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My 3 growth stock picks of the week

Feb. 26, 2011 11:33 AM ETT, PXD
Jim Van Meerten profile picture
Jim Van Meerten's Blog
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My definition of growth stocks may be different from yours. I look for 4 things: increasing sales, increasing earnings, increasing prices and a volume that allows me to get in and out quite easily. This morning I used Barchart to screen 6000 stocks and came up with these 3 gems,

DIRECTV (DTV) is a provider of digital multichannel television entertainment in the United States and Latin America. The Company operates in two direct-to-home (DTH) segments, DIRECTV U.S. and DIRECTV Latin America, which are differentiated by their geographic location. These are engaged in acquiring, promoting, selling and/or distributing digital entertainment programming via satellite to residential and commercial subscribers. In addition, the Company owns and operates regional sports networks, or RSNs, and owns interest in Game Show Network, LLC, or GSN, a basic television network dedicated to game-related programming and Internet interactive game playing. DIRECTV offers its customers HD channels and Dolby-Digital' 5.1 theater-quality sound (when available), access to exclusive sports programming such as NFL SUNDAY TICKET, and many more. The Company is based in El Segundo, California.
Technical factors:
  • 100% Barchart technical buy signal
  • Trend Spotter (tm) buy signal
  • 10 new highs and up 7.35% in the last month
  • Relative Strength Index 81.30%
  • Trades around 46.03 with a 50 day moving average of 42.13
  • Daily volume for last 50 days -- 6.4 million per day
Fundamental Factors:
  • Wall Street brokerages have published 14 buy and 7 hold recommendations
  • Sales are expected to increase by 8.90% this year and 8.20% next year
  • Earning are projected to increase by 23.80% this year, 29.60% next year and 28.74% annually for the next 5 years
Investor Sentiment
  • CAPS members on Motley Foll vote 611 to 68 that the stock will beat the market
  • All Stars are in agreement by a vote of 164 to 11
  • Fool notes that 24 of the last 26 articles by Wall Street columnists have been positive
CHICO'S FAS, INC. (CHS) is a specialty retailer of exclusively designed, private label casual clothing and related accessories. Each store offers collections of color coordinated tops, pants, shorts, skirts, jumpsuits, dresses, vests, jackets, outerwear, socks and accessories, including leather and fabric belts, scarves, earrings, necklaces and bracelets.
Technical Factors:
  • 100% Barchart technical buy signal
  • Trend Spotter (tm) buy signal
  • 10 new highs and up 27.11% in the last month
  • Relative Strength Index is 75.86% and rising
  • Trades around 13.83 with a 50 day moving average of 11.38
  • Daily volume of the last 50 days -- 3.5 million per day
Fundamental Factors:
  • Wall Street brokerage analysts have 10 buy and 9 hold recommendations for their brokers to push
  • Sales are projected to increase by 11.90% this year and 8.40% next year
  • Earnings are estimated to increase by 27.70% this year, 18.10% next year and 16.44% annually for the next 5 years
Investor Sentiment:
  • On Motley Fool the CAPS members vote 740 to 108 that the stock will our perform the market
  • In agreement are the All Stars with a vote of 196 to 18
  • According to Fool 14 of the last 19 articles by Wall Street columnists have been positive
Pioneer Natural Resources (PXD) is an oil and gas exploration and production company with ownership interests in oil and gas properties located in the United States, Argentina, Canada, South Africa and Gabon. The company provides administrative, financial and management support to United States and foreign subsidiaries that explore for, develop and produce oil, natural gas liquid and natural gas reserves.
Technical Factors:
  • 100% Barchart technical buy signal
  • Trend spotter (tm) buy signal
  • 7 new highs and up 16.29% last month
  • Relative Strength Index 71.54% and climbing
  • Trades around 102.86 with a 50 day moving average of 91.98
  • Daily volume for the last 50 days -- 1.2 million per day
Fundamental Factors:
  • Wall Street brokerage analysts have published 16 buy and 11 hold recommendations for their firms clients
  • Sales are projected to increase by 35.20% this year and 25.20% next year
  • Earnings are expected to soar by 72.90% this year, 49.30% next year and 8.50% for the next 5 years
Investor Sentiment:
  • CAPS members on Motley Fool vote 264 to 22 that the stock will beat the market
  • All Stars are in agreement with a 98 to 5 vote
  • All 14 of the past articles on this stock by Wall Street columnists have been positive
If you don't buy these 3 stocks at least put them on your watch lists

Jim Van Meerten is an analyst for Marketocracy Capital Management. He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com in his daily blog -- Barchart Portfolio Blogs.



Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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