When I was working on my new book “Best stocks to buy for 2021” on Dec. 10, 2020, I found something really strange. I have never rejected so many stocks that have Fidelity’s Equity Summary Score higher than 9. I rejected them as there were a lot of dumping from the insiders. Insiders know their companies better than most of us. Is it the canary telling us the market is over-valued?
Initially the following stocks have been screened by my value screens. Buy any one of the following stocks, only if you have good reason(s).
|
Symbol |
Fidelity Score |
Insider Purchase |
|
BCC |
9.9 |
-24% |
|
GPI |
10.0 |
-17% |
|
HEAR |
10.0 |
-75% |
|
HIBB |
9.4 |
-30% |
|
HVT |
9.5 |
-37% |
|
HZO |
9.5 |
-27% |
|
|
|
|
How can HEAR score a perfect 10 while the Insiders’ Transaction is -75% (I treated -2% is normal). The analysts must be wrong this time, or they believe the market will continuously make new heights. Will update the performance results later to see who is wrong.
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