What sectors are attracting buyers | stockbee

12/09/2008

What sectors are attracting buyers

In last few weeks the market has managed to put together a good rebound. Certain sectors are attracting buy interests. Some have Obama stimulus package as catalyst while others are just rebounding from severe oversold levels.

Top 6 Morningstar Industry Groups in Telechart by short term relative strength
  1. Technical Services
  2. Cement
  3. Gen Contractor
  4. Truck and other vehicles
  5. Internet service providers
  6. Surety and Title Insurance

2 comments:

Dhiren said...

Pradeep:

How did you sort the industry groups? Was it by "relative strength with S&P in last one year"?

Thanks

Pradeep Bonde said...

By using c/avgc40 to sort the sector list.