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