Creating a Custom Consensus of your Winningest Screens

Every week in this article, I either go over a unique way to screen for stocks or I’ll publish a proven profitable screening strategy.

If you’re a regular reader of this column, you know that most of our strategies have done fantastic. The only real decision is in choosing which one(s) you want to start using.

Well instead of choosing just one, why not look at them all and create a Custom Consensus of some of our winningest strategies.

This too is a great strategy for picking winning stocks from many diversified approaches. Because aside from using the Zacks Rank for many of the screens, there are many other filters layered on top of it to find the best stocks from different styles.

The screens I’m currently using in my Custom Consensus strategy come loaded with the Research Wizard program.

-- Big Money (a price momentum screen and one of my favorites)
-- Breakouts2 (cheap stocks near their 52 week highs)
-- EPS Growth
-- Filtered Zacks Rank
-- ROE
-- PEG
-- Upgrades and Revisions2 (another one of my favorite strategies)
-- Increasing Cash Flows
-- Sales and Margins
-- Winning Ways

(I should probably add that they are all my ‘favorite’ strategies, which is why they’re included in the program.)

Anyway, simply run each screen, generate a list of qualified tickers for each one, and then count how many times a stock appears in all of those screens.

If a stock appears in two or more screens, it qualifies for the Consensus portfolio.

Here are five stocks from this week’s (8/29/05) Consensus list.

AH - Snapshot Report Armor Holdings Inc.
(from the EPS Growth screen, and the Upgrades and Revisions2)

GRP Grant Prideco, Inc.
(EPS Growth screen, Filtered Zacks Rank screen, and the Upgrades and Revisions2 screen)

JLG JLG Industries, Inc.
(Increasing Cash Flows screen, ROE screen, and Sales and Margins)

NPO - Snapshot Report EnPro Industries, Inc.
(EPS Growth screen and Upgrades and Revisions2)

UHAL - Analyst Report AMERCO
(Increasing Cash Flows and ROE)

All the Screen of the Week strategies are created and back-tested using the Research Wizard software from Zacks Investment Research. Learn more about the Research Wizard free trial offer and our new special report “Top 10 Stock Screening Strategies” Click here and find out how .

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Read the full analyst report on UHAL

Read the full analyst report on NPO