ZOLT — this week’s best performing PowerRatings’ stock
Today’s
PowerRatings article looks at the best performing stock for the past five
days– Zoltek Companies
(
ZOLT |
Quote |
Chart |
News |
PowerRating).Â
The chart below shows that ZOLT had made a nice run from the mid $17’s up to
the $21 area before pulling back. Then on 8/22/06 ZOLT had a
PowerRating of 7, suggesting it was likely to outperform the S&P 500 over
the next five days.
Over the next five days ZOLT
gained 17.88%.
From 1995-2005, stocks rated 7 have outperformed the S&P 500 by a better than
4-1 margin over a five-day period. Stocks rated 8 have outperformed the S&P 500
by a better than 8-1 margin; stocks rated 9 have outperformed the S&P 500 by a
13-1 margin, and those stocks that have achieved a 10
PowerRating have
outperformed the S&P 500 by a 16.9-1 margin.
Over the same test period (1995-2005), stocks with a PowerRating of 1, 2 or 3 have underperformed the
S&P 500 over the next five-days. The 1’s have performed 4.9 times worse than the
S&P 500, the 2’s have performed worse than the S&P 500, and the 3’s have only
managed 90% of the S&P 500 performance.
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Darren Wong
Associate Editor
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Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding. Controlling risk through the use of protective stops is critical.
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