Finding companies with the criteria you want isn’t always easy. You could spend hours searching ticker after ticker, only to find companies which aren’t worthy of your hard earned cash. An easier way to navigate through this is by using
high quality stock screeners. Screening helps investors narrow down companies to invest in based on their ability to meet every criteria selected. Any company who misses even one of the criteria requirements will be filtered out.
This lets one easily choose ideal metrics. Screens are effective because they sift out bad stocks and only keep the cream of the crop in. It isn’t always easy to create an effective screen. Our
Zacks Premium Screens have helped with this, bringing profits to many investors over time. Our predefined criteria are chosen carefully to capture special kinds of companies. Today, we’ve dug up three stocks using one of our premium screens known as “Price & Earnings Estimate Momentum”. Some of the metrics of this screen requires a stock to have a Zacks Rank #2 (Buy), a Momentum Style Score of “B” or greater, and a positive change in quarterly earnings estimates over the last four weeks. One other screening criterion I added allowed me to search for companies within the tech sector. This space of the market impacts and changes the way things are done in every sector of the market, so it is reasonable to assume that higher levels of growth can be achieved in the tech industry over the long run. Infoblox Inc-
Infoblox Inc. is an automated network controller that provides appliance-based solutions which enable dynamic networks and next-generation data centers. Its products automate key network control processes and network change and configuration management processes. BLOX stock is a Zacks Rank #2 (Buy) and shares have gone up by 19.5% over the last four weeks.
Infoblox has a Momentum Score of “A”, and rightfully so. The company’s stock has climbed up by 12% since the 30
th of August. Over the last month, our quarterly EPS consensus estimate has gone 86% higher, and it currently sits at an estimate of -$0.02. Within the last two months, four analysts have revised their earnings estimates higher for BLOX. In that same span of time, no analysts have pushed their expectations downwards. Infoblox’s earnings are projected to grow by 160% this year.
Science Applications International Corporation-( SAIC Quick Quote SAIC - Free Report)
Science Applications International Corporation is a technology integrator in the technical, engineering, intelligence, and enterprise information technology markets. In addition to its commercial segment, the company provides services for domestic and foreign governments. SAIC stock is a Zacks Rank #2 (Buy) and it has a “B” for Value in our Style Scores.
Since June, Science Applications International Corporation’s stock has gained 20%. Year-to-date, shares are up about 46%. The vast price changes have been backed by solid fundamental performance from the company. Over each of the last four quarters, SAIC surpassed our earnings estimates by notable margins. In the last month, 9 analysts have revised their EPS estimates upwards for the current year. Over the last two months, there hasn’t been a single analyst pushing their estimates lower for the current year. Earnings are forecasted to grow by 16% this year. The corporation’s next quarterly report is expected to be released in early December.
Vocera Communications Inc-
Vocera provides mobile communication solutions for the healthcare industry, but it has a particular focus on servicing hospitals. Their products allow for hands-free voice communication, secure text messaging, patient engagement tools, and more. VCRA stock is a Zacks Rank #2 (Buy) and it gets an “A” for Growth as well as Momentum in our Style Scores.
Over the last 12 weeks, Vocera’s share price has climbed by a whopping 34%. In the last two trading sessions alone, VCRA has picked up over 5% in share value. Vocera is up 10.5% in the last month, and since then, two analysts have revised their EPS estimates upwards. No analysts revised their expectations lower in that time span. Vocera has a good track record for topping our quarterly estimate, and it has beaten our EPS consensus in each of the last four quarters. Across that time frame, it beat our estimate by an average of 28% per quarter. Vocera is expected to release its next quarterly earnings report in late October.
One magical screening ingredient which can’t be overlooked is a Zacks Rank #2 (Buy) or better. The rank helps to find companies which look like dependable earnings candidates. In addition to this great metric, the
Zacks Premium Screenshelp you to add other criteria to find the most superior investment choices. While this article outlined potential candidates from one screen, the Zacks Premium service gives you access to the “ Price & Earnings Estimate Momentum” and 45 other premium screens designed to give you superior investment returns.
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