With thousands of names to choose from, how can you efficiently find the best stocks to buy and watch? This week, we focus on top-rated stocks with accelerated sales that you can buy for under $10.
We found four stocks that fit our criteria: Epsilon Energy, pollution control company Quest Resource, Ardmore Shipping and Argentine oil company YPF.
It's easier than you think to come up with your own list of potential winners. Just zero in on top growth stocks that fit your criteria with IBD's Screen of the Day and the IBD Stock Of The Day.
This resource is customizable, letting you choose earnings and sales growth, IPO dates, dividend yields, current quarter estimates and much more. In addition, the screener lets you limit your search to only growth stocks, value stocks or dividend stocks that meet your parameters.
Top-Rated Stocks: Energy And Pollution Control Firms Head List
Four names with perfect 99 Composite Ratings jump to the top of the accelerated sales scan for stocks under $10.
Quest Resource provides refrigerant reclamation and decontamination services to wholesalers. QRHC stock looks to be climbing the rear wall of a cup base formation with a buy point of 8.40. It holds a lofty 93 EPS Rating and, just last month, posted second-quarter earnings that rose 280% year over year. It also has a rising relative strength line.
Epsilon Energy took a hit on Tuesday, along with most oil stocks, after OPEC+ announced a moderate production cut.
Still, EPSN stock is forming a cup with handle with a buy point of 7.76. It is also trading above its 50- and 200-day moving averages while holding respectable 88 EPS and 94 RS Ratings.
Ardmore is an ocean shipping company with a fleet of more than 25 oil and chemical transports. This top-rated stock has a low 71 EPS Rating but just reported Q2 earnings that rose 465% year over year.
It also boasts a perfect 99 RS Rating.
ASC stock has nearly doubled in price since completing a cup in April and is trading just under the $10 mark.
State-owned Argentine oil company YPF continues to add points and is extended past its profit-taking zone from a double-bottom entry of 4.82. While the stock is trading above its 50- and 200-day lines, investors may want to consider taking profits and stepping to the sidelines.
Follow Michael Molinski on Twitter @IMmolinski
