Bottom Fishing (6/13/2013)

In this month’s cover story, we took a closer look at one of the screening methods used by Hugh McManus. In a nutshell, he searches for high-quality companies trading near a selected low price. The current price is compared versus a selected low price which is dependent on the company’s growth rate. The higher the growth rate, the further back Hugh goes in history to compare.

The following results illustrates why he’d avoid Apple (AAPL) and keep in mind that he’s generally disinterested unless this ratio (price-to-selected low price) is less than 25%.

Position screen 20130613

Fusion Screen (3/26/2013)

Fusion screen 20130326
Some stock study candidates based on a combination of fundamental characteristics (growth, profitability, valuation and return forecast in combination with the quality ranking) and timely technical characteristics (e.g. relative strength index momentum and price pressure, etc.)
Note the frequency of oil & gas field services along with a integrated petroleum company among the results.
The information technology companies (INFY, AAPL and INTC) continue to be prominent as well.