This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Consumer Stocks Setting Up to Charge Higher in 2013

Fortune Brands Home & Security

There's no two ways about it -- it's been a stellar year for shareholders of Fortune Brands Home & Security (FBHS - Get Report): shares of the $4.8 billion home improvement and security stock have rallied more than 74% since the first trading day in January. And now, it looks like Fortune could be headed even higher in 2013...

That's because shares are currently forming an ascending triangle pattern, a bullish setup that's formed by horizontal resistance to the upside and uptrending support below shares. As FBHS bounces in between those two lines, it's getting squeezed closer and closer to a breakout above that $30 resistance level. When the breakout happens, traders have a buy signal for this stock.

As close as FBHS is to that $30 breakout level right now, this trade looks likely to trigger this week; that's why it's worth keeping a close eye on. The 50-day moving average has acted as a pretty good proxy for support in the last two months, so it's a logical place to put a protective stop below.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
AMTD $29.83 0.00%
FBHS $55.41 0.00%
GRMN $42.63 0.00%
LII $134.95 0.00%
WTW $12.95 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs