PPR - EW, CAB, TSCO pocket pivots
Medical hardware manufacturer EW had a pocket pivot. Earnings have accelerated with the last 3 quarters at 13%, 0%, and 37% in the most recent quarter compared to the same quarter a year ago. Industry group rank 22nd.
Outdoor equipment supplier CAB had a pocket pivot. Institutional sponsorship has climber last 4 quarters, earnings are at 23%, 60%, and 47% in the last quarter compared to the same quarter a year ago, and the stock recently had a huge up day on big volume after a strong earnings report.
Farming equipment supplier TSCO had a pocket pivot. Industry group rank 11th, Return-on-Equity has climbed to a high of 22.9 this year, and the stock gapped up on a strong earnings report last quarter.
There were quite a few pocket pivots in today's trade. Keep in mind that the Speculation Index is at historical all time highs so position size with caution.
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