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Byline: Jonah Keri
Investor's Business Daily
At first glance, chip chemical maker Cabot Microelectronics and women's clotheschain Christopher & Banks seem to have little in common. But look a little closer and you'll see similarities.
Chief among them: Both sport steady and robust sales growth. And both recently staged explosive breakouts.
That's no coincidence. We're not in the frenzied throw-a-dart, hit-a-winner market of early 2000 anymore. The strength of y
our stock's fundamentals is crucial. Pick a company with strong revenue growth,and you're in much better shape. Choose a stock with sour sales, and the market may shoot you down.
Look for companies with quarterly sales growth of 25% or more. Fast-moving techfirms may offer more dramatic growth, often 50% or better.