This is one of the relatively new stocks screens that I have rolled out over the past month, which is useful for finding those stocks starting to catch some momentum to the upside. This is similar to its sister-screen that I call “Stocks That Are Breaking Down”. With earnings season in full-swing, you will want to make sure that you carefully note when the company is reporting so that you don’t get in prior to an earnings announcement and get pummelled as a result.
Zimmer Holdings (ZMH) and Pericom Semiconductor both look like they could see an upside breakout in the days ahead, particularly PSEM which has clearly broken above resistance.
Here are the 12 Stocks That Are Gaining Momentum.