CHICAGO, April 1, 2011 /PRNewswire/ -- Stocks in this
week's article include: Buffalo Wild Wings, Inc. (NASDAQ:
BWLD), Constellation Energy Group, Inc. (NYSE: CEG),
Goodrich Petroleum Corporation (NYSE: GDP), Health
Management Associates, Inc. (NYSE: HMA) and Teekay
Corporation (NYSE: TK). Kevin
Matras goes over a screen that finds companies with
accelerated earnings growth and shows how you can find them
too.
(Logo:
http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
Screen of the Week written by Kevin
Matras of Zacks Investment Research:
In good markets or bad, earnings are one of the most important
things that influence stock prices. But instead of just looking at
only the most recent quarter's earnings, try looking for earnings
acceleration too.
With earnings season kicking off in two weeks, this is a good
time to go over this.
Studies have shown that almost all of the most successful stocks
in the past had displayed accelerated earnings BEFORE their most
impressive price moves.
Sideways 'percentage earnings growth' (even if they're good) or
decelerating 'percentage earnings growth' (strong or not) can
potentially signal a period of consolidation (or slowdown), which
in turn can flatten out prices or send them lower.
But increasing 'percentage earnings growth' (consistently
improving from the company's prior percentage of earnings growth)
can often be the difference between good stocks and great
stocks.
When a company reports earnings, take a look at their numbers,
and then see how their current % EPS Growth stacks up to their
previous period's % EPS Growth (and the period prior to that).
Moreover, take a look at how their Earnings Growth is forecasted in
their next reporting period as well.
Again, with statistics suggesting that accelerated earnings
typically appear BEFORE the most impressive price moves of a stock,
this is definitely a screen worth watching for finding winning
stocks on the move!!!
In this screen, I'm focusing on increasing 'percentage earnings
growth' and projected 'percentage earnings growth'.
For the rest of this Screen of the Week article, please visit
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