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Do you consider company sales trends when choosing among stocks? For ideas on how to evaluate a company's sales, we ran a screen.

We began by screening the utilities sector for stocks rallying above their 20-day, 50-day, and 200-day moving averages, indicating these stocks have strong upward momentum.

We then screened for those stocks with strong sales trends, with faster growth in revenue than inventory year-over-year. Since inventory represents the portion of goods not yet sold, faster growth in revenue than inventory is considered a good sign.

To screen for healthy liquidity, we also only focused on those companies with inventory declining as a percent of current assets.

Interactive Chart: Press Play to compare changes in market cap 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 have strong sales trends? Use this list as a starting point for your own analysis.

List sorted by difference between growth in revenue and inventory over the last year.

1. ONEOK Inc. (NYSE:OKE): Operates as a natural gas distributor primarily in the United States. Market cap at $8.54B, most recent closing price at $82.18. The stock is currently rallying 1.43% above its 20-day moving average, 0.33% above its 50-day MA, and 7.38% above its 200-day MA. Revenue grew by 24.12% during the most recent quarter ($4,071.04M vs. $3,280.05M y/y). Inventory grew by -22.21% during the same time period ($549.91M vs. $706.91M y/y). Inventory, as a percentage of current assets, decreased from 29.71% to 23.72% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

2. OGE Energy Corp. (NYSE:OGE): Operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. Market cap at $4.79B, most recent closing price at $52.18. The stock is currently rallying 0.86% above its 20-day moving average, 0.93% above its 50-day MA, and 3.97% above its 200-day MA. Revenue grew by 6.84% during the most recent quarter ($885.2M vs. $828.5M y/y). Inventory grew by -22.39% during the same time period ($187.9M vs. $242.1M y/y). Inventory, as a percentage of current assets, decreased from 38.3% to 28.79% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

3. TransCanada Corp. (NYSE:TRP): Operates as an energy infrastructure company in North America. Market cap at $30.79B, most recent closing price at $43.72. The stock is currently rallying 2.15% above its 20-day moving average, 2.78% above its 50-day MA, and 6.91% above its 200-day MA. Revenue grew by 14.73% during the most recent quarter ($2,360M vs. $2,057M y/y). Inventory grew by -2.12% during the same time period ($416M vs. $425M y/y). Inventory, as a percentage of current assets, decreased from 12.76% to 11.43% during the most recent quarter (comparing 3 months ending 2011-12-31 to 3 months ending 2010-12-31).

*Accounting data sourced from Google Finance, all other data sourced from Finviz.

Source: 3 Rallying Utilities Stocks With Positive Inventory Trends