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Active investors could find this strategy rewarding
Today, my strategy searches for these growth and momentum stocks within the large cap U.S. stock universe. This strategy aims to capitalize on the upside while still being able to withstand volatility. This strategy ranks stocks based on four factors:Related: Should I buy my U.S. stocks in Canadian dollars?
Related: U.S. earnings beaters are gold for your portfolio
One last cautionary word is that the turnover for this strategy is fairly high at just over 100%. What that means is were you to follow this model, on average you would be selling and replacing all 20 stocks in your portfolio each year. Note that certain years can have higher turnover and others can have lower turnover as this is an average.
The 20 stocks that qualify for purchase today are listed below. As always, it is advised that investors conduct their own independent research before buying or selling any security.
| Rank | Company | Symbol | Market Cap ($ Millions) | Quarterly Earnings Surprise (%) | Quarterly Earnings Momentum (%) | 5-Year Beta | Price Change Relative to 12M High (%) | Forward ROE ($/share) |
|---|---|---|---|---|---|---|---|---|
| 1 | Broadridge Fin Sol Inc | BR | 12373.51 | 28.75 | 12.00 | 0.93 | -0.64 | 47.81 |
| 2 | ABIOMED Inc | ABMD | 12636.00 | 29.03 | 22.09 | 0.19 | -1.20 | 22.19 |
| 3 | MSCI Inc | MSCI | 13357.20 | 8.78 | 9.34 | 0.88 | -0.57 | 138.05 |
| 4 | Take-Two Interactive | TTWO | 12691.35 | 35.85 | 14.32 | 0.94 | -14.17 | 34.03 |
| 5 | Zoetis Inc | ZTS | 39674.34 | 3.58 | 10.19 | 0.99 | -2.04 | 86.49 |
| 6 | Estee Lauder Cos Inc | EL | 52794.42 | 3.46 | 7.79 | 0.70 | -0.22 | 41.59 |
| 7 | Tapestry, Inc. | TPR | 14440.69 | 14.92 | 15.02 | 0.49 | -1.84 | 27.52 |
| 8 | Michael Kors Holding | KORS | 9378.69 | 36.72 | 2.88 | 0.15 | -11.84 | 35.22 |
| 9 | Yum! Brands Inc | YUM | 27069.89 | 12.90 | 5.70 | 0.74 | -6.35 | 32700.00 |
| 10 | Worldpay, Inc. | WP | 14825.14 | 0.80 | 8.28 | 0.58 | -1.99 | 129.42 |
| 11 | Brown Forman Corp CL B | BF.B | 25409.52 | 17.65 | 6.77 | 0.88 | -6.90 | 53.67 |
| 12 | Rollins Inc | ROL | 11380.49 | 2.13 | 4.82 | 0.21 | -0.10 | 40.66 |
| 13 | Southern Copper Corp. | SCCO | 42369.69 | 0.54 | 24.03 | 0.50 | -1.28 | 33.61 |
| 14 | AutoZone Inc | AZO | 17964.63 | 16.74 | 6.36 | 0.85 | -17.69 | 491250.00 |
| 15 | HEICO Corporation | HEI | 9241.72 | 16.97 | 6.62 | 0.71 | -1.40 | 17.96 |
| 16 | Fortinet, Inc. | FTNT | 9124.54 | 8.89 | 9.23 | 0.76 | -0.15 | 15.41 |
| 17 | TJX Companies Inc | TJX | 52247.15 | 1.81 | 7.30 | 0.66 | -2.55 | 59.81 |
| 18 | HCA Holdings, Inc. | HCA | 35448.74 | 6.45 | 3.66 | 0.46 | -5.18 | 87200.01 |
| 19 | Monsanto Company | MON | 54203.51 | 3.11 | 3.57 | 0.94 | -1.01 | 39.82 |
| 20 | Edwards Lifesciences | EW | 28934.96 | 2.38 | 5.27 | 0.61 | -0.51 | 32.03 |
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