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For Immediate Release

Chicago, IL – November 29, 2021 – Stocks in this week’s article are Berry Global Group, Inc. BERY, Canadian Natural Resources Ltd. CNQ, Dillard's, Inc. DDS and Expeditors International of Washington, Inc. EXPD.

4 Momentum Picks Screened on Driehaus Strategy

Richard Herman Driehaus, renowned American businessman and fund manager, created an investment approach using the buy high and sell higher theory. This strategy is perfect for investors who have the propensity to take high levels of risk. Using this particular strategy, investors can buy momentum stocks. The eventual success of this investment strategy helped Driehaus earn a place in Barron’s All-Century Team.

Portfolios such as the American Association of Individual Investors (“AAII”) have proven time and again that the strategy has the potential to offer high returns. Thus, investors with a high-risk appetite may opt for this strategy.

To that end, Berry Global Group, Canadian Natural Resources, Dillard's and Expeditors International of Washington have been selected as the momentum picks for the day, using the Driehaus strategy.

A Detailed Look Into the Driehaus Strategy

After a detailed study of Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.

“I would much rather invest in a stock that’s increasing in price and take the risk that it may begin to decline than invest in a stock that’s already in a decline and try to guess when it will turn around,” Driehaus had said in an interview.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1832201/4-momentum-picks-screened-on-driehaus-strategy

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.