High P/E with Safety
P/E is an old standard for value investors. With the rise of technology stocks, if you followed the old rules for using P/E (i.e. low P/E stocks) you would have missed out on some of the greatest investments of all time. This strategy puts the old rationale on its head and looks for stocks with high P/E (but not too high) that also have financial safety and deploy their assets responsibly. Finally, we added a market timing metric, a trailing stop, and a profit taking measure to minimize drawdown.
Currently outperforming SPY by {{ yearExcess | percent }}
Currently underperforming SPY by {{ yearExcess | percent }}
Excess return: {{ summary.excess | percent }}CAGR: {{ summary.cagr | percent }}Max Draw Down: {{ summary.drawdown | percent }}
universe:  all stocks
US companies only
SP500 members only
ETFs
tickers:{{ u }}
industries:{{ u }}
sectors:{{ u }}
buy rules
{{ r.lhs }}{{ r.rhs }}
sort rule
{{ spec.sort }}  
purchase smaller first
purchase larger first
sell rules
{{ r.lhs }}{{ r.rhs }}
portfolio size{{ spec.positions || ' ' }}   
min hold time
(trading days)
{{ spec.minHold }}
Full Strategy Access
( 8 buy rules and 3 sell rules )
available with any paid subscription
Stocks that meet this strategy today
Use Watchlist to implement this strategy and know what to buy and when to sell.
You can refine the strategy to try and improve your returns in Backtester.
Load the strategy in Screener to see current stock selections.
Terms of UsePrivacy PolicyPricingContact UsOpen Source
Data source: CSI (www.csidata.com), Zacks Investment Research, Inc.
© Atreidian LLC 2024 All Right Reserved
add your email if you'd like a reply
Genovest is always looking for ways to improve our products.
We appreciate your contribution!