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20-Apr-08

INSW: Micro cap growth stock makes new 52 wk highs on volume

Watchlist Idea for INSW.

This stock passes Louis Navellier's growth criteria with an AA. These criteria are: 1) Positive earnings revisions; 2) Positive earnings surprises; 3) Increasing sales growth; 4) Expanding operating margin; 5) Strong cash flow; 6) Earnings growth; 7) Positive earnings momentum; 8) High return on equity.

 

IBD gives this an overall rating of B+

 

I’m buying this on the open, 4/21. based on its high volume breakout above the buy price of  11.81, from a 6 -week sideways pattern.

 

Initial stop = 10.48. Eventual sell price to be determined by my trend following system .  Cap =57.  PSR =1.64.  RS =98.  Acc/Dis score =A.

Tagged Stocks: INSW

 

Posted at 18:36 in Watchlist Ideas  |   Permalink  |   Comments ()     |  Top

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