The two most popular screening strategies are O’Neil’s CAN SLIM Revised 3rd Edition and Stock Market Winners. All of the strategy favorites in the table above have strong five- and 10-year average annual performance track records. ��2�3�0�0�0pl`��{f�o8d4�X��DX�������`����ɶ�����j��Uʮ��]�?��U��dV�S�s��k��{�L�*f���!�j��㑔JB1�?/[�������^�m�������i����O�O&�Kz"�}�. /PageMode /UseNone /Metadata 55 0 R CXO Advisory Group took a look at the stock screens available at The American Association of Individual Investors website. << 0000001029 00000 n O’Neil’s CAN SLIM Revised strategy is up 13.8% for the year through August 31, 2020, and has an average annual price gain of 22.7% over the last 10 years. Combining investment factors of value, growth and quality, the Buffett Hagstrom screen looks for stocks with, among other characteristics, a consistent operation history as measured by operating profits and return on equity (ROE) greater than 15% for the current period. 0000024943 00000 n What Does Zero Economic Profits Really Mean.
The Virtue of Patience in the Stock Market, The Challenge: Crushing My Student Loans in Two Years or Less, 7 Women On The Money They’re Saving Right Now. 0000029926 00000 n The AAII Stock Screens. 0000001448 00000 n /Filter /FlateDecode The list includes two stocks from each strategy except for the O’Neil’s CAN SLIM Revised 3rd Edition and Foolish Small Cap 8 approaches, which only have one passing company each as of September 4, 2020. Therefore, a screen that gives me 45 qualifying stocks on average is of marginal use. 0000019700 00000 n /Size 84 stream The strategy also seeks stocks with operating margin and net profit margin greater than the respective industry medians to reflect Buffett’s preference for companies that have defensible market share.

Muhlenkamp uses a bottom-up approach to selecting stocks, but adjusts his benchmarks based upon the broad economic environment. The second table shows 18 of the top passing companies based on the most popular screening strategies among A+ Investor members. /T 81915 If you want an edge throughout this market volatility, become an AAII member. The Inve$tWare Quality Growth screening strategy seeks to identify growth companies that have been increasing sales by at least 7% a year over the last one-, three- and five-year periods, as well as fully diluted earnings per share from continuing operations of at least 15% over the same periods. Passing companies as of 9/30/2020. 56 0 obj Many investors choose to follow screens based on specific guru and/or factor strategies. Subscribe to Stock Investor Pro to Access All Screens Updated Daily! 0000002688 00000 n In addition to PennyMac Financial Services, two other top passing companies from members’ favorite screening strategies have at least five investment factor grades of A or B from A+ Stock Grades. /OpenAction [ 57 0 R /Fit ] The screens are available if you join the association and pay an annual due (relatively inexpensive). These are stock strategies that have been marked the most as “favorite” screens in A+ Investor at AAII.com, and they give an insight into the screening strategies that real investors are following right now. 0000028137 00000 n xref I really like AAII and what they do for investor education. /ID [<0dbe03f563c274ff6fe43e9c3f930d31><0dbe03f563c274ff6fe43e9c3f930d31>] startxref AAII has developed 40 different stock selection strategies based on the investment philosophies of such investing "gurus" as Warren Buffett, Benjamin Graham, Philip Fisher and William O'Neil. 0000024100 00000 n The earnings revisions grade takes into consideration the magnitude of a company’s latest two earnings surprises as well as the percentage change in the current year’s consensus estimate over both the last month and last three months. Of the more than 60 stock screening strategies that AAII tracks, some are more popular than others. CXOAG finds that trading frictions could significantly reduce performance of the strategies. The other company is homebuilder D.R. trailer

Strategy Favorites (Ranked by Most Popular Strategy for A+ Investors With at Least One Passing Company). One of the companies, Dicks Sporting Goods Inc. (DKS), an omni-channel sporting goods retailer, passes the Estimate Revisions Up 5% and Estimate Revisions Top 30 Up screens. AAII updates their screener every month and the performance is measured by whichever stock is passing at that particular point in time.

Join the 2,000,000+ individuals who have used AAII to advance their investing knowledge. 82 0 obj /Length 185 endobj /L 83159 Taking all the screening strategies that members have tagged to follow, A+ Investor looks at the strategies with at least one passing company, tallies how often each screen has been favorited, then ranks those strategies by popularity. The first table below summarizes the performance of the favorite guru and factor screening strategies that AAII tracks.

Even AAII’s Piotroski screener looks like it fell somewhere between 30-50% in 2011.
0000011462 00000 n /H [ 1173 275 ] /Root 56 0 R Factors. 0000024346 00000 n Horton Inc. (DHI), which passes the Inve$tWare Quality Growth screen. /Type /Catalog 0000024833 00000 n PennyMac Financial Services Inc. (PFSI) — a U.S.-based financial services company — passed the Estimate Revisions Up 5% screen, which utilizes an approach to seek stocks with upward earnings estimate revisions. 0000030858 00000 n %���� Top Passing Companies (Ranked by A+ Investor Strategy Favorites). I’m a member and also a subscriber to their stock research newsletter too, but their screens are best used as idea generators only. AAII has developed several screens based on these common investment factors. Source: AAII's Stock Investor and Refinitiv. >> Today I focus on the stock-picking strategy of John Templeton and provide a list of stocks that currently pass AAII’s Templeton screen.