Notes
What to buy: how to find, screen and rank the strongest stocks and industry groups.
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$NBIS ×NBIS has been showing up on my screens.
Going through today’s movers, I pulled it up again. A lot of us have been watching this one for a while, but look at those sales numbers.
That growth is insane.
Then you look at fund ownership: up 43% in the last reported quarter.
Apparently, I’m not the only one who’s been staring at that sales column.
Who else has this one on their radar?
Sometimes You Just Need to Keep It Simple
Look at the sales growth on NBIS.
It’s a high-relative-strength stock outperforming the major indexes and almost every stock in the market.
But why?
Quarter after quarter of triple-digit sales growth. And now look directly below it: fund ownership has been climbing dramatically right alongside it.
That’s not a coincidence.
We can make growth investing incredibly complicated with dozens of indicators, ratios, screens, and opinions.
But sometimes the question is much simpler:
If you’re looking for growth stocks, what tells you whether a company is actually growing?
Sales.
And not just one great quarter. You want rapid, sustained sales growth quarter after quarter.
NBIS has been putting up extraordinary numbers, with sales growth repeatedly running into the triple digits. At the same time, the number of funds owning the stock has climbed from roughly 100 to more than 800.
Institutions are noticing.
Sometimes the biggest opportunities are sitting right in front of us in the numbers.
Find the growth. Follow the strength. Then let price tell you when to act.
