If you are looking for interesting momentum ideas, this list may offer an interesting starting point.
All the stocks in this list are U.S. based - with market caps above $300M - and they are trading above their respective 20-, 50-, and 200-day moving averages. Additionally, all these names are trading at below industry benchmarks according to the following valuation metrics:
- Trailing twelve months, price to earnings ratio (TTM P/E)
- Price to earnings to growth ratio (PEG)
- Price to cash flow (Price/Cash flow)
click to enlarge images
Considering the bullish momentum trends and the current valuations, which of these stocks are you most bullish about?
1. Community Bank System Inc. (CBU): Regional Bank. Market cap of $836.17M. This stock is trading 2.82% above its 20-day MA, 2.76% above its 50-day MA, 3.1% above its 200-day MA. TTM P/E at 12.9 vs. industry average at 13.57. PEG at 1.3 vs. industry average at 1.45. Price/Cash flow at 10.68 vs. industry average at 12.02. The stock is a short squeeze candidate, with a short float at 11.18% (equivalent to 23.27 days of average volume). The stock has gained 5.61% over the last year.
2. Community Trust Bancorp Inc. (CTBI): Regional Bank. Market cap of $435.54M. This stock is trading 2.1% above its 20-day MA, 1.17% above its 50-day MA, 3.29% above its 200-day MA. TTM P/E at 12.2 vs. industry average at 13.57. PEG at 1.22 vs. industry average at 1.46. Price/Cash flow at 11.16 vs. industry average at 12.02. Relatively low correlation to the market (beta = 0.58), which may be appealing to risk averse investors. The stock has lost 1.43% over the last year.
3. Eastman Chemical Co. (EMN): Chemicals Industry. Market cap of $7.62B. This stock is trading 7.63% above its 20-day MA, 11.12% above its 50-day MA, 33.0% above its 200-day MA. TTM P/E at 15.45 vs. industry average at 17.98. PEG at 1.82 vs. industry average at 4.05. Price/Cash flow at 9.77 vs. industry average at 12.72. Exhibiting strong upside momentum--currently trading 7.63% above its SMA20, 11.12% above its SMA50, and 33.% above its SMA200. The stock has had a couple of great days, gaining 6.44% over the last week.
4. Greatbatch, Inc. (GB): Medical Appliances & Equipment Industry. Market cap of $630.73M. This stock is trading 4.44% above its 20-day MA, 6.7% above its 50-day MA, 14.71% above its 200-day MA. TTM P/E at 16.11 vs. industry average at 22.23. PEG at 1.26 vs. industry average at 1.81. Price/Cash flow at 8.48 vs. industry average at 12.76. Relatively low correlation to the market (beta = 0.49), which may be appealing to risk averse investors. The stock is a short squeeze candidate, with a short float at 9.15% (equivalent to 17.39 days of average volume). The stock has gained 21.17% over the last year.
5. Triple-S Management Corporation (GTS): Accident & Health Insurance Industry. Market cap of $601.61M. This stock is trading 3.39% above its 20-day MA, 4.57% above its 50-day MA, 11.35% above its 200-day MA. TTM P/E at 9.18 vs. industry average at 17.11. PEG at 0.92 vs. industry average at 1.19. Price/Cash flow at 7.4 vs. industry average at 11.44. The stock has gained 15.05% over the last year.
6. Hill-Rom Holdings, Inc. (HRC): Medical Instruments & Supplies Industry. Market cap of $2.84B. This stock is trading 12.76% above its 20-day MA, 16.86% above its 50-day MA, 20.32% above its 200-day MA. TTM P/E at 19.24 vs. industry average at 21.67. PEG at 1.6 vs. industry average at 1.77. Price/Cash flow at 11.29 vs. industry average at 12.55. The stock has had a couple of great days, gaining 8.82% over the last week.
7. HealthSpring Inc. (HS): Health Care Plans Industry. Market cap of $2.37B. This stock is trading 6.31% above its 20-day MA, 9.65% above its 50-day MA, 45.34% above its 200-day MA. TTM P/E at 11.65 vs. industry average at 17.11. PEG at 1.09 vs. industry average at 1.19. Price/Cash flow at 9.75 vs. industry average at 11.44. The stock has had a good month, gaining 11.44%.
8. Intel Corporation (INTC): Semiconductor Industry. Market cap of $124.67B. This stock is trading 12.85% above its 20-day MA, 11.48% above its 50-day MA, 14.01% above its 200-day MA. TTM P/E at 10.62 vs. industry average at 20.11. PEG at 0.9 vs. industry average at 1.23. Price/Cash flow at 7.49 vs. industry average at 12.92. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 3.13%, current ratio at 1.97, and quick ratio at 1.62.
9. NuVasive, Inc. (NUVA): Medical Instruments & Supplies Industry. Market cap of $1.22B. This stock is trading 14.69% above its 20-day MA, 15.34% above its 50-day MA, 7.28% above its 200-day MA. TTM P/E at 17.16 vs. industry average at 22.23. PEG at 0.79 vs. industry average at 1.81. Price/Cash flow at 10.57 vs. industry average at 12.76. The stock is a short squeeze candidate, with a short float at 17.6% (equivalent to 11.22 days of average volume). The stock has had a couple of great days, gaining 11.% over the last week.
10. Oracle Corp. (ORCL): Application Software Industry. Market cap of $181.98B. This stock is trading 5.56% above its 20-day MA, 9.31% above its 50-day MA, 23.51% above its 200-day MA. TTM P/E at 23.81 vs. industry average at 36.72. PEG at 1.57 vs. industry average at 1.84. Price/Cash flow at 17.23 vs. industry average at 24.21. The stock has gained 40.03% over the last year.
11. Sonic Corp. (SONC): Restaurants Industry. Market cap of $693.40M. This stock is trading 21.9% above its 20-day MA, 23.65% above its 50-day MA, 23.47% above its 200-day MA. TTM P/E at 24.93 vs. industry average at 29.86. PEG at 1.65 vs. industry average at 2.27. Price/Cash flow at 10 vs. industry average at 15.85. The stock is a short squeeze candidate, with a short float at 7.33% (equivalent to 5.75 days of average volume).
12. TriMas Corporation (TRS): Industrial Equipment & Components Industry. Market cap of $795.17M. This stock is trading 5.49% above its 20-day MA, 11.66% above its 50-day MA, 30.08% above its 200-day MA. TTM P/E at 19.02 vs. industry average at 21.61. PEG at 0.76 vs. industry average at 1.48. Price/Cash flow at 9.93 vs. industry average at 12.96. This is a risky stock that is significantly more volatile than the overall market (beta = 2.55).
13. Unitedhealth Group, Inc. (UNH): Health Care Plans Industry. Market cap of $53.03B. This stock is trading 8.14% above its 20-day MA, 11.48% above its 50-day MA, 30.41% above its 200-day MA. TTM P/E at 11.48 vs. industry average at 17.11. PEG at 0.98 vs. industry average at 1.24. Price/Cash flow at 9.19 vs. industry average at 11.44. Exhibiting strong upside momentum--currently trading 8.14% above its SMA20, 11.48% above its SMA50, and 30.41% above its SMA200. The stock has gained 64.7% over the last year.
*Price multiples sourced from Fidelity, other relevant data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
