Dell & 2 Momentum Stocks to Buy Now for Explosive Upside

Key Takeaways Based on the Driehaus momentum-investing approach, Dell Technologies Inc. (DELL Quick QuoteDELL - Free Report) , KE Holdings Inc. (BEKE Quick QuoteBEKE - Free Report) and The Vita Coco Company, Inc. (COCO Quick QuoteCOCO - Free Report) have emerged as strong momentum stocks, offering attractive entry opportunities for investors now. Inside the Driehaus Strategy: Identifying High-Momentum Stocks It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator — positive relative strength — has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading above its 50-day moving average, signaling an uptrend. Moreover, AAII found that Driehaus primarily focuses on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was designed to provide better returns over the long term. Research Wizard's Stock Screening Methodology • Zacks Rank equal to #1 No matter whether the market is good or bad, stocks with a Zacks Rank #1 have a proven history of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here. • Last 5-year average EPS growth rates above 2% Strong EPS growth history ensures an improving business • Trailing 12-month EPS growth greater than 0 and industry median Higher EPS growth compared to the industry average indicates superior earnings performance • Last four-quarter average EPS surprise greater than 5% Solid EPS surprise history indicates better price performance • Positive percentage change in 50-day moving average and relative strength over 4 weeks Positive percentage change in the 50-day moving average and the relative strength signal an uptrend • Momentum Score equal to or less than B A favorable momentum score indicates that capitalizing on the momentum is ideal and carries the highest probability of success. These few parameters have narrowed the universe of more than 7,743 stocks to only 19. Here are three of the 19 stocks: Dell TechnologiesKE Holdings The Vita Coco Company Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >>