Technical: the stock has surged more than 100% in 5 weeks. The price is back above 50-200 DMA. highest weekly volume since 2018. These are good signs
Fundamental: This stock shows good sales and profit growth.
3 years of sales growth - 16.6% 3 years of profit growth - 18.9% Margins are at 8%, there is more room for margin growth, their income has increased due to the minimization of debt(interest payments were eating up the profits). Debt is down by 90%(great sign). If the margins sustain or go higher we can see higher profits and further price appreciation
TTM earnings up 17%, there might be a negative earnings surprise in next quarter however if that doesn't happen, we can see higher prices
@maheshgujar62, multiple screens. 1. price momentum screen(stocks 20-30% from 52w high) 2. Relative Strength screen ( Marketsmith software) 3. EPS ranking score (Marketsmith software) 4. Industry Ranking (Marketsmith software) 5. Trading view( i have set a few parameters and based upon that, I get the results) the best stocks usually show up in two to three screeners. after that, I go through them individually and take my pick based upon price movement and volume
How do you filter such stocks.
Pls do revert