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Do you like to invest with a stock's trading momentum? For a look at stocks with strong upward momentum, we ran a screen you may be interested in.

We began by screening for stocks trading under $5 a share that have outperformed the market over the last quarter, with quarterly performance above 10%.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall. More investing ideas on Kapitall Wire.

Do you think these stocks will continue to beat the market? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. Odyssey Marine Exploration Inc. (OMEX): Engages in the exploration and recovery of deep-ocean shipwrecks worldwide. Market cap at $275.34M, most recent closing price at $3.70. Performance over the last quarter at 28.33%. Revenue grew by 38.76% during the most recent quarter ($2.9M vs. $2.09M y/y). Accounts receivable grew by -42.15% during the same time period ($1.51M vs. $2.61M y/y). Receivables, as a percentage of current assets, decreased from 25.44% to 17.6% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

2. 1-800-Flowers.com Inc. (FLWS): Operates as a gift retailer in the United States. Market cap at $227.41M, most recent closing price at $3.49. Performance over the last quarter at 17.00%. Revenue grew by 13.11% during the most recent quarter ($179.66M vs. $158.84M y/y). Accounts receivable grew by 5.66% during the same time period ($21.48M vs. $20.33M y/y). Receivables, as a percentage of current assets, decreased from 19.5% to 18.% during the most recent quarter (comparing 3 months ending 2012-04-01 to 3 months ending 2011-03-27).

3. NeoPhotonics Corporation (NPTN): Engages in the design and manufacture of photonic integrated circuit (PIC) based modules and subsystems for bandwidth-intensive, high-speed communications networks. Market cap at $148.06M, most recent closing price at $4.99. Performance over the last quarter at 10.22%. Revenue grew by 8.4% during the most recent quarter ($54.22M vs. $50.02M y/y). Accounts receivable grew by -8.34% during the same time period ($59.66M vs. $65.09M y/y). Receivables, as a percentage of current assets, decreased from 34.28% to 30.98% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

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

Source: 3 Outperforming Stocks Under $5 With Strong Receivable Trends