“In the stock game, winning means reaching a higher price.” However, striking the right chord each time needs a fair amount of luck.

No matter how disciplined and systematic investors are, equity market volatility will always manage to get the better of them. While a few lucky ones rake in the moolah, others fall victim to ad hoc strategies.

One could resort to commonly used techniques to find beaten-down stocks that have the potential to recover faster than others. However, even such investment choices bear the risk of disappointment. Particularly, one could fall into the value trap if the hidden weaknesses in selected stock are not identified.

So, wouldn’t it be a safer strategy to look for stocks that are winners currently and have the potential to gain further?

Sounds a good idea? Here is how to execute it:

One should primarily target stocks that have recently been on a bullish run. Actually, stocks seeing price strength recently have a high chance of carrying the momentum forward.

If a stock is continuously on an uptrend, there must be a solid reason or else it would have probably crashed. So, looking at stocks that are capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create the magic. Therefore, you need to set other relevant parameters to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

Screening Parameters:

Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.

Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance.

Current Price greater than 5: The stocks must all be trading at a minimum of $5.

Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.

Here are six of the 13 stocks that made it through this screen:

Nova Measuring Instruments Ltd. (NVMI - Free Report) develops, produces and markets monitoring and measurement systems for the semiconductor manufacturing industry. The stock has surpassed the Zacks Consensus Estimate in the trailing four quarters with an average positive surprise of 21.7%.

Par Pacific Holdings, Inc. (PARR - Free Report) manages and maintains interests in energy and infrastructure businesses. The stock surpassed the Zacks Consensus Estimate thrice while missing the same on one occasion in the last four quarters. It has a positive earnings surprise of 195.3%.

Modine Manufacturing Company (MOD - Free Report) operates primarily in a single industry consisting of the manufacture and sale of heat transfer equipment. Last quarter, the company delivered a positive earnings surprise of 30%.

AdvanSix Inc. (ASIX - Free Report) is a producer and supplier of Nylon 6 materials. Last quarter, the company delivered a positive earnings surprise of 25.8%.

Braskem S.A. (BAK - Free Report) figures as the largest petrochemical operation in Latin America and among the five largest private companies in Brazil. Last quarter, the company delivered a positive earnings surprise of 68.5%.

Howard Bancorp, Inc. (HBMD - Free Report), headquartered in Ellicott City, MD, operates as a holding company for Howard Bank that provides a range of commercial and retail banking services in the state.