For Immediate Release
Chicago, IL – September 30, 2021 – Stocks in this week’s article are AutoNation, Inc. (
AN Quick Quote AN - Free Report) , Byline Bancorp, Inc. ( BY Quick Quote BY - Free Report) , Kinder Morgan, Inc. ( KMI Quick Quote KMI - Free Report) and Echo Global Logistics, Inc. . 4 Top-Ranked Momentum Picks Using Driehaus Strategy
Richard Herman Driehaus used the "buy high and sell higher" rule to create an investment approach. Investors with a high level of risk appetite may think of using this particular investment strategy. Investors principally invest in momentum stocks using the Driehaus strategy. The success of this investment approach eventually helped Richard Driehaus make a place in Barron’s All-Century Team.
Portfolios such as that of The American Association of Individual Investors (“AAII”) have proved time and again that the strategy has the potential to offer high returns. Thus, investors with a high-risk appetite may opt for this strategy.
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 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/1802396/4-top-ranked-momentum-picks-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.
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