The most recent leg of the bull rally has been one of the oddest in a long time. By that I mean that the stocks that have led the charge have been of the Risk Off variety:
Large cap, defensive, and income producing.
These are not the typical stocks leading the bull charge to new highs. That space is usually reserved for more aggressive growth stocks.
However, the reason for the these Flight to Safety picks was a combination of weakening fundamentals that pushed down interest rates. In that environment income producing stocks become more attractive.
This weekend’s positive outcome for the US China trade dispute will likely cause a shift out of defensive stocks into more growth oriented names. That led to me to screen for stocks with the right ingredients:
- POWR Rating of A or B
- Small to Mid Cap Names Only
- 30% or higher expected earnings growth for the next few years.
So out of the 10,000+ stocks on the US market only these 15 emerged from this screening process. Certainly you will recognize some of the growth names on here like ZenDesk (ZEN - Get Rating) and Hubspot (HUBS). However, be sure to explore the others that may be lesser known names, but still have exciting upside potential.
Company | Ticker | Market Cap ($mil) | Estimated Growth % |
Blackline Inc | BL | $2,946 | 50 |
Goosehead Insur | GSHD | $707 | 50 |
Hubspot Inc | HUBS | $7,179 | 48 |
Alamos Gold Inc | AGI | $2,360 | 47 |
Exelixis Inc | EXEL | $6,449 | 46 |
Coupa Software | COUP | $7,821 | 39 |
Mercury Genl Cp | MCY | $3,460 | 38 |
Medicines Co | MDCO | $2,701 | 37 |
Blueprint Med | BPMC | $4,608 | 34 |
Inspire Med Sys | INSP | $1,444 | 33 |
Glaukos Corp | GKOS | $2,745 | 33 |
Canadian Solar | CSIQ | $1,298 | 32 |
Chegg Inc | CHGG | $4,575 | 30 |
Univl Display | OLED | $8,878 | 30 |
Zendesk Inc | ZEN | $9,755 | 30 |
Also here are links to 3 other popular destinations to make the best use of the POWR Ratings:
Full List of “A ”Rated Strong Buy Stocks– See all the top rated stocks.
About the POWR Ratings– Learn what’s build inside the POWR Ratings that helps find stocks ready to outperform.
Reitmeister Total Return portfolio. This is where Steve Reitmeister employs his 40 years of investment experience to hand select the best POWR Ratings stocks.
ZEN shares closed at $89.03 on Friday, up $0.75 (+0.85%). Year-to-date, ZEN has gained 52.53%, versus a 18.33% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of StockNews.com.
More Resources for the Stocks in this Article
Ticker | POWR Rating | Industry Rank | Rank in Industry |
ZEN | Get Rating | Get Rating | Get Rating |
Get Rating | Get Rating | Get Rating | |
Get Rating | Get Rating | Get Rating | |
Get Rating | Get Rating | Get Rating | |
Get Rating | Get Rating | Get Rating |