I hope everyone has enjoyed their weekend. I am profiling a stock I am currently long, it was a starter position @ $8.09. I'd figure I'd get this out of the way first and get to the good stuff fast...I am looking to add to my position.
I screen for stocks with extremely high Earnings and Sales growth! Here is how VIT shapes up:
96% Sales growth QoQ growth along with a 113.76% Earnings QoQ growth make VIT stand above the rest. John Boik profiled Monster Stocks and his research has found that many stocks show extremely high earnings and sales growth prior and during the run up.
Next thing that I love to see in a stock is its 52 week high is double that of its 52 week low. Why? I want a stock to prove itself prior to me being long the stock. As you can see here VIT meats this criteria.
Last but not least, lets go to the charts. Here is a weekly and daily chart of VIT:
I am looking for VIT to form a flat base here, I would like the base to be no deeper than 20% and it must form over a 5 week period. If I can get VIT to cooperate I will go long on the breakout with volume.
A special thanks to TeleChart 2007 for the Charts and Reuters for the Fundamental data.
Market Speculator
I screen for stocks with extremely high Earnings and Sales growth! Here is how VIT shapes up:
96% Sales growth QoQ growth along with a 113.76% Earnings QoQ growth make VIT stand above the rest. John Boik profiled Monster Stocks and his research has found that many stocks show extremely high earnings and sales growth prior and during the run up.
Next thing that I love to see in a stock is its 52 week high is double that of its 52 week low. Why? I want a stock to prove itself prior to me being long the stock. As you can see here VIT meats this criteria.
Last but not least, lets go to the charts. Here is a weekly and daily chart of VIT:
I am looking for VIT to form a flat base here, I would like the base to be no deeper than 20% and it must form over a 5 week period. If I can get VIT to cooperate I will go long on the breakout with volume.
A special thanks to TeleChart 2007 for the Charts and Reuters for the Fundamental data.
Market Speculator
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