Skip to main content

Small-Cap 'SuperList' - three stocks exploding to the upside

Time for another custom "SuperList" stock screen from the TradeRadar database.

Today's stock screen starts by looking at stocks that have shown EPS growth. They have sequential quarter-over-quarter growth as well as year-over-year growth. There are currently 617 stocks that meet that criterion.

The list below, however, took that sample of 617 and whittled it down by looking only for those stocks that are currently on both the Trend Leaders list and Bollinger Band Breakout list for this weekend. These stocks are exploding upward.

SymbolNameLast PriceMarket Cap
MFWM & F WORLDWIDE CORP.$25.74$497,600,000
ATNIAtlantic Tele-Network, Inc.$38.46$585,700,000
BIDSOTHEBY'S$14.55$974,600,000

What's driving the gains in these stocks?

For ATNI, it is acquisition news. The company, a cellular system operator, is buying certain wireless properties from Verizon, including wireless spectrum licenses and network assets, serving over 800,000 subscribers primarily in rural areas across Georgia, North Carolina, South Carolina, Illinois, Ohio, and Idaho. Verizon is being driven to divest these properties as part of the regulatory approvals granted for its purchase of Alltel earlier this year. The stock market apparently loves this deal. ATNI increases their size and scale, increases revenue diversification and subscriber base. The deal increases ATNI's U.S. footprint significantly and was apparently done at a reasonable price.

It is more difficult to determine why MFW is breaking out. Back on May 8, the company reported blowout earnings with net income for the first quarter of $51.3 million or $2.64 per share, compared to $12.5 million or $0.58 per share in the year-ago quarter. Since then the stock has moved marginally upward but this week saw huge moves on Thursday and Friday as the stock surged above its 200-day moving average. It isn't like the company is in some currently sexy business. They print checks for bank customers, supply software for financial institutions and, oddly, licorice products for tobacco and food or pharmaceutical processors. Maybe this is a delayed reaction to great earnings.

Finally there is Sotheby's (BID). The company is well known as an auctioneer of fine art, antiques and decorative art, and jewelry and collectibles primarily in the United States, the United Kingdom, the People's Republic of China, and France. With this stock, there isn't one big event that is driving the stock price. It appears to be an accumulation of news that is reassuring investors. For example, there have been several auctions that went well recently. Investors may also be focused on early signs of an overall economic recovery which should translate into improved sales for luxury goods vendors such as Sotheby's.


So here is our list of stocks with surging stock prices but with fundamentals that may actually justify the price gains. It could be worth keeping an eye on these guys.

Disclosure: no positions

Comments

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation

Thursday Bounce: Trend Busters, Swing Signals and Trend Leaders for July 9, 2009

This is a quick post to announce that we have published Thursday's Trend Leaders, Swing Signals and Trend Busters at Alert HQ . All are based on daily data. Today we have the following: 72 Swing Signals -- A couple of days ago we had 35 signals, today we have twice as many. Happily, we now have 65 BUY signals, a mere 4 SELL Signals plus 3 Strong BUYs. Whoo-hoo! 56 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. There are 18 new stocks that made today's list and 60 that fell off Tuesday's list. 48 Trend Busters of which 5 are BUY signals and 43 are SELL signals The view from Alert HQ -- Talk about mixed signals. If you look at our Swing Signals list you would think the market was in the middle of a big bounce. BUY signals are swamping the SELL signals and we even have a few Strong BUYs. Yes, there's a good sprinkling of tech stocks and tech ETFs but the distribution is pretty broad-based with a good number of different sectors represented, eve

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.