Buy 5 Best Stocks With Accelerating Earnings

EPS % Projected Growth (Q1)/(Q0) greater than EPS % Growth (Q0)/(Q-1): The projected growth rate for the current quarter (Q1) over the completed quarter (Q0) has to be greater than the growth rate from the completed quarter (Q0) over one quarter ago (Q-1).

EPS % Growth (Q0)/(Q-1) greater than EPS % Growth (Q-1)/(Q-2): The growth rate for the completed quarter (Q0) over one quarter ago (Q-1) has to be greater than the growth rate from one quarter ago (Q-1) over two quarters ago (Q-2).

EPS % Growth (Q-1)/(Q-2) greater than EPS % Growth (Q-2)/(Q-3): The growth rate from one quarter ago (Q-1) over two quarters ago (Q-2) has to be greater than the growth rate from two quarters ago (Q-2) over three quarters ago (Q-3).

In addition to this, we have added the following parameters:

Current Price greater than or equal to $5: This screens out the low-priced stocks.

Average 20-day volume greater than or equal to 50,000: High trading volume implies that the stocks have adequate liquidity.

The above criteria narrowed down the universe of over 7,747 stocks to only 9. Here are the top 5 stocks:

ArcelorMittal (MT - Analyst Report) operates as an integrated steel and mining company across the world. MT’s products include slabs, plates, electro-galvanized coils and sheets, tinplate and color coated coils and sheets, and welded pipes and tubes. The company’s estimated earnings growth rate for this year is more than 100%.

Dynamic Materials Corp. (BOOM - Snapshot Report) operates in the energy, industrial and infrastructure markets throughout the world. BOOM operates in two segments, NobelClad and DynaEnergetics. The company’s estimated earnings growth rate for this year is above 100%.

Randgold Resources Limited (GOLD - Snapshot Report) explores and develops gold deposits in Sub-Saharan Africa. GOLD holds interests in the Morila gold mine, the Loulo gold mine and the Gounkoto gold mine that are located in Mali, West Africa. The company’s estimated earnings growth rate for this year is 46.4%.

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