Two High-Growth Stocks Seeing Institutional Buying Near Lows

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 |  Includes: PETS, SAFM
by: Kapitall

The following list might offer an interesting starting point to growth investors. To arrive at these ideas, we ran a screen of high growth stocks stocks trading near 52-week lows--companies with five-year past and projected EPS growth rates above 10%, as well as five-year sales growth above 10%. (Access the entire screen here).

We then refined the screen to identify companies that have seen institutional buying over the last three months.

The smart money seems to think most of the bad news is already priced in to these names. What do you think? Full details below.

Institutional data sourced from Reuters, short float and performance data sourced from Finviz.

Interactive Chart: Compare the performance of SAFM and PETS.


The list has been sorted by the change in institutional ownership over the last three months.

1. Sanderson Farms, Inc. (NASDAQ:SAFM):
Meat Products Industry. Market cap of $907.71M.

Pricing: The stock is 7.47% above its 52-week low.

Growth: EPS growth over the past five years at 11.58%. Projected EPS growth over the next five years at 12.00%. Sales growth over the past five years at 12.82%.

Institutional Transactions: Institutional investors currently own 21,043,561 shares vs. 20,619,669 shares held three months ago (2.06% change).

Other Sentiment Data: Short float at 11.46%, which implies a short ratio of 6.32 days. The stock has lost -9.67% over the last year.

2. PetMed Express Inc. (NASDAQ:PETS):
Drug Delivery Industry. Market cap of $343.75M.

Pricing: The stock is 3.93% above its 52-week low.

Growth: EPS growth over the past five years at 27.74%. Projected EPS growth over the next five years at 14.67%. Sales growth over the past five years at 17.07%.

Institutional Transactions: Institutional investors currently own 24,815,669 shares vs. 24,643,571 shares held three months ago (0.70% change).

Other Sentiment Data: Short float at 31.26%, which implies a short ratio of 28.61 days. The stock has lost -17.68% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.