Find companies with consistently above-average growth no matter what industry they might be in.
Find Stocks with Above-Average Growth
Average company growth can vary significantly by industry group, but quality companies in lower-growth industries can add stability and lessen risk in your portfolio.
The ICLUB Growth pre-defined screen is meant to find companies that have consistent earnings per share and revenue growth that is higher than the average for each company's industry group using the following:
* Historical earnings per share and revenue growth over the past one, three, and five years at an average annual rate higher than the average rate for each company's industry group.
* A Quality Rating that is Acceptable (between 3.3 and 6.6) or Desirable (between 6.7 and 10.0).
By looking at growth rates over various periods, this screen will turn up companies that may be industries that have been affected by an industry turndown or economic cycle. In those cases, the strongest companies often are less affected by these factors, so their EPS or revenues may not decline as severely as some of their peers.
This screen has no valuation metrics assigned to it, so further study is required to determine if any of these stocks are reasonable prices at the current time.
As with all stock screens, you must continue on with your own research in order to validate the results before reaching a conclusion and making any purchase for your portfolio.
View the screen.
