In this post I look at the stocks with the highest institutional buying from among the hundreds in my all-time high stock screen (available in the 'Stock Screen Results' tab at the top of the blog). Kingtone Wireless (KONE) is among them. Notice that Institutional Ownership ('Inst Own') is typically less than 50%, meaning the stocks are not 'over owned' among institutions.
These are mostly smaller, newer, companies so it is not surprising that Piotroski Scores and Altman Z scores are not available or low. Additionally, company valuation metrics can be difficult to apply to resource stocks (which nearly fill the list).
| High Institutional Buying | |||||||||||
| Symbol | Sector | F score | Z score | Market Cap | EPS Q/Q | Sales Q/Q | Div. | Pay out | Inst Own | Inst Trans | Target Price |
| AAU | Basic Materials | 5 | NaN | 243.96M | -109% | -97% | % | % | 6% | 225% | |
| AEZ | Basic Materials | 4 | NaN | 621.90M | 97% | 938% | % | 0% | 51% | 46% | 8.5 |
| ELT | Technology | NaN | NaN | 1.66B | 263% | 11% | % | 0% | 17% | 39% | 18.4 |
| GORO | Basic Materials | 1 | NaN | 1.40B | 89% | % | % | % | 12% | 170% | |
| KONE | Technology | NaN | NaN | 64.96M | % | % | % | % | 11% | 47% | |
| OAS | Basic Materials | NaN | NaN | 2.55B | -894% | 199% | % | % | 53% | 117% | 25.0 |
| OXF | Basic Materials | NaN | NaN | 492.03M | -125% | 35% | 7% | % | 32% | 100% | 23.3 |
| 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 | NaN means data was not available. | |||||||||||
The stock with the highest rate of insider buying is Almaden Minerals Ltd. (AMM:TSX; AAU:NYSE). After struggling for several years, AAU has recently been surging on big volume after it reported a successful Gold and Silver find. More about the company, www.almaden.com: "Almaden Minerals reduces the risk and cost of exploration by joint venturing our ideas to other companies which fund further exploration on our projects in order to earn an interest. We currently have over 40 projects in our portfolio at various stages of development." Here is its chart.
I will always go with the opinion of the market, as opposed to anyone else's opinion, including my own. To me, anyone who tells me that a stock which is moving up shouldn't be moving up, has by definition missed something in his analysis. -Braden Glett
|
Related Posts
- All-time high stock screen results
- Why many Investors Lose Money
- Watchlists are useless without Action
- Trade with Focus
- Trend-trading Potash Corp 2006-2008
- Plan Your Stop-Loss: On Setting Stops
No comments:
Post a Comment