Couple of your favorite names show up on this scan...
;-)
The Fastest Growing Stocks on the Street
This search has only one purpose: to handily beat the major indexes with the strongest growth stocks on the planet. This search strategy seeks out companies that have shown the ability to grow revenues rapidly in the past on a consistent basis and are expected to grow earnings by at least 40 percent a year for the foreseeable future.
Notable stocks currently appearing in this search: Applied Micro Circuits {AMCC} and Netegrity {NETE}.
Symbol Name Group Options Trend Price
CYTC CYTYC CORP .MLR Options 24.110
NETE NETEGRITY INC .DSE Options 39.950
ISSX INTERNET SEC SYS INC .INT Options 56.060
CELG CELGENE CORP .DBI Options 22.990
AMCC APPLIED MICRO CIRCUITS CORP CDT-COM .ESE Options 23.510
****Sub-note on the success of this scan...
With returns like that, the search must have found numerous 10 baggers (stocks that have gained over 1000 percent), right? You better believe it! This search pulled up four of them: I2 Technologies, with a 2,147.9 percent return, Veritas, with a 1090.8 percent return, IDEC Pharmaceuticals, with a 1452.7 percent return, and Broadvision, with a 1704.7 percent return. Besides these few powerful performers, there were very few losers that made it into this search, which definitely helped the results. As a case in point, all six stocks that appeared in the two-year backtest showed gains. The bottom line of this search is that it is very selective, and it is this selectivity that appears to weed out big losers and select a few elite growth stocks. |
