|
|
Get Four
| JULY 9, 2004
STOCK SCREENS By Michael Kaye, CFA Steady Stocks for Rocky Times In the midst of a choppy market, S&P screens for some consistent performers The byword for the major stock indexes this year: uncertainty. With investor concerns about domestic politics, global security, interest rates, the labor market, and what have you, market benchmarks have been stuck in a trading range. With the year more than half over, the S&P 500 has managed to eke out only a 0.6% gain (through July 7). It would be understandable, then, if investors wished to seek out some consistent performers in the midst of an erratic market. We set out to identify such issues in this week's screen. We started our search with the list of those companies whose stocks have performed well over three different time horizons, rising at least 30% over the past four weeks, 45% over the past 13 weeks, and 60% year-to-date (through July 2). And to make sure these were issues of a decent size, we then screened for those with a market capitalization of at least $100 million. Further, each stock had to trade at a price above $6.00 per share. When we ran the numbers, these 10 names emerged:
Kaye is an analyst for Standard & Poor's Portfolio Services All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.
BW MALL
SPONSORED LINKS
Get BusinessWeek directly on your desktop with our RSS feeds.
Buy a link now!![]() Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page | | |