Key Takeaways Amazon is among 41 stocks flagged by the Driehaus momentum screen focused on rising prices and earnings trend.MSFT fits the strategy with positive 50-day averages, strong relative strength, and an earnings growth focus. NU posted a 5.3% average earnings surprise over the past four quarters, reinforcing its momentum profile.This year, savvy investors seeking outsized returns should focus on Wall Street’s strongest momentum leaders. To uncover stocks with additional upside, they can apply Richar ...

Core Insights - November is traditionally a strong month for the stock market, and the artificial intelligence (AI) sector is projected to grow rapidly, reaching a market size of US$1.68 trillion by 2031, with a CAGR of 36.89% from this year [1] Group 1: AI Sector Growth - The AI sector is experiencing significant growth, making it a focal point for investors looking for opportunities in AI-driven stocks [1] - Companies like QUALCOMM, Microsoft, and Meta Platforms are highlighted as momentum picks for November, benefiting from the sector's growth [2][9] Group 2: Driehaus Investment Strategy - The Driehaus strategy, known as "buy high and sell higher," emphasizes investing in stocks that are increasing in price rather than those in decline [3] - Key criteria for this strategy include strong earnings growth rates, impressive earnings projections, and a history of beating estimates [5] Group 3: Screening Parameters - Stocks are screened based on Zacks Rank (1-3) and Momentum Score (A or B), which have shown to provide the best upside potential [6][7] - Specific parameters include last 5-year average EPS growth rates above 2%, trailing 12-month EPS growth greater than 0, and positive percentage change in the 50-day moving average [8][10] Group 4: Selected Stocks - QUALCOMM (QCOM) has a Zacks Rank of 3 and a Momentum Score of A, with an average trailing four-quarter earnings surprise of 6.2% [10] - Microsoft (MSFT) holds a Zacks Rank of 3 and a Momentum Score of B, with an average trailing four-quarter earnings surprise of 8.5% [11] - Meta Platforms (META) has a Zacks Rank of 2 and a Momentum Score of B, with an average trailing four-quarter earnings surprise of 18.9% [12]