Stock Tickers: AAWW, CELL, HPOL, OSIS, PWAV, SIRO, TTEK, UNFI, VAS, WTS
The new cover story for the May 2007 Smart Money Magazine is an interesting one as "The Ten Stocks For The Next Ten Years" and is one that will carry some interest from small cap and growth-oriented investors for those seeking secular trends. This was posted online earlier this week, but this is the sort of issue that you usually want to look at a few days after the dust settles and over the first weekend that the magazine is actually on the stands. Many will have seen this online or will have seen some of it this morning on CNBC or elsewhere, but most readers of the hard copy will probably be reviewing this 10/10 list over this weekend.
The screening criteria used by Smart Money was not a focus on the classic P/E ratios or book value, and the names are an interesting mix of companies. Many of these are well known and have been around for some time, and some are rather obscure names that the public doesn’t follow that closely. The screen put a greater emphasis on price/sales ratios; its looked for a classic small-cap range from $300 million to $2 billion in market value; a history of rising sales of at least 10% a year over the past five years. That screen produced 150 names that they chose 10 stocks from.
Read More »