From the desk of Steve Strazza @Sstrazza
Welcome to the 2 to 100 Club.
As many of you know, something we've been working on internally is using various bottom-up tools and scans to complement our top-down approach. It's really been working for us!
One way we're doing this is by identifying the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B). 
Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.
But the scan doesn't just end there. We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.
Some of the best performers in recent decades – stocks like Priceline, Amazon, Netflix, Salesforce, and myriad others – would have been on this list at some point during their journey to becoming the market behemoths they are today.
When you look at the stocks in our table, you'll notice we're only focused on technology and growth industry groups such as software, semiconductors, online retail, solar, etc.
Then, like any good technician, we filter the list down to those that are closest to new highs. This allows the cream of these strong groups to rise to the top and helps streamline our mission to identify technical breakouts in the top-performing stocks.
Our overall position remains neutral in the short term but bullish over longer time frames. Evidence continues to be mixed, but from a growth versus value perspective, we've seen strong rotation into value stocks recently.
Regardless of the environment, we're always going to have winners come out of our 2 to 100 Club. And we actually want to embrace corrective phases and volatility as they make the real leaders stand out that much more.
As usual, we've sorted this week's list by proximity to all-time highs. Here it is:
All of these stocks are exhibiting the kind of strength that's characteristic of continued and future leadership.
Let’s dive in and discuss some of them!
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