Great thread, B.K.! I, too, screen for GARP (growth at a reasonable price) stocks -- although I do try to find ones that meet my investment objectives, not my investment objections! <ggg>
In fact, I credit the screens (not my stock market savvy, which I can lay no claim to) for the excellent performance so far this year of my individually, hand-picked stocks, which are up 30%. I am sure there are plenty of SI posters who can boast of a far more eye-popping performance, but still, 30% is much better than the 8% average my funds have given me to date this year, and still better than the showing of the major market indexes. And bear in mind that the overwhelming majority of my hand-picked stocks have moderate or very low P/Es. So, I'm content with 30%. :-)
For screening, I have always used Telescan's Pro-Search (on Wall Street City). I have never found anything that could remotely compare with it (although now I will of course check out those search engines you cite that I have not tried). You can also check out their "custom" screens (the ones they construct for you), although I prefer the Pro-Search screens you construct according to your own criteria.
The problem is that you have to pay for the service -- close to $30.00 a month. (Although maybe you can sign up for one free month.) I'd be happy to post a couple of sample screens here on this thread, if that should prove possible.
I have a couple of questions, too, but they can wait until I have mastered all the info. already here.
Thanks for starting this thread.
jbe |
