Screen Potential Candidate EP III

Earnings Momentum and Analyst Upgrades

This particular screen is meant to be used as a brainstorming tool for those stocks that may be possible short- to mid-term momentum plays. The very thought that analysts are raising their assumptions can cause the sentiment surrounding a stock to quickly change. As has been seen from the bull markets that occurred during the latter part of the 1990s, earning surprises both to the upsides and downsides have a habit of creating either prosperity or poverty.

When an analyst that closely studies a certain company or sector changes his or her rating or earnings estimate for that company or sector, it is a pretty good sign that there is something
more going on than meets the eye.

This search focuses on the companies with the highest earnings-per-share growth projected for the next year and for which the analysts have increased their estimates. It also adds additional
parameters and overlays to find the stocks with the greatest recent price changes and upward-moving technical trends.

Criteria We Used:

1. Earning Estimate Increased in Last Month.
2. EPS Growth Rate Next Year as High as Possible.
3. Previous Day's Closing Price more than 50-Day Moving Average.

You will undoubtedly find many stocks that you have probably never heard of within these results. Try not to let yourself get sucked into the temptation of following historic returns. Be sure to keep a cool head and think about the company and its longer-term prospects.