[Finding #1 Stocks: Screening, Backtesting and Time-Proven Strategies (The Zacks Series)] [Author: Matras, Kevin] [May, 2011]

by Kevin Matras

ROE of 11.8% (as of August 2010) whereas the steel industry has a median ROE of 5.8% ... an apples-to-apples comparison in an effort to find the top stocks. ...

Hardcover

First published March 25, 2011

Reviews

[Alexander Ruchti · Rating 1 out of 5]

Pretty much all strategies rely on the proprietary Zacks indicator, so you can't really replicate the strategies by yourself. And even if you could, many of the strategies look like the result of extreme data mining rather than actual insights.

[Charles Rotblut · Rating 5 out of 5]

If you want stock screening ideas, you’ll love this book. Kevin includes a large number of screens that are designed to find momentum stocks, growth stocks, value stocks, and dividend stocks. Whatever your preference is, chances are there is a screening idea for you in this book.

Kevin Matras is a screening expert, who backtests every strategy he writes to make sure it works. Rather than just look for random anomalies, he stops to consider whether the criteria make sense. I know this to be fact because I worked with Kevin for several years.

Many of the strategies are based on the Zacks Rank. While the screens are optimized for Zacks’ Research Wizard stock screening program, they can be adopted to other stock screening programs, such as AAII’s Stock Investor Pro. The key is to look for rising earnings estimates and positive earnings surprises. You won’t get the exactly the same results, but you’ll still be able to capture the spirit for many of the screens in this book.

[Jevgenij]

An ad to buy Zack's premium membership

[Grace Yu · Rating 4 out of 5]

1st read on 4/30/2015
2nd read started on 5/15/18