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Zacks.com featured highlights include Titan Machinery, Hawkins and PBF Energy

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For Immediate Release

Chicago, IL – September 7, 2022 – Stocks in this week’s article are Titan Machinery (TITN - Free Report) , Hawkins (HWKN - Free Report) and PBF Energy (PBF - Free Report) .

Buy These 3 Top Momentum Using Driehaus Strategy

Aggressive investors with an appetite for high risk may apply Richard Herman Driehaus' investing strategy for higher returns. The strategy focuses on the "buy high and sell higher" rule and tends to pick momentum stocks. No doubt, it's a successful investment strategy that helped Richard Driehaus make a place in Barron's All-Century Team.

To that end, Titan Machinery, Hawkins and PBF Energy have been selected as the momentum picks for the day using the Driehaus strategy.

A Look at Driehaus' Strategy

After a detailed study of the Driehaus' strategy, the American Association of Individual Investors (AAII) concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was created to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.

"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.

Here are three of the 11 stocks:

Titan Machinery represents a diversified mix of agricultural, construction and consumer products dealerships located in the upper Midwest. It has a Momentum Score of A. The trailing four-quarter earnings surprise for TITN is 59.5%, on average.

Hawkins distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries. It has a Momentum Score of A. The trailing four-quarter earnings surprise for HWKN is 23%, on average.

PBF Energy is a leading refiner of crude. It has a Momentum Score of A. The trailing four-quarter earnings surprise for PBF is nearly 78%, on average.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1976851/buy-these-3-top-momentum-stocks-using-driehaus-strategy

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.


See More Zacks Research for These Tickers


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Titan Machinery Inc. (TITN) - free report >>

PBF Energy Inc. (PBF) - free report >>

Hawkins, Inc. (HWKN) - free report >>

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