Looking at this stock's financial ratios, one would not say this stock is particularly undervalued; however, the chart is extremely attractive (looking at it over a two period it looks like a nice bottom has formed and it has now jumped over its 200-day moving average) and it is comforting to see that it's one of our Cash Flow Kings.


Micro-cap stock Specialty Underwriters (SUAI) is the only repeat from last week and rounds out our short list. This brevity reflects the decline in the number of stocks on the Trend Leaders list as major stock averages fell anywhere from 2.1% to 4.7%

The "Contrarian Screen"

The next table shows the results of combining Cash Flow Kings with this week's Alert HQ SELL signals based on daily data. I think of this as the "contrarian screen" as it combines stocks with strong cash flow and falling prices. Here we have three stocks:

Symbol	Name	Exchange	Last Price	Market Cap
ICTG	ICT Group, Inc.	NGM	4.06	64.6M
LION	Fidelity Southern	NasdaqNM	3.00	28.5M
TGE	TGC Industries, Inc.	NasdaqNM	2.21	38.4M

The best of this bunch is probably TGC Industries (TGE) which is in the oil and gas exploration services business. They have little debt and their financial ratios are all pretty favorable. This could be a nice longer-term value play. The chart below shows that the stock has fallen back to its 50-day moving average. It could get cheaper from here.


If you'd like to download the whole list with added fundamental data you can use this link. There could be a few stocks here that you will want to add to your watch list.

Disclosure: none