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Stock mutual funds that have done well since the Brexit low
@Paul_Katseff, thanks for the contributions! It appears both articles are pushing IBD's Comp rating so I wondered if you have any statistics about how well those ratings have done over time and in different markets? The articles say one should look for stocks with a rating of 95 or higher. If someone had bought all stocks that reached that rating how would they have done? What's the expected holding period or the trigger to sell?
I'd also suggest being careful with data from Morningstar. In the second linked article your table includes the top 10 funds since the June 27th lows but it doesn't include Primecap Odyssey Aggressive Growth (POAGX), which I believe had a 17.5% return from 6/27-8/28, or Primecap Odyssey Growth (POGRX), which I believe had a 16.1% return during that period. I only checked 5 or 6 funds that I own or keep track of and know have done well so I wouldn't be totally surprised if M* left out a few others too but who knows, maybe I just got lucky.
Hi, LLJB. Thnx for reading my report and commenting. Re your question about where the two Primecaps are: Primecap Odyssey Aggressive Growth was No. 11 among all US diversified stock mutual funds with at least $100 million in asset in the post Brexit period I looked at. It had a 13.97% return. Its stablemate, Primecap Odyssey Growth, was sixteenth best, with a 12.83% return. As you pointed out, the table that accompanied the story only listed the top 10.
Re your questions about Composite Ratings: I'll look into the historical data.
Re your sell trigger question: There are several. It depends on what the stock is doing. I'll look for links that explain which sell signals to look for in which circumstances and post them here or in another report.
Again, thnx for your interest. And have a good labor day holiday.
Comments
Regards,
Ted
I'd also suggest being careful with data from Morningstar. In the second linked article your table includes the top 10 funds since the June 27th lows but it doesn't include Primecap Odyssey Aggressive Growth (POAGX), which I believe had a 17.5% return from 6/27-8/28, or Primecap Odyssey Growth (POGRX), which I believe had a 16.1% return during that period. I only checked 5 or 6 funds that I own or keep track of and know have done well so I wouldn't be totally surprised if M* left out a few others too but who knows, maybe I just got lucky.
Re your questions about Composite Ratings: I'll look into the historical data.
Re your sell trigger question: There are several. It depends on what the stock is doing. I'll look for links that explain which sell signals to look for in which circumstances and post them here or in another report.
Again, thnx for your interest. And have a good labor day holiday.