Stock Strategy Winners From the 2004 Performance Derby
by John Bajkowski
After nearly 10 months of jockeying up and down, the stock market nosed decisively ahead and is poised to end 2004 with gains for all the major indexes. The S&P 500 is up 6.1% through December 10, 2004, while the S&P SmallCap 600 is up 17.6%. Forty-five of the 54 strategies tracked on AAII.com showed positive gains for 2004.
Table 1 on presents the performance of the stock screens tracked on AAII.com, along with index performance data. The screening approaches listed in the table are grouped by a growth versus value orientation, with additional specialty and sector screens broken out separately. Within each grouping, the companies are ranked by performance for 2004.
In this article
- Judging How They Performed
- The 2004 Winner
- Value Winner
- Growth & Value Winner
- Growth Winners
- Turnover & Risk
- Conclusion
Share this article
The value-priced technology screen that follows the Michael Murphy philosophy led all strategies during 2004 with an 87.7% gain, while the growth-and-value Zweig approach continued as long-term leader by gaining 39.4% during 2004, resulting in a 1,183.2% cumulative gain since 1998.
To read more, please become an AAII Registered User or CLICK HERE.
