For Immediate Release
Chicago, IL – August 7, 2020 – Stocks in this week’s article are Boise Cascade Company (
BCC Quick Quote BCC - Free Report) , Century Communities, Inc. ( CCS Quick Quote CCS - Free Report) , Emergent BioSolutions Inc. ( EBS Quick Quote EBS - Free Report) and Deckers Outdoor Corporation ( DECK Quick Quote DECK - Free Report) . 4 Solid Momentum Plays Based on Driehaus Strategy
Investors who have the tendency to take a high level of risk can choose momentum stocks. In this context, we have focused on the Driehaus strategy — based on the “buy high and sell higher" principle — to select the best momentum stocks. The success of this particular investment approach eventually helped Richard Herman Driehaus secure a place in Barron’s All-Century Team.
The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high returns. Thus, investors with a high-risk appetite might give the Driehaus strategy a thought to boost returns.
A Look at Driehaus’ Strategy
After a detailed study of the Driehaus’ strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick the potential outperformers. While this strategy was made 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.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1036986/4-solid-momentum-picks-screened-on-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.
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