These are the kind of stocks, I have in my watchlist (at the bottom of the post). All of them meet the criteria of either high EPS, sales or price growth. Many of these have not been dented much by the recent overall market correction. Some of these will break down if the down move continues and for those seeking short entry might provide good candidates. During sustained market turns one by one such leading stocks break down adding more fuel.
When the markets rebounds, some of these stocks will be the first to rebound. A 2-4 weeks counter trend rallies during sustained market weaknesses are a common phenomenon and stocks like these can make good moves during that period.
Also certain sectors act contrary to the market move because of the nature of their business. During the 2001 correction following groups had 30% or more price growth for a year. Three groups out of these had 90% move (highlighted in bold). Over 300 stocks doubled during that period.
MG328,Office Supplies,CONSUMER NON-DURABLES - Office Supplies
MG345,Dairy Products,FOOD & BEVERAGE - Dairy Products
MG515,Drug Related Products,DRUGS - Drug Related Products
MG631,Residential Construction,MATERIALS & CONSTRUCTION - Residential Construction
MG632,Manufactured Housing,MATERIALS & CONSTRUCTION - Manufactured Housing
MG736,Home Improvement Stores,RETAIL - Home Improvement Stores
MG737,Home Furnishing Stores,RETAIL - Home Furnishing Stores
MG738,Auto Parts Stores,RETAIL - Auto Parts Stores
MG739,Catalog & Mail Order Houses,RETAIL - Catalog & Mail Order Houses
MG741,Sporting Goods Stores,SPECIALTY RETAIL - Sporting Goods Stores
MG744,Music & Video Stores,SPECIALTY RETAIL - Music & Video Stores
MG745,Auto Dealerships,SPECIALTY RETAIL - Auto Dealerships
MG751,Auto Parts Wholesale,WHOLESALE - Auto Parts Wholesale
MG752,Building Materials Wholesale,WHOLESALE - Building Materials Wholesale
MG763,Personal Service,DIVERSIFIED SERVICES - Personal Services
MG764,Consumer Services,DIVERSIFIED SERVICES - Consumer Services
MG766,Security & Protection Services,DIVERSIFIED SERVICES - Security & Protection Services
MG821,Multimedia & Graphics Software,COMPUTER SOFTWARE & SERVICES - Multimedia & Graphics Software
These stocks were up 500% or more during the worst phase of bear market. This list does not include stocks which have merged or bought out.
AFAM,Almost Family Inc
AHN,Atc Healthcare Inc
ASCA,Ameristar Casinos Inc
BDY,Bradley Pharmaceuticals
BYI,Bally Technologies Inc
CBK,Christopher & Banks Corp
DYII,Dynacq Healthcare Inc
GMCR,Green Mountain Coffee Roasters
HW,Headwaters Inc
HWAY,Healthways Inc
IMA,Inverness Medical Tchnlg
KMX,Carmax Inc
KOSP,Kos Pharmaceuticals Inc
MGAM,Multimedia Games Inc
MOVI,Movie Gallery Inc
MSCC,Microsemi Corp
NG,Novagold Resources Inc
NPTH,Enpath Medical Inc
NVDA,NVIDIA Corporation
PNRA,Panera Bread Co Cl A
PPHM,Peregrine Pharmaceuticls
PRX,Par Pharmaceutical Co Inc
PSAI,Pediatric Services Am
SMD,Singing Machine
TARO,Taro Pharmaceutical Inds
TRR,Trc Companies Inc
So there are long opportunities to be found in such conditions. What you need is a systematic methodology and approach to find them. You need right tools/ scans and methods to find such opportunities. Above all you need a way to shut off the market noise.
Watchlist
ACLI,American Commercial Lines Inc
ADLR,Adolor Corporation
AE,Adams Resources & Energy
AKAM,Akamai Technologies Inc
ALY,Allis-Chalmers Energy Inc
AMKR,Amkor Technology Inc
ANAD,Anadigics Inc
ANDE,Andersons Inc (The)
AP,Ampco-Pittsburgh Corp
ARS,Aleris International Inc
ASPV,Aspreva Pharmaceuticals
ASTSF,Ase Test Limited Ord Shr
ATI,Allegheny Technologies
BFT,Bally Total Fit Hldg
BGC,General Cable Corp
BMD,Birch Mountain Resources Ltd
BTUI,Btu International Inc
BWNG,Broadwing Corp
CELG,Celgene Corp
CHAP,Chaparral Steel Company
CHDX,Chindex International Inc
CHIC,Charlotte Russe Hldg Inc
CMCO,Columbus Mckinnon Cp(Ny)
CPTS,Conceptus Inc
CTRN,Citi Trends Inc
DCEL,Dobson Communications A
DIL,Dyadic International Inc
DNR,Denbury Resources Ltd
DRQ,Dril-Quip Inc
DXPE,Dxp Enterprises Inc
EAGL,Egl Incorporated
ECOL,American Ecology Corp
EMIS,Emisphere Technologies
EUROD,EuroTrust A/S ADR
EZPW,Ezcorp Inc Cl A
FAL,Falconbridge Ltd
FMCN,Focus Media Holding Ltd ADR
FTI,Fmc Technologies
FTO,Frontier Oil Corp
FWLT,Foster Wheeler Ltd
GAIA,Gaiam Incorporated Cl A
GDI,Gardner Denver Inc
GI,Giant Industries Inc
GIGM,Gigamedia Limited
GLBL,Global Industries Ltd
GMTC,Gametech Internat Inc
GPIC,Gaming Partners Intl
GROW,U.S. Global Invest Inc A
GYMB,Gymboree Corp
HANS,Hansen Natural Corp
HOC,Holly Corp
HOM,Home Solutions Of America
HSR,Hi-Shear Technology Corp
IAAC,Internat Asset Holdg Cp
ICE,Intercontinental Exchange Inc
ICON,Iconix Brand Group
ICTG,Ict Group Inc
IFO,Infosonics
IIG,Imergent Inc
ILMN,Illumina Inc
IMCO,Impco Technologies Inc
IPII,Imperial Industries Inc
IPSU,Imperial Sugar Company
ISRG,Intuitive Surgical Inc
ITG,Investment Technology
JLL,Jones Lang Lasalle Inc
KFRC,Kforce.Com Inc
KKD,Krispy Kreme Doughnuts
KNOL,Knology Inc
KNOT,The Knot Inc
KNXA,Kenexa Corp
LCC,US Airways Group Inc
LDSH,Ladish Co Inc
LIFC,Lifecell Corporation
LMIA,Lmi Aerospace Inc
LTXX,Ltx Corp
LVS,Las Vegas Sands
MDR,Mcdermott Internat Inc
MED,Medifast Inc
MERX,Merix Corp
MGPI,Mgp Ingredients Inc
MICC,Millicom Intl Cellular Sa
MORN,Morningstar Inc
MTRX,Matrix Service Co
MWRK,Mothers Work Inc
NEU,Newmarket Corp
NGPS,Novatel Inc
NITE,Knight Capital Group Inc Cl A
NTG,Natco Group Incorporated
NTRI,NutriSystem Inc
OII,Oceaneering Internat
OYOG,Oyo Geospace Corp
PEIX,Pacific Ethanol Inc
PGS,Petroleum Geo-services Asa
PGWC,Pegasus Wireless Corp (NV)
PLLL,Parallel Petroleum Corp
PLXS,Plexus Corp
PSTA,Monterey Gourmet Foods Inc
QLTY,Quality Distribution
RADN,Radyne Comstream
RAIL,FreightCar America Inc
RBAK,Redback Networks Inc
RMIX,U.S. Concrete Inc
RNOW,Rightnow Technologies Inc
RTI,Rti Internat Metal Inc
SHOO,Steven Madden Ltd
SMDI,Sirenza Microdevices
SMSI,Smith Micro Software Inc
SNTO,Sento Corporation
SPN,Superior Energy Svcs Inc
STRL,Sterling Construction Comp Inc
SWIR,Sierra Wireless Inc
TACT,Transact Technologies
TFSM,24/7 Real Media Inc
TNL,Technitrol Inc
TRE,Tanzanian Royalty Exploration Corp
TRID,Trident Microsystems Inc
TRN,Trinity Industries Inc
TSCM,Thestreet.Com
TTES,T-3 Energy Services Inc
TTI,Tetra Technologies Inc
TWGP,Tower Grp Inc
TWTC,Time Warner Telecom Inc
TWTR,Tweeter Home Entertainmt
URGI,United Retail Group Inc
USG,Usg Corp
WFR,Memc Electronic Material
WIRE,Encore Wire Corp
WXS,Wright Express Corp
ZOLT,Zoltek Companies Inc
ZRAN,Zoran Corp
ZUMZ,Zumiez Inc
ZVXI,Zevex Internat Inc
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