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Zacks.com featured highlights Ethan Allen Interiors, Global Partners, LPL Financial and Esquire Financial
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For Immediate Release
Chicago, IL – November 15, 2022 – Stocks in this week’s article are Ethan Allen Interiors Inc. (ETD - Free Report) , Global Partners (GLP - Free Report) , LPL Financial (LPLA - Free Report) and Esquire Financial (ESQ - Free Report) .
4 Best Momentum Stocks to Buy Using Driehaus Strategy
Any investor with an appetite for high risk may apply Richard Herman Driehaus’ investing strategy for higher returns. The strategy focuses on the “buy high and sell higher” rule and tends to pick momentum stocks. No doubt, it’s a successful investment strategy that helped Richard Driehaus make a place in Barron’s All-Century Team.
To that end, stocks like Ethan Allen Interiors Inc., Global Partners, LPL Financial and Esquire Financial have been selected as the momentum picks for the day using the Driehaus strategy.
A Look at Driehaus’ Strategy
After a detailed study of Driehaus' strategy, American Association of Individual Investors (AAII) concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was created to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
“I would much rather invest in a stock that’s increasing in price and take the risk that it may begin to decline than invest in a stock that’s already in a decline and try to guess when it will turn around,” Driehaus had said in an interview.
Here are four of the 16 stocks:
Ethan Allen Interiors is a leading interior design company, and manufacturer and retailer of quality home furnishing. Ethan Allen Interiors has a Momentum Score of B. The trailing four-quarter earnings surprise for ETD is 36%, on average.
Global Partners is a Delaware limited partnership formed by the affiliates of the Slifka family. Global Partners owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. Global Partners has a Momentum Score of A. The trailing four-quarter earnings surprise for GLP is 287.2%, on average.
LPL Financial is a clearing broker-dealer and an investment advisory firm. LPL Financial has a Momentum Score of A. The trailing four-quarter earnings surprise for LPLA is 9.1%, on average.
Esquire Financial is a bank holding company. It provides banking products and services to law professionals, professional service firms, small to mid-sized businesses and individuals primarily in the United States. Esquire Financial has a Momentum Score of B. The trailing four-quarter earnings surprise for ESQ is 6.4%, on average.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
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 >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks.com featured highlights Ethan Allen Interiors, Global Partners, LPL Financial and Esquire Financial
For Immediate Release
Chicago, IL – November 15, 2022 – Stocks in this week’s article are Ethan Allen Interiors Inc. (ETD - Free Report) , Global Partners (GLP - Free Report) , LPL Financial (LPLA - Free Report) and Esquire Financial (ESQ - Free Report) .
4 Best Momentum Stocks to Buy Using Driehaus Strategy
Any investor with an appetite for high risk may apply Richard Herman Driehaus’ investing strategy for higher returns. The strategy focuses on the “buy high and sell higher” rule and tends to pick momentum stocks. No doubt, it’s a successful investment strategy that helped Richard Driehaus make a place in Barron’s All-Century Team.
To that end, stocks like Ethan Allen Interiors Inc., Global Partners, LPL Financial and Esquire Financial have been selected as the momentum picks for the day using the Driehaus strategy.
A Look at Driehaus’ Strategy
After a detailed study of Driehaus' strategy, American Association of Individual Investors (AAII) concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was created to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
“I would much rather invest in a stock that’s increasing in price and take the risk that it may begin to decline than invest in a stock that’s already in a decline and try to guess when it will turn around,” Driehaus had said in an interview.
Here are four of the 16 stocks:
Ethan Allen Interiors is a leading interior design company, and manufacturer and retailer of quality home furnishing. Ethan Allen Interiors has a Momentum Score of B. The trailing four-quarter earnings surprise for ETD is 36%, on average.
Global Partners is a Delaware limited partnership formed by the affiliates of the Slifka family. Global Partners owns, controls or has access to one of the largest terminal networks of refined petroleum products in New England. Global Partners has a Momentum Score of A. The trailing four-quarter earnings surprise for GLP is 287.2%, on average.
LPL Financial is a clearing broker-dealer and an investment advisory firm. LPL Financial has a Momentum Score of A. The trailing four-quarter earnings surprise for LPLA is 9.1%, on average.
Esquire Financial is a bank holding company. It provides banking products and services to law professionals, professional service firms, small to mid-sized businesses and individuals primarily in the United States. Esquire Financial has a Momentum Score of B. The trailing four-quarter earnings surprise for ESQ is 6.4%, on average.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2017641/4-best-momentum-stocks-to-buy-using-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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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.