5 Double Digit Growth Stocks

Today I wanted to find 5 great growth stocks.  I used a list of stock  analysts estimated would have growth in both revenue and earning of at least 10% for the next 5 years.  I used Barchart to sort the stocks first by the highest Weighted Alpha, then again for technical buy signals of 80% or more.  I always use the Flipchart feature to review the charts for consistent price appreciation.  Today's Watch List includes:

Align Technologies (ALGN), IPG Photonics (IPGP), Cognex (CGNX), Nvidia (NVDA), Pinnacle Entertainment (PNK)

Align Technologies (ALGN)

Barchart technical indicators:

• 201.99+ Weighted Alpha
• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 11.22% in the last month
• Relative Strength Index 78.47%
• Technical support level at 253.56
• Recently traded at 262.42 with a 50 day moving average of 215.05

IPG Photonics (IPGP)

Barchart technical indicators:

• 163.94+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.53% in the last month
• Relative Strength Index 72.35%
• Technical support level at 240.42
• Recently traded at 240.70 with a 50 day moving average of 206.36

Cognex (CGNX)

Barchart technical indicators:

• 149.49+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 14.22% in the last month
• Relative Strength Index 75.88%
• Technical support level at 143.58
• Recently traded at 143.23 with a 50 day moving average of 124.72

Nvidia (NVDA)

Barchart technical indicators:

• 137.45+ Weighted Alpha
• 80% technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 6.08% in the last month
• Relative Strength Index 60.96%
• Technical support level at 215.37
• Recently traded at 214.14 with a 50 day moving average of 196.82

Pinnacle Entertainment (PNK)

Barchart technical indicators:

• 121.71+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 15.10% in the last month
• Relative Strength Index 78.45%
• Technical support level at 28.74
• Recently traded at 29.35 with a 50 day moving average of 24.80