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Article: Zacks Recent Price Strength Strategy Highlights: Sourcefire, China Ritar Power Corp, J&J Snack Foods, Steven Madden.
- Article from:
- Business Wire
- Article date:
- August 21, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- This stock picking strategy looks for companies trading in the upper range of their 52-week highs that have attractive fundamental attributes. This strategy proves that "trend is your friend" with a +25.7% return versus +10.9% for the S&P 500 in 2006. This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's criteria are: Sourcefire, Inc. (NASDAQ: FIRE), China Ritar Power Corp (NASDAQ: CRTP), J&J Snack Foods Corp. (NASDAQ: JJSF), Steven Madden, Ltd. (NASDAQ: SHOO). View the entire list of stocks for the Recent Price Strength Profit Track at http://at.zacks.com/?id=1863.
Here are details about four ...