The Chart of the Day belongs to the financial services stock Stifel Financial (SF). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 8/30 the stock gained 18.16%.
Sf Price vs DailyMoving Averages
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in Saint Louis, Missouri.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
- 100% technical buy signals
- 72.79+ Weighted Alpha
- 83.10% gain in the last year
- Trend Seeker buy signal
- 1.09 - 60 month Beta
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 10.92% in the last month
- Relative Strength Index 71.00%
- Technical support level at $103.47
- Recently traded at $104.15 with 50 day moving average of $93.08
Fundamental Factors:
- Market Cap $10.74 billion
- P/E 17.26
- Dividend yield 1.55%
- Revenue expected to grow 11.60% this year and another 9.10% next year
- Earnings are estimated to increase 38.50% this year, an additional 17.70% next year and continue to increase at a compounded annual rate of 14.18% for the next 5 years
Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:
- Wall Street analyst gave 2 strong buy and 5 hold opinions on the stock
- Analysts' price targets are between $98 and $113
- Value Line rates the stock its average rating of 3 with a price target of $108
- CFRAs MarketScope rates the stock a hold
- MorningStar gives the stock its below average rating of 2 with a fair value of $86 or 21% over values
- 4,750 investors monitor the stock on Seeking Alpha
Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
