Equity investors find few things more reassuring than a stock with a solid track record. And while past performance is no guarantee of future results, of course, a history of steadily rising profits over a number of years can serve as a good signal of the strength of a company's business.
Along those lines, we set out to uncover some long-term winners in this week's screen. But we also wanted a little something extra. So, in addition to a typical earnings-growth filter -- in this case, five years of consecutive gains in earnings per share -- we wanted to find those companies that had stepped up the pace in a big way. So we looked for outfits that had year-over-year EPS growth of more than 50% for the last full fiscal year of that period -- and also in their most recent fiscal quarters.
Finally, to make sure that these names on the list were stable, liquid companies, all had to have a market cap above $500 million. When we finished running the numbers, these 10 names emerged:
Steady EPS Growth with a Late Kick
Cognizant Tech Solutions