Power Ratings Across the Indexes: KFT, PG, PAYX, AAPL, BDX, ABT

Good news is starting to seep into the stock market. Stock were lifted today on the combined positive announcements of Pending Home Sales surprising analysts on the upside this morning Citigroup suggesting that it will boost lending lifted stocks today.

The worst may be over as the economy digests the bailout plan and investors hope to start seeing a light at the end of the tunnel. Knowing the right stocks to invest in during the current environment can potentially pay off big in the future. Our PowerRating Scanner helps you locate stocks that are most likely to perform well in uncertain times. The scanner slices and dices the market in a myriad of ways. It ranks stocks in the three major stock indexes: the Dow Jones Industrial Average, Nasdaq, and the Standard & Poors 500. It serves up the top Long Term PowerRated stocks in each of the indexes on demand. These ratings serve as a tool to help you avoid inherently risky and overtly dangerous stocks while focusing on stocks that are most likely to perform well over the long term.

Our studies clearly indicate that stocks that earn a 10 rating have a 81% chance of being higher one year later. Those awarded a 9 rating have a 79.1% chance of trading higher one year later. Conversely, those stocks with a low 1,2 or 3 Long Term Power Rating have proven to simply be too volatile thus risky for prudent, conservative long term investment. Lets take a closer look at several interesting stocks from our Power Rating Scanner across the three major indexes.

The DJIA

Kraft Foods (KFT | Quote | Chart | News | PowerRating) - This 5 Long Term Power Rated diversified major foods company is the number one ranked stock in the DJIA today. The company announced a superior 3rd quarter with Net Revenues increased by 19.4% and diluted EPS more than doubled from last year. Guidance was reaffirmed with positive words about the future. Anxiously awaited, fiscal 4th quarter results will be released tomorrow. They are expected to post earnings of around 44 cents/share. Technically, shares have been uptrending since the start of 2009. Price is above the 50-day SMA but was rejected by the 200-day SMA, spiking down on Friday. The stock seems to have found a bottom around $27.50/share bouncing up to the $28.50 area today.

Proctor and Gamble (PG | Quote | Chart | News | PowerRating) - The consumer product company is another 5 Long Term Power rated stock in the DJIA. They have been paying dividends without interruption since the 1800s. In its fiscal first quarter EPS were up 12% and sales up 9%. Second fiscal quarter EPS were up an astounding 61%. This gain is attributed to the Folgers Coffee transaction. Price has been downtrending since early 2009. The recent bounce was rejected back down near the 50-day SMA, stopping in the $52.00/share range. Both the 50 and 200-day SMAs are downtrending.