IC Insider.com BUY RATED Stationery and Office Supplies (SOS) jumped into the TOP 10 Junior Market stocks in the number one position at the close of the past week.
The SOS stock which opens to the public for purchase, starting on the 19th of this month, is priced at $2 and is expected to close on the same day it opens, as sentiments towards it are very positive.
SOS is projected by IC Insider.com to produce earnings of 40 cents per share for 2018 and is expected to benefit from the increased exposure leading up to the listing and the continuing exposure post listing, giving them an added advantage over the competition. Medical Disposables sits second spot and Caribbean Producers is in at the third spot. 
CAC 2000 moved into the TOP 10 with the price having fallen to $6.57 by the end of the week.
The inclusion of SOS and CAC 2000 means that Lasco Distributors and Lasco Finance have been edged out of the Top listing. Express Catering that goes to market on July 12, is priced at a level placing them well outside the top listing.
In the main market Sagicor Group fell to $30 by week end and helped it into the TOP 10 lists edging out Grace Kennedy in the process.
Market movement continues to be constrained by near term resistance levels, it does not prevent stocks from moving in either direction, but it will tend to keep prices overall from big movements upwards.
The average PE ratio for the Junior Market Top stocks remain at 7 even with SOS being added at a PE of 5 times 2017 earnings. The PE for the main market slipped to 6.7 with the sharp fall in prices during the week. The average PE for the overall main market, is down to 13 while it remains at 12 for Junior Market, based on 2017 estimated earnings.
At the close of the week, IC Insider.com’s TOP 10 Junior Market stocks now trade at an average discount of 40 percent to the Junior Market average, while those in the main market are trading at a 49 percent discount, to the average of the market, leaving stocks with room for growth in the months ahead.
