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John V.
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My methodology is based on William O'Neil's brilliant book "How to Make Money in Stocks" and I'm constantly searching for super-winning stocks. I utilize the CANSLIM strategy popularized by O'Neil and I've added minor modifications to suit my needs. The steps in my process are: 1.... More
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  • Super Stock Screener results, June 12th 0 comments
    Jun 13, 2011 2:11 AM | about stocks: A, ALXN, THRM, ATML, BPI, CAVM, CF, CGNX, INGR, CROX, DAR, DMND, FOSL, FTNT, GDI, GGG, GMCR, MNST, HLF, ILMN, IPGP, KLIC, LMCA, LULU, LXU, MMSI, NFLX, NVMI, OME, PCLN, PII, PLCM, QCOR, RAX, RPXC, SAPE, SODA, GTAT, SPWR, SPWRA, TITN, TPX, UA, VECO, WBC, ZAGG

    This week's results from my Super Stock Screener.  Screening is an excellent starting point for finding winning stocks.

     

    My thoughts:  Wow, what an awful week in the market.  Everything sold off quite viciously as investors got out of many stocks after receiving bad news from almost every direction.

     

    From a screening perspective the results this week matched the performance of the market as many stocks fell off the list.  I expected lots of stocks to drop off and indeed that is what happened as the number of stocks decreased from 53 to 46.  It would have been lower if not for the fact that 4 new stocks did show up.  This is the largest drop in quite a while and will probably shrink further if the market declines more.  The one benefit is that we do get a clearer picture of which stocks are truly strong and which ones are not.

     

    To repeat what I said in prior weeks, the only stocks I view or consider buying at all are the ones that make the screening list.  All other stocks don't really exist to me and are off my radar.

     

    Of the four new stocks, two of them are repeat visitors though honestly I don't really trust any of these four at all right now.  The two that have been on the screen before are Agilent Technologies (NYSE: A) and Cavium Networks (NASDAQ: CAVM), while the two brand new ones are Sapient Corporation (NASDAQ: SAPE) and Veeco Instruments (NASDAQ: VECO).  All four need to stick around for them to generate any kind of credibility, but if they do then they might have a positive future.

     

    Notable stocks that fell off the screen included long-time names such as Acme Packet (NASDAQ: APKT), Riverbed Technology (NASDAQ: RVBD) and Mercado Libre (NASDAQ: MELI).  All were regarded as being stocks with high-potential, but falling off the screen means they still have more work to do before they become real leaders in the market.

     

    In the future I will make a change in the screen by raising the Relative Strength requirement to 90 from the current 88 now.  The purpose of doing this is to make the screen list even more manageable and to further weed out the weaker stocks.  Thus we'll be able to really focus in on the strong names.

     

    This change will be made next week and it will be interesting to see what the impact will be.  My techniques do resemble Charles Darwin's theory of 'Survival of the Fittest' in a manner of speaking, and I expect the stocks that remain to be the best and strongest ones out there.  If Darwin knew how applicable his theories were for finding stocks he might have given up science altogether.

     

    The market is currently in a downtrend now and this will probably continue, so please be careful no matter what you do in the market.  Hopefully things stabilize and we all start making money again soon.

     

    As always this is not a buy list but rather a starting point for doing more research.  Stocks that are new are underlined and have an Asterisk (*) next to their company name.

     

    Symbol

    Name

    EPS % Chg Last Qtr

    Sales % Chg Lst Qtr

    ROE

    A

    Agilent Technologies Inc *

    72

    32

    24.6

    ALXN

    Alexion Pharmaceuticals

    58

    41

    21.6

    ARGN

    Amerigon Inc

    86

    48

    18.8

    ATML

    Atmel Corp

    420

    32

    31.3

    BPI

    Bridgepoint Education

    88

    47

    68.4

    CAVM

    Cavium Networks Inc *

    129

    53

    22.8

    CF

    C F Industries Holdings

    52

    134

    19.5

    CGNX

    Cognex Corp

    64

    26

    14.2

    CPO

    Corn Products Intl Inc

    103

    56

    13.6

    CROX

    Crocs Inc

    243

    36

    19.5

    DAR

    Darling International

    207

    170

    14

    DMND

    Diamond Foods Inc

    73

    61

    13.3

    FOSL

    Fossil Inc

    62

    37

    23.9

    FTNT

    Fortinet Inc

    125

    34

    23.8

    GDI

    Gardner Denver Inc

    85

    26

    16

    GGG

    Graco Inc

    79

    32

    43.4

    GMCR

    Green Mtn Coffee Roastrs

    129

    101

    15

    HANS

    Hansen Natural Corp

    69

    50

    30

    HLF

    Herbalife Ltd

    47

    29

    70.2

    ILMN

    Illumina Inc

    67

    47

    13.8

    IPGP

    I P G Photonics Corp

    571

    95

    18.8

    KLIC

    Kulicke & Soffa Ind Inc

    93

    34

    63.4

    LCAPA

    Liberty Media Cap Cl A

    1486

    250

    40.2

    LULU

    Lululemon Athletica

    63

    35

    36.2

    LXU

    L S B Industries Inc

    1186

    36

    18

    MMSI

    Merit Medical Systems

    47

    28

    10.5

    NFLX

    Netflix Inc

    88

    46

    65.7

    NVMI

    Nova Measuring Instrumnt

    173

    76

    46.5

    OME

    Omega Protein Corp

    500

    75

    12.4

    PCLN

    Priceline.com Inc

    56

    38

    44.2

    PII

    Polaris Industries Inc

    127

    49

    51.1

    PLCM

    Polycom Inc

    66

    25

    11.9

    QCOR

    Questcor Pharmaceutical

    43

    40

    37.1

    RAX

    Rackspace Hosting Inc

    43

    29

    11.8

    RPXC

    R P X Corporation

    143

    89

    296.7

    SAPE

    Sapient Corporation *

    71

    30

    13.7

    SODA

    Sodastream Intl Ltd

    153

    57

    19.8

    SOLR

    G T Solar International

    78

    40

    91.8

    SPWRA

    Sunpower Corp Cl A

    200

    30

    11.8

    SPWRB

    Sunpower Corp Cl B

    200

    30

    11.8

    TITN

    Titan Machinery Inc

    344

    55

    11

    TPX

    Tempur Pedic Intl Inc

    55

    28

    105.3

    UA

    Under Armour Inc Cl A

    64

    36

    15.3

    VECO

    Veeco Instruments Inc *

    217

    89

    33.6

    WBC

    Wabco Hldgs Inc

    120

    38

    36.1

    ZAGG

    Zagg Inc

    333

    207

    45.2

     

     

    Stock that fell off the Super Stock Screener results from June 4th are below:

     

    Symbol

    Name

    ACOM

    Ancestry.com Inc

    APKT

    Acme Packet Inc

    BIDU

    Baidu Inc Ads

    BODY

    Body Central Corp *

    FMCN

    Focus Media Holding Ads

    GT

    Goodyear Tire & Rubber

    MELI

    Mercadolibre Inc

    MERC

    Mercer International Inc

    MTZ

    Mastec Inc

    RVBD

    Riverbed Technology Inc

     

    Note: This screen is fairly wide (EPS>=45%, Sales>=25%, ROE>=10, RS>=88, Price within 20% of High) and I do have tighter screens as well.  To keep the screen results manageable I removed Industry Groups that I either do not believe in (Financial) or are so Commodity that I have no idea how to pick one from another (Oil&Gas).


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