Palantir and 2 High-Momentum Stocks to Buy Now for Big Gains

Core Insights - Investors should focus on stocks with strong momentum for higher returns, utilizing Richard Driehaus's "buy high and sell higher" strategy to identify potential opportunities [1] Group 1: Driehaus Strategy Overview - The Driehaus strategy emphasizes investing in stocks that are increasing in price rather than those in decline, as articulated by Driehaus himself [2] - Key criteria for this strategy include the 50-day moving average and positive relative strength, indicating an uptrend in stock prices [3] Group 2: Screening Parameters - Stocks selected for this strategy should have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and a Momentum Score of A or B, which historically show better upside potential [5][6] - Additional screening parameters include: - Last 5-year average EPS growth rates above 2% [7] - Trailing 12-month EPS growth greater than 0 and above industry median [7] - Last four-quarter average EPS surprise greater than 5% [7] - Positive percentage change in the 50-day moving average and relative strength over 4 weeks [7] Group 3: Company Highlights - Palantir Technologies Inc. (PLTR): - Zacks Rank 2 and Momentum Score of B, with an average earnings surprise of 11.6% [8][10] - Develops software platforms for intelligence agencies [9] - Brinker International, Inc. (EAT): - Zacks Rank 1 and Momentum Score of B, with an average earnings surprise of 8.2% [11] - Operates casual dining restaurants [11] - Carpenter Technology Corporation (CRS): - Zacks Rank 2 and Momentum Score of A, with an average earnings surprise of 9.2% [12] - Manufactures and distributes specialty metals globally [12]