Investing For Growth

What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Tuesday, September 17, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, KY. (September 17): After Intel reported this morning that its quarterly revenues would be about 5% higher than last quarter's (analysts were expecting a flat result), tech stocks zoomed higher today, in spite of the market's ongoing worries about next week's Federal Reserve meeting. And except for Tellabs, which gave back today a hefty chunk of its recent phenomenal gains, the Investing For Growth model holdings had another fine day. Leading the herd was 3Com, up more than another $3 per share on the session. SCI Systems also had a fine day, up more than a buck a share. The only company news of any import today was the 4th-quarter earnings report for RoTech Medical. With analysts expecting $0.22 per share, RoTech managed to best that mark by a penny a share. For the entire year, earnings per share totaled $0.82 versus $0.64 the previous year. Operating revenue for the year was up 96% and net income rose 56%. RoTech's management attributes the operating revenue growth to the company's expansion of its homecare business. Coming fairly close to the Wall Street forecasts, the stock only rose a fraction on the news today, not helping this IFG laggard much. Nevertheless, another fine day for the IFG portfolio, which has finally enjoyed a little spurt after remaining stagnant for most of 1996. The model's now dead even with the S&P 500, and if 1996 closes out strongly, the year's total returns may actually get close to the model's historical average return. Meanwhile, the Relative Strength variation and the new Unemotional Growth models continue to have banner years. Is it the election year mystique? Who knows? After a big 1995 for stocks, not too many people expected an out-performing year this year, but a steadily growing economy and low interest rates have helped corporate America post consistently strong earnings numbers, which keep stock investors happy. I won't make any futile predictions about when this will change, but rather keep my eyes focused on trying to find ways to pick the best stocks regardless of the overall market conditions. Everything else is simply dependent too much on guesswork, no matter how fancily dressed-up the guess is. Fool on! Transmitted: 9/17/96	The Current IFG Stocks Coca-Cola <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:KO)") else Response.Write("(NYSE:KO)") end if %> Quick & Reilly Group <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:BQR)") else Response.Write("(NYSE:BQR)") end if %> Green Tree Financial <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %> Nautica Enterprises <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:NAUT)") else Response.Write("(NASDAQ:NAUT)") end if %> Nike <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %> Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> ADC Telecom <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ADCT)") else Response.Write("(NASDAQ:ADCT)") end if %> Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %> SCI Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %> Claire's Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CLE)") else Response.Write("(NYSE:CLE)") end if %>
Today's IFG Numbers INVESTING FOR GROWTH MODEL (9/17/96) Day Week Quarter Year History IFG 1.05% 2.22% 3.58% 10.88% 4411.25% DJIA -0.01% 0.86% 4.14% 15.08% 610.49% S&P 500 -0.15% 0.35% 1.84% 10.88% 541.14% NASDAQ 0.78% 1.23% 1.54% 14.37% 712.94% Bought # Stock In At Now Change 7/8/95 3866 TLAB 48.00 72.13 50.26% 4/5/96 7695 CKP 26.75 34.13 27.57% 7/5/96 5077 SCIS 39.88 50.50 26.65% 7/5/96 4562 COMS 44.38 55.50 25.07% 7/5/96 4153 PAYX 48.75 54.75 12.31% 7/5/96 8756 MIR 23.13 24.50 5.95% 7/5/96 6693 NRES 30.25 32.00 5.79% 7/5/96 4394 HWP 46.06 48.50 5.29% 7/5/96 6402 BQR 31.63 29.00 -8.30% 4/5/96 10624 ROTC 19.38 14.00 -27.74% Bought # Stock Cost Value Change 7/8/95 3866 TLAB $185,568.00 $278,835.25 $93,267.25 4/5/96 7695 CKP $205,841.25 $262,591.88 $56,750.63 7/5/96 5077 SCIS $202,445.38 $256,388.50 $53,943.13 7/5/96 4562 COMS $202,438.75 $253,191.00 $50,752.25 7/5/96 4153 PAYX $202,458.75 $227,376.75 $24,918.00 7/5/96 8756 MIR $202,482.50 $214,522.00 $12,039.50 7/5/96 6693 NRES $202,463.25 $214,176.00 $11,712.75 7/5/96 4394 HWP $202,398.63 $213,109.00 $10,710.38 7/5/96 6402 BQR $202,463.25 $185,658.00 $(16,805.25) 4/5/96 10624 ROTC $205,840.00 $148,736.00 $(57,104.00) CASH $1,040.78 TOTAL $2,255,625.16 Transmitted: 9/17/96
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