Dorian Shares Power Higher with Inflows
Institutional volumes reveal plenty. Over the past year, LPG’s stock has jumped as volumes picked up. That’s indicative of healthy institutional support.
Each green bar signals unusually large volumes in LPG shares, pushing the stock higher:
Plenty of energy names are under accumulation right now. But there’s a powerful fundamental backdrop going on with Dorian.
Dorian Fundamental Analysis
Institutional support coupled with a healthy fundamental backdrop makes this company interesting. As you can see, LPG has had positive sales & earnings growth in recent years:
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3-year sales growth rate (+7.9%)
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3-year EPS growth rate (+42.2%)
Source: FactSet
Now it makes sense why the stock has been powering higher. Dorian is an earnings powerhouse.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long-term.
Dorian has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report many times. The blue bars below shows when LPG was a top pick:
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit.
Dorian Price Prediction
The LPG rally began many months ago. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in LPG at the time of publication.
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This article was originally posted on FX Empire