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jhschmitt  
#1 Posted : Monday, April 30, 2007 1:34:27 PM(UTC)
jhschmitt

Rank: Newbie

Posts: 1

I may be really confused, but I was just entering stocks from the Roster of Quality Companies into the "Take Stock" tool and every single one either recommended NOT buying the stock or buying it but only at 75 to 80% of the current price. 

Does the "Take Stock" tool recommend any stocks?  Or is the "Roster of Quality Companies" not to be trusted.  Of course, I always do my own analysis, but I've been counting on the Roster to identify some stocks to study, but then when the "Take Stock" tool says "Don't Buy" or "Buy at a much lower price" it just has me unsure who to trust.

Here are the ones I entered:  ABAX, ARO, FDX, AIB, GD and LOGI.

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gerlach  
#2 Posted : Monday, April 30, 2007 1:52:49 PM(UTC)
gerlach

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Posted By Jeffrey Schmitt on 04/30/2007 5:34 PM
Does the "Take Stock" tool recommend any stocks?  Or is the "Roster of Quality Companies" not to be trusted.  Of course, I always do my own analysis, but I've been counting on the Roster to identify some stocks to study, but then when the "Take Stock" tool says "Don't Buy" or "Buy at a much lower price" it just has me unsure who to trust.

Here are the ones I entered:  ABAX, ARO, FDX, AIB, GD and LOGI.


The Complete Roster only considers QUALITY factors, not valuation.

One tip is to use the Stock Screener to look for stocks that have Acceptable Take Stock Quality Ratings or higher (which will approximate the Complete Roster listing) and then add Relative Value between .75 and 1.0 (or thereabouts). Sort the results by Take Stock Quality Rating and start with the 10s and work your way down the list using the Take Stock link in the right column.
physlab  
#3 Posted : Tuesday, May 1, 2007 5:14:32 AM(UTC)
physlab

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Posts: 13

"Does the "Take Stock" tool recommend any stocks?  Or is the "Roster of Quality Companies" not to be trusted.  Of course, I always do my own analysis, but I've been counting on the Roster to identify some stocks to study, but then when the "Take Stock" tool says "Don't Buy" or "Buy at a much lower price" it just has me unsure who to trust."

Jeffrey,

I've been running a wager portfolio titled, ICLWager, since 2003.  What I do is purchase "all green" stocks and sell when the quality rating drops to the "red" zone.  Since October 31, 2003, this portfolio has an IRR value of 14.5%.  This exceeds all the benchmarks.  The first stocks to populate this portfolio were purchased in early 2003.  Since the initial purchases, the IRR is 15.8%.

All the details of this portfolio are available if one goes to my Home Page and then clicks on the ICLWager Portfolio box.

https://home.comcast.net/~LowellHerr/index.html

I think this is one of the longest running tests of Take $tock, where real money is used.  Ellis Traub likely has data going back even further.

Lowell Herr
countrywood  
#4 Posted : Wednesday, May 2, 2007 8:16:13 AM(UTC)
countrywood

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After I do my SSG, I always check Take Stock to see what they used for judgements.  Some times, however, I just cannot figure out how TS comes up with some of its comments in the summary.  For example, I looked at a company, PERT A and growth was in mid teens and TS said it was -1.6%.  My experience with Roster of Quality Companies is that I get good ideas and they are almost always overvalued.  So on to the watch list.  Once in a while, price actually drops to something more reasonable.  I appreciate both tools.  As a side comment for Stock Central.  TS that I purchased which shows the SSG is a lot more helpful than the version on Stock Central.  At least for my use, a learning tool for doing SSG. 
jncraig  
#5 Posted : Wednesday, May 2, 2007 11:50:44 AM(UTC)
jncraig

Rank: Advanced Member

Posts: 561

Lynn,

If you identify the company, we can take a look ...
Joe
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