It is similar to GuruFocus’s
screens in some aspects but quite simplified. Currently it is free. Bring up Nasqaq.com
from your browser. Select “Investing”
and then “Guru Screeners”.
Learn how it works and its
features from the following illustration. Select “P/E Growth Investors” and
change “Some” to “Strong”. Click on “Go”.
As of 6/9/2016, I have about 14
screens with about 20 stocks in each screen. It is too many stocks to evaluate.
Sort “Guru(s) Strong” in descending
order; each “strong” is usually based on a fundamental metric defined in this
specific search.
I have 5 stocks with 3 “Strong”:
THO, MPX, GGAL (ADR), BRDCY (ADR) and BMA (ADR). If you prefer U.S. companies only,
you only have THO and MPX and both have desirable “Proj. P/E” under 20.
Alternatively to reduce the
number of screened stocks, include stocks with “Some Strong”. Sort the “Proj.
P/E” in ascending order. If it is blank,
most likely it is losing money or there is no estimate for this stock. Use
Finviz.com or Yahoo!Finance to confirm.
PEG (P/E growth) is a growth
metric and it is available for sorting. Need to evaluate each screened stock.
For example, a low P/E stock may not be good if it has excessive debts, pending
lawsuits…
Click on the stock THO. It explains
how Peter and other gurus score this stock. If you use 70% as a passing grade, 7
gurus rate it passed and 3 gurus rate it failed.
Click on “Detailed Analysis”. Peter
rates 4 “Pass” and 2 “Neutral” together with the description.
-----
This is one page of the 820 pages of my Kindle book "Complete the Art of Investing". If it helps you, envision how 820 pages will help you.
For more of my reasoning, check out the book described next. It has 820 pages (6*9) for $9.99. It could be the best $10 you ever spend.
The above is an abstract from my book "Complete the Art of Investing" which is available from Amazon.
I challenged to have the best-performed article in Seeking Alpha history, an investing site, for recommending 5 or more stocks in one year after the publish date. The concepts for that article are discussed in this book.
No comments:
Post a Comment