Kevin Matras Blog | Top Stocks with Big Potential Catch-Up Moves | Talkmarkets - Page 2
Vice President of Zacks Investment Research

Kevin Matras is a Vice President at Zacks Investment Research, where he is the fundamental stock screening and technical chart patterns expert. He heads the Research Wizard Division at Zacks, which focuses on stock screening and backtesting. Matras also runs the Chart Patterns Trader service, ... more

Top Stocks with Big Potential Catch-Up Moves

Date: Wednesday, July 27, 2016 5:08 AM EDT

• Price and Avg. Volume greater than or equal to $5 and 100,000 shares 
Only stocks over $5 with at least an average of 100,0000 shares traded daily will be considered.

• Relative % Price Change -- 4 Weeks greater than 0 
This means we're screening for only those stocks that have outperformed the market (S&P 500) over the last 4 weeks.

• % Change in Price -- 4 Weeks: Bottom 50 
Then finally we're scanning for the bottom 50 stocks with the lowest percentage price change over the last 4 weeks. So while all of these stocks have outperformed the market, they increased in price less than their peers.

So each one of these stocks is in a top Sector and top Industry within that Sector. This alone will tip the odds of success in your favor by a great deal when you consider that the best Zacks Ranked groups outperform the worst ones by a factor of 2 to 1.

Then by selecting those stocks with the best Zacks Rank along with the best price performance over the last 4 weeks, you now have only a list of winners from which to choose from.

And from that list of winners, we're selecting the ones that have gained less than their peers on that list. Remember, these stocks aren’t 'dogs' or unresponsive stocks. Quite the contrary; they have all outperformed the market. It just so happens that they increased less than the others on the list. But because they are a top rated stock in a top rated industry, we've singled these out as the ones that could make the biggest move to 'catch-up' to the others.

It's an interesting screen that has generated a lot of great names.

Here are 5 from that list:

(CSGP - Snapshot Report) CoStar Group 
(CW - Snapshot Report) Curtiss-Wright 
(HLS - Snapshot Report) Healthsouth 
(INGN - Analyst Report) Inogen 
(PKI - Analyst Report) PerkinElmer

All great looking stocks that seem to have lots more upside in store for them.

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