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Find A Great Stock Like Spirit Airlines With IBD

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Discount carrier Spirit Airlines (NASDAQ:SAVE) nearly doubled this year. But it hasn’t been an easy stock to trade. Spirit didn’t offer many buying opportunities and the stock experienced bouts of turbulence, especially in the latter part of the year.

From stock lists such as the IBD 50, Your Weekly Review and Sector Leaders to The New America and Stock Spotlight articles, there’s no shortage of places to find the market’s leading stocks. These are some of the must-read features.

Regularly reading IBD will keep you informed on which companies have market-leading products and services and red-hot earnings and sales growth rates.

Besides IBD, there’s a ton of research tools on Investors.com. Use Screen Center to find stocks with big earnings estimates, fat profit margins, rising mutual fund ownership, or high return on equity.

Investors can also get a quick assessment of a stock’s fundamental and technical health with Stock Checkup.

Spirit Air made IBD 50, Your Weekly Review and Sector Leaders in early February. When a stock makes its way to multiple lists, investors should pay close attention to its price-and-volume action.

The stock had staged a breakout from a cup-with-handle base in October 2013 and was in a second test of its 10-week moving average, providing another buying opportunity. It jumped off the line near 46.42 (1) and ran to an all-time high of 63.89 in late March before consolidating gains.

In the May 19 edition of IBD, Spirit again made the IBD 50. It was No. 11 and forming a late-stage base. The company was also featured in one of two Inside IBD 50 mini stories. At that time, the discount carrier had quarterly earnings growth of 16% to 126% over the past five quarters. And Spirit racked up 15 straight quarters of double-digit sales growth.

Spirit cleared a 63.99 buy point from a consolidation in the week ended June 20. While action was choppy, the stock rallied nearly 16% by September before settling into another consolidation (2).

The stock then cleared a 74.10 buy point from a cup base in the week ended Nov. 7. But that breakout failed a few weeks later.

Top Stocks: Facebook, Constant Contact Break Out

New highs were healthy again Monday as the market continued to rebound from a 5% pullback. Social media giant Facebook (FB) is in buying range after breaking out past an 81.26 flat-base buy point. The stock rose 1.57 to 81.45 for its fourth straight gain. It has made a huge run since the summer of 2013, but a recent undercut reset its base count to first-stage status. Earnings and sales growth …

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This Biotech Stands Out As Market Flirts With Highs

Four biotechs in Monday’s Sector Leaders screen had a rough go of it early in the session, but most recovered well off session lows. Overall, IBD’s biotech group held up relatively well, considering it fell nearly 3% early. It ended with a loss of around 1%. The soundest biotech in Sector Leaders at this point is Biogen Idec (BIIB). It’s trading tightly and still in a buy range after last week’s …

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First Trust’s New Active ETF Soaks Up Pimco Outflow

Pimco, the California-based investment giant, continues to dominate active ETF market share. But First Trust is nipping at its heels.

After co-founder Bill Gross’ departure, Pimco continues to see outflow from its actively managed, fixed-income exchange traded funds. Investors pulled $312.8 million from Pimco products in November as its market share eroded by 4%.

First Trust attracted $1.08 billion in November inflow, up from roughly $600 million the previous month, according to the AdvisorShares’ Active ETF Report released Dec. 10. The Illinois-based First Trust grew its market share by 5% and beat out 22 other active ETF sponsors in net flow for November.

Pimco had $6.65 billion in active ETF assets at the end of November, or 36% of the industry total. First Trust, with $3.3 billion, had 18%, according to the report.

As of Nov. 30, 122 actively managed ETFs were listed on U.S. exchanges. They included four new launches during the month. Assets grew by 5.7% to $18.39 billion. Still, that’s a drop in the bucket of overall assets in the ETF industry: 1% of roughly $1.9 trillion.

At the end of 2013, there were 71 active ETFs holding $14.8 billion.

Short-term bonds continued to attract the most new investor dollars. At November’s end, this asset class’ 13 ETFs had 37% of actively managed market share.

Their popularity reflects the rising appeal of short-duration income funds over money-market funds that mostly pay nominal interest, about 0.01%, AdvisorShares CEO Noah Hamman told IBD. “Many advisers and investors are comfortable taking a small amount of risk to get a little more return.”

Fast Start

Most of the short-term bond inflow went into First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM). The fund has rapidly gained traction since its stock market debut on Aug. 5. Its assets almost tripled to $1.6 billion last month.

That growth made it the third-largest active ETF by asset size — a remarkable jump from seventh in October and 98th in September.

Pimco Total Return (ARCA:BOND) saw assets fall 4% to $2.45 billion in November, making it the second-largest active ETF. The top dog continued to be Pimco Enhanced Short Duration (ARCA:MINT), with $3.59 billion in assets, down 5% from October.

The top three active ETFs together held 42% of all assets in the space. MINT alone accounted for a fifth of the total. And most active ETF assets are in the fixed-income category.

Retail channels are spurring the growth in active ETFs, Hamman said, which is “different from when index ETFs first came out” and were mostly used by institutional investors.

AdvisorShares offers 26 active ETFs, more than any other sponsor. As the fourth-largest active ETF sponsor, it manages roughly $1.48 billion in assets.

Natgas Futures Hit 2-Year Low; No Cold In Sight

Natural gas futures tumbled to a two-year low in New York Monday as mild weather and record production threatened to expand a stockpile surplus.
Futures slumped 9% to the lowest settlement since Jan. 9, 2013, making the fuel the worst performer amon…

Stocks Take 4th Straight Gain; Priceline.com, Ambarella Rise

Stocks battled quietly to a positive finish Monday, adding a fourth straight gain for both the Nasdaq and the S&P 500.

The Nasdaq rose 0.4%. The S&P 500 closed with a 0.3% gain — ending only a small fraction below its Dec. 5 high.

Priceline.com (NASDAQ:PCLN) hammered out a solid 4% gain for the day. That put the online travel booking service back above its 10-week moving average, as it tries to build the right side of a nine-month consolidation.

Chipmakers turned in healthy gains, with the Philadelphia Semiconductor Index booking a 1.5% advance.

Ambarella (NASDAQ:AMBA) leapt 6% in mild trade, rebounding from its 10-week moving average. It is the stock’s second rebound since an August breakout.

InvenSense (NYSE:INVN) also pounded out a 6% gain, but in weak trade. The stock ended set to test resistance at its 10-week moving average. The stock has been consolidating below that line since September.

Stocks Poised For Fourth Straight Gain; Taser Surges

Stocks regained some traction late Monday and were poised for a fourth day of gains.
The Dow Jones industrial average continued to lead with a 0.6% gain. Meanwhile, the Nasdaq and the S&P 500 rose 0.3% and 0.2% respectively. Both were little cha…

Broad Indexes Little Changed; Facebook Breaks Out

Broader indexes were mostly treading water Monday afternoon, but blue chips continued to outshine.
Lifted by Intel (NASDAQ:INTC), Boeing (NYSE:BA) and IBM (NYSE:IBM), the Dow Jones industrial average rallied 0.5%. The Nasdaq edged up 0.1% while the …

Dow Outperforms While Nasdaq Holds Small Gain; Oil Weak

Early gains in the stock market today nearly evaporated by midday Monday amid a general lack of interest going into the Christmas week.
The Dow Jones industrial average outperformed with a 0.5% gain. The Nasdaq added 0.1% and the S&P 500 was mos…

Stocks Struggle To Hold Gains; Alaska Air, Spirit Up

Stocks got off to a mixed start, but quickly turned positive in the shortened holiday week, with drugmakers showing particular weakness at Monday’s open.
The Dow Jones industrial average led, up 0.4%. The Nasdaq backed out of early losses to a 0.2% ga…