Let's see if some gurus here can share some insight....
I vociferously disagree that FA need not be considered, and I feel confident that most of the experts here do in fact screen their database based to some extent on FA.
Some novice might suggest a stock, and get the response from the experts, "Duh, why would you ever consider such a stinker with such weak fundamentals!!!"
The novice would say, "Well, hey, you guys said not to worry about FA, and the charts looked good to me on this one."
And the experts would all shake their heads and laugh, "Come on! We said not to worry *too* much about FA, not to totally disregard it!! Duh, duh, duh!!!"
And the novice will say, "Shit, man, I asked about FA, and you guys didn't give me any good answers!!"
So, once again, I offer the following list of FA factors, and I ask some of you to please look over the list, and to state a 1,2,3 as to which ones you feel are important to screen a database of stocks, to get out the weaker ones....
shares outstanding
float
inside owned %
institutional owned %
short int.
short int. ratio
cash flow/ share
sales/ share
return on equity
return on assets
gross margin
inventory turnover
asset turnover
receivables turnover
earnings
revenue growth rate
e/s growth rate
debt equity ratio
current ratio
Thanks,
Nicholas |
