Scott's Investments submits:I have begun conducting the following screen on a monthly basis. Early results have been positive, especially in a bullish environment like the current one. February's list is here and January's here. The screen looks for the following:
- earnings growers still reasonably priced as judged by the PEG ratio
- low debt
- a history of high return on equity and investment, and
- price momentum as gauged by the percentage the stock is trading to its 250 day high.
January's list returned 1.39% vs .57% for SPY. February's list returned a solid 11.78% vs. 6.77% for SPY. The top stock for February's list was Techwell (TWLL), which returned over 49% in one month. For the full list of stocks and results, please see the right hand side of Scott's Investments.Complete Story »