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Next week is the kick-off to Q3 earnings season – are your watchlists prepared? To help with that, we ran a screen on stocks releasing their Q3 earnings next week for those that have seen 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.



Do you think these companies will surprise the market? Use this list as a starting-off point for your own analysis.

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

1. Mistras Group, Inc. (NYSE:MG): Provides technology-enabled asset protection solutions to evaluate the structural integrity of critical energy, industrial, and public infrastructure worldwide. Market cap of $498.24M. Earnings to be released on 10/10. Net institutional shares purchased over the current quarter at 3.7M, which is 29.07% of the company's 12.73M share float. The stock has gained 58.73% over the last year.

2. CVD Equipment Corp. (NASDAQ:CVV):
Designs, develops, and manufactures equipment and process solutions used to develop and manufacture advanced solar, nano electronic components, materials, and coatings for research and industrial applications in the United States and internationally. Market cap of $73.11M. Earnings to be released on 10/10. Net institutional shares purchased over the current quarter at 899.5K, which is 23.18% of the company's 3.88M share float. It's been a rough couple of days for the stock, losing 6.84% over the last week.

3. Synergetics USA, Inc. (NASDAQ:SURG):
Engages in the design, manufacture, and marketing of microsurgical instruments and consumables primarily for ophthalmology and neurosurgery markets in the United States and internationally. Market cap of $130.84M. Earnings to be released on 10/11. Net institutional shares purchased over the current quarter at 2.5M, which is 11.72% of the company's 21.34M share float. The stock has gained 85.82% over the last year.

4. KMG Chemicals Inc. (KMGB):
Engages in the manufacture and sale of specialty chemicals principally in the United States and internationally. Market cap of $135.95M. Earnings to be released on 10/13. Net institutional shares purchased over the current quarter at 637.4K, which is 10.02% of the company's 6.36M share float. The stock has performed poorly over the last month, losing 16.07%.

5. Ampio Pharmaceuticals, Inc. (NYSEMKT:AMPE):
Develops drugs for metabolic, eye, kidney, inflammation, and central nervous system diseases. Market cap of $170.02M. Earnings to be released on 10/12. Net institutional shares purchased over the current quarter at 1.1M, which is 6.56% of the company's 16.78M share float. The stock is a short squeeze candidate, with a short float at 7.66% (equivalent to 13.77 days of average volume). It's been a rough couple of days for the stock, losing 25.53% over the last week.

6. Chase Corp. (NYSEMKT:CCF):
Engages in the manufacture and sale of specialty tapes, laminates, sealants, and coatings for various applications worldwide. Market cap of $89.96M. Earnings to be released on 10/13. Net institutional shares purchased over the current quarter at 365.0K, which is 5.69% of the company's 6.41M share float. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 3.49%, current ratio at 2.64, and quick ratio at 1.64. The stock is currently stuck in a downtrend, trading 8.19% below its SMA20, 17.83% below its SMA50, and 34.08% below its SMA200. It's been a rough couple of days for the stock, losing 13.3% over the last week.

7. Weis Markets, Inc. (NYSE:WMK):
Engages in the retail sale of food in Pennsylvania and surrounding states. Market cap of $993.42M. Earnings to be released on 10/10. Net institutional shares purchased over the current quarter at 605.8K, which is 5.50% of the company's 11.01M share float. The stock is a short squeeze candidate, with a short float at 6.55% (equivalent to 17.34 days of average volume). The stock has lost 0.62% over the last year.

8. Mission West Properties Inc. (NASDAQ:MSW):
Engages in the acquisition, marketing, leasing, and management of research and development properties, primarily in the Silicon Valley portion of the San Francisco Bay Area. Market cap of $158.06M. Earnings to be released on 10/13. Net institutional shares purchased over the current quarter at 855.4K, which is 4.50% of the company's 18.99M share float. It's been a rough couple of days for the stock, losing 8.74% over the last week.

9. MEDTOX Scientific Inc. (NASDAQ:MTOX):
Provides forensic and clinical laboratory services, and offers diagnostic devices. Market cap of $111.41M. Earnings to be released on 10/13. Net institutional shares purchased over the current quarter at 273.9K, which is 3.70% of the company's 7.40M share float. The stock is currently stuck in a downtrend, trading 5.78% below its SMA20, 10% below its SMA50, and 17.73% below its SMA200. The stock has gained 9.56% over the last year.

10. WD-40 Company (NASDAQ:WDFC):
Engages in the production and sale of consumer products. Market cap of $636.90M. Earnings to be released on 10/11. Net institutional shares purchased over the current quarter at 530.1K, which is 3.40% of the company's 15.61M share float. The stock has gained 5.14% 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.

Source: 10 Smart Money Picks Releasing Earnings Next Week