|
|
|
|
|
|
StockCentral :: Community
|
|
Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
| Author |
Messages |
|
Mark Robertson
Rochester Hills, Michigan
www.manifestinvesting.com
 |
| 02/01/2007 3:39 PM |
|
Happy Groundhog Day eve to all of you!
Leave it to me to gum up the works of this investment selection "contest"
with a somewhat unusual entry.
My fifth pick in the contest is Vanguard Growth ETF (Ticker = VUG)
The analysis of funds (mutual funds, closed-end funds, exchange-traded
funds) at www.manifestinvesting.com is based on the aggregate evaluation
of all of the holdings. The weighted averages for each characteristic form
our assessment of the funds. This includes projected annual return (PAR),
quality rating, financial strength, forecasted sales growth, etc.
This particular ETF has many stocks that are appealing to the disciples of
George [Nicholson]. The overall PAR is 12.7% and the quality rating is 71.2.
This is an excellent quality rating (>65 for any stock is top quintile or excellent)
and the fund ranks among the quality leaders among fund alternatives.
But perhaps more importantly, we track the median PAR for all 2700+ stocks
followed at MANIFEST. It is currently near historical lows at 9.4%. The
multi-decade range for this indicator has been 8-20%. At times like this,
experience suggests that high-quality and high financial strength can be
a very good idea. VUG has an average financial strength rating of 89% -- again
ranking among the best of all funds that we follow.
The attached graphic provides a closer look at these characteristics for the
top 25 holdings of VUG.
So many companies, so little time. For some investors, ETFs can be an
extremely cost-effective long-term investing solution.
Mark Robertson
www.manifestinvesting.com
|
|
|
|
|
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
|
ActiveForums 3.7
|
|