If you're looking to add some growth to your portfolio, here are some ideas on how to start your stock search.
We ran a screen on the tech sector for small-cap stocks (with market caps below $1 billion). We screened these names for those with high growth, with 5-year projected EPS growth above 20%. We then screened for those with the highest net insider buying over the last six months, indicating these company insiders believe their employers will outperform.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the 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 grow as fast as analysts expect? Use this list as a starting point for your own analysis.
1. CIBER, Inc. (CBR): Operates as an information technology consulting, services, and outsourcing company worldwide. Market cap at 307.15M. 5-year projected EPS growth at 27.00%. Over the last six months, insiders were net buyers of 50,000 shares, which represents about 0.08% of the company's 64.82M share float.
2. 8x8 Inc. (EGHT): Develops and markets telecommunications services for Internet protocol, telephony, and video applications, as well as provides Web-based conferencing and unified communications services. Market cap at 316.41M. 5-year projected EPS growth at 26.25%. Over the last six months, insiders were net buyers of 12,395 shares, which represents about 0.02% of the company's 56.23M share float.
3. Demand Media, Inc. (DMD): Operates as a content and social media company in the United States. Market cap at 498.01M. 5-year projected EPS growth at 20.70%. Over the last six months, insiders were net buyers of 14,614 shares, which represents about 0.05% of the company's 30.71M share float.
*Insider data sourced from Yahoo! Finance, 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.
