Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

Two very helpful stock sentiment indicators are the put/call ratio and number of shares shorted. When either the put/call ratio or number of shares shorted has decreased, it is a sign that investors have become more bullish on that stock.

We ran a screen on high-growth stocks, with 5-year projected EPS growth above 20%. We screened these stocks for those seeing a significant decrease in put/call over the last two weeks and a significant decrease in shares shorted month-over-month.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.


(Click to enlarge)

Do you agree with the bullish sentiment surrounding these stocks? Use this list as a starting-off point for your own analysis.

List sorted by decrease in put/call ratio.

1. Yandex N. V. (NASDAQ:YNDX): Internet Information Providers Industry. Market cap of $9.61B. Projected 5-year EPS growth at 33.92%. Shares shorted have decreased from 2.90M to 1.21M month-over-month, a change representing 3.30% of the company's 51.25M share float. Put/call has fallen 54.72% over the last ten trading days (from 1.06 to 0.48). It's been a rough couple of days for the stock, losing 8.35% over the last week.

2. Asbury Automotive Group, Inc. (NYSE:ABG): Auto Dealerships Industry. Market cap of $616.99M. Projected 5-year EPS growth at 25.0%. Shares shorted have decreased from 4.94M to 4.58M month-over-month, a change representing 1.87% of the company's 19.23M share float. Put/call has fallen 46.88% over the last ten trading days (from 0.32 to 0.17). This is a risky stock that is significantly more volatile than the overall market (beta = 2.8). The stock is a short squeeze candidate, with a short float at 14.49% (equivalent to 10.64 days of average volume). It's been a rough couple of days for the stock, losing 8.4% over the last week.

3. Western Refining Inc. (NYSE:WNR): Oil & Gas Refining & Marketing Industry. Market cap of $1.32B. Projected 5-year EPS growth at 50.0%. Shares shorted have decreased from 20.58M to 18.33M month-over-month, a change representing 4.14% of the company's 54.38M share float. Put/call has fallen 43.31% over the last ten trading days (from 1.57 to 0.89). It's been a rough couple of days for the stock, losing 27.54% over the last week.

4. United Therapeutics Corp. (NASDAQ:UTHR): Drug Manufacturers Industry. Market cap of $2.97B. Projected 5-year EPS growth at 59.56%. Shares shorted have decreased from 6.05M to 5.32M month-over-month, a change representing 1.39% of the company's 52.42M share float. Put/call has fallen 40.13% over the last ten trading days (from 1.57 to 0.94). It's been a rough couple of days for the stock, losing 8.05% over the last week.

5. STEC, Inc. (NASDAQ:STEC): Data Storage Devices Industry. Market cap of $498.04M. Projected 5-year EPS growth at 30.60%. Shares shorted have decreased from 11.93M to 11.24M month-over-month, a change representing 1.59% of the company's 43.38M share float. Put/call has fallen 23.08% over the last ten trading days (from 0.52 to 0.4). The stock has performed poorly over the last month, losing 45.23%.

6. VMware, Inc. (NYSE:VMW): Technical & System Software Industry. Market cap of $37.23B. Projected 5-year EPS growth at 24.80%. Shares shorted have decreased from 4.15M to 3.13M month-over-month, a change representing 1.26% of the company's 80.78M share float. Put/call has fallen 22.43% over the last ten trading days (from 1.07 to 0.83). It's been a rough couple of days for the stock, losing 7.26% over the last week.

7. F5 Networks, Inc. (NASDAQ:FFIV): Application Software Industry. Market cap of $6.21B. Projected 5-year EPS growth at 23.04%. Shares shorted have decreased from 3.88M to 2.91M month-over-month, a change representing 1.21% of the company's 80.22M share float. Put/call has fallen 16.35% over the last ten trading days (from 1.04 to 0.87). It's been a rough couple of days for the stock, losing 15.16% over the last week.

8. SuccessFactors, Inc. (NYSE:SFSF): Business Software & Services Industry. Market cap of $1.97B. Projected 5-year EPS growth at 27.50%. Shares shorted have decreased from 11.35M to 10.29M month-over-month, a change representing 1.35% of the company's 78.30M share float. Put/call has fallen 11.94% over the last ten trading days (from 0.67 to 0.59). The stock is a short squeeze candidate, with a short float at 13.26% (equivalent to 5.43 days of average volume). The stock has performed poorly over the last month, losing 16.77%.

9. Calgon Carbon Corporation (NYSE:CCC): Pollution & Treatment Controls Industry. Market cap of $861.73M. Projected 5-year EPS growth at 25.0%. Shares shorted have decreased from 4.75M to 4.01M month-over-month, a change representing 1.34% of the company's 55.18M share float. Put/call has fallen 11.22% over the last ten trading days (from 0.98 to 0.87). The stock is a short squeeze candidate, with a short float at 7.21% (equivalent to 6.97 days of average volume). The stock has gained 23.26% over the last year.

10. SodaStream International Ltd. (NASDAQ:SODA): Packaging & Containers Industry. Market cap of $1.36B. Projected 5-year EPS growth at 33.33%. Shares shorted have decreased from 5.18M to 4.78M month-over-month, a change representing 2.91% of the company's 13.75M share float. Put/call has fallen 10.13% over the last ten trading days (from 0.79 to 0.71). It's been a rough couple of days for the stock, losing 10.01% over the last week.

*Options data sourced from Schaeffer’s, short data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 10 High Growth Stocks With Bullish Options Sentiment and Short Trends