Having been burned by a certain concentration in certain hypergrowth stocks, and being in an uncomfortably long cash position (sounds like this should follow a Whereas), I’ve looked in other directions for new stock ideas. I’ve posted something similar over on the BMW free board. Got a couple of comments but no enthusiasm for diving into the candidates. This somewhat relates back to A Tad Upset thread. Stuff that has survived the Great Purge and things that are unfortunately gone.
Over at Saul’s, the 1yrPEG Google spreadsheet is still available, the last update on any stock apparently made in 2017. An interesting artifact. I have some still functioning stock screeners on my E*Trade IRA account. Look at it once a year or so. Nada. TMF1000 had his Superstocks and and a LOOOONNNNGGG data base. That withered when he became Back to Research after he walked away from Supernova Phoenix project. Greg (sarknz) had a site that auto-populated similar data on any stock. He quite reasonably let that go as it had a significant cost to pay for the data access. I asked about it and he said that I and two others were the only ones asking about it in the last two years. So nothing is forever. I’m sure that Tom Engle is still holding his superstocks and trading around the edges. Sigh.
Anyway, as I posted over on BMW, I looked at the 25-year buy/sell screen which had, as I recall, 54 possible companies based on historical stock prices only. I selected six companies to research–bough micro amounts of each They are:
PVH Calvin Klein and Tommy Hilfiger VFC Vans shoes and other apparel SMG Scotts Miracle Grow SWK Stanley as in tools and such OLED Universal Display, Organic Light Emitting Diode materials MNRO Monro, Yep, shock absorbers, etc.
Here is the link to BMW: BMW Method Screen Cross Reference
So far I have looked at OLED and SWK SWK is restructuring, selling off parts, buying tuck ins, reorganizing Financials are difficult due to continuing operations, discontinued operations, etc., etc.
I’ll think about posting my portfolio and show how it evolves as I move back to “fully” invested.