Stock Picks that Argus believes are positioned for gains over the next month. Five-Day Strengthening Sectors: Energy, Materials Five-Day Weakening Sectors: Utilities, Telecom Services Vishay Inter-technology VSH Price 14.15 Support 13.00 Resistance 18.00 Vishay has almost unimaginable beginnings, named for a vanished Lithuanian village by its lone survivor, who hid from the Nazis in his teenage years before founding the company as a young man. Vishay is a leader in passive components as well as discreet (one-step) semiconductors. When demand is good (as at present), that signals that all parts of the industrial and technology economies are humming. A year ago, VSH was under $10 while its 200-day SMA trendline was at $13, signaling the rough year Vishay experienced as industrial customers reeled from strong dollar and crashing commodities. The VSH shares got sustainably back above their 200-day trendline following the winter ’16 sell-off, at around $11 in mid-February. VSH climbed to $13 by June, retested the $11.60 area on broad market selling in June, and recovered on solid EPS results. The shares recently rallied to a new 52-week high above $14. We would stop-loss at the 20-day SMA at $13.75, with a final stop at the 50-day at $13. If the stock can get past near-term resistance at $16 from September ’14, we would take profits in the upper teens. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Ecolab ECL Price 123.89 Support 120 Resistance NM Ecolab is a specialty chemicals company that many investors know for its work in water technology. As a fluid-handling company, it also does work for oil companies -- and when oil prices collapsed, the ECL shares came tumbling down with the sector. From the $118 level in September ’14, ECL dropped to $98 by January ’15. Ecolab has wide industrial exposure, and many of its customers were impacted by the energy crash. The stock climbed to the $120s by late 2015, only to drop back to $100 in February 2016. The stock got back above its 200-day at $112 late in March of this year, continuing its run higher despite speed bumps in mid-June and late July. ECL has used recent strength to climb to an all-time high above $123. We would stop-loss at the 20-day SMA at $122, with a final stop at the 50-day at $120. We would take profits in the $130 range. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++