Below is a list of 10 small cap value earnings surprise stocks for the next 30 days. Last month's portfolio can be seen here. The Mid-April to Mid-May portfolio returned -6.64% versus -5.77% for SPY while the Mid-May to Mid-June returned .14% versus -1.93% on SPY and -4.48% on VBR, a small-cap value ETF. Returns exclude dividends, slippage, and commission.
My screen looks for a low PEG, recent earnings surprises, a minimum volume requirement, and small market capitalization. I exclude OTC stocks and I further narrow the list based on additional fundamental factors to 10 stocks. The list, as always, is not a specific portfolio but a recommendation for further research. Since this is a purely mechanical screen, I play no discretion in the results (other than establishing the original screen criteria). A couple of months ago I added a 200 day simple moving average requirement - stocks must be trading above their 200 day moving average in order to make the list. I use stockscreen123 as the screener.
The stocks on this list can be especially volatile given their low market capitalization, so please do proper due diligence. I find the list useful for gathering potential investment or trade ideas rather than a blanket "buy" list. The current lists of stocks are below and returns can be tracked real--time on the right hand side of Scott's Investments:
|NSIT||Insight Enterprises, Inc.||Here||98.99||684.15||Computer Hardware|
|GIII||G-III Apparel Group, Ltd.||Here||98.79||510.52||Apparel/Accessories|
|MDF||Metropolitan Health Networks,||Here||98.73||161.65||Healthcare Facilities|
|SCLN||SciClone Pharmaceuticals, Inc||Here||98.59||165.23||Biotechnology & Drugs|
|CNU||Continucare Corporation||Here||98.03||248.12||Healthcare Facilities|
|CELL||Brightpoint, Inc.||Here||97.12||572.01||Communications Equipment|
|HITK||Hi-Tech Pharmacal Co.||Here||96.73||298.54||Biotechnology & Drugs|
|UTI||Universal Technical Institute||Here||95.64||587.72||Schools|
|STKL||SunOpta, Inc. (USA)||Here||95.21||335.74||Food Processing|
|RELL||Richardson Electronics, Ltd.||Here||93.73||161.06||Electronic Instr. & Controls|