Friday, May 8, 2009

Stock Screen Revisit - howz that doin' anyway?

I posted back in February about a stock screen I ran using Google Finance - to pick stocks which seemed to have gotten beat up in the market while still having no debt and consistent income growth. (if you look at that link now - it will show the current stocks which meet the criteria I set, not the same stocks as on Jan 27th when I originally ran it).

I realized today that I hadn't revisited that to see how that list of stocks has performed against the market...
Well - here's the deal.

On Jan 27th, 2009, the Dow was at 8174. The S&P 500 was at 846.
On May 8th, 2009, the Dow closed at 8575. The S&P was at 929.
That's a total increase of: 4.9% for the Dow and 9.8% for the S&P 500.

On Jan 27th, 2009, my list of stocks was valued at: $21,929.
On My 8th, 2009, that list of stocks was valued at: $27,351.
That's a total increase of: 24.7%.

oh. ok. So now what? I'll just hop into my time machine - go back to Jan 27th and actually invest? nah. I'm so tired of that time machine. I think it's time to try that same screen a few times... basically it says that stocks that were beat down, which still have some fundamental value and no debt, MIGHT perform better than the market as a whole... Or, at least it did in this one instance... by a healthy margin.
(and, again, I'm not giving any financial advice here, and if historic results were any indication of future results, you might get lucky once or twice, but in the long run you'd lose your shirt most likely).
[Update: here's a link if you want more info on the spreadsheet itself]

My Dad would have loved this... he would have played with it for hours and then he'd go check in on his friends at Silicon Investor to see what they thought... and then he'd make some pretty great trades. I only mention that because I'm thinking about him all day today, this 2nd anniversary of the day he left us to toil away in the markets (and this life) without his incredible love and guidance. Damn.

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