We examine the factor category strength behind Auto Parts & Equipment, Household Durables, and Paper Packaging. Each of these groups has rated Attractive or High Neutral for two consecutive months.
Advertising, Health Care Services, Auto Parts & Equipment
Auto Parts & Equipment has performed about twice as good as the market during the last 19 months. Margins still elevated, see more room for upside.
We like when we can find groups inside of broad themes, and these two industries are amongst the strongest in our work right now.
Auto Parts & Equipment, Systems Software, Life & Health Insurance and Life Sciences Tools & Services are featured this month.
Auto Parts & Equipment has rated Attractive in seven of ten months this year, including the last two months.
Strong scores in Technicals and Relative Strength categories. Group has been in consolidation for years, but poised to test 1999 highs.