MILLBURN, N.J. ( Stockpickr) -- Since peaking this summer on July 22, the equity market has tumbled. Despite a slight recovery, it remains well below the summer highs. There are a variety of reasons to account for the "Summer Crash," most notably the continued weakness in the European credit markets and concerns for a double-dip recession in the U.S.
From July 22 to Sept. 2, the S&P 500 declined by 12.72% -- but not all stocks declined to that degree, and many, in fact, actually rose. Further, some of these stocks are poised for further outperformance for the balance of the year.
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Stock picking is all about finding the right stocks. To this end, I've performed a screen of U.S. stocks that outperformed the S&P 500 from July 22 to Sept. 2. I've excluded stocks with market capitalizations below $100 million, stocks with prices below $5, takeover targets and ETFs.Here are seven top-performing stocks that I expect to continue to outperform the market in the near future.