Re: [CANSLIM] Identifying NEW leaders

From: Harvey Brion <hbrion@ieee.org>
Subject: Re: [CANSLIM] Identifying NEW leaders
Date: Wed, 07 Aug 2002 11:13:38 -0700
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These look interesting Katherine.  It's hard to get excited about
cosmetics and weight loss products but with the high GRS rating, they've
obviously been doing well.  I see they all have strong EPS estimates for
this FY.  CHTT looks the strongest in cash flow and ROE and I favor
smaller companies anyway so I'd lean toward this one.  The chart is
pretty wide and lose, so not classic CANSLIM.  Do you have any idea what
their 389% debt to equity ratio is all about?  -Harvey

Katherine Malm wrote:

> Here's another view of "consumer" stocks--take a look at stocks like
> NBTY, WTW, CHTT, all of which have pros/cons, but nonetheless
> something unexpected. Who would've thought that HD might've done so
> well simply by consolidating a fragmented industry and redefining
> "home improvement"? Sometimes it's the unexpected which does the best
> while everybody else is looking to the obvious. Katherine
>
>      ----- Original Message -----
>      From: Duke Miller
>      To: canslim@lists.xmission.com
>      Sent: Tuesday, August 06, 2002 9:34 PM
>      Subject: RE: [CANSLIM] Identifying NEW leaders
>       I think this was basically WON's point in the K&C
>      Interview.  He concluded that without tax incentives for new
>      businesses, a new leading group may be a long way off.
>      However, since my bride's 401K is primarily made up of P&G
>      stock, I'm happy to see them showing the remaining
>      industries their backside!As for the beer, I'm doing my
>      part!Duke
>
>           -----Original Message-----
>           From: owner-canslim@lists.xmission.com
>           [mailto:owner-canslim@lists.xmission.com] On
>           Behalf Of Tom Worley
>           Sent: Tuesday, August 06, 2002 8:50 PM
>           To: canslim@lists.xmission.com
>           Subject: Re: [CANSLIM] Identifying NEW leaders
>
>           I will wade into this topic just a little. I have
>           never found consumer groups to be sustainable
>           leaders. They are defensive, and some are less
>           cyclical than others (we got to eat, smoke, drink,
>           take baths, do laundry, etc after all, at least I
>           hope so!!).  I have seen the Financials provide a
>           strong secondary leadership at times, even lasting
>           months, but that is also not a sector I fully
>           trust as true leaders to turn this "M" around.  I
>           think the key will remain whatever group can
>           demonstrate sustained revenue and earnings growth
>           that puts the rest of the groups / sectors to
>           shame. So far, none are showing that to me.
>           ----- Original Message -----
>           From: J. Lobatto
>           To: canslim@lists.xmission.comSent: Tuesday,
>           August 06, 2002 7:46 PMSubject: Re: [CANSLIM]
>           Identifying NEW leaders
>            If we have to look toward beer and soap to lead
>           the market, it won't be pretty..... Jon
>
>                ----- Original Message -----
>                From: Duke Miller
>                To: canslim@lists.xmission.com
>                Sent: Tuesday, August 06, 2002 5:12 PM
>                Subject: RE: [CANSLIM] Identifying NEW
>                leaders
>                 WON did say that consumer groups might
>                likely lead us out of the abyss.  And if
>                you pulled up today's SOD, there's a
>                good chance you almost fell out of your
>                chair as I did.  It lists the top 20
>                Up/Down Volume leaders, to wit:This
>                screen lists leading stocks in leading
>                industries with an up/down volume ratio
>                of at least 1.0, which indicates buying
>                volume has exceeded selling volume in
>                recent months. The ratio can be found
>                daily in IBD's Stock Checkup for all
>                stocks. Stocks shown have an Earnings
>                Per Share Rating Relative Price Strength
>                Rating of at least 80, an Industry Group
>                Relative Strength Rating of at least
>                "B-" and an SMR Rating of "A." All
>                stocks are within 20% of a 52-week
>                high.There are three consumer products
>                companies therein:  BUD, DL, STZ, and PG
>                (that one made me fall out of my
>                chair).
>


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