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Non-Tech : Costco, slow but sure? -- Ignore unavailable to you. Want to Upgrade?


To: Paul K who wrote (377)1/24/1998 1:21:00 AM
From: Paul K  Read Replies (1) | Respond to of 1147
 
While poking around Motley Fool I noted:

Costco was picked up by their Low Price/Sales Ratio screening today:
fool.com

Their help explains the screening method:
"Low Price/Sales: Starting with all of the stocks ranked 1 for Timeliness in the Value Line Investment Survey, reduce the field to those stocks which have Price/Sales ratios of less than 1.5. Then further reduce the field by including only those stocks with positive 12-month EPS growth. From the remaining stocks, select the ten (or five) with the highest returns over the previous 26 weeks. This specific model has not been tested, but it's a derivation of Jim O'Shaughnessy's very successful Cornerstone Growth approach."