Anglogold Ashanti PLC (NYSE:AU) Emerges as a Top Growth and Momentum Pick

ANGLOGOLD ASHANTI PLC (NYSE:AU) has appeared as a notable option for investors using systematic growth and momentum strategies. The stock recently appeared through a screening method that joins Mark Minervini's strict Trend Template with a High Growth Momentum (HGM) rating system. This two-part method finds companies showing both firm technical price trends and solid underlying fundamental growth, traits that often come before major price gains. The method favors securities that are not just increasing, but are doing so with the help of improving business numbers, thus raising the chance of continued performance.

Technical Strength and the Minervini Trend Template

The Minervini Trend Template gives a systematic structure for finding stocks in strong, confirmed uptrends. Its rules are made to remove unstable or irregular price movement, concentrating only on securities showing clear institutional buying and momentum. An examination of Anglogold Ashanti shows a firm match with these technical ideas.

The stock's present position meets the main points of the Trend Template:

• Price Above Key Moving Averages: The stock is trading well above its rising 50-day ($70.84), 150-day ($55.78), and 200-day ($50.29) simple moving averages. This ordered position shows continued buying interest across short, medium, and long-term periods.
• Upward-Sloping Moving Averages: All main moving averages are moving up, confirming the force and duration of the uptrend. The 200-day moving average, a main standard for long-term condition, has moved from 50.05 to its present level, showing a constant upward path.
• Proximity to Highs: With a present price of $80.10, the stock is trading within 25% of its 52-week high of $85.85 and is a notable 257% above its 52-week low of $22.45. This action is typical of market leaders, which tend to set new highs instead of recovering from large lows.
• Superior Relative Strength: The stock has a ChartMill Relative Strength (CRS) rating of 98.03, meaning it has done better than 98% of the market over the past year. Minervini states that the top performers usually have RS ratings above 70, and ideally in the 80s or 90s, making this a notable metric.

This technical setup is important because it separates stocks that are already in a Stage 2 advance, the period where the largest gains normally happen. By following this template, investors bypass the problems of buying low-priced stocks and instead center their money on assets where the easiest direction is clearly up.

Fundamentals Driving High Growth Momentum

While the chart displays the "what," the fundamentals clarify the "why." The High Growth Momentum screen looks for companies with improving earnings, sales, and profitability, which are the drivers that support continued price increases. Anglogold Ashanti's recent financial results show several signs of a high-growth company.

The fundamental view is backed by several strong growth measures:

• Explosive Earnings Growth: The company has reported a large 517% year-over-year growth in trailing twelve-month (TTM) earnings per share. The most recent quarter saw EPS rise 120% compared to the same period last year, with analysts predicting 135% growth for the next quarter.
• Solid Revenue Acceleration: Top-line growth is also notable, with TTM revenue up 26.4%. The latest quarterly sales number increased 77% year-over-year, showing a major improvement in business activity.
• Dramatically Expanding Profit Margins: The company's profitability has changed, with the last quarter's profit margin hitting 27.4%, up greatly from 15.0% just three quarters before. This growth from a 5.2% margin two years ago points to much better operational effectiveness and pricing ability.
• Strong Cash Flow Generation: Free cash flow per share has grown greatly, increasing by over 1,978% in the past year to $3.50, giving the company financial room for more growth projects.
• Positive Analyst Revisions: Analysts have notably raised their forecasts, increasing next-year EPS estimates by 40.9% over the last three months. Such upward changes often come before continued positive price momentum as institutional investors update their models.

These fundamental drivers are exactly what the Minervini SEPA (Specific Entry Point Analysis) method looks to find. The strategy states that "big earnings draw big attention," and the mix of rising profits, growing margins, and increasing analyst estimates creates a strong fundamental support that can push a stock higher.

Technical Analysis Overview

The independent technical analysis for Anglogold Ashanti supports the screening outcomes. The stock gets a perfect ChartMill Technical Rating of 10, showing very good condition across both short and long-term periods. The long-term trend is confirmed as positive, and the stock is doing well relative to both its industry and the wider market. While the technical base is solid, the analysis notes that the present Setup Rating is a 3, indicating that after its major gain, the stock might need a time of pause to present a more favorable, lower-risk entry point. A complete breakdown of the technical view, including main support and resistance levels, is available in the full technical report.

Finding Similar Opportunities

For investors curious about using this joined growth and momentum method, the screening process that found Anglogold Ashanti can be repeated. The method systematically searches for companies that satisfy the strict rules of the Minervini Trend Template while also having a high growth momentum profile. You can look at present results from this screen and find other possible options by visiting the High Growth Momentum + Trend Template screener.

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