Investing For Growth

What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Friday, August 23, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, KY. (August 23): On a day when all three market indices gave up ground, you might expect the Investing For Growth model to slip as well, but not today! The model portfolio had a fine day, with only Checkpoint Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CKP)") else Response.Write("(NYSE:CKP)") end if %> and Nichols Research <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:NRES)") else Response.Write("(NASDAQ:NRES)") end if %> lower for the session. (And given Nichols Research's climb earlier this week, who can complain?) That leaves sweet gains by Hewlett-Packard, Mirage Resorts, Paychex (which can't be stopped lately), SCI Systems, and Tellabs. The portfolio still has a long way to go before it catches the market indices for 1996, but a few days like this sure can't hurt. Take a minute to check out the new IFG rankings this weekend. Nike <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %> and 3Com <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:COMS)") else Response.Write("(NASDAQ:COMS)") end if %> slipped out of the current top ten (3Com was downgraded in Value Line's rankings and Nike slipped a few spots in the IFG system to #11). Taking their places are the other two retail stocks which have been hovering around the bottom of the list for many weeks, Ross Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROST)") else Response.Write("(NASDAQ:ROST)") end if %> and Claire's Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CLE)") else Response.Write("(NYSE:CLE)") end if %>. Both stocks have been among the IFG/Relative Strength group for a while. The number crunching for the IFG/Relative Strength model is going slowly but steadily. The process involves identifying all of the High Growth stocks each month from Value Line. (I have the information already for one month each quarter from when I back-tested the Classic IFG model.) Then I have to identify which of those stocks had the highest Relative Strength rankings from the Investor's Business Daily data I retrieved in New York. And finally, I must pull the prices from AOL's Historical Quotes area to check the performance. (And for stocks that no longer trade because of mergers and the like, I have to get the price information from the local university library's resources.) My plan is to release each full year's results as I finish them. If I'm able to spend any time this weekend on them, I may have 1992's results early next week. Stay tuned and enjoy your weekend! Transmitted: 8/23/96	The Current IFG Stocks Quick & Reilly Group <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:BQR)") else Response.Write("(NYSE:BQR)") end if %> Paychex <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:PAYX)") else Response.Write("(NASDAQ:PAYX)") end if %> Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %> Nautica Enterprises <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:NAUT)") else Response.Write("(NASDAQ:NAUT)") end if %> Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> Three Com <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:COMS)") else Response.Write("(NASDAQ:COMS)") end if %> SCI Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %> Nike <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %> The Gap <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GPS)") else Response.Write("(NYSE:GPS)") end if %> Ross Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROST)") else Response.Write("(NASDAQ:ROST)") end if %>
Today's IFG Numbers INVESTING FOR GROWTH MODEL (8/23/96) Day Week Quarter Year History IFG 0.77% 0.66% -4.07% 2.70% 4078.18% DJIA -0.18% 0.59% 1.20% 11.84% 590.45% S&P 500 -0.54% 0.27% -0.54% 8.30% 526.20% NASDAQ -0.08% 0.83% -3.54% 8.64% 672.23% Bought # Stock In At Now Change 7/8/95 3866 TLAB 48.00 62.75 30.73% 7/5/96 5077 SCIS 39.88 46.00 15.36% 7/5/96 4153 PAYX 48.75 53.50 9.74% 4/5/96 7695 CKP 26.75 29.00 8.41% 7/5/96 6693 NRES 30.25 31.38 3.72% 7/5/96 4562 COMS 44.38 44.00 -0.85% 7/5/96 8756 MIR 23.13 22.63 -2.16% 7/5/96 6402 BQR 31.63 30.50 -3.56% 7/5/96 4394 HWP 46.06 43.63 -5.29% 4/5/96 10624 ROTC 19.38 16.13 -16.77% Bought # Stock Cost Value Change 7/8/95 3866 TLAB $185,568.00 $242,591.50 $57,023.50 7/5/96 5077 SCIS $202,445.38 $233,542.00 $31,096.63 7/5/96 4153 PAYX $202,458.75 $222,185.50 $19,726.75 4/5/96 7695 CKP $205,841.25 $223,155.00 $17,313.75 7/5/96 6693 NRES $202,463.25 $209,992.88 $7,529.63 7/5/96 4562 COMS $202,438.75 $200,728.00 $(1,710.75) 7/5/96 8756 MIR $202,482.50 $198,104.50 $(4,378.00) 7/5/96 6402 BQR $202,463.25 $195,261.00 $(7,202.25) 7/5/96 4394 HWP $202,398.63 $191,688.25 $(10,710.38) 4/5/96 10624 ROTC $205,840.00 $171,312.00 $(34,528.00) CASH $528.62 TOTAL $2,089,089.25 Transmitted: 8/23/96
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