New Screeners and Portfolios

Introduction

We have created eight new screeners that we think will be of interest to the Stock Rover community. The screeners look for equities that have certain desirable characteristics such as growth, value, growth at a reasonable price, momentum, and dividend growth with consistency.

Each of the screeners has an associated companion portfolio. The companion portfolios were created at the end of May, 2024 based on what passed the screeners at that point in time. Each stock in each companion portfolio was granted $100,000 of virtual dollars, so the portfolios are all equal-weighted.

It will be interesting to track the performance of the portfolios going forward to get a sense of which of the screeners are performing best in the current market environment.

The new screeners and companion portfolios that interest you can be downloaded into your account via the Stock Rover Investor’s Library, as shown in the screenshot below.

Please note, the new screeners require a Premium Plus subscription. The companion portfolios are available to all subscription levels.

New Screeners

The eight new screeners are as follows:

Dividend Growth and Consistency

The Dividend Growth and Consistency screener looks for companies that have consistently increased their dividends every year for an 8 year period, along with a current payout ratio of less than 50%, a dividend yield greater than 2.4% and expected forward dividend growth of at least 2%. The stocks are screened from the universe of major US companies.

The companion portfolio consists of 27 stocks that passed this screener on May 30th, 2024.

Growth at a Reasonable Price

The Growth at a Reasonable Price (GARP) screener looks for stocks with good growth at a reasonable valuation. The screener identifies stocks with above average growth, coupled with below average (less expensive) valuation.

The companion portfolio consists of 32 stocks that passed this screener on May 31st, 2024.

Large Cap Rockets

The Large Cap Rockets screener looks for large cap companies (greater than 10 billion dollars in market cap) that are growing sales and earnings rapidly and are showing strong price momentum.

The companion portfolio consists of 24 stocks that passed this screener on May 30th, 2024.

Large Cap Value

The Large Cap Value screener looks for large companies (greater than 10 billion dollars in market cap) that are inexpensive by traditional measures such as low price to earnings, price to sales and price to book. These companies should still be growing sales and earnings.

The companion portfolio consists of 24 stocks that passed this screener on May 30th, 2024.

Mid Cap Rockets

The Mid Cap Rockets screener looks for mid cap companies (between 2 and 10 billion dollars in market cap) that are growing sales and earnings rapidly, and are showing strong price momentum.

The companion portfolio consists of 20 stocks that passed this screener on May 30th, 2024.

Momentum

The Momentum screener finds US stocks that are outperforming the S&P 500 over the last month and year, and are operating in industries and sectors that are also outperforming the S&P 500 over the last month and year.

An additional criteria is the industry must be outperforming the sector in the one month and one year periods. The stocks must also be outperforming 75% of their peer group and have a sentiment score that exceeds 75% of all other companies. All passing companies must have a market cap of at least 50 million dollars.

The companion portfolio consists of 20 stocks that passed this screener on May 31st, 2024.

Small Cap Rockets

The Small Cap Rockets screener looks for small cap companies (less than 2 billion dollars in market cap) that are growing sales and earnings rapidly, and are showing strong price momentum.

The companion portfolio consists of 8 stocks that passed this screener on May 31st, 2024.

Value with Momentum

The Value with Momentum screener find companies with a market cap of greater than 750 million dollars that are in the lowest 30% for their industry for Price / Earnings, Price / Book and Price / Sales.

The stocks must be in the top 25% of their industry for price momentum. The screener also ensures that despite their attractive relative valuation, these companies are also growing sales and EPS over the last 5 year period.

The companion portfolio consists of 18 stocks that passed this screener on May 30th, 2024.

Bonus Portfolio

I added in one bonus portfolio that may be of interest, especially if you follow technology. The portfolio follows seven industry leaders.

Fang Plus Portfolio

Given how hot the technology sector has been for a while, I thought it would be fun to create a portfolio based on a variation of the original FANG stocks (Facebook, Amazon, Netflix and Google). Of course Facebook is now Meta, and Google is now Alphabet.

But, in addition to the original FANG stocks, I figured how can you ignore Apple, Microsoft and especially NVIDIA. So I created an equal weight portfolio consisting of the original four FANG stocks, plus the aforementioned three, to track the performance of these seven dominant technology companies going forward.

The portfolio is named Fang Plus, and if you are interested in following how these big dogs navigate the future, you can download the portfolio from the Stock Rover Investor’s Library into your own account, as shown below.

I will be curious to see how this portfolio performs in the future.

Summary

I am hoping these eight new screeners provide you with some ideas for potential future investment candidates. The screeners themselves, once downloaded, can be tailored further to your tastes to implement the exact criteria you would like to use for a given screener strategy.

Of course any stock that passes a screener should be further vetted using the other tools and capabilities in Stock Rover and elsewhere to ensure the stock is worthy of receiving investment of your hard earned capital.