The Daily Workshop
Report
by Robert Sheard
(TMF Sheard)
LEXINGTON, KY. (Aug. 22, 1997) -- Another weekend, another set of revisions to the Foolish Workshop database. Typically, as earnings season winds down, the number of stocks replaced each week in the database slows down substantially.
Since Value Line's Timeliness rankings (the source for our Workshop database screens) are tied primarily to earnings growth and momentum, the period between quarterly earnings seasons is somewhat quiet.
This week's deletions from the database are HEALTHSOUTH <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: HRC)") else Response.Write("(NYSE: HRC)") end if %> and SCHERING-PLOUGH <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: SGP)") else Response.Write("(NYSE: SGP)") end if %>. Replacing them are AUTOZONE <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: AZO)") else Response.Write("(NYSE: AZO)") end if %> and a stock vaguely familiar to Fools worldwide, IOMEGA <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: IOM)") else Response.Write("(NYSE: IOM)") end if %>.
Iomega also cracks the Investing for Growth rankings, right at the top of the list, adding to the already extremely heavy over-weighting in Computer & Peripherals stocks. Here, then, is the new IFG order for next week:
Iomega (IOM)
Western Digital (WDC)
Dell Computer (DELL)
Quantum (QNTM)
Sun Microsystems (SUNW)
Compaq (CPQ)
Helen of Troy (HELE)
Dollar General (DG)
Price, T. Rowe (TROW)
Robert Half Int'l (RHI)
Have an extremely unWise weekend!
Monthly Growth Screens (Jan. 3 to present) 73.93% Relative Strength 34.30% Investing for Growth 23.47% S&P 500 Index 23.13% YPEG Potential 21.71% EPS Plus RS 15.88% Low Price/Sales 13.83% Unemotional Growth 10.22% Formula 90 Annual Value Screens (Jan. 1 to present) 22.28% Dow Jones Ind Avg 21.78% Dogs of the Dow 18.29% Dow Combo 18.27% Beating the S&P 17.70% Unemotional Value 17.70% Beating the Dow 10.47% Foolish Four