The Daily Workshop
Report
by Robert Sheard
(TMF Sheard)
LEXINGTON, KY. (Oct. 1, 1997)
Scroll to the bottom for year-to-date Growth and Value Screen results.
I've written about high-relative-strength, large-capitalization stocks on a number of occasions. My belief is that by focusing on the larger third of the stock world, you can buy a certain measure of stability, yet without sacrificing performance if you focus on genuinely strong stocks. When I free up some research time, this is an area I'd like to research thoroughly. But in the meantime, several readers have asked me to post periodic sets of rankings for stocks meeting these criteria.
Today, then, I'll post three groups of stocks. Using Value Line's electronic database, I screened for large-cap American stocks that carry a Timeliness ranking of some kind. Value Line eliminates the Timeliness ranking for stocks involved in merger activity, so requiring the stock to have a Timeliness ranking filters out those stocks that have soared because of an announced buyout. Value Line defines large-caps as stocks with a market capitalization of at least $5 billion.
Then I sorted these stocks (313 in all) by total return over three separate periods, the previous year, the previous 26 weeks, and the previous 13 weeks. If the theory holds true, these winning stocks are potential winners in the future as well. I've made no distinctions on any of the stocks listed here other than those listed in my screening criteria. Don't read these lists as Sheard's recommendations; they're simply factual lists you might care to pursue further on your own. Fool on.
Total 1-Year % Return 389 Dell Computer (DELL) 356 Quantum Corp. (QNTM) 289 Applied Materials (AMAT) 259 KLA-Tencor (KLAC) 189 Compaq Computer (CPQ) 166 EMC Corp. (EMC) 145 Texas Instruments (TXN) 131 Intel Corp. (INTC) 124 Solectron Corp. (SLR) 117 Warner-Lambert (WLA) 116 Microsoft Corp. (MSFT) 113 America Online (AOL) 109 Tosco Corp. (TOS) 108 Lehman Bros. Holdings (LEH) 108 AES Corp. (AES) Total 26-Week % Return 174 Dell Computer (DELL) 135 Compaq Computer (CPQ) 126 Bay Networks (BAY) 102 Quantum Corp. (QNTM) 100 Nextel Communic. 'A' (NXTL) 92 Applied Materials (AMAT) 86 KLA-Tencor (KLAC) 75 Computer Associates (CA) 67 America Online (AOL) 67 Texas Instruments (TXN) 66 Nordstrom Inc. (NOBE) 64 Franklin Resources (BEN) 63 Solectron Corp. (SLR) 62 EMC Corp. (EMC) 61 Merrill Lynch & Co. (MER) Total 13-Week % Return 98 Quantum Corp. (QNTM) 83 Compaq Computer (CPQ) 61 Dell Computer (DELL) 54 Nextel Communic. 'A' (NXTL) 54 Texas Instruments (TXN) 49 EMC Corp. (EMC) 49 Global Marine (GLM) 45 KLA-Tencor (KLAC) 43 Bay Networks (BAY) 41 Linear Technology (LLTC) 39 Federal Express (FDX) 38 Bankers Trust NY (BT) 36 Halliburton Co. (HAL) 36 Schlumberger Ltd. (SLB) 35 Huntington Bancshs. (HBAN) Monthly Growth Screens (Jan. 3 to present) 89.66% Relative Strength 39.94% Investing for Growth 31.26% EPS Plus RS 27.73% S&P 500 Index 24.20% YPEG Potential 21.38% Formula 90 21.15% Low Price/Sales 20.21% Unemotional Growth Annual Value Screens (Jan. 1 to present) 26.25% Dogs of the Dow 24.51% Dow Combo 24.30% Dow Jones Ind Avg 23.98% Beating the S&P 23.39% Unemotional Value 23.39% Beating the Dow 17.90% Foolish Four