8 Momentum and Earnings Growers

by: Scott's Investments

Below are the results of a custom screen which looks for a) earnings growers still reasonably priced as judged by the PEG ratio, b) low debt, c) a history of high return on equity and investment, and d) price momentum as gauge
d by the percentage the stock is trading to its 250 day high.

The list is not a blanket 'buy' list, however my objective is to combine three of my favorite criteria used on Scott's Investments (PEG, strong balance sheets, price momentum) into one screen. The stocks on the list could present either a trading opportunity for momentum investors or swing traders, or a list for further research for longer term growth-at-a-reasonable price investors.

In either case, a stop loss is one of the simplest methods to protect your capital. For true momentum investors, I have put the symbols in bold/italics that score at least 80 (out of 100) using MarketClub's proprietary trend scoring system. I will keep an eye on the list and update you in 2-4 weeks to see how each one performs.

The results of the screen are below:

Ticker Name Current Trend Score Last MktCap
CNU Continucare Corporation Trend 5.02 298.7
EZPW EZCORP, Inc. Trend 17.64 859.3
LHCG LHC Group, Inc. Trend 32.25 594.92
DECK Deckers Outdoor Corporation Trend 102.1 1311.96
AZO AutoZone, Inc. Trend 158.34 7837.24
INTC Intel Corporation Trend 20 110440
PTI-OLD Patni Computer Systems Limite Trend 20.26 1299.87
PMTC Parametric Technology Trend 15.73 1854.3

Disclosure: Author has no positions.