For those whose mantra is buy high and sell even higher, Freda Ding of Kapitall.com screened for stocks on hot streaks.
We talk a lot about cheap, undervalued, value stocks at Kapitall. But there are also stocks that are good performers regardless of the underlying assets. In this list, we looked at a few of these securities that have positive earnings trends that are outperforming the market. With the S&P reaching new highs, these are worth a look.
Our screening criteria included:
- Consistent Outperformance of the S&P 500 Measured in Days
- Positive Earnings
- EPS Growth Quarter Over Quarter
- Sales Growth Quarter Over Quarter
Several momentum stocks out in the market are highly speculative i.e. they don't have any earnings yet! So we made sure to screen for stocks that are a already profitable and bit safer.
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The average one-year return on a portfolio of the above 11 stocks is 64%. As you can see, individual returns are exceptional with Metabolix (MBLX) yet to catch up.
Check out our list below to see if there are any trends. Use it to jumpstart your own research!
1. AOL, Inc. (AOL): Operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. Market cap at $2.87B. EPS growth quarter over quarter is 75.24% and sales growth quarter over quarter is 3.94%.
2. HollyFrontier Corporation (HFC): Operates as an independent petroleum refiner and marketer in the United States. Market cap at $11.03B. EPS growth quarter over quarter is 18.22% and sales growth quarter over quarter is 0.61%.
3. Tesoro Corporation (TSO): Engages in refining and marketing petroleum products in the United States. Market cap at $7.62B. EPS growth quarter over quarter is 121.35% and sales growth quarter over quarter is 7.26%.
4. Columbus McKinnon Corporation (CMCO): Designs, manufactures, and markets material handling products and services for commercial and industrial end-user markets in the United States, Europe, and Canada. Market cap at $383.76M. EPS growth quarter over quarter is 11.30% and sales growth quarter over quarter is 7.34%.
5. Pike Electric Corporation (PIKE): Pike Electric Corporation and its subsidiaries provide energy solutions for utilities, municipalities, and co-operatives in the United States. Market cap at $483.73M. EPS growth quarter over quarter is 378.59% and sales growth quarter over quarter is 59.08%.
6. Activision Blizzard, Inc. (ATVI): Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile games of interactive entertainment worldwide. Market cap at $15.78B. EPS growth quarter over quarter is 267.85% and sales growth quarter over quarter is 25.66%.
7. NetSol Technologies, Inc. (NTWK): Market cap at $88.37M. EPS growth quarter over quarter is 146.84% and sales growth quarter over quarter is 77.76%.
8. Multimedia Games Inc. (MGAM): Engages in the development and supply of comprehensive systems, content, electronic games, and player terminals for the casino, charity, international bingo, and video lottery markets in the United States and Internationally. Market cap at $511.4M. EPS growth quarter over quarter is 15.20% and sales growth quarter over quarter is 27.32%.
9. Metabolix, Inc. (MBLX): Develops and commercializes alternatives to petrochemical-based plastics, chemicals, and energy. Market cap at $79.6M. EPS growth quarter over quarter is 19.37% and sales growth quarter over quarter is 43.71%.
10. Advanced Energy Industries, Inc. (AEIS): Designs, manufactures, sells, and supports industrial power conversion products that transform power into various usable forms. Market cap at $669.34M. EPS growth quarter over quarter is 312.14% and sales growth quarter over quarter is 0.42%.
11. Lannett Company, Inc. (LCI): Develops, manufactures, packages, markets, and distributes generic pharmaceutical products sold under generic chemical names in the United States. Market cap at $224.28M. EPS growth quarter over quarter is 1333.47% and sales growth quarter over quarter is 22.22%.
By Freda Ding of Kapitall.com
