This week I selected six stocks that would be candidates for long-term trend following based on a combination of:
- Momentum: the stocks are on the all-time high list, so they are in uptrends by any definition.
- Fundamentals: high Piotroski and Altman scores, indicating that the companies are well run.
- Growth: above average quarterly EPS growth and sales growth
Fundamentals and Growth | |||||||||||
Symbol | Sector | F score | Z score | Market Cap | EPS Q/Q | Sales Q/Q | Div. | Pay out | Inst Own | Inst Trans | Target Price |
ALB | Basic Materials | 8 | 4.3 | 4.90B | 80% | 14% | 1% | 17% | 76% | -0% | 58.8 |
APKT | Technology | 7 | 37.5 | 2.80B | 169% | 56% | % | 0% | 81% | 4% | 41.8 |
CRR | Basic Materials | 7 | 17.9 | 2.15B | 40% | 29% | 1% | % | 92% | 2% | 88.6 |
DOV | Industrial Goods | 8 | NaN | 10.25B | 105% | 26% | 2% | 32% | 88% | 1% | 61.4 |
QCOR | Healthcare | 6 | 18.0 | 881.57M | 859% | 126% | % | % | 83% | 2% | 14.0 |
RES | Basic Materials | 7 | 8.6 | 2.66B | 539% | 129% | 1% | 21% | 28% | 3% | 27.2 |
A high Piotroski F-score indicates financial strength, and a low Altman Z-score predicts bankruptcy Data are from GrahamInvestor.com, Yahoo Finance, and Finviz.com |
I recommend that you buy the stocks which are moving up persistently in price, and don't concern yourself that these stocks tend to cost a little bit more than some more boring issues. History shows that the premium paid for high-quality items of any kind is generally worth the extra money. -Braden Glett |
Related Posts
- Full results of the US all-time high stock screen
- Why many Investors Lose Money
- Why all-time highs outperform
- Trade with Focus
- Trend-trading Potash Corp 2006-2008
- Plan your stop loss
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