The Daily Workshop Report
by Robert Sheard (TMF Sheard)

LEXINGTON, KY. (Nov. 11, 1997)

Scroll to the bottom for year-to-date Growth and Value Screen results.

With the exception of the Industry screen attached to my original Investing for Growth screen, I've always worked from the bottom up, choosing individual stocks regardless of industry group rather than starting at the top with selecting industries and working down toward individual stocks.

Recently, however, a Workshop reader ([email protected]) wondered if selecting the industries with the best Relative Strength and then culling out the best stocks from that industry might not be a workable plan. And I answered honestly, "You got me. I just don't know."

But for those of you who would like to look at this possibility, I'm including a list of the top ten industry groups in the Value Line system, based on total percentage return over the past quarter and past six months. If you experiment with these approaches, we hope, as always, that you'll share any results (good or bad) in our message folders.

Previous 13 Weeks:
Oilfield Svcs&Equip          29.7
Cable TV                     26.6
Securities Brokerage Comp.   20.6
Maritime                     20.2
Thrift Industry Comp.        16.9
Petroleum-Producing          16.6
Retail Bldg Supply           15.5
Healthcare Info Sys          15.0
Truck'g/Transp Lease         14.1
Retail Specialty             14.1
Previous 26 Weeks:
Machinery                   543.5
Oilfield Svcs&Equip.         94.8
Cable TV                     74.1
Securities Brokerage Comp.   62.2
Healthcare Info. Sys.        59.1
Telecom. Equipment           49.0
Maritime                     48.9
Cement & Aggregates          48.0
Computer & Perip.            46.2
Retail Bldg Supply           45.0

Fool on!

Monthly Growth Screens
(Jan. 3 to present)
78.31%  Relative Strength  
25.05%  EPS Plus RS  
23.50%  S&P 500 Index  
20.33%  Investing for Growth  
15.10%  Formula 90  
11.22%  Unemotional Growth  
  8.65%  Low Price/Sales  
  6.79%  YPEG Potential  

Annual Value Screens
(Jan. 1 to present)
22.22%  Beating the S&P  
21.48%  Dogs of the Dow  
21.43%  Dow Combo  
21.03%  Unemotional Value  
21.03%  Beating the Dow  
20.98%  Foolish Four
17.22%  Dow Jones Ind Avg