Screening for Growth and Momentum Bargain Stocks

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  • (0: 30 ) - Screening For Stock Deals
  • (4: 40 ) - Fast Paced Momentum Stocks
  • (10: 30 ) - Stocks Over Valued and Ready To Fall
  • (13: 00 ) - Zacks #1 Rank Stocks With Growth and Value
  • (17: 10 ) - Big Takeaways on Stock Screeners: Podcast@Zacks.com

Welcome to Episode #153 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey went solo to discuss the ongoing stock market sell off and how to find bargains in growth and momentum stocks.

It may not be the bottom of this sell-off, or maybe it is, but investors can get ready with a list of their favorite companies.

How do you find growth and momentum bargains? You need a good screen and Tracey has a bunch of them courtesy of the Zacks.com Premium Stock Screener.

Are There Any Momentum Bargain Stocks?

There are several good predefined screens on Zacks.com like " Fast Paced Momentum Stocks at a Bargain ". It looked for high Zacks Rank stocks of #1 (Strong Buy) or #2 (Buy), high momentum style scores and a value P/S ratio which is under 1.0.

The screen returned only 1 stock.

Just 1!

Tune into the podcast to find out which company it is.

The Best of the Growth Stocks?

A second screen you might want to use is " Top Ranked Growth Stocks on the Move ." It has a bunch of fundamentals in the screen including high Zacks Rank, a top 50 industry rank and a top Style Score of A or B among other things.

This screen returned just 3 companies, but they are all "on the move" higher.

1.       Burlington Stores BURL has been a retail beast. It is up 7.9% over the last week versus a loss of 2% for the S&P 500.

2.       Mellanox MLNX is a technology company that provides interconnect solutions for data centers. Shares are up 17.8% over the last week after the company reported its fifth consecutive quarter of record growth.

3.       Tractor Supply TSCO is another retailer that is being ignored by Wall Street. But its shares are also up in the last week, adding 6.4%, at a time when many other stocks were being sold off.

Waiting for Overvalued Stocks to Fall

Another good screen to use with these market conditions, although there's no guarantee of screening just for growth, is a screen called "Overvalued and Ready to Fall."

That screen returned 14 companies including Stitch Fix SFIX , which is up 6% over the last week and China's online shopping giant JD.com JD , which is down 2.5% over the same period.

If you want to find "bargains" using value metrics, be sure to check out the Growth & Value Plus #1 Rank screen. It returned 36 results including a few you might find surprising.

What else should you know about screening for growth and momentum bargains?

Tune into this week's podcast to find out.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

JD.com, Inc. (JD): Free Stock Analysis Report

Mellanox Technologies, Ltd. (MLNX): Free Stock Analysis Report

Burlington Stores, Inc. (BURL): Free Stock Analysis Report

Tractor Supply Company (TSCO): Free Stock Analysis Report

Stitch Fix, Inc. (SFIX): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: JD , MLNX , BURL , TSCO , SFIX

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