In his latest column for Nasdaq.com, Validea CEO John Reese says that at this stage in the bull market, high-quality growth stocks look attractive.
“When you get deeper into a bull market, the low-hanging, beaten-down value plays have rebounded, and investors tend to look more at fundamentals and quality,” Reese writes. “It’s no surprise then that, with the bull market now more than four years old, my Martin Zweig-based Guru Strategy — which runs a stock through a variety of strict earnings growth tests — has been one of my best performers in 2013. But what has been a bit of a surprise is the magnitude of its gains. While the S&P 500 is up about 23% year -to-date, my 10-stock Zweig-based portfolio has gained about 62%.”
Reese examines how the strategy works, and looks at five stocks the Zweig-based model is high on right now. Among them: Cognizant Technology Solutions Corporation.