Well Over A Year Old And Counting...
2006-08-19 22:30 | Posted by The Graham Investor | Permanent Link | GeneralThe Graham Investor in its current form is now well over one year old
and has over 240 members! When
I started out, I created the screens for my own investing purposes....but many friends and colleagues also became interested and it sort of mushroomed from there. I have
continually tried to keep the site fresh (the screens themselves are automatically
updated) and to make enhancements.
The latest tweaks have involved adding RSS feeds that provide Business
and Value Investing News,
plus stock news (see the Intrinsic Value Screen for example and click the "N" link in the Charts/News column -- if a stock of interest isn't there, just clear the ticker in
the URL and add your own).
I'm not sure if visitors have seen the pages where Piotroski Scores and
CAGR Charts have
been generated
for many stocks -- just click on a ticker to see compounded annual
growth rates for many stocks. Of particular interest are stocks where the EPS curve is growing at a faster rate than
the stock price curve over the same period.
If the majority of the stock price data is above the curve on the longer-term chart, then you'll know that the stock is somewhat beaten down. See WMT for example and note that
most of the price data is above the curve.
Also of note is that the EPS for WMT is growing at 16.65% while the
stock price is growing at 15.19% over the same period.
The idea for the CAGR graphs comes from the "BMW Method", which I see as
a great way of
implementing Graham's "Relatively Unpopular Large Companies" approach.
This approach tends to work best for larger cap stocks with longer histories, and in particular DOW stocks.
As always, I welcome feedback from members and visitors and am happy to answer any questions posted either directly to me or in the Forums.
Wishing you success with your investing!
The Graham Investor