From: Spencer48@aol.com
Subject: Re: [CANSLIM] New to the group
Date: Sun, 26 Jan 2003 13:45:25 EST
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Mark:
I have it down as a response to an AskWON question. It appeared,=20
according to my notes, 1/20/03. Here is what I noted in my computer file:
AskWon1/20/03 Re. Finding Leading Stocks in Leading Industries- Generally,=
=20
we define leading stocks as the top two or three companies in highly ranked=20
industry groups. At investors.com, the IBD Stock Checkup can help you=20
determine if a stock is a leader or not. In the Vital Statistics area, check=
=20
where the stock's industry group is ranked. The top 40 or 50 groups is where=
=20
most winning stocks emerge from. Then, in the middle of the IBD Stock=20
Checkup, you'll find a box with the top five companies in the group based on=
=20
their Overall Ratings (a composite score of Technical, Fundamental and other=
=20
Checkup ratings). Among these companies, check which have the best earnings=20
and sales growth, profit margins and other important growth factors. IBD's=20
SmartSelect=AE Ratings are helpful in determining all that, plus other=20
leadership qualities. In fact, the leading stocks usually have the highest=20
Relative Price Strength Rating within their group.
Also check out the Smart Investor section in IBD's web site: investors.com.=20=
=20
There is a good comprehensive article (posted 1/23/03) that has info on=20
identifying leading industries and their leading stocks. =20
jans
In a message dated 1/24/2003 1:25:28 PM Eastern Standard Time,=20
mkerson@dplus.net writes:
<< "(a recent investors corner noted how to find leading stocks in leading
industries)."
=20
Hello Spencer, I wonder if you know the date of this Investors Corner. I
would like to find it and re-read it.
=20
Thank you,
=20
Mark
>>
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