Barchart Stock Chart of the Day – February 27, 2009

More and more of our activities are being focused around the home, as vacation trips are being cut back in a time of economic uncertainty.  And companies that focus their products on our homes are doing well.

Take for example our Chart of the Day, Central Garden and Pet (CENT) , one of Barchart’s TOP 100 STOCKS, up nearly 25% for the year to day. Central Garden and Pet, which uses the corporate tagline of “The home is the heart of the activity” is based out of Walnut Creek, California and makes gardening and pet products under various brand names.

Barchart Opinions for CENT are:

    Short Term Indicators Average: 80% Buy
    Medium Term Indicators Average: 100% Buy
    Long Term Indicators Average: 100% Buy
    Overall Average: 96% Buy

Barchart Trend Spotter Signal: Long since November 28, 2009.

Sector Performance: CENT is a member of the Consumer Products - Miscellaneous & Discretionary sector, where it and its class A cousin are  the 1st and 2nd best performing stock out of 13 stocks in the sector. While the sector as a whole has a weighted Alpha of -35.96%, CENT itself has a weighted Alpha of +68.70% indicating that it is much stronger than the sector as a whole. To learn more about weighted Alpha, visit the Barchart Learning Center .

How we spotted this chart: We noticed CENT while view Barchart’s TOP 100 STOCKS page where we ignored inverse ETFs, education stocks and gold stocks, looking for some diversification.

Recent Developments:

There have been no significant news items for Central Garden and Pet (CENT) in the last seven days.