If you're a momentum investor looking for new ideas, the following list might interest you.
Here is a group of stocks that have reached new 52-week highs during recent sessions, and have experiencing significant inflows from institutional investors.
All of the companies in this list have the following characteristics:
- Market cap above $300M
- Reaching new 52-week high during recent trading sessions
- And experienced net institutional buying over the last two quarters
Taking this information into account, which of these stocks do you think has the most strength to continue the upward momentum?
1. Express Inc. (EXPR): Apparel Stores Industry. Market cap of $1.71B. On a net basis, institutional investors purchased 52.0M shares during the current quarter and 3.4M shares during the previous quarter. These flows represent 83.64% of the float.
2. Yanzhou Coal Mining Co. Ltd. (YZC): Industrial Metals & Minerals Industry. Market cap of $28.45B. On
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