The purpose of this thread is to discuss stocks of companies as described in Ken Fisher's book "Super Stocks". Super Stocks are simply "Super Companies" that have experienced a growth glitch for example which has lead to a temporary drop in earnings, or even losses. The stock is severely punished but those who follow Fisher's methods of correctly qualifying the company are handsomely rewarded as the company's new offerings hit the marketplace and growth resumes.
Super Stocks can be identified by Price to Sales ratios (PSR) below 1.0, and EXCELLENT MANAGEMENT which stretches far beyond the low PSR aspects of the stock. Fisher enumerates Super Company qualities as follows:
1. Focused on growth
2. Marketing excellence
3. An unfair advantage
4. Creative personnel relations
5. The best in financial controls
For those that would like to get with the program the book is:
Super Stocks, by Kenneth L. Fisher, 1984, Irwin books.
Best Regards! |
