Are You Tracking These 8 Stocks With Triple-Digit Earnings Growth? – Investor’s Business Daily

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What ultimately drives a stock higher? Heavy buying by mutual fund managers and other institutional investors. And what is a key factor that attracts the interest of fund managers? Explosive earnings growth.

Here’s a list of eight stocks that posted triple-digit EPS gains last quarter and saw a rising number of funds buying shares over that same period.

To make the list, each stock also has to trade at least 300,000 shares per day on average and have a 90 or higher Composite Rating, meaning it’s outperforming 90% of all stocks in terms of the most important fundamental and technical stock-picking criteria. 

While not all of these stocks are currently forming a base or near a proper buy zone, keep an eye on them to see if they continue to post strong growth and if the number of funds with a position continues to rise.

Data as of 6/1/2016

Triple-Digit Earnings Gainers (Created and generated by MarketSmith)

Remember to research stocks further before making any investing decision, including reviewing the company’s fundamentals in IBD Stock Checkup and overall market conditions with The Big Picture.

Excerpt from the IBDextra Newsletter