’s float of 35.46M shares.
4. Carnival Corporation (CCL, Earnings, Analysts, Financials): Operates as a cruise and vacation company. Market cap at $26.81B, most recent closing price at $34.22. The stock is currently rallying 2.66% above its 20-day MA, 2.19% above its 50-day MA, and 5.84% above its 200-day MA. Dividend yield at 2.94%. Net institutional purchases in the current quarter at 50.5M shares, which represents about 8.94% of the company’s float of 564.98M shares.
5. Cracker Barrel Old Country Store, Inc. (CBRL, Earnings, Analysts, Financials): Engages in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept in the United States. Market cap at $1.47B, most recent closing price at $63.43. The stock is currently rallying 1.25% above its 20-day MA, 3.45% above its 50-day MA, and 16.43% above its 200-day MA. Dividend yield at 2.53%. Net institutional purchases in the current quarter at 1.2M shares, which represents about 6.67% of the company’s float of 18.00M shares.
6. Booz Allen Hamilton Inc. (BAH, Earnings, Analysts, Financials): Provides professional services primarily to US government agencies in the defense, security, and civil sectors, as well as to corporations, institutions, and not-for-profit organizations. Market cap at $2.4B, most recent closing price at $17.83. The stock is currently rallying 8.26% above its 20-day MA, 16.97% above its 50-day MA, and 21.52% above its 200-day MA. Dividend yield at 1.94%. Net institutional purchases in the current quarter at 1.5M shares, which represents about 5.21% of the company’s float of 28.79M shares.
7. The Jones Group Inc. (JNY, Earnings, Analysts, Financials): Engages in the design, marketing, and wholesale of apparel, footwear, and accessories in the United States and Canada. Market cap at $891.91M, most recent closing price at $10.98. The stock is currently rallying 9.06% above its 20-day MA, 12.48% above its 50-day MA, and 8.57% above its 200-day MA. Dividend yield at 1.78%. Net institutional purchases in the current quarter at 7.5M shares, which represents about 10.53% of the company’s float of 71.25M shares.
8. Lithia Motors Inc. (LAD, Earnings, Analysts, Financials): Operates as an automotive franchisee and retailer of new and used vehicles. Market cap at $736.16M, most recent closing price at $28.62. The stock is currently rallying 8.99% above its 20-day MA, 17.5% above its 50-day MA, and 22.43% above its 200-day MA. Dividend yield at 1.36%. Net institutional purchases in the current quarter at 1.5M shares, which represents about 8.% of the company’s float of 18.76M shares.
Written by Rebecca Lipman. Institutional data sourced from Fidelity, all other data sourced from Finviz.
Use Kapitall’s Tools: Looking for ways to analyze this list?
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Analyze These Ideas: Getting Started
- Read descriptions for all companies mentioned
- Access a performance overview for all stocks in the list
- Compare analyst ratings for the companies mentioned
- Compare analyst ratings to annual returns for stocks mentioned
- Real-Time Opinion: Scan the latest tweets about these companies (feed will open in a new window)
Dig Deeper: Access Company Snapshots, Charts, Filings
- REGAL ENTERTAINMENT GROUP (RGC, Chart, Download SEC Filings)
- SeaCube Container Leasing Ltd. (BOX, Chart, Download SEC Filings)
- Hot Topic Inc. (HOTT, Chart, Download SEC Filings)
- Carnival Corporation (CCL, Chart, Download SEC Filings)
- Cracker Barrel Old Country Store, Inc. (CBRL, Chart, Download SEC Filings)
- Booz Allen Hamilton Inc. (BAH, Chart, Download SEC Filings)
- The Jones Group Inc. (JNY, Chart, Download SEC Filings)
- Lithia Motors Inc. (LAD, Chart, Download SEC Filings)
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