Nate asked 6 years ago
HI Pat,
I would like to ask if we use some kind of earnings q/q % filter for the key list, since i see that we consider some stocks with mediocre earnings 10-15% and declining as buy candidates.
What are the minimum EPS, RS and other conditions that we use as filters?
Thanks,
Nate
1 Answers
Owen Staff answered 6 years ago
Good morning, Nate; response from Pat:
Nate,
This is a good question. We have several time-tested filters or constraints.
1. Earnings > 40% last qtr.
2. Avg. Sales last 2 qtr. > 45%.
3. Price > 50 day and within 15% of 52-week highs.
4. Stocks in Top 10 groups near new highs. (Stocks in Top 10 groups do NOT have minimum earnings/sales constraints.
**But we prefer to own those types of stocks.
Hope that helps. Thank you for asking!
Sincerely,
Pat
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