8 Rallying, High Growth Stocks Being Bought Up By The Smart Money

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 |  Includes: CALP, CHSI, FNDT, GCOM, HCCI, HSTM, HTWR, LQDT
by: Kapitall

If you like to follow the buying trends of the “smart money,” such as hedge fund managers and mutual fund managers, you may be very interested in this list.

We ran a screen on high growth stocks, with 5-year projected EPS growth above 20%. We screened these stocks for those rallying above their 20-day, 50-day, and 200-day moving averages. Finally, we screened for stocks also seeing significant net institutional purchases over the current quarter.

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 institutional investors on these names? Use this list as a starting-off point for your own analysis.

List sorted by net institutional purchases as a percent of share float.

1. Healthstream Inc. (NASDAQ:HSTM): Provides Internet-based learning and research solutions in the United States. Market cap of $283.80M. Estimated EPS growth over the next 5 years at 23.0%. The stock is currently trading at 1.48% above its 20-Day SMA, 0.59% above its 50-Day SMA, and 22.04% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 2.3M, which is 14.95% of the company's 15.38M share float. The stock has had a couple of great days, gaining 10.79% over the last week.

2. Fundtech Ltd. (NASDAQ:FNDT): Provides end-to-end financial transaction processing software solutions for financial institutions in Israel and internationally. Market cap of $359.82M. Estimated EPS growth over the next 5 years at 22.50%. The stock is currently trading at 12.33% above its 20-Day SMA, 24.31% above its 50-Day SMA, and 27.27% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 705.0K, which is 13.18% of the company's 5.35M share float. The stock has had a good month, gaining 35.21%.

3. Catalyst Health Solutions, Inc. (NASDAQ:CHSI): Operates as a pharmacy benefit management company in the United States. Market cap of $2.88B. Estimated EPS growth over the next 5 years at 21.80%. The stock is currently trading at 2.35% above its 20-Day SMA, 2.83% above its 50-Day SMA, and 7.52% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 5.1M, which is 10.83% of the company's 47.07M share float. The stock has gained 60.25% over the last year.

4. Liquidity Services, Inc. (NASDAQ:LQDT): Operates an online auction marketplace for wholesale, surplus, and salvage assets primarily in the U. Market cap of $907.58M. Estimated EPS growth over the next 5 years at 26.75%. The stock is currently trading at 1.23% above its 20-Day SMA, 17.59% above its 50-Day SMA, and 55.47% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 2.0M, which is 10.08% of the company's 19.84M share float. The stock has had a couple of great days, gaining 8.23% over the last week.

5. Heartware International Inc. (NASDAQ:HTWR): Develops and manufactures small implantable heart pumps or ventricular assist devices for the treatment of advanced heart failure. Market cap of $897.23M. Estimated EPS growth over the next 5 years at 64.50%. The stock is currently trading at 13.10% above its 20-Day SMA, 11.81% above its 50-Day SMA, and 11.81% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 615.7K, which is 6.41% of the company's 9.61M share float. The stock is a short squeeze candidate, with a short float at 12.94% (equivalent to 10.19 days of average volume). The stock has gained 0% over the last year.

6. Caliper Life Sciences, Inc. (NASDAQ:CALP): Develops and sells life sciences products and services primarily to pharmaceutical, biotechnology, and diagnostics companies, and government and other not-for-profit research institutions in the United States, Europe, and Asia. Market cap of $570.82M. Estimated EPS growth over the next 5 years at 22.0%. The stock is currently trading at 4.85% above its 20-Day SMA, 23.88% above its 50-Day SMA, and 43.36% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 2.4M, which is 5.55% of the company's 43.23M share float. The stock has had a good month, gaining 39.23%.

7. Heritage-Crystal Clean, Inc (NASDAQ:HCCI): Provides industrial and hazardous waste services to small and mid-sized customers in the United States. Market cap of $260.23M. Estimated EPS growth over the next 5 years at 25.0%. The stock is currently trading at 2.70% above its 20-Day SMA, 3.27% above its 50-Day SMA, and 18.89% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 363.9K, which is 3.93% of the company's 9.27M share float. The stock has gained 89.36% over the last year.

8. Globecomm Systems Inc. (NASDAQ:GCOM): Provides satellite-based communications infrastructure solutions and services. Market cap of $309.65M. Estimated EPS growth over the next 5 years at 21.0%. The stock is currently trading at 0.91% above its 20-Day SMA, 2.08% above its 50-Day SMA, and 6.83% above its 200-Day SMA. Net institutional shares purchased over the current quarter at 695.1K, which is 3.38% of the company's 20.59M share float. The stock has gained 60.07% over the last year.

* Institutional data sourced from Fidelity, all other 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.