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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Dave who wrote (18024)	11/3/1998 8:15:00 PM
From: dealmakr	Respond to of 120523

Dave, A place to start biz.yahoo.com Dave

To: Dave who wrote (18024)	11/3/1998 8:50:00 PM
From: Jenna	Respond to of 120523

Dave.. How to go find "best of sector" and what to do from there. what I do is a couple of things. first of all I collect about 3-4 times a week the 'weekend in review' or stock graphs of the day of the companies that have broken out of bases or close (up to 15%) to its 52 week, or have just been there for whatever reason. or you look in the paper where is has "Company in the News Section" in the back of section A. Then I take the company.. I put it into my telescan prosearch portfolio. If the stock is say "VRTS" I look for 'stocks in sector' and get a list of all of them of which VRTS is a part. Of course not in any special order. Then I pick out the criteria I like for instance "best short term growth' or best 'return on equity' or best performance in the last 1, 2, 3 weeks or even days , best earnings for next quarter, whatever.. and I run this 'search' on the list of stocks in the sector. I put a limit of about 10-20 depending on how many stocks in that sector. You don't want to take just 10 our of computer software sector.. but you would want 10 in automotive parts... So you are now running a search on your 'portfolio' of stocks that happen to be the entire sector that originally was VRTS.. The best ones pop out. You'll find LGTO etc.. Some of the criteria I like is most %margin growth last quarter, %sales growth last quarter, % EPS growth last quarter... and they come out according to the criteria. There is also another way but that you have to be an advanced user of 'scanning' software. I like to 'build' criteria from already excellent stocks and then apply those to a certain sector. For example.. we have DELL, QLGC, AOL, WLA, and SWY... They are from various sectors but you can 'build' what makes them so strong... you plug all these 5 into a 'builder' and ask for 10-20 criteria that these stocks have in common. Chances are you will get excellent return on equity, consistent growth in last 4 quarters, very high relative strength, very high 1 year performance...very high ERG.. whatever.. So now you end up with about 10-20 characteristics from these great companies.. So what do you do? You find a sector like say Medical Supplies or Commerical services, or whatever.. you plug in these criteria and when the software asks what do you want to search.. you have to choose something called "specific sector" and you mark that. So whatever stocks in the sector have similar characteristics to DELL, QLGC, WLA and SWY begin coming out. You will not have many and of course all the criteria won't be met.. but you can rank the choices. It's actually lots of fun. I come up with all sorts of interesting companies... That's how I found BZH today and ISSX.. also..