Weekly, I screen over 1600 stocks for 7 key characteristics of winners. My ranking is an awesome source of new ideas (for example, it's why I bought $ANET in May at $326).

The 7 factors aren't equal weighted (my formula for Coke), but the components are:

EPS Growth,
EPS Beats,
Insider buys,
Money flow (ST & LT),
Contra short Interest,
Fwd P/E to 5 Yr PE low, and
Seasonality.

If a stock checks those boxes, then it could be a winner!
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Joey Hirendernath's avatar
Out of those 1,600 stocks, how many typically pass the screener?
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Todd Campbell's avatar
@ebcapitalNovember 2
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Currently, less than 2% have a score above 105 (very high), <6% have a score above 100, and <20% have a score above 90 (high). Therefore, if you focus solely on scores above 90 for new idea generation, about 80% of the inst'l quality names (generally stocks w/ mkt caps >300mn and 100k in ADV) in our universe are 'eliminated'. To further narrow the hunt, you can use our sector and industry ranking to focus only on ideas w/in the strongest baskets, too. You can also narrow by only focusing on stocks w/ up-trending score (ex. above the 4-week MA score). During pull-backs/corrections, the list will organically get much smaller bc of the price/volume inputs. Personally, I love idea generation so I go through every chart on scores > 90 , jotting down those that jump out at me. Then, I do my normal DD to come up w/ my thesis and if the idea warrants "forever-mindset" or "rental mindset" consideration. :-)
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