Barchart.com's Chart of the Day - Cosan
Related Stocks
 CZZ - Cosan Ltd
SymLastChgPct
CZZ18.26+0.27+1.50%

The Barchart Chart of the Day belongs to the sugar and ethanol company Cosan (CZZ). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/20 the stock gained 22.47%.

Cosan is the leading global ethanol and sugar company in terms of production with low-cost, large-scale and integrated operations in Brazil. Their production is based on sugarcane, a competitive and viable feed stock for ethanol, sugar and energy because of its low production cost and high energy efficiency ratio relative to other ethanol sources, such as corn and sugar beet.

CZZ

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 158.10+ Weighted Alpha
  • 150.48% gain in the last month
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 24.7% in the last month
  • Relative Strength Index 86.34%
  • Technical support level at 20.78
  • Recently traded at 21.04 with a 50 day moving average of 17.07

Fundamental factors:

  • Market Cap $5.08 billion
  • P/E 10.70
  • Revenue expected to grow 295.30% this year and another 5.00% next year
  • Earnings estimated to increase 24.50% this year, an additional 26.80% next year and continue to compound at an annual rate of 10.45% for the next 5 years
  • Wall Street analysts issued 3 buy and 1 hold recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 347 to 23 that the stock will beat the market
  • 3,828 investors are monitoring the stock on Seeking Alpha