Skip to main content

20 growth stocks with improving moving averages

The market is firming these days and what was out of favor is now meeting demand.

Growth stocks had certainly been weak while investors fled to defensive sectors. That is beginning to change now. Using the Premium Stock Screener at out sister site TradingStockAlerts.com, we have identified a list of growth stocks whose 50-day exponential moving average (EMA) has, within the last few days, started to turn up in a bullish direction.

SymbolNameSectorIndustry
ACN Accenture plc. Miscellaneous Business Services
AGP AMERIGROUP Corporation Health Care Hospital And Medical Service Plans
ALV Autoliv, Inc. Capital Goods Auto Parts:O.E.M.
BKI Buckeye Technologies, Inc. Basic Industries Paper
CPSI Computer Programs and Systems, Inc. Technology EDP Services
CYOU Changyou.com Limited Technology Computer Software: Prepackaged Software
DCI Donaldson Company, Inc. Capital Goods Pollution Control Equipment
ENTR Entropic Communications, Inc. Technology Semiconductors
FN Fabrinet Public Utilities Telecommunications Equipment
IPGP IPG Photonics Corporation Technology Semiconductors
KRO Kronos Worldwide Inc Basic Industries Major Chemicals
LEA Lear Corporation Capital Goods Auto Parts:O.E.M.
MA Mastercard Incorporated Miscellaneous Business Services
MMS Maximus, Inc. Miscellaneous Business Services
NDSN Nordson Corporation Capital Goods Industrial Machinery/Components
NEU NewMarket Corporation Basic Industries Major Chemicals
NEWP Newport Corporation Capital Goods Medical Specialities
SNHY Sun Hydraulics Corporation Capital Goods Metal Fabrications
TRW TRW Automotive Holdings Corporation Capital Goods Auto Parts:O.E.M.
XLNX Xilinx, Inc. Technology Semiconductors

Our criteria for growth stocks is as follows:
  • Company must be profitable
  • Year-over-year quarterly revenue increase 
  • Year-over-year quarterly earnings increase
  • ROE over 20%
  • Debt-to-Equity less than 1
Five out of the twenty stocks are Technology stocks and that's a good sign for the recent rally -- tech often leads the stock market out of bottoms and into a bullish trend. Seven of the twenty are Capital Goods stocks -- these stocks tend to follow the economic cycle and this suggests investors are much more comfortable with global growth picking up as we enter the second half of the year. I might also note that one of the stocks is Mastercard -- that's a vote for the consumer.

With earnings season coming up soon, we could see a real resurgence in those growth stocks that manage to put up decent numbers despite the last few months of economic softness. There's a good chance that today's list contains some of those future growth leaders.


Disclosure: no positions in any stocks mentioned in this post
Labels:

Comments

Post a Comment

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 ...
4 comments
Read more

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.
Post a Comment
Read more

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...
7 comments
Read more