DrN Stocks Blogs

This is a forum to exchange stock ideas based on solid reasoning, such as earnings forecasts, industry evolutions, macro changes, etc. The typical disclaimer applies, I and all bloggers take no responsibility for potential losses that could occur due to the fluctuating nature of the financial markets. We only express our opinions and none of the stocks recommended, and I repeat, none of the stocks recommended, shall be taken at face value. Follow our opinions only at your own risk.

Sunday, October 22, 2006

Dirt Cheap Stock Picking: Chapter 1

I am a cheap b... and so I follow that philoshephy to heart. So over the years I have devised my own method to find "good" stocks (i.e., hisrorically robust earnings, growth, some recent indications of momemtum, etc.) that have gone thru some sort of correction. I admit that filters are intially all quantitative but they give me a head-start and I go from there. Here are my recent picks: CNS, CTSH, LM, BHI, SLB, VLO, RIG, and URBN.

2 comments:

Dr. N6:18 PM
Update on performance - an equally weighted portfolio of these recommendations would have yielded 17.05% with returns ranging from 42% to -8% and only one stock yielding a loss of -8%.
ReplyDelete
Replies
Anonymous1:17 AM
adding cash heaviness as a component of your screen may also have identified a few acquisition targets - a nice way to gain a quick premium.

inside information works for this purpose too, but with the first method you don't go to jail.
ReplyDelete
Replies

Add comment