The Senate approved a bipartisan bill to end the 41-day government shutdown, with President Trump’s support. This boosted Wall Street, making it a good time to invest in momentum stocks like PODD, CLS, and INOD using the Driehaus strategy. This strategy focuses on stocks with positive relative strength and strong earnings growth rates.

The Driehaus strategy, known for “buy high, sell higher,” considers factors like the percentage 50-day moving average and positive relative strength. Companies with strong earnings growth rates and a history of beating estimates are preferred. Stocks with Zacks Rank #1 and Momentum Score of A or B are ideal for this strategy, showing the best upside potential.

To narrow down the stock selection, parameters like Zacks Rank #1, EPS growth rates, EPS surprise history, and positive percentage changes in moving averages are considered. A Momentum Score of B or less is preferred for taking advantage of momentum with high success probability. These parameters led to the identification of 13 stocks meeting the criteria, including PODD, CLS, and INOD.

Beyond Nvidia, the AI revolution is creating opportunities in little-known AI firms. These companies solve major problems and may offer more profitability in the future. Investors can explore the “2nd Wave” AI stocks for potential gains. For the latest recommendations from Zacks Investment Research, download the 7 Best Stocks for the Next 30 Days report.

Read more at NASDAQ: 3 Top Momentum Stocks to Buy as U.S. Shutdown Nears End