Nine Potential Breakout Stocks

Alan Brochstein identifies nine stocks with both price and fundamental momentum near their 52-week high

Stocks from the Russell 3000 index, with market cap > $500mm
3-month price return >6% (better than the market)
YTD price return >15% (better than the market)
12 month price return > 18% (better than the market)
5 year price return > 0% (S&P 500 is down 6%, so this is a great LT momentum indicator)
Price < 1.6X 52 week low (let’s not chase)
Price within 4% of 52 week high (this is what we are trying to eclipse)
2012 estimated EPS growth > 14%
Trailing 1-Year EPS growth >15%
Trailing 1-year sales growth > 10%