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What is the Mo-Mo screen? 38 stocks you might want to know

We are now more or less two thirds of the way through earnings season. This seems like a good time to revisit a screen we first ran about a month ago.

Using the data we generate as we scan over 7200 stocks and ETFs at Alert HQ, we assembled a screen that is composed of stocks with the following characteristics:
  • The stock must have shown sequential quarterly growth as well as year-over-year growth in both EPS and Revenue
  • The stock must have appeared on the TradeRadar Trend Leaders list this past weekend. This means that, besides being above their 50-DMA, they have also been determined to be in strong up-trends according to Aroon analysis, DMI and MACD.
Consider this the Mo-Mo Screen: a combination of price momentum and earnings/revenue momentum. Below is this month's list (note that prices are as of last Friday, 05-01-09).

Symbol Name Last Price Market Cap PE
AGL AGL RESOURCES INC. $31.41 $2,415,000,000 11
ARB ARBITRON INC. $20.88 $551,900,000 16.79
ATK ALLIANT TECHSYSTEMS INC. $82.17 $2,689,000,000 11.07
ATO ATMOS ENERGY CORPORATION $25.64 $2,349,000,000 12.28
CRM SALESFORCE.COM, INC. $41.41 $5,087,000,000 123.37
CSR CHINA SECURITY & SURVEILLANCE TECHNOLOGY, INC. $7.32 $365,900,000 9.42
CVS CVS CAREMARK CORPORATION $32.26 $46,955,000,000 14.55
DLB DOLBY LABORATORIES, INC.-CLASS A $38.59 $4,351,000,000 20.04
GD GENERAL DYNAMICS $52.38 $20,222,000,000 8.38
GES GUESS?, INC. $26.04 $2,395,000,000 11.41
HOS HORNBECK OFFSHORE SERVICES, INC. $23.95 $625,400,000 5.36
IRC INLAND REAL ESTATE CORPORATION $8.27 $551,500,000 17.46
MVL MARVEL ENTERTAINMENT, INC. $30.22 $2,361,000,000 11.42
NPK NATIONAL PRESTO INDUST. $73.98 $506,600,000 11.04
NTG NATCO GROUP INC. $25.39 $506,000,000 13.7
ORB ORBITAL SCIENCES CORPORATION $15.54 $888,300,000 15.17
PCR PERINI CORPORATION $17.28 $838,400,000 N/A
RYN RAYONIER INC. $37.96 $2,997,000,000 20.18
SVT SERVOTRONICS, INC. $10.16 $19,600,000 7.18
TIS ORCHIDS PAPER PRODUCTS, INC. $18.03 $116,200,000 21.54
V VISA INC. $65.01 $50,578,000,000 56
VIT VANCEINFO TECHNOLOGIES INC $7.90 $295,000,000 20
WMS WMS INDS, INC. $31.12 $1,535,000,000 23.47
ATHN athenahealth, Inc. $33.78 $1,129,000,000 38.31
BUCY Bucyrus International, Inc. $23.36 $1,749,000,000 7
CERN Cerner Corporation $52.68 $4,232,000,000 23.79
CTCM CTC Media, Inc. $8.20 $1,248,000,000 55.21
DGIT DG FastChannel, Inc. $21.99 $459,100,000 29.49
DNEX Dionex Corporation $61.58 $1,092,000,000 20.71
FSLR First Solar, Inc. $180.89 $14,768,000,000 44.15
FORR Forrester Research, Inc. $24.56 $566,000,000 20.51
FUQI Fuqi International, Inc. $6.68 $147,000,000 4.76
NRGP Inergy Holdings, L.P. $36.51 $739,100,000 18.6
JJSF J & J Snack Foods Corp. $38.93 $714,100,000 24.19
MDTH MedCath Corporation $10.50 $206,000,000 9.85
QSII Quality Systems, Inc. $54.41 $1,544,000,000 32.84
SYNT Syntel, Inc. $28.44 $1,180,000,000 13.22
VPRT VistaPrint Limited $37.26 $1,570,000,000 32.19

As I mentioned above, we first ran this screen about a month ago and wrote about it in a post titled "Forty stocks that have defied the downturn". It is interesting to see that there are not too many stocks making a repeat appearance. Here are the few that managed to pull it off though I am not sure they have all reported earnings yet:
  • HORNBECK OFFSHORE SERVICES, INC. (HOS)
  • Forrester Research, Inc. (FORR)
  • Fuqi International, Inc. (FUQI)
  • Inergy Holdings, L.P. (NRGP)
  • NATIONAL PRESTO INDUST. (NPK)
  • Quality Systems, Inc. (QSII)
  • VistaPrint Limited (VPRT)
  • WMS INDS, INC. (WMS)
Conclusion --

Of the forty stocks in last month's list, the great majority have tacked on further price gains since the list was published. Granted, the stock market overall has been rising during this time but some of those stocks have really made some nice moves, exceeding the market return over the last four weeks.

In any case, it is worth keeping an eye on the stocks in the Mo-Mo screen. Especially if the market keeps on rising - these are the stocks that could benefit most.

Disclosure: none

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