For Immediate Release
Chicago, IL – October 16, 2018 - Stocks in this week’s article include: MCBC Holdings, Inc. MCFT, Portland General Electric Co. POR, Curtiss-Wright Corp. CW, Columbia Sportswear Co. COLM and Helen of Troy Ltd. HELE.
Screen of the Week of Zacks Investment Research:
5 Top-Ranked Momentum Picks Using Driehaus Strategy
Richard Herman Driehaus used the "buy high and sell higher" rule to create an investment approach. Investors, who have 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”) proved that the strategy has the potential to offer high returns. AAII’s portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. 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.
And that's what we're screening for today…
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/327911/5-topranked-momentum-picks-using-driehaus-strategy
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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
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Portland General Electric Company (POR) : Free Stock Analysis Report
Curtiss-Wright Corporation (CW) : Free Stock Analysis Report
Helen of Troy Limited (HELE) : Free Stock Analysis Report
MCBC Holdings, Inc. (MCFT) : Free Stock Analysis Report
Columbia Sportswear Company (COLM) : Free Stock Analysis Report
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