Cardinal Health Inc (NYSE:CAH) is the Stock of The Week

August 19, 2015, 10:55 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

The Stock of the Week this week is Cardinal Health Inc (NYSE:CAH).  Stock Traders Daily has selected CAH from a list of 139 other stocks that comprise our focus list based on algorithmic correlation metrics that suggested, if the market holds support, CAH was likely to move higher.  This call had everything to do with the test of longer term support in the DJIA last week. 

This call is designed for 1 week only, per the rules of our Stock of the Week Strategy as outlined below.

Stock of the Week:

• STDEV (3 years): 0.06 
  Beta (3 years): -0.25 
  Alpha (3 years): 1.37

Performance

• ·         1 Year: 4.96% 
  3 year: 48.98% 
  5 Years: 98.64%

Rules (summary):

• 1 stock every week
• Every Week ends in cash
• 3 trades per week this year on average
• Trades can be integrated into your brokerage firm's software.

This could very well be the best performing proactive strategy on the market since December of 2007, but it might be the best performing strategy period.  I'll let you be the judge. 

I have put a video tutorial on our member's website so you can see it, read the rules, and follow it on paper so that you can make an educated decision.  Here is a basic performance chart, but an interactive chart is also available on our member's website.  Performance Chart

Support and Resistance Plot Chart for

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