Momentum Growth Champions
This screener identifies stocks demonstrating consistent net profit growth across multiple quarters, combined with a favorable price action and valuation metrics. The stocks are filtered based on increasing quarterly net profits, solid EPS growth over 3 and 5 years, and a reasonable PEG ratio to ensure a balance between growth and value. The query is designed with an appropriate combination of Mark Minervini's trading principles, focusing on strong earnings momentum, and the GARP (Growth at a Reasonable Price) method, which emphasizes buying growth stocks at a reasonable valuation. This screener looks for: Consistent net profit growth across the last four quarters and year-over-year comparison. Stocks that are trading at least 40% above their 52-week low and no more than 40% below their 52-week high. A market capitalization above ₹1000 crore for liquidity and stability. A PEG ratio between 0 and 2 to capture growth at a reasonable price. EPS growth rates of more than 15% over the past 3 and 5 years to ensure strong financial performance.
by Gaurav