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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, July 10th 0 comments
    Jul 10, 2011 11:41 PM | about stocks: ACOM, AH, APKT, ARUN, ATML, BIDU, BPI, BWA, CGNX, INGR, CROX, DAR, DMND, FOSL, FTNT, GDI, GGG, GMCR, MNST, HLF, IIVI, IPGP, KLIC, IBM, LMCA, LULU, LXU, MODL, MTZ, NANO, NDSN, NFLX, OME, PCLN, PII, PLCM, QCOR, RAX, RVBD, SODA, GTAT, TAOM, TIBX, TITN, TNAV, TPX, UA, WBC, ZAGG

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

     

    My thoughts:  This week the market continued with its ascent but I know that a number of factors are still making investors wary as to whether this summer bounce is the real deal or not.  Some say that the chart is too V-ish (V shaped charts are more prone to failure, others point out the relatively low volumes, and market history is not on the side of things being sustainable as 3rd-year rallies to not last.  If you don't like this market you can find plenty of reasons and people willing to agree with you.

     

    However, I don't think we are in 'normal' times at all, and you can definitely throw most precedents out the window, and you can listen to all the reasons why things shouldn't be happening but the one reality that trumps everything is that stocks are up, and for me that is all the information I need.

     

    Price and volume tell the story and the story is that stocks (at least leading stocks) are having bullish moves right now and this fact overrides all the opinions and reasons out there.  It's ok to be cautious, but it's not ok to be wrong.

     

    The latest Super Screener results have held steady as there are now 49 stocks that make the list as compared to the July 5th screen which had 51 stocks.  A drop of only two is nothing to be concerned about, though again there is some volatility in the number of names dropping off versus new ones appearing.

     

    One notable name that dropped off primarily due to a drop in Relative Strength is Illumina Corp. (NASDAQ: ILMN).  Illumina is an interesting company in that it deals with genomics and DNA analysis, but the reason why it's Relative Strength score knocked it off is simply because its stock is not performing as well as many others are.  An example of an RS score dropping is when 'your hot stock' goes up 5% on a given day, and on that same day ILMN will only be up 1%.  This shows that ILMN is not performing and if it's not going up when others are then that's a problem.  It may be a great company but if investors don't want it then neither do I.

     

    Remember my motto: if big investors want it then I want it, if big investors don't want it then I don't want it.  It's as simple as that.

     

    Stocks that have high RS scores should be market leaders, so a declining Relative Strength score means that the stock is probably not a market leader at this time.  I want to stay on the leaders so we'll say good-bye to Illumina for now.

     

    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

    ACOM

    Ancestry.com Inc

    125

    41

    11.2

    AH

    Accretive Health Inc

    300

    30

    27.3

    APKT

    Acme Packet Inc

    69

    45

    21

    ARUN

    Aruba Networks Inc

    100

    53

    20.8

    ATML

    Atmel Corp

    420

    32

    31.3

    BIDU

    Baidu Inc Ads

    129

    96

    54.8

    BPI

    Bridgepoint Education

    88

    47

    68.4

    BWA

    Borg Warner Inc

    54

    34

    16.7

    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

    IIVI

    Ii-Vi Incorporated *

    112

    33

    10.9

    IPGP

    I P G Photonics Corp

    571

    95

    18.8

    KLIC

    Kulicke & Soffa Ind Inc

    93

    34

    63.4

    KNXA

    Kenexa Corporation *

    50

    51

    10.9

    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

    MEDH

    Medquist Holdings Inc *

    192

    31

    30.5

    MTZ

    Mastec Inc

    160

    37

    15.3

    NANO

    Nanometrics Inc

    73

    67

    27.2

    NDSN

    Nordson Corp *

    70

    27

    36.3

    NFLX

    Netflix Inc

    88

    46

    65.7

    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

    60

    25

    11.9

    QCOR

    Questcor Pharmaceutical

    43

    40

    37.1

    RAX

    Rackspace Hosting Inc

    43

    29

    11.8

    RVBD

    Riverbed Technology Inc

    100

    45

    20.8

    SODA

    Sodastream Intl Ltd

    153

    57

    19.8

    SOLR

    G T Solar International

    78

    40

    91.8

    TAOM

    Taomee Holdings Ltd Ads *

    150

    90

    171.6

    TIBX

    Tibco Software Inc

    40

    25

    16.2

    TITN

    Titan Machinery Inc

    344

    55

    11

    TNAV

    Telenav Inc

    42

    27

    56

    TPX

    Tempur Pedic Intl Inc

    55

    28

    105.3

    UA

    Under Armour Inc Cl A

    64

    36

    15.3

    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 July 5th are below:

     

    Symbol

    Name

    A

    Agilent Technologies Inc

    ENTG

    Entegris Inc *

    FMCN

    Focus Media Holding Ads *

    GT

    Goodyear Tire & Rubber *

    ILMN

    Illumina Inc

    SAPE

    Sapient Corporation *

    SNCR

    Synchronoss Technologies *

     

    Note: This screen is fairly wide (EPS>=45%, Sales>=25%, ROE>=10, RS>=90, 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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