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Spring Stock Guide // 2017 Q2

We’re excited to share some new changes to the MarketSmith Stock Guide.

We surveyed our customers and asked what they found useful and what
they’d like to see in future issues. Overwhelmingly, customers asked how
other MarketSmith users discover new stock ideas. They wanted more
screens, previews of new features, and ongoing tips and information to
improve their investing research.

We decided to focus this edition completely on customer success stories

and asked one of our favorite MarketSmith users to help tell them. Amy
Smith, IBD Market Commentator and author of How to Make Money in
Stocks Success Stories, talked with three MarketSmith users about their
recent stock successes and the screening criteria they use to surface
winning stocks.

Amy will be a permanent addition to our Stock Guide content team and
will be sharing more success stories from MarketSmith users. We hope you
learn from their stories so you can find greater investing success.

As always, if you have any questions or comments about your investing

research or any MarketSmith features, please call one of our product
coaches at (800) 831-2525 or email us at [email protected].
We’re here to help you make more money in the market.

Best Returns,

The MarketSmith Team

Download the MarketSmith App

Marketsmith.com // 2017 Q2 l Market Charts
S & P 500 INDEX
S&P 500 Index
CLOSE 2328.95

2400.98 2410

2360

2322.25
2310

2277.53
50 DAY
MOVING
AVERAGE 2260

2233.62
2210
2193.81

2160

2120.55
2111.05 200 DAY
2119.12 MOVING 2110
AVERAGE

2083.79
2060

2025.91
2010

1991.68
DAILY VOLUME AND 50-DAY AVERAGE DAILY VOLUME LINE
2.3 B

1.4 B

800 M

450 M

15 29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14

MAY JUN JUL AUG SEP OCT NOV DEC JAN 2017 FEB MAR APR

NASDAQ COMPOSITE
CLOSE 5805.15
NASDAQ Composite

5936.39
5950

5850

5769.39 5750

5650

50 DAY
MOVING 5550
AVERAGE

5450

5342.88
5371.89 5350

5250

5150

5097.80
200 DAY 5050
4969.32 4980.14 5034.41 MOVING
AVERAGE
4950

4850

4750

4678.38 4650

4574.25 4550

DAILY VOLUME AND 50-DAY AVERAGE DAILY VOLUME LINE

3.3 B

1.9 B

1.3 B

800 M

15 29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14

MAY JUN JUL AUG SEP OCT NOV DEC JAN 2017 FEB MAR APR

2
 Table of Contents
Market Charts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Customer Success Story - Abe Christensen . . . . . . . . . . . . . . . . . . . . . . . 4
29/29 Earnings Expectation* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Lam Research Corp (LRCX). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Coherent Inc (COHR). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Applied Materials Inc (AMAT) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Installed Building Prod (IBP). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Ultratech Inc (UTEK). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Northeast Bancorp (NBN). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9
Customer Success Story - Lee Tanner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Accelerating Growth*. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Coherent Inc (COHR). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Nanometrics Inc (NANO). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Applied Materials Inc (AMAT) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
D R Horton Inc (DHI). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Nvidia Corp (NVDA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
M K S Instruments Inc (MKSI). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Customer Success Story - Mike Zimmerman . . . . . . . . . . . . . . . . . . . . . . 16
100% Volume Increase* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
MiMedx Group Inc (MDXG). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
China Cord Blood Corp (CO) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Axovant Sciences Ltd (AXON). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Conatus Pharmaceuticals (CNAT). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Aehr Test Systems (AEHR) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Mimecast Limited (MIME) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
MarketSmith Features . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

*All screen results are computer-generated and were run on April 13, 2017.

3
Marketsmith.com // 2017 Q2 l Success Stories

Customer Success Story: ABE CHRISTENSEN

Apple’s Low Composite Rating Inspired

This Investor’s Winning Screen
Abe Christensen is one of the IBD Meetup Leaders from Sausalito,
California and has used MarketSmith since it launched in September 2010.
Abe has been an avid investor for many years, using IBD and Daily Graphs
prior to MarketSmith.

Abe has always looked for new, reliable data points to help him find solid
growth stocks. After trying a variety of screening criteria, Abe’s success
finding market winners really picked up when he added these parameters:

• Composite Rating of 99

• Using MarketSmith’s Pattern Recognition, stocks near

a pivot in a first or second stage base

• Relative strength line in new high ground ahead of the

price

Always looking to improve his results, Abe was inspired to buy Apple’s
powerful breakout in 2004. With a Composite Rating at a paltry 57, Abe
created a screen that would capture a stock that didn’t necessarily have a
high Composite Rating but still had great potential.

After several screening iterations, Abe developed the 29/29 screen. He

uses 29% expected EPS growth for the next quarter and 29% expected
growth for the next year. To refine the list a bit, Abe also added 20%
increase in revenues for the most recent quarter.

In June, 2016, Mobileye had been struggling for several quarters and

4
the Composite Rating was
lackluster. But it had earnings
projections above 29% for the
2nd quarter and for the full
year. This earned Mobileye
a spot on Abe’s watchlist
and when it began to rally up
off its lows in March/April,
2016, Abe began looking for a
proper buy point.

Following a first stage eight-

week double bottom base,
Mobileye shot up through its 50 DMA on June 17. Volume was 52%
greater than average and the RS line tilted up sharply around the 1 o’clock
position. Abe bought his full position that day and the next.

Of course, buying is just half the battle. Knowing when to sell a stock and
lock in profits is important for successful investing. Abe used a sell rule
found in How to Make Money in Stocks, by William O’Neil, “the first short
term correction”. Using MarketSmith Pattern Recognition to support his
decision-making, Abe sold Mobileye on July 28 when it achieved a 20% gain.

_________________________________________________________________________________

“As IBD Founder William O’Neil often said,

‘Never stop learning.”
– Abe Christensen

*All screen results are computer-generated and were run on April 13, 2017.

5
 29/29 Earnings Expectation

Look for stocks with current and forward

guidance of 29%+

Super stocks usually have a high Composite

Rating, but there are exceptions. Looking for
stocks with strong quarterly earnings as well as
expected growth for the coming year, can alert
investors to stocks that they might not have on
their radar otherwise.

Screen created by Abe Christensen, MarketSmith member since 2002

COMPANY (SYMBOL) INDUSTRY GROUP COMP RATING PAGE

Lam Research Corp (LRCX) Elec-Semiconductor Equip 99 7

Coherent Inc (COHR) Elec-Scientific/Msrng 99 7

Applied Materials Inc (AMAT) Elec-Semiconductor Equip 99 8

Installed Building Prod (IBP) Bldg-Maintenance & Svc 99 8

Ultratech Inc (UTEK) Elec-Semiconductor Equip 99 9

Northeast Bancorp (NBN) Banks-Northeast 99 9

Visit marketsmith.com/learn/stockguide to load the criteria for this and

other Stock Guide screens directly into your MarketSmith screener.

*All screen results are computer-generated and were run on April 13, 2017. This screen can also be found in the community
section of marketsmith.com.

6
Lam Research Corp (LRCX) Marketsmith.com // 2017 Q2 l Screens
* LAM RESEARCH CORP(LRCX) NASDAQ 162.8 SHRS / 161.2 FLT / AVG VOL 1.54MIL $125.17(OH -3%)
ELEC-SEMICONDUCTOR EQUIP lamresearch.com
MANUFACTURES ETCH AND CLEANING SYSTEMS USED IN WAFER FABRICA 7/16 EXPECTS Q1 FY17 NON-GAAP EARNINGS OF $1.67 TO $1.87 PER DILUTED SHARE ON REVENUES OF
TION EQUIPMENT FOR THE SEMICONDUCTOR INDUSTRY. $1.550 BIL TO 1.700 BIL.
SHORT INT 7.6 DAYS -4% GROWTH RATE +30% DEBT 57% 3.46 X BK VALUE FUNDS 54%
OPTIONS ON AM/MS EARNINGS STAB 21 NEW CEO INVENTORY TO. 6.1X BANKS 2%
UP/DOWN 1.2 EPS RANK 89 TIMELINESS A R&D 15.5% MGMT 0%
EX-DIV 3/6 PE 18 (0.9XS&P) ACC/DIST B RET ON EQUITY 20% ALPHA 0.1
YIELD 1.4% 5 YR PE 10 - 25 SMR RATING A CASH FLOW $7.77 BETA 1.45
EARNINGS (JUN) HI LO GROUP REL STR 99 RS EPS (C) (W) COMPOSITE RATING 99
34 UltraClean UCTT 99 77 PRICE
11$ 5.86 $ 59 QTR 1 QTR 2
12 2.08 45 31 Aehr Test AEHR 99 21 SCALE
13 2.22 55 35 BrooksAuto BRKS 97 81
14 4.36 85 48 Ichor Hldn ICHR 97 80 130.13
15 4.97 84 61 Xcerra Cor XCRA 96 52 130
16 6.29 110 63
QTR 4
17 9.27 EST +47% ↑
18 8.79 EST -5% ↑
119.14 120
QTR 3

113.20 110

102.44
100
95.77
93.80

93.69 90
89.80
83.83 88.13
92
80
79.15

DIVDIV
72.00 INCINC 70
-
O
60
R S LINE VS VOLUME
SP500 4.5 M

1.9 M

900 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/20 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 1.18 VS 1.40 -16% 1.80 VS 1.50 +20% 1.81 VS 1.82 -1% 2.24 VS 1.57 +43%
SALES MIL. $ 1314 VS 1393 -6% 1546 VS 1481 +4% 1632 VS 1600 +2% 1882 VS 1425 +32%
DIVIDEND-PE $0.30 13X -- 10X $0.30 14X -- 12X $0.30 15X -- 13X $0.45 17X -- 15X

Coherent Inc (COHR)

COHERENT INC(COHR) NASDAQ 24.6 SHRS / 24.1 FLT / AVG VOL 389810 $192.79(OH -7%)
ELEC-SCIENTIFIC/MSRNG coherent.com
MANUFACTURES LASERS, MEASUREMENT INSTRUMENTS, PRECISION OPTI 3/16 TO ACQUIRE ROFIN-SINAR TECHNOLOGIES INC, FOR $32.50 PER SHARE IN CASH OR ABOUT $942
CS, AND OTHER PHOTONICS-RELATED PRODUCTS MIL.
SHORT INT 2 DAYS -36% GROWTH RATE +8% DEBT 0% 5.20 X BK VALUE FUNDS 53%
OPTIONS ON PS EARNINGS STAB 12 NEW CEO INVENTORY TO. 4.6X BANKS 1%
UP/DOWN 0.9 EPS RANK 92 TIMELINESS A R&D 9.5% MGMT 1%
EX-DIV PE 31 (1.5XS&P) ACC/DIST B RET ON EQUITY 14% ALPHA 0.24
YIELD 5 YR PE 12 - 29 SMR RATING A CASH FLOW $5.83 BETA 1.26
EARNINGS (SEP) HI LO GROUP REL STR 92 RS EPS COMPOSITE RATING 99
Cognex CGNX 97 98 PRICE
11$ 3.46 $ 65 38 QTR 1 QTR 2
12 3.28 59 39 Novanta NOVT 95 92 SCALE
13 3.56 74 48 MOCON MOCO 93 83
14 3.19 76 54 IPGPhoton IPGP 90 90 208.62
15 3.89 69 52 ESCOTech ESE 85 63
200.53
16 4.75 139 56 200
QTR 4
17 9.86 EST +108% ↑
18 11.37 EST +15% ↑
QTR 3
180
179.60

160

140

120
112.09 113.83
98
99.82 98.49 100
101.24 100.01

86.32 80
81.00
- - - - - - - - -
O O O O O O O O O
60
VOLUME
R S LINE VS
SP500 1M

300 K

88 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/28 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 1.04 VS 0.94 +11% 1.07 VS 0.82 +30% 1.65 VS 1.25 +32% 2.57 VS 0.99 +160%
SALES MIL. $ 199.9 VS 203.7 -2% 218.8 VS 188.5 +16% 248.5 VS 209.6 +19% 346.1 VS 190.3 +82%
DIVIDEND-PE N/A 23X -- 15X N/A 25X -- 20X N/A 26X -- 22X N/A 29X -- 21X

7
Applied Materials Inc (AMAT)
APPLIED MATERIALS INC(AMAT) NASDAQ 1,079.8 SHRS / 1,069.0 FLT / AVG VOL 9.17MIL $37.52(OH -5%)
ELEC-SEMICONDUCTOR EQUIP appliedmaterials.com
MANUFACTURES DEPOSITION, INSPECTION AND ETCHING AND CLEANING 3/17 NAMED THOMAS J. IANNOTTI CHRMN, EFFECTIVE IMMEDIATELY, REPLACING WILLEM P.
EQUIPMENT USED IN IC AND FLAT PANEL DISPLAY FABRICATION. ROELANDTS WHO RETIRED.
SHORT INT 1.5 DAYS -6% GROWTH RATE +19% DEBT 44% 5.61 X BK VALUE FUNDS 42%
OPTIONS ON AM/MS EARNINGS STAB 30 NEW CEO INVENTORY TO. 5.6X BANKS 2%
UP/DOWN 1.5 EPS RANK 97 TIMELINESS A R&D 14.2% MGMT 0%
EX-DIV 5/23 PE 17 (0.9XS&P) ACC/DIST B RET ON EQUITY 26% ALPHA 0.16
YIELD 1.1% 5 YR PE 10 - 40 SMR RATING A CASH FLOW $2.17 BETA 1.46
EARNINGS (OCT) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 99
9 UltraClean UCTT 99 77 PRICE
11$ 1.30 $ 16 QTR 1 QTR 2
12 0.75 13 9 Aehr Test AEHR 99 21 SCALE
13 0.59 18 11 BrooksAuto BRKS 97 81
14 1.07 25 16 Ichor Hldn ICHR 97 80 39.81
Xcerra Cor XCRA 96 52 40
15 1.19 25 14
16 1.75 33 15
QTR 4
17 2.66 EST +52% ↑
18 2.85 EST +7% ↑
QTR 3
35

31.07
31.66
30

28.53
27.56
24.65 25

93

22.17
20
19.46

- - - - -
O O O O O
15
VOLUME
R S LINE VS 25 M
SP500
12 M

5M
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 5/19 QUARTER ENDED APR 30,16 QUARTER ENDED JUL 31,16 QUARTER ENDED OCT 31,16 QUARTER ENDED JAN 31,17
EARNINGS $ 0.34 VS 0.29 +17% 0.50 VS 0.33 +52% 0.66 VS 0.29 +128% 0.67 VS 0.26 +158%
SALES MIL. $ 2450 VS 2442 0% 2821 VS 2490 +13% 3297 VS 2368 +39% 3278 VS 2257 +45%
DIVIDEND-PE $0.10 19X -- 13X $0.10 22X -- 16X $0.10 23X -- 20X $0.10 22X -- 17X

Installed Building Prod (IBP)

* INSTALLED BUILDING PROD(IBP) NYSE 31.8 SHRS / 27.0 FLT / AVG VOL 155040 $50.60(OH -4%)
BLDG-MAINTENANCE & SVC installedbuildingproducts.com
PROVIDES NEW RESIDENTIAL INSULATION INSTALLATION SERVICES WI 3/17 TO ACQUIRE CUSTOM GLASS ATLANTA INC, ATLANTA COMMERCIAL GLAZING, AND 5 BRANCHES
TH OVER 100 LOCATIONS SERVING CUSTOMERS IN 48 STATES. THROUGHOUT THE SOUTHEASTERN U.S..
SHORT INT 3.8 DAYS -14% GROWTH RATE +88% DEBT 93% 10.44 X BK VALUE FUNDS 37%
OPTIONS ON EARNINGS STAB 10 NEW CEO INVENTORY TO. 24.8X BANKS 0%
UP/DOWN 2.1 EPS RANK 98 TIMELINESS A R&D N/A MGMT 1%
EX-DIV PE 38 (1.8XS&P) ACC/DIST A RET ON EQUITY 32% ALPHA 0.19
YIELD 5 YR PE 22 - 70 SMR RATING A CASH FLOW $2.13 BETA 1.51
EARNINGS (DEC) HI LO GROUP REL STR 87 RS EPS IPO 2/13/14 $11.00 COMPOSITE RATING 99
MYRGrp MYRG 93 82 PRICE
11$ -0.24 $ QTR 1 QTR 2
12 -0.14∆ Rollins ROL 85 84 SCALE
13 0.25 ABMIndust ABM 76 54
74 80 53.00
14 0.54 18 10 IES IESC
15 0.93 29 16 Servicemst SERV 64 94
16 1.38 44 17
QTR 4 50
17 2.22 EST +61% ↑
18 2.71 EST +22% ↑
QTR 3
44.30
43.30

38.97
40
39.95 40.00
37.44
36.65
35.59

32.91
95
30
30.75
30.16

26.00

R S LINE VS 20
SP500
VOLUME
300 K

134 K
64 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*5/5 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.21 VS 0.05 +320% 0.34 VS 0.23 +48% 0.38 VS 0.32 +19% 0.44 VS 0.34 +29%
SALES MIL. $ 191.7 VS 130.0 +48% 211.9 VS 159.7 +33% 225.4 VS 181.6 +24% 234.0 VS 191.5 +22%
DIVIDEND-PE N/A 31X -- 22X N/A 33X -- 26X N/A 35X -- 25X N/A 35X -- 24X

8
Ultratech Inc (UTEK) Marketsmith.com // 2017 Q2 l Screens
ULTRATECH INC(UTEK) NASDAQ 27.0 SHRS / 24.8 FLT / AVG VOL 378272 $28.97(OH -2%)
ELEC-SEMICONDUCTOR EQUIP ultratech.com
MANUFACTURES PHOTOLITHOGRAPHY AND LASER THERMAL PROCESSING E 2/17 TO BE ACQUIRED BY VEECO INSTRUMENTS, FOR $21.75 PER SHARE IN CASH AND 0.2675 IN STOCK
QUIPMENT USED IN THE FABRICATION OF INTEGRATED CIRCUITS. OR ABOUT $815 MIL.
SHORT INT 1.6 DAYS +36% GROWTH RATE DEBT 0% 2.14 X BK VALUE FUNDS 35%
OPTIONS ON AM/NY EARNINGS STAB NEW CEO INVENTORY TO. 3.3X BANKS 0%
UP/DOWN 1.0 EPS RANK 80 TIMELINESS A R&D 18.1% MGMT 7%
EX-DIV PE 31 (1.6XS&P) ACC/DIST B RET ON EQUITY 7% ALPHA 0.07
YIELD 5 YR PE 15 - 595 SMR RATING B CASH FLOW $1.19 BETA 1.43
EARNINGS (DEC) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 99
15 UltraClean UCTT 99 77 PRICE
11$ 1.47 $ 33 QTR 1 QTR 2
12 1.70 37 24 Aehr Test AEHR 99 21 SCALE
13 -0.27 43 23 BrooksAuto BRKS 97 81
14 -0.67 30 16 Ichor Hldn ICHR 97 80
15 0.13 21 13 Xcerra Cor XCRA 96 52
16 0.93 26 17
QTR 4 29.77 30
17 1.22 EST +31% ↓
18 1.52 EST +25% ↓
QTR 3

26.40
25.98

25
23.65
23.14
23.34

21.00
20.56 20.69 20

19.52 87

PM
- - - -
O O O O
15
R S LINE VS
SP500
VOLUME
450 K

140 K
52 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/21 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.10 VS 0.11 -9% 0.23 VS 0.21 +10% 0.29 VS -0.05 #+680% 0.31 VS -0.14 #+321%
SALES MIL. $ 45.2 VS 41.9 +8% 48.9 VS 45.9 +7% 48.6 VS 33.1 +47% 51.3 VS 28.3 +82%
DIVIDEND-PE N/A 172X -- 84X N/A 197X -- 156X N/A 206X -- 162X N/A 171X -- 43X

Northeast Bancorp (NBN)

* NORTHEAST BANCORP(NBN) NASDAQ 7.5 SHRS / 6.7 FLT / AVG VOL 26298 $15.30(OH -3%)
BANKS-NORTHEAST northeastbank.com
HOLDING COMPANY FOR NORTHEAST BANK OPERATING VIA TEN OFFICES
IN MAINE. 6/16 PRIVATELY PLACED $15,050,000 OF SUBORDINATED NOTES DUE 2026.

SHORT INT 1 DAYS +0% GROWTH RATE +44% DEBT 47% 0.99 X BK VALUE FUNDS 12%
OPTIONS ON EARNINGS STAB 36 NEW CEO INVENTORY TO. BANKS 0%
UP/DOWN 1.2 EPS RANK 90 TIMELINESS A R&D N/A MGMT 10%
EX-DIV 2/13 PE 16 (0.8XS&P) ACC/DIST B RET ON EQUITY 7% ALPHA 0.15
YIELD 0.3% 5 YR PE 12 - 123 SMR RATING B CASH FLOW $0.17 BETA 0.24
EARNINGS (JUN) HI LO GROUP REL STR 86 RS EPS COMPOSITE RATING 99
TwoRivrBan TRCB 97 98 PRICE
11$ 0.81∆ $ 17 8 QTR 1 QTR 2
12 0.15∆ 14 8 RpblcFrst FRBK 97 74 SCALE
13 0.44 10 9 Sussex SBBX 96 96
14 0.47 10 8 First Bank FRBA 96 86
MidPenn MPB 96 85 15.90 16
15 0.73 11 8
16 0.80 13 9
QTR 4
17 1.17 EST +46% ↑
18
QTR 3
14.75

14.35

14

12.75
12.95

12
11.72 11.78 91
11.64 11.60
11.54

10.86 10.85
+ 10.75
10.50 O
R S LINE VS
SP500 10
VOLUME
26 K

2K

29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*5/2 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.19 VS 0.18 +6% 0.24 VS 0.22 +9% 0.19 VS 0.20 -5% 0.35 VS 0.18 +94%
SALES MIL. $ 13.3 VS 12.5 +7% 15.2 VS 14.3 +7% 14.1 VS 12.8 +10% 17.0 VS 13.7 +25%
DIVIDEND-PE $0.01 14X -- 12X $0.01 15X -- 13X $0.01 15X -- 13X $0.01 17X -- 13X

9
Marketsmith.com // 2017 Q2 l Success Stories

Customer Success Story: LEE TANNER

Curious About Weibo, This Investor

Knew to Wait for the Proper Base
Lee Tanner became interested in stock investing in 1985. His father had
been a big fan of IBD Founder William O’Neil and Lee soon became an IBD
and Daily Graphs subscriber. Lee heads up the Petaluma, California IBD
Meetup group.

Lee began using MarketSmith when it launched in September 2010. It was

through the MarketSmith forum that Lee met Abe Christensen from the
Saulsalito IBD Meetup and the two friends have been exchanging investing
tips ever since. Since the two Meetup groups are within 30 miles of each
other, Abe is also a regular contributor to Lee’s group.

In fact, Lee has been using Abe’s 29/29 stock screen on a regular basis
to find high growth stocks. It was at the end of March 2016 that Lee first
noticed Weibo on the 29/29 screen.

The stock was forming a cup-shaped base. It was a bit deep at 41%, but
this was due to a market correction. Lee bought the stock early based on
quiet trading in the low of the handle April 1. He based the buy rule from
The Successful Investor by William O’Neil, which states that “professional
money managers get in even earlier around the bottom pullback point of
the handle when volume has subsided substantially.”

Weibo’s fundamental data was very strong, and the RS line had been
moving into new high ground. In addition, there were two weekly spikes
in volume showing professional buying the weeks of March 4 and March
11. Lee had been anxious to own this stock and made note of the quarterly
triple-digit earnings and high double digit sales numbers.

10
 Daily

Weibo earned a 215% gain from the low of the handle April 1 until it began
to pull back. It then began a new double bottom base from November 2016
– January 2017.

Besides the 29/29 screen, Lee runs an accelerating screen, looking for three
quarters of both accelerating EPS and sales growth. To further refine the
stocks, Lee adds another criteria, ATM (after tax margin), accelerating for 3
quarters. That cuts the results to about 1/3 of the above screen.

_________________________________________________________________________________

“Never give up, re-read Bill O’Neil’s

books; if investing was easy to master,
there would be no money to be made
doing it.” – Lee Tanner

*All screen results are computer-generated and were run on April 13, 2017.

11
 Accelerating Growth

Find stocks experiencing growth in revenue

and earnings

Historically, some of the market’s leading stocks

will show not only a strong EPS growth rate, but
an acceleration in both earnings and sales. In
Bill O’Neil’s book, How to Make Money in Stocks,
he writes “take particular note if the growth of
both sales and earnings has accelerated for the
last three quarters.”

Screen created by Lee Tanner, MarketSmith member since 2001

COMPANY (SYMBOL) INDUSTRY GROUP COMP RATING PAGE

Coherent Inc (COHR) Elec-Scientific/Msrng 99 13

Nanometrics Inc (NANO) Elec-Semiconductor Equip 99 13

Applied Materials Inc (AMAT) Elec-Semiconductor Equip 99 14

D R Horton Inc (DHI) Bldg-Resident/Comml 99 14

Nvidia Corp (NVDA) Elec-Semicondctor Fablss 99 15

M K S Instruments Inc (MKSI) Elec-Semiconductor Equip 99 15

Visit marketsmith.com/learn/stockguide to load the criteria for this and

other Stock Guide screens directly into your MarketSmith screener.

*All screen results are computer-generated and were run on April 13, 2017. This screen can also be found in the community
section of marketsmith.com.

12
Coherent Inc (COHR) Marketsmith.com // 2017 Q2 l Screens
COHERENT INC(COHR) NASDAQ 24.6 SHRS / 24.1 FLT / AVG VOL 389810 $192.79(OH -7%)
ELEC-SCIENTIFIC/MSRNG coherent.com
MANUFACTURES LASERS, MEASUREMENT INSTRUMENTS, PRECISION OPTI 3/16 TO ACQUIRE ROFIN-SINAR TECHNOLOGIES INC, FOR $32.50 PER SHARE IN CASH OR ABOUT $942
CS, AND OTHER PHOTONICS-RELATED PRODUCTS MIL.
SHORT INT 2 DAYS -36% GROWTH RATE +8% DEBT 0% 5.20 X BK VALUE FUNDS 53%
OPTIONS ON PS EARNINGS STAB 12 NEW CEO INVENTORY TO. 4.6X BANKS 1%
UP/DOWN 0.9 EPS RANK 92 TIMELINESS A R&D 9.5% MGMT 1%
EX-DIV PE 31 (1.5XS&P) ACC/DIST B RET ON EQUITY 14% ALPHA 0.24
YIELD 5 YR PE 12 - 29 SMR RATING A CASH FLOW $5.83 BETA 1.26
EARNINGS (SEP) HI LO GROUP REL STR 92 RS EPS COMPOSITE RATING 99
Cognex CGNX 97 98 PRICE
11$ 3.46 $ 65 38 QTR 1 QTR 2
12 3.28 59 39 Novanta NOVT 95 92 SCALE
13 3.56 74 48 MOCON MOCO 93 83
14 3.19 76 54 IPGPhoton IPGP 90 90 208.62
15 3.89 69 52 ESCOTech ESE 85 63
200.53
16 4.75 139 56 200
QTR 4
17 9.86 EST +108% ↑
18 11.37 EST +15% ↑
QTR 3
180
179.60

160

140

120
112.09 113.83
98
99.82 98.49 100
101.24 100.01

86.32 80
81.00
- - - - - - - - -
O O O O O O O O O
60
VOLUME
R S LINE VS
SP500 1M

300 K

88 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/28 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 1.04 VS 0.94 +11% 1.07 VS 0.82 +30% 1.65 VS 1.25 +32% 2.57 VS 0.99 +160%
SALES MIL. $ 199.9 VS 203.7 -2% 218.8 VS 188.5 +16% 248.5 VS 209.6 +19% 346.1 VS 190.3 +82%
DIVIDEND-PE N/A 23X -- 15X N/A 25X -- 20X N/A 26X -- 22X N/A 29X -- 21X

Nanometrics Inc (NANO)

NANOMETRICS INC(NANO) NASDAQ 25.2 SHRS / 23.5 FLT / AVG VOL 247812 $28.03(OH -9%)
ELEC-SEMICONDUCTOR EQUIP nanometrics.com
MANUFACTURES AUTOMATED AND INTEGRATED MEASUREMENT AND INSPEC 2/17 EXPECTS Q1 2017 ADJUSTED EARNINGS OF $0.19 TO $0.26 PER DILUTED SHARE ON REVENUES OF
TION SYSTEMS FOR SEMICONDUCTOR AND FLAT PANEL DISPLAY $56 MIL TO $61 MIL.
SHORT INT 1.7 DAYS -29% GROWTH RATE DEBT 0% 2.90 X BK VALUE FUNDS 50%
OPTIONS ON AM/NY EARNINGS STAB NEW CEO INVENTORY TO. 4.8X BANKS 0%
UP/DOWN 1.3 EPS RANK 80 TIMELINESS A R&D 14.2% MGMT 7%
EX-DIV PE 26 (1.3XS&P) ACC/DIST C RET ON EQUITY 13% ALPHA 0.2
YIELD 5 YR PE 12 - 142 SMR RATING A CASH FLOW $1.35 BETA 1.26
EARNINGS (DEC) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 99
11 UltraClean UCTT 99 77 PRICE
11$ 1.39 $ 21 QTR 1 QTR 2
12 0.22 20 12 Aehr Test AEHR 99 21 SCALE
13 -0.40 19 13 BrooksAuto BRKS 97 81
Ichor Hldn ICHR 97 80 30.82
14 -0.24 19 12
15 0.26 18 11 Xcerra Cor XCRA 96 52
30
16 1.08 26 12
QTR 4
17 1.20 EST +11% ↑
18 1.47 EST +22% ↑
27.05
QTR 3
25.69
25
23.61 24.81
24.52
22.73

21.42

20
18.95
19.43
18.65

17.00
93
15
14.85

- - - - - - - - -
O O O O O O O O O
R S LINE VS 10
SP500
VOLUME
300 K

100 K
38 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/26 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.16 VS 0.14 +14% 0.26 VS 0.08 +225% 0.33 VS 0.05 +560% 0.33 VS 0.01 +3200
SALES MIL. $ 47.5 VS 50.4 -6% 55.8 VS 48.6 +15% 58.7 VS 45.7 +29% 59.2 VS 42.7 +39%
DIVIDEND-PE N/A 100X -- 45X N/A 70X -- 52X N/A 74X -- 40X N/A 49X -- 27X

13
 Applied Materials Inc (AMAT)
APPLIED MATERIALS INC(AMAT) NASDAQ 1,079.8 SHRS / 1,069.0 FLT / AVG VOL 9.17MIL $37.52(OH -5%)
ELEC-SEMICONDUCTOR EQUIP appliedmaterials.com
MANUFACTURES DEPOSITION, INSPECTION AND ETCHING AND CLEANING 3/17 NAMED THOMAS J. IANNOTTI CHRMN, EFFECTIVE IMMEDIATELY, REPLACING WILLEM P.
EQUIPMENT USED IN IC AND FLAT PANEL DISPLAY FABRICATION. ROELANDTS WHO RETIRED.
SHORT INT 1.5 DAYS -6% GROWTH RATE +19% DEBT 44% 5.61 X BK VALUE FUNDS 42%
OPTIONS ON AM/MS EARNINGS STAB 30 NEW CEO INVENTORY TO. 5.6X BANKS 2%
UP/DOWN 1.5 EPS RANK 97 TIMELINESS A R&D 14.2% MGMT 0%
EX-DIV 5/23 PE 17 (0.9XS&P) ACC/DIST B RET ON EQUITY 26% ALPHA 0.16
YIELD 1.1% 5 YR PE 10 - 40 SMR RATING A CASH FLOW $2.17 BETA 1.46
EARNINGS (OCT) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 99
9 UltraClean UCTT 99 77 PRICE
11$ 1.30 $ 16 QTR 1 QTR 2
12 0.75 13 9 Aehr Test AEHR 99 21 SCALE
13 0.59 18 11 BrooksAuto BRKS 97 81
14 1.07 25 16 Ichor Hldn ICHR 97 80 39.81
96 52 40
15 1.19 25 14 Xcerra Cor XCRA
16 1.75 33 15
QTR 4
17 2.66 EST +52% ↑
18 2.85 EST +7% ↑
QTR 3
35

31.07
31.66
30

28.53
27.56
24.65 25

93

22.17
20
19.46

- - - - -
O O O O O
15
VOLUME
R S LINE VS 25 M
SP500
12 M

5M
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 5/19 QUARTER ENDED APR 30,16 QUARTER ENDED JUL 31,16 QUARTER ENDED OCT 31,16 QUARTER ENDED JAN 31,17
EARNINGS $ 0.34 VS 0.29 +17% 0.50 VS 0.33 +52% 0.66 VS 0.29 +128% 0.67 VS 0.26 +158%
SALES MIL. $ 2450 VS 2442 0% 2821 VS 2490 +13% 3297 VS 2368 +39% 3278 VS 2257 +45%
DIVIDEND-PE $0.10 19X -- 13X $0.10 22X -- 16X $0.10 23X -- 20X $0.10 22X -- 17X

D R Horton Inc (DHI)

* D R HORTON INC(DHI) NYSE 373.4 SHRS / 343.5 FLT / AVG VOL 3.81MIL $33.69(OH -2%)
BLDG-RESIDENT/COMML drhorton.com
BUILDS SINGLE-FAMILY DETACHED HOMES FOR FIRST-TIME AND MOVE-
UP HOME BUYERS IN 26 STATES AND 78 U.S. METROPOLITAN MARKETS 1/17 REAFFIRMED FY17 REVENUES GUIDANCE OF $13.4 BIL TO $13.8 BIL.

SHORT INT 2.5 DAYS -8% GROWTH RATE +46% DEBT 48% 1.85 X BK VALUE FUNDS 40%
OPTIONS ON AM/MS EARNINGS STAB 31 NEW CEO INVENTORY TO. 1.5X BANKS 1%
UP/DOWN 1.2 EPS RANK 96 TIMELINESS B R&D N/A MGMT 7%
EX-DIV 2/1 PE 13 (0.7XS&P) ACC/DIST B RET ON EQUITY 14% ALPHA -0.03
YIELD 1.2% 5 YR PE 11 - 78 SMR RATING B CASH FLOW $2.55 BETA 1.3
EARNINGS (SEP) HI LO GROUP REL STR 96 RS EPS (C) COMPOSITE RATING 99
8 CenturyCom CCS 91 97 PRICE
11$ 0.04∆ $ 13 QTR 1 QTR 2
12 0.67∆ 22 12 KBHome KBH 89 73 SCALE
13 1.33 27 17 Nvr NVR 88 91
14 1.50 25 19 TaylorMori TMHC 87 94 38
15 1.98∆ 33 22 PulteGrp PHM 87 93
16 2.36∆ 34 22
QTR 4
17 2.74 EST +16% ↑
18 2.99 EST +9% ↑ 36
QTR 3
34.56
34.06
34
33.26
32.51
32.10
31.90 32

29.69 30

29.14
28.82
28

74
27.15 27.21
DIV
26.69 26
INC
R S LINE VS
SP500 - - -
O O O
24
VOLUME
6.5 M

3M

1.3 M
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/21 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.52 VS 0.40 +30% 0.66 VS 0.60 +10% 0.75∆ VS 0.60∆ +25% 0.55 VS 0.42 +31%
SALES MIL. $ 2767 VS 2795 -1% 3231 VS 2950 +10% 3741 VS 3172 +18% 2904 VS 2416 +20%
DIVIDEND-PE $0.08 16X -- 11X $0.08 16X -- 13X $0.08 16X -- 13X $0.10 14X -- 11X

14
Nvidia Corp (NVDA) Marketsmith.com // 2017 Q2 l Screens
NVIDIA CORP(NVDA) NASDAQ 594.5 SHRS / 558.9 FLT / AVG VOL 16.91MIL $95.49(OH -21%)
ELEC-SEMICONDCTOR FABLSS nvidia.com
DESIGNS GRAPHIC PROCESSING UNITS USED IN PERSONAL COMPUTERS,
WORKSTATIONS, GAME CONSOLES AND MOBILE DEVICES. 2/17 EXPECTS Q1 FY18 REVENUES OF ABOUT $1.90 BIL PLUS OR MINUS TWO PERCENT.

SHORT INT 1.7 DAYS +11% GROWTH RATE +18% DEBT 35% 9.85 X BK VALUE FUNDS 41%
OPTIONS ON AM/MS EARNINGS STAB 17 NEW CEO INVENTORY TO. 11.4X BANKS 2%
UP/DOWN 0.8 EPS RANK 98 TIMELINESS B R&D 21.2% MGMT 5%
EX-DIV 2/22 PE 32 (1.6XS&P) ACC/DIST D RET ON EQUITY 36% ALPHA 0.36
YIELD 0.6% 5 YR PE 10 - 49 SMR RATING A CASH FLOW $3.48 BETA 1.15
EARNINGS (JAN) HI LO GROUP REL STR 73 RS EPS (C) COMPOSITE RATING 99
11 AdvaMcrDv AMD 99 68 PRICE
11$ 0.81 $ 26 QTR 1 QTR 2
12 1.19 16 11 Pixelwrks PXLW 98 34 SCALE
13 1.17 16 11 Exar EXAR 97 50
14 0.99 21 15 GSITech GSIT 96 80 120.92
96 40 119.93
15 1.42 33 18 Quicklogic QUIK 120
16 1.67 119 24
QTR 4
17 3.06 110.00
18 2.88 EST -6% ↑ 110
QTR 3
100
99.11
95.17 90

80

70
63.50
60
57.31
97 50

44.57 40
DIV
INC
34.40 30
- - - - - - - - - - - - - -
O O O O O O O O O O O O O O
20
VOLUME
R S LINE VS
SP500
13 M

6M
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 5/12 QUARTER ENDED APR 30,16 QUARTER ENDED JUL 31,16 QUARTER ENDED OCT 31,16 QUARTER ENDED JAN 31,17
EARNINGS $ 0.46 VS 0.33 +39% 0.53 VS 0.34 +56% 0.94 VS 0.46 +104% 1.13 VS 0.52 +117%
SALES MIL. $ 1305 VS 1151 +13% 1428 VS 1153 +24% 2004 VS 1305 +54% 2173 VS 1401 +55%
DIVIDEND-PE $0.12 23X -- 16X $0.12 32X -- 20X $0.12 37X -- 29X $0.14 49X -- 27X

M K S Instruments Inc (MKSI)

M K S INSTRUMENTS INC(MKSI) NASDAQ 53.9 SHRS / 52.8 FLT / AVG VOL 349140 $64.85(OH -7%)
ELEC-SEMICONDUCTOR EQUIP mksinst.com
MANUFACTURES MEASUREMENT INSTRUMENTS, CONTROL SYSTEMS, POWER 2/17 EXPECTS Q1 2017 ADJUSTED EARNINGS OF $0.93 TO $1.17 PER DILUTED SHARE ON REVENUES OF
/REACTIVE GAS GENERATORS, AND VACUUM COMPONENTS $385 MIL TO $425 MIL.
SHORT INT 8.3 DAYS -14% GROWTH RATE +17% DEBT 48% 2.81 X BK VALUE FUNDS 64%
OPTIONS ON NY/PH EARNINGS STAB 56 NEW CEO INVENTORY TO. 6.0X BANKS 0%
UP/DOWN 1.5 EPS RANK 94 TIMELINESS A R&D 8.5% MGMT 2%
EX-DIV 2/23 PE 22 (1.1XS&P) ACC/DIST D RET ON EQUITY 14% ALPHA 0.14
YIELD 1.1% 5 YR PE 11 - 63 SMR RATING A CASH FLOW $3.94 BETA 1.69
EARNINGS (DEC) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 99
20 UltraClean UCTT 99 77 PRICE
11$ 2.42 $ 33 QTR 1 QTR 2
12 1.04 34 22 Aehr Test AEHR 99 21 SCALE
13 0.87 31 24 BrooksAuto BRKS 97 81
14 1.90 37 26 Ichor Hldn ICHR 97 80 70.40
15 2.21 39 29 Xcerra Cor XCRA 96 52 68.85 70
16 3.03 61 30
QTR 4
17 4.16 EST +37% ↑
18 4.56 EST +10% ↑
QTR 3 64.45

60

54.72

50

46.51
45.85
44.82 92

38.86 40
39.32

35.02 - - - - - - - - -
O O O O O O O O O
30
VOLUME
R S LINE VS
SP500 600 K

250 K

114 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/25 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.38 VS 0.66 -42% 0.72 VS 0.62 +16% 0.88 VS 0.59 +49% 1.05 VS 0.34 +209%
SALES MIL. $ 183.7 VS 213.8 -14% 325.9 VS 218.0 +50% 380.7 VS 209.3 +82% 405.1 VS 172.4 +135%
DIVIDEND-PE $0.17 17X -- 13X $0.17 22X -- 17X $0.17 27X -- 21X $0.17 26X -- 21X

15
Marketsmith.com // 2017 Q2 l Success Stories

Customer Success Story: MIKE ZIMMERMAN

This Investor Finds Stocks That Hit on

Multiple Screens
An active investor, Mike Zimmerman leads the IBD Meetup in St. Louis
Missouri and began using MarketSmith in September 2010. Mike likes
using MarketSmith’s Pattern Recognition as it makes it easy to identify big
breakouts or secondary buy points.

As with Lee Tanner, Weibo also surfaced for Mike when he ran some of
MarketSmith’s preset screens. Weibo’s technical and fundamental action
caught Mike’s attention as it was forming a cup-shaped base in March
2016. Mike first noticed Weibo on a weekly chart in early March because
volume on both the daily and weekly charts moved sharply higher due
to a stellar earnings report. Professional buyers were beginning to take
positions in the stock.

Mike made note of the 5 quarters of triple-digit earnings prior to the

breakout in April. Weibo also
had a dominant position in
its industry group (Internet-
Content) with a “Twitter-like”
platform in China. Unlike
Twitter, Weibo’s model was
generating larger user growth
as small and medium-sized
businesses continued to
use Weibo to promote their
products.

*All screen results are computer-generated and were run on April 13, 2017.

16
Unfortunately, Mike learned an important lesson when he forgot to set
an alert and missed the actual breakout. It was still in the buy range so he
bought it the next day and held the position until it broke the 10-week
moving average in late October 2016. He sold half his position at that
point, and waited to see if Weibo would hold the 40-week line.

______________________________________________________________________________

“I’m always looking for strength, and

I tweak the parameters slightly on a
daily basis with some of the screens
based on how the market is acting.”
– Mike Zimmerman

17
 100% Volume Increase

Identify stocks experiencing institutional

support

The biggest winners often have volume

that spikes 100% or more on the
breakout or as the stock is building
the right side of a base. This display of
volume shows professional buying power
coming into a stock.

Screen created by Mike Zimmerman, MarketSmith member since 2001

COMPANY (SYMBOL) INDUSTRY GROUP COMP RATING PAGE

Mimedx Group Inc (MDXG) Medical-Products 89 19

China Cord Blood Corp (CO) Medical-Services 80 19

Axovant Sciences Ltd (AXON) Medical-Biomed/Biotech 68 20

Conatus Pharmaceuticals (CNAT) Medical-Biomed/Biotech 68 20

Aehr Test Systems (AEHR) Elec-Semiconductor Equip 64 21

Mimecast Limited (MIME) Computer Sftwr-Security 62 21

Visit marketsmith.com/learn/stockguide to load the criteria for this and

other Stock Guide screens directly into your MarketSmith screener.

*All screen results are computer-generated and were run on April 13, 2017. This screen can also be found in the community
section of marketsmith.com.

18
Mimedx Group Inc (MDXG) Marketsmith.com // 2017 Q2 l Screens
MIMEDX GROUP INC(MDXG) NASDAQ 108.8 SHRS / 93.6 FLT / AVG VOL 805630 $10.74(OH 0%)
MEDICAL-PRODUCTS mimedx.com
DEVELOPS BIOMATERIAL PRODUCTS AND ALLOGRAFTS PROCESSED FROM
HUMAN AMNIOTIC TISSUE FOR USE IN TISSUE REPAIR 2/17 TO REPURCHASE AN ADDL $10 MIL WORTH OF COMMON STOCK OUTSTANDING.

SHORT INT 35.2 DAYS +27% GROWTH RATE DEBT 0% 8.79 X BK VALUE FUNDS 27%
OPTIONS ON EARNINGS STAB NEW CEO INVENTORY TO. 19.4X BANKS 0%
UP/DOWN 1.6 EPS RANK 39 TIMELINESS C R&D 4.9% MGMT 14%
EX-DIV PE 45 (2.4XS&P) ACC/DIST A RET ON EQUITY 20% ALPHA 0.01
YIELD 5 YR PE 32 - 283 SMR RATING A CASH FLOW $0.27 BETA 1.84
EARNINGS (DEC) HI LO GROUP REL STR 74 RS EPS (C) (W) COMPOSITE RATING 89
Heska HSKA 99 78 PRICE
11$ -0.14 $ 1 0 QTR 1 QTR 2
12 -0.07 3 0 Lantheus LNTH 99 38 SCALE
13 -0.03∆ 8 1 Antares ATRS 99 30
14 0.05 11 4 Neovasc NVCN 98 1
15 0.21 13 6 OrasureTec OSUR 97 78
11
16 0.22 10 6
QTR 4
17 0.30 EST +36% ↓
18 0.36 EST +20% ↑
QTR 3
10.02
10

9.39

9
8.60
8.36

8
91
7.66 7.64

7.21 7
7.10
6.94

6.64 - - -
O O O
6
R S LINE VS VOLUME
SP500
1.8 M
800 K

350 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*4/25 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.04 VS 0.04 0% 0.05 VS 0.05 0% 0.06 VS 0.06 0% 0.07 VS 0.06 +17%
SALES MIL. $ 53.4 VS 40.8 +31% 57.3 VS 45.7 +26% 64.4 VS 49.0 +31% 69.9 VS 51.8 +35%
DIVIDEND-PE N/A 54X -- 36X N/A 44X -- 32X N/A 45X -- 33X N/A 48X -- 36X

China Cord Blood Corp (CO)

CHINA CORD BLOOD CORP(CO ) NYSE 73.0 SHRS / 14.6 FLT / AVG VOL 102382 $8.01(OH 0%)
MEDICAL-SERVICES chinacordbloodcorp.com
CHINESE PROVIDER OF UMBILICAL CORD BLOOD BANKING SERVICES IN
CHINA FOR POTENTIAL FUTURE THERAPEUTIC USE 12/16 Q3 FY17 INCLUDES A RMB 2.533 MIL FOR IMPAIRMENT LOSS ON AVAILABLE FOR SALE SECURITIES.

SHORT INT 2.1 DAYS -72% GROWTH RATE -7% DEBT 53% 2.21 X BK VALUE FUNDS 7%
OPTIONS ON EARNINGS STAB 8 NEW CEO INVENTORY TO. 25.0X BANKS 0%
UP/DOWN 3.5 EPS RANK 32 TIMELINESS C R&D 1.4% MGMT 24%
EX-DIV PE 37 (2.1XS&P) ACC/DIST A RET ON EQUITY 6% ALPHA 0.07
YIELD 5 YR PE 8 - 37 SMR RATING C CASH FLOW $0.31 BETA 0.19
EARNINGS (MAR) HI LO GROUP REL STR 76 RS EPS (C) COMPOSITE RATING 80
BioTelemet BEAT 98 99 PRICE
11$ 0.19 $ 4 1 QTR 1 QTR 2
12 0.28 3 2 CancerGent CGIX 98 51 SCALE
13 0.23 4 2 TivityHlth TVTY 98 34
14 0.26 5 3 AlliancImg AIQ 98 30
15 0.22 7 4 Air Method AIRM 89 50
16 0.19∆ 6 4 8
QTR 4
17 ↓
18
QTR 3

6.56
6.43

6
95
5.52

5
R S LINE VS 5.06
SP500 4.93

4.52

4.27
4
VOLUME
136 K
24 K

4K

29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 6/14 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.03 VS 0.04 -25% 0.03 VS 0.03 0% 0.03 VS 0.04∆ -25% 0.10∆ VS 0.10 0%
SALES MIL. $ 24.2 VS 26.3 -8% 26.0 VS 26.7 -2% 27.6 VS 27.0 +2% 28.9 VS 26.1 +11%
DIVIDEND-PE N/A 35X -- 27X N/A 31X -- 27X N/A 29X -- 25X N/A 34X -- 22X

19
 Axovant Sciences Ltd (AXON)
AXOVANT SCIENCES LTD(AXON) NYSE 105.9 SHRS / 22.2 FLT / AVG VOL 665692 $22.00(OH 0%)
MEDICAL-BIOMED/BIOTECH axovant.com
BERMUDA-BASED DEVELOPER OF THERAPEUTICS FOR THE TREATMENT OF 4/17 NAMED DAVID T. HUNG PRINCIPAL EXECUTIVE OFFICER, EFFECTIVE APRIL 7, 2017, REPLACING
ALZHEIMER'S DISEASE AND OTHER FORMS OF DEMENTIA. VIVEK RAMASWAMY WHO RESIGNED.
SHORT INT 19 DAYS +19% GROWTH RATE DEBT 0% 8.73 X BK VALUE FUNDS 17%
OPTIONS ON EARNINGS STAB NEW CEO 4/17 INVENTORY TO. BANKS 0%
UP/DOWN 2.0 EPS RANK 16 TIMELINESS C R&D N/A MGMT 3%
EX-DIV PE ACC/DIST A RET ON EQUITY N/A ALPHA 0.14
YIELD 5 YR PE 11 - 23 SMR RATING CASH FLOW $-1.34 BETA 2.07
EARNINGS (MAR) HI LO GROUP REL STR 98 RS EPS IPO 6/11/15 $15.00 COMPOSITE RATING 68
Evotec EVTCY 99 80 PRICE
11$ QTR 1 QTR 2
12 PhrmAth PIP 99 80 SCALE
13 Neothetics NEOT 99 58
14 Exelixis EXEL 99 52
15 RexahnP RNN 99 47
16 -1.34 $ 19 8
QTR 4
17 -1.81 EST ↑
18 -2.06 EST ↑
QTR 3
20

17.66 17.46

15.70 15.80
14.79 15
14.28 14.09
13.54

12.22
11.77
11.13 11.01 11.01
98
10.69 10

PPO
PO

5
R S LINE VS
SP500 VOLUME
1.8 M
550 K

144 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 6/6 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ -0.30 VS -0.38 VS -0.25 N/A -0.43 VS -0.15 N/A -0.48 VS -0.64 N/A
SALES MIL. $
DIVIDEND-PE N/A N/A N/A N/A N/A N/A N/A N/A

Conatus Pharmaceuticals (CNAT)

CONATUS PHARMACEUTICALS(CNAT) NASDAQ 26.2 SHRS / 15.4 FLT / AVG VOL 599650 $7.24(OH -1%)
MEDICAL-BIOMED/BIOTECH conatuspharma.com
DEVELOPS NOVEL MEDICINES FOR THE TREATMENT OF PATIENTS WITH
LIVER DISEASE. 2/17 NAMED CHARLES J. CASHION TO RESIGN AS CFO, EFFECTIVE MARCH 31, 2017.

SHORT INT 1.7 DAYS -52% GROWTH RATE DEBT 0% 8.70 X BK VALUE FUNDS 5%
OPTIONS ON EARNINGS STAB NEW CEO INVENTORY TO. BANKS 0%
UP/DOWN 0.9 EPS RANK 13 TIMELINESS C R&D 2539.7% MGMT 25%
EX-DIV PE ACC/DIST A RET ON EQUITY N/A ALPHA 0.54
YIELD 5 YR PE SMR RATING E CASH FLOW $-1.13 BETA 2.03
EARNINGS (DEC) HI LO GROUP REL STR 98 RS EPS IPO 7/25/13 $11.00 COMPOSITE RATING 68
11$ -0.73 $ Evotec EVTCY 99 80 QTR 1 QTR 2 PRICE
12 -0.54 PhrmAth PIP 99 80 SCALE
13 -0.97 11 5 Neothetics NEOT 99 58
14 -1.44 15 5 Exelixis EXEL 99 52
15 -1.30 11 2 RexahnP RNN 99 47
16 -1.31 6 1 QTR 4 8
17 -0.83 EST ↑
18 0.27 EST ↑
QTR 3

6.30
6
5.33

4.27 4
4.06

99
2.43 2.44 2.42 2.35 2.38
2.10
2
2.10
1.88 1.83
1.68 1.73
1.45

0
R S LINE VS
SP500 VOLUME
2.3 M

300 K
42 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE*5/5 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ -0.35 VS -0.38 N/A -0.30 VS -0.31 N/A -0.31 VS -0.31 N/A -0.35 VS -0.30 N/A
SALES MIL. $
DIVIDEND-PE N/A N/A N/A N/A N/A N/A N/A N/A

20
Aehr Test Systems (AEHR) Marketsmith.com // 2017 Q2 l Screens
AEHR TEST SYSTEMS(AEHR) NASDAQ 16.8 SHRS / 10.2 FLT / AVG VOL 472110 $4.45(OH -27%)
ELEC-SEMICONDUCTOR EQUIP aehr.com
MANUFACTURES WAFER TEST/BURN-IN SYSTEMS USED TO ANALYZE MEMO 2/17 RECEIVED A $4 MIL CONTRACT FROM A SUBCONTRACTOR FOR THE FOX-XP TEST AND BURN-IN
RY AND LOGIC ICS FOR THE SEMICONDUCTOR INDUSTRY. SYSTEMS.
SHORT INT 2.8 DAYS -35% GROWTH RATE DEBT -106.26 X BK VALUE FUNDS 1%
OPTIONS ON EARNINGS STAB NEW CEO INVENTORY TO. 2.0X BANKS 0%
UP/DOWN 4.5 EPS RANK 21 TIMELINESS C R&D 29.8% MGMT 38%
EX-DIV PE ACC/DIST B RET ON EQUITY N/A ALPHA 0.54
YIELD 5 YR PE 24 - 56 SMR RATING E CASH FLOW $-0.41 BETA 0.02
EARNINGS (MAY) HI LO GROUP REL STR 99 RS EPS COMPOSITE RATING 64
UltraClean UCTT 99 77 PRICE
11$ -0.37 $ 2 0 QTR 1 QTR 2
12 -0.41 1 0 BrooksAuto BRKS 97 81 SCALE
13 -0.30 3 0 Ichor Hldn ICHR 97 80
Xcerra Cor XCRA 96 52 6.10
14 0.11 3 1 6
15 -0.47 2 1 Cohu COHU 96 49
16 -0.44 3 0
QTR 4
17 -0.27 EST
18
QTR 3

4
3.58
3.42
3.29
3.15

2.75

2.51
2.23 2.15
2
99

.95
PPO
- - - - - - -
O O O O O O O
0
R S LINE VS VOLUME
SP500 450 K

30 K
2K

29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
*EPS DUE 7/26 QUARTER ENDED MAY 31,16 QUARTER ENDED AUG 31,16 QUARTER ENDED NOV 30,16 QUARTER ENDED FEB 28,17
EARNINGS $ -0.21 VS -0.13 N/A -0.03 VS 0.04 N/A -0.08 VS -0.06 N/A -0.14 VS -0.21 N/A
SALES MIL. $ 1.6 VS 1.8 -14% 5.3 VS 6.6 -20% 4.2 VS 4.6 -9% 2.7 VS 1.7 +60%
DIVIDEND-PE N/A N/A N/A N/A N/A N/A N/A N/A

Mimecast Limited (MIME)

MIMECAST LIMITED(MIME) NASDAQ 54.8 SHRS / 21.9 FLT / AVG VOL 227274 $22.97(OH -6%)
COMPUTER SFTWR-SECURITY mimecast.com
PROVIDES CLOUD SECURITY AND RISK MANAGEMENT SERVICES FOR COR
PORATE INFORMATION AND EMAIL TO A BROAD RANGE OF INDUSTRIES. 11/16 EXPECTS Q3 FY17 REVENUES OF $44.9 MIL TO $45.4 MIL.

SHORT INT 2.2 DAYS -38% GROWTH RATE DEBT 3% 16.13 X BK VALUE FUNDS 13%
OPTIONS ON EARNINGS STAB NEW CEO INVENTORY TO. BANKS 0%
UP/DOWN 1.1 EPS RANK 6 TIMELINESS C R&D 12.4% MGMT 60%
EX-DIV PE 157 (8.2XS&P) ACC/DIST B RET ON EQUITY 56% ALPHA 0.35
YIELD 5 YR PE 35 - 129 SMR RATING B CASH FLOW $0.32 BETA 1.32
EARNINGS (MAR) HI LO GROUP REL STR 41 RS EPS IPO 11/19/15 $10.00 COMPOSITE RATING 62
Auxilio AUXO 98 77 PRICE
11$ QTR 1 QTR 2
12 Symntc SYMC 93 55 SCALE
13 -0.26 $ Rapid7 RPD 87 46
14 -0.31 Checkpoint CHKP 86 87
15 0.01∆ 11 9 Fortinet FTNT 83 89
16 0.13 24 6
QTR 4
17 0.08 EST -38% ↓ 24.60 25
18 0.04 EST -50% ↓
QTR 3 22.85 23.10

20
18.15
19.12

16.75
15
14.53
12.15 98

10
9.50 PSO
SO
7.08
5
R S LINE VS
VOLUME
SP500 550 K

110 K
26 K
29 13 27 10 24 8 22 5 19 2 16 30 14 28 11 25 9 23 6 20 3 17 3 17 31 14
MAY JUN JUL AUG SEP OCT NOV DEC JAN 17 FEB MAR APR
EPS DUE 5/16 QUARTER ENDED MAR 31,16 QUARTER ENDED JUN 30,16 QUARTER ENDED SEP 30,16 QUARTER ENDED DEC 31,16
EARNINGS $ 0.04 VS 0.07 -43% 0.04 VS -0.03 #+233% 0.05 VS 0.06 -17% 0.01 VS 0.06 -83%
SALES MIL. $ 36.9 VS 30.7 +20% 41.5 VS 33.3 +24% 44.4 VS 34.5 +29% 48.3 VS 37.1 +30%
DIVIDEND-PE N/A 69X -- 35X N/A 93X -- 44X N/A 101X -- 63X N/A 129X -- 90X

21
Marketsmith.com // 2017 Q2 l MarketSmith Features

MarketSmith Features Highlight

MarketSmith has expanded its alerts capability with our

newest feature called Smart Alerts. Customers can add
up to 200 individual stocks to the Smart Alert lists to help
them monitor daily action.

Our first Smart Alert is Pullback to 10-week and is designed to identify

the first or second pullback to the 10-week line. This signal helps investors
identify a good point they might add to their positions when the market is
in a solid uptrend.

The second Smart Alert is the 50-Day Break on Volume and is more
defensive in nature. It is designed to detect a break of the 50-day moving
average. The alert will trigger if a stock falls 5% below the 50-day and
the volume is 50% or more above average. The 50-day Break alert only
triggers for stocks that have broken out of a proper base and had been in
an uptrend prior to the break.

The MarketSmith team added this new alert to help customers recognize
when a stock may be breaking down and sending a sell signal.

Another timely MarketSmith feature is the Earnings

Gap Up and Gap Down email. Earnings have become a
quarter-by-quarter game, so it’s vital to stay on top of
your stocks that could gap up or down on their earnings
reports.

While the list came out in August 2016, subscribers can now get these
notifications via email, desktop alerts and mobile app notifications. The
reports are also available through the Stock Ideas button on the desktop
platform and the Reports section in the List Manager.

22
 Marketsmith.com // 2017 Q2 l Resources

Resources

Webinars to Sharpen Your Investing Skills

From fundamental analysis to technical chart
reading, our webinars take your investment skills
to the next level. Hosted by product coaches,
topics include breakaway gaps, analyzing growth
stocks and more. Watch webinars at:
Investors.com/mswebinars
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View every Friday at:

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