Two Nasdaq Stocks With Consistent Price Momentum

Includes: EBMT, LHCG, PRIM
by: Jim Van Meerten

When I call your attention to hot stocks I mean stocks with positive and consistent price momentum. Each morning I go to the Barchart list of new high/lows, then sort for frequency. Here are three interesting NASDAQ stocks you might want to add to your watch lists:

LHC Group (NASDAQ:LHCG) - Provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the southern United States. The company provides home-based services through its home nursing agencies and hospices and facility-based services through its long-term acute care hospitals and outpatient rehabilitation clinics.

  • 96% Barchart technical buy signal
  • 20 new highs and up 27.41% in the last month
  • Relative Strength Index 76.97% and rising
  • Trades around 31.52 well above its 50 day moving average of 27.13
Eagle Bancorp Montana (NASDAQ:EBMT) - Operates as a holding company for American Federal Savings Bank that provides retail banking services in the south central portion of Montana. The company offers various deposit and loan products and services. The Bank is a federally chartered savings bank, engaging in typical banking activities: Acquiring deposits from local markets and investing in loans and investment securities. Eagle Bancorp also offers real estate construction loans, consumer loans comprising auto loans, RV loans, boat loans, personal loans and credit lines, and deposit account loans, and commercial loans. Headquartered in Helena, Montana, the company's mission is to efficiently increase value for its customers, shareholders, employees and communities.
  • 96% Barchart technical buy signal
  • 18 new highs and up 9.93% in the last month
  • Relative Strength Index 79.30% and rising
  • Trades around 10.85 well above its 50 day moving average of 10.30

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in LHCG, PRIM over the next 72 hours.