The clock's ticking down, your team's down one, you're being double-teamed, and you wouldn't have enough time to get off a good shot even if you were allowed to drop-kick both defenders. So who do you dish the rock to?

Your first thought might be the resident superstar -- the Kobe Bryant or Tracy McGrady. But what if Kobe, as good as Kobe is, is playing colder than an Alaskan snowdrift? That's right, you dish to the guy with the hot hand, the guy who will be deemed en fuego tomorrow on ESPN.

Momentum investors are looking for stocks in a similar state of sizzle when they make investments. They want to give the nod to the stocks that are hot to the touch.

What sounds more interesting to me than simply looking for stocks that have momentum, though, is finding high-quality stocks that also have some positive inertia on their side. Imagine being able to kick the ball out to Michael Jordan or Larry Bird when they do have a hot hand.

To accomplish this, I cross-referenced a pretty simple momentum screen with data from The Motley Fool's new investing community, Motley Fool CAPS. The result is a few all-star stocks that all currently have a fiery shooting hand. Each of the companies below is up 30% or more over the past year, is within 5% of its 52-week high, and has been rated highly by CAPS players.


12-Month Change

Percent Below 52-Week High

CAPS Rating (out of 5)

GlobalSantaFe (NYSE:GSF)




Accenture (NYSE:ACN)




Noble Corp. (NYSE:NE)




Sources: Yahoo! Finance, Capital IQ, and CAPS as of June 25.

At first glance, this sure looks like a high-quality trio. But, as always, I highly advise taking a close look before you throw a bounce pass in the direction of any of these stocks.

Outstanding offshore
At the end of the first quarter, GlobalSantaFe's fleet consisted of 43 cantilevered jackup rigs, 11 submersibles, three drillships, two submersibles under a JV agreement, and a partridge in a pear tree. Since selling off its land drilling business to Precision Drilling back in 2004, GlobalSantaFe has been focused on offering offshore drilling services for oil and gas exploration and extraction.

The company works with some of the largest global oil and gas companies, such as BP (NYSE:BP), which was a 10% customer in 2006 and 2005, and Total SA, which was a 10% customer in 2004.

CAPS All-Star cetalley likes the fundamentals at GSF. He cites the following:

Annual sales growth averaged 37% over the last 2 years. EPS grew at a 120% rate between 2005 and 2006. ... Their current P/E is below their two year trailing average. ... Their PEG ratio based on the 2005-2006 numbers is [ridiculously low].

He concludes that the stock could be worth nearly four times its current price in five years' time.

Consulting with Tiger
Even aside from its famous links-playing spokesman, Inside Value selection Accenture actually has a lot it can brag about. The company is one of the largest global consulting firms and employs more than 140,000 people in 49 different countries.

Though the hot Indian consulting firms, like Cognizant Technology Solutions (NASDAQ:CTSH) and Infosys (NASDAQ:INFY), and the resurgent IBM (NYSE:IBM) seem to steal a lot of the headlines when it comes to the consulting industry, Accenture has been averaging solid double-digit top-line growth over the past three years and returned a cool 59.4% on its equity over the past 12 months.

One CAPS player, MG80, likes the green being churned out by Accenture -- and I'm not talking about plant life: "Another one of those 'cash-rich' companies that I love to find. Market cap is a little over [$25B], almost $3B in cash net of debt."

Noble returns
Remember about 30 seconds ago when you were reading about that driller we liked called GlobalSantaFe? Well, if you like the story there, you'll likely also want to take a peek at Noble, which is in the same group of offshore contract drillers. At the end of 2006, the company had 63 offshore drilling units, and even though it is smaller on a revenue basis than GSF, it is even more profitable.

xds68, one of CAPS' All-Star players, has rated the stock an outperform and commented that "[Noble's] long term contracts given high visibility on EPS through 2009. Limited new capacity should support solid renewals. [The] valuation is attractive."

And that's the team for this week. You can check out more of what your fellow Fools had to say about these stocks by stopping by CAPS, and while you're there, you can also take a peek at few more of the 4,700 other rated stocks.

I think I heard a "booyah" somewhere out there -- thanks, Stuart Scott!

More CAPS Foolishness:

When it comes to basketball, Fool contributor Matt Koppenheffer might be the guy Ron Shelton was thinking of when he came up with the title White Men Can't Jump. He owns shares of BP, but does not own shares of any of the other companies mentioned. Accenture is an Inside Value recommendation, Total SA is an Income Investor selection, and Precision Drilling is a Global Gains pick. The Fool's disclosure policy has a 55'' vertical jump and can dunk from half court. Or so I hear.