Buy 5 Stocks With Recent Price Strength Amid Volatility

Market Overview - U.S. stock markets have experienced a significant rally in 2023, with the Dow, S&P 500, and Nasdaq Composite increasing by 13.8%, 26%, and 33.9% respectively [1] Stock Screening Criteria - Stocks with a percentage change in price over the last 12 weeks greater than 10% indicate momentum and reduce the risk of selecting stocks that may have gained attention due to overall market performance [4] - An average broker rating of 1 suggests strong optimism regarding the stock's future performance [5] - Stocks trading at more than 85% of their 52-week high indicate strong price resilience [6] - A percentage change in price over the last 4 weeks greater than zero shows recent upward movement [16] - Stocks must have a Zacks Rank of 1 (Strong Buy) to demonstrate a history of outperformance [17] - Stocks must be trading at a minimum price of $5 [18] Selected Stocks - Private Bancorp of America Inc. (PBAM): Offers a range of banking products and services in California, including checking and savings accounts, loans, and online banking services. The stock price surged by 15% in the past four weeks, with expected earnings growth of 5.6% for next year [7][25] - DXP Enterprises Inc. (DXPE): Provides innovative pumping solutions and supply-chain services. The stock price appreciated by 12% in the past four weeks, with expected earnings growth of 5.9% for next year [8][26] - Qifu Technology Inc. (QFIN): Operates as a credit-tech platform in China, providing credit-driven services. The stock price advanced by 10.6% in the past four weeks, with expected earnings growth of 12% for next year [9][20] - Carriage Services Inc. (CSV): A leading provider of death care services in the U.S., offering a range of funeral and burial services. The stock price gained 2.3% in the past four weeks, with expected earnings growth of 12.9% for next year [21][27] - Universal Technical Institute Inc. (UTI): Provides education programs in transportation, skilled trades, and healthcare. The stock price was up 0.2% in the past four weeks, with an expected earnings growth rate of 29.3% for the current year [10][22]