Stock Score Report Weekly for Mar. 8

We continue to track the stock getting top rankings on InvestorsObserver’s new screening tool, the Stock Score Report. Each week we have highlighted five stocks that appear at or near the top of the rankings and take a closer look at where each are trading, and where analysts see shares moving.

The screening tool combines both technical and fundamental data to formulate an overall ranking that takes both into consideration. We like the approach because it allows us to narrow down the overall stock universe to a group of stocks that have not only shown past strength in the market but are also poised to build on those gains moving forward with strong underlying fundamentals.

Each week we have pulled out a diversified group of five stocks, which appear to have what it takes to build on their recent gains and continue to reward investors moving forward.

As market volatility rises, money will start to flow out of securities with high values and high risk and move more into stocks that have the strongest underlying fundamental data and recent stock performance.

Here are five stocks that rank high and should be able to build on their recent gains.

Medifast

Personal health retailer Medifast (MED) has been a strong outperformer over the last six months, with shares currently trading just shy of their all-time high. The company has a near perfect short-term technical ranking of 100, near perfect long-term technicals and strong fundamental scores, yielding an overall ranking of 94 from InvestorsObserver’s Stock Score Report. The company last reported earnings March 6, with results topping estimates on both the top and bottom line and drove the stock sharply higher. MED currently trades at $89.32, versus its $89.00 average price target, but analysts are likely to lift their targets after the recent earnings beat.

Click here to see a full copy of the report.

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Chart courtesy of www.stockcharts.com

Callaway Golf Company

Golf product leader Callaway Golf Company (ELY) has trended steadily higher over the last four years, and the stock is currently trading just shy of its 52-week high. The company has endured average earnings declines of 3.85% over the last five years, but the trend is reversing, with analysts expecting to see earnings growth of 32.1% during the current year, and by 30.9% per annum over the next five years. ELY gets an overall ranking of 90 from InvestorsObserver’s Stock Score Report, with incredibly high short and long-term technical scores. Analysts see more upside to the stock, with an average price target of $17.91, versus the current $16.05 trading price.

Click here to see a full copy of the report.

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Chart courtesy of www.stockcharts.com

Five Below

Specialty retailer Five Below (FIVE) has enjoyed big gains over the last year and based on the company’s current and future projected earnings growth, there is plenty of upside left in the stock. The company has grown earnings by 26.0% per annum over the last five years, and analysts forecast average annual growth of 29.5% for the next five years. The stock has strong scores across the board, with a near perfect 97 short-term technical score. FIVE gets an overall ranking of 88 from InvestorsObserver’s Stock Score Report. The company will report earnings on March 21, and a strong report should push shares to a new 52-week high. FIVE trades at $69.91 with a $75.89 average price target.

Click here to see a full copy of the report.

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Chart courtesy of www.stockcharts.com

Cypress Semiconductor

Like most stocks in the semiconductor sector, Cypress Semiconductor (CY) has shown a lot of strength over the last six months, and shares are currently trading just pennies below their 52-week high. CY is currently trading at $17.87, with an average price target of $19.96. The company has grown its earnings by 25.2% per annum over the last five years, and analysts expect to see earnings rise on average by 23.8% per year over the next five years. With strong technical and fundamental scores, CY gets an overall ranking of 87 from InvestorsObserver’s Stock Score Report.

Click here to see a full copy of the report.

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Chart courtesy of www.stockcharts.com

Mastercard

Credit card company Mastercard (MA) has been among the top-ranking stocks for some time, and with shares just below their all-time high it is not surprising that the stock gets very high technical scores. The fundamentals are also strong, giving MA an overall ranking of 86 from InvestorsObserver’s Stock Score Report. The company most recently reported earnings at the beginning of February, posting better than expected results for both the top and bottom line, which allowed the stock to avoid the selloff that most stocks experienced during the market correction. The company has grown earnings by 14.9% per year over the last five years and looking ahead analysts forecast per annum earnings growth of 20.3% for the next five years. Analysts remain upbeat, with an average price target of $186.10, versus its current price of $176.75.

Click here to see a full copy of the report.

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Chart courtesy of www.stockcharts.com