I was watching Mad Money with Jim Cramer today and he discussed a very interesting topic. The gist of it was that stocks which are hitting 52 week highs and pullback on big market down days tend to rebound hard and fast when the market rallies.
As is typical with Jim, he doesn’t ever tell you how to actually find stocks that meet the criteria, so, I decided to show you how to create a stock screen that will return this exact basket of stocks.
Here’s the video, It’s in HD so this link will open a new web page:
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