For Immediate Release
Chicago, IL – November 13, 2019 – Stocks in this week’s article are Agnico Eagle Mines Limited AEM, Anixter International Inc. AXE, Vector Group Ltd. VGR, PennyMac Financial Services, Inc. PFSI and Kirkland Lake Gold Ltd. KL.
Bet on These 5 Momentum Stocks with Driehaus Strategy
The Driehaus strategy essentially uses the “buy high and sell higher” principle to select the best stocks that have the potential to substantially outperform the market. The success of this investment approach eventually helped Richard Herman Driehaus get a place in Barron’s All-Century Team.
The American Association of Individual Investors (AAII) proved that the strategy has the potential to offer high-than-market returns. AAII’s portfolio, which was based on the Driehaus strategy, has returned 324.3% since the end of the last bear market compared with more 87.3% gains registered by the S&P 500.
For the rest of this Screen of the Week article please visit Zacks.com at:https://www.zacks.com/stock/news/615645/bet-on-these-5-momentum-stocks-with-driehaus-strategy
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the “#1 site for screening stocks” by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They’re virtually unknown to the general public. Yet today’s 220 Zacks Rank #1 “Strong Buys” were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Anixter International Inc. (AXE): Free Stock Analysis Report
PennyMac Financial Services, Inc. (PFSI): Free Stock Analysis Report
Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report
Vector Group Ltd. (VGR): Free Stock Analysis Report
Kirkland Lake Gold Ltd. (KL): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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