Thursday, August 7, 2008

Two More Quality Growth Stocks from Screen (CELG, MR)

I recently ran a Growth Screen and found two stocks at the top of the screen.

  1. Celgene (CELG): Biotech company has a forward PE of 33 and a 5 year estimated growth of 35.79%, for a low PEG of 0.92. Stock is near very near its 52 week high or has just broken above recent high.
  2. Mindray Medical (MR): Chinese Medical Device Company that operates in three segments: Patient Monitoring and Life Support, In-Vitro Diagnostic Products, and Medical Imaging Systems. It has a forward PE of 28 and a 5 year estimated growth rate of 39% for a low PEG of 0.72. The stock which has been public for less than 2 years, is near or has passed its all time high.

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