The Eliminating Overpriced Stocks Edition
20 December 2012
Eliminating Overpriced Stocks with the StockCentral Screener
Francis F. has been using the StockCentral Stock Screener to search for investing ideas and had a question. Francis wrote to ask, "Is there a way to screen out overpriced stocks with stock screen?"
StockCentral's head guru Doug Gerlach responded with a few tips. "The StockCentral Stock Screener has a section called Valuation that may help you with culling stocks that are probably overvalued. Your definition and judgment as to what constitutes 'overpriced' may vary, but these factors should get you started."
"Besides the P/E ratio, in this section you can screen by historical value ratio (HVR). HVR is similar to relative value on the SSG or Toolkit 6 Stock Study. Historical value ratio is the current P/E ratio divided by the signature price/earnings ratio; the signature P/E ratio is the median of a company's annual high and low P/E ratios and is meant to represent the 'normal' P/E ratio that a stock usually sells for. ..."
Read more . . .
Discounts on the ICLUBcentral Club Tax Printers Only for StockCentral Subscribers
One of the biggest benefits of a StockCentral subscription for investment club members is the discounts on the ICLUBcentral Club State and Federal Tax Printers. StockCentral subscribers save $30 on each, paying just $59.99 instead of the regular price of $89.99.
In order to receive the discount, a member of the club who is a StockCentral subscriber must make the purchase from the ICLUB.com store. If this isn’t the club treasurer or administrator, that’s OK! Call ICLUBcentral at 1-877-33-ICLUB if you have any difficulty with receiving your discount.
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StockCentral Founder Doug Gerlach to Appear at World Money Show
StockCentral's resident guru Doug Gerlach will share stock investing tips and insights at The World MoneyShow, Jan. 30-Feb. 2 at the Gaylord Palms & Resort & Convention Center in Orlando. Doug will discuss small-cap stock investing at 4 p.m. on Feb. 1, providing ideas for small-company stocks to help enhance your own or your investment club's portfolio. He'll also reveal the five rules of small-cap stock investing as well as outline common pitfalls to avoid in pinpointing small-company opportunities. At 11:30 a.m. on Feb. 2, Doug will teach attendees dividend analysis for growth stock investors. He'll cover concepts such as yield, the payout ratio, and the importance of not chasing dividends in your stock portfolio. In his capacity as Editor-in-Chief of the Investor Advisory Service newsletter, Doug will also participate in a panel discussion of top-rated newsletter editors led by Mark Hulbert of the Hulbert Financial Digest. Along with Doug, the panel features some of the recipients of Hulbert's 2013 Newsletter Honor Roll, including Louis Navellier, Roger Conrad and James Lowell. The discussion will offer up ideas for 2013 and review common problems affecting individual investor performance in the market. Make sure to register for the free event and stop by to say hello to StockCentral's founder. Register Now!