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June 03, 2010 | Mike | Comments 1

New Piotroski Screen Stocks

Good evening.  The markets were primarily bullish today, as traders await the jobs report number tomorrow.  Tomorrow at 8:30 am EDT we have the following economic number releases:

  • Nonfarm payrolls
  • Unemployment rate
  • Hourly earnings
  • Average workweek

I am looking to see about 500k for Nonfarm payrolls, versus prior period of 290k.  Since this is released prior to the markets open, expect to see a gap up or down when the markets officially open.

Below you can find a six-month daily chart of the SPY, with ATR signals.

I ran the Piotroski screen this evening, and noticed 8 stocks with a rating of 9/9!  This is the most I have seen since tracking this screen methodology.  Of the 8 stocks, 5 are new to the screen.  I will summarize the new fab five below and include a basic chart with ATR buy/sell signals.

Littelfuse, Inc. (LFUS) designs, manufactures, and sells circuit protection devices for use in the automotive, electronic, and electrical markets in the Americas, Europe, and the Asia-Pacific. The company offers electronic circuit protection products, such as fuses and protectors, positive temperature coefficient resettable fuses, varistors, polymer electrostatic discharge suppressors, discrete transient voltage suppression diodes, TVS diode arrays and protection thyristors, gas discharge tubes, and power switching components, as well as fuseholders, blocks, and related accessories under PICO II, and NANO2 SMF, TECCOR, SIDACtor, and Battrax brand names. It offers its electronic circuit protection products for use in wireless telephones, consumer electronics, computers, modems, telecommunications equipment, telephones, data transmission lines, and alarm systems. The company also provides automotive fuses that are used in automobiles, trucks, buses, and off-road equipment to protect electrical circuits and the wires that supply electrical power to operate lights, heating, air conditioning, radios, windows, and other controls, as well as offers fuses for the protection of electric and hybrid vehicles. It markets its automotive fuse products under ATO, MINI, MAXI, MIDI, MEGA, MasterFuse, JCASE, and CablePro brand names. In addition, Littelfuse manufactures various low-voltage and medium-voltage circuit protection products, such as power fuses that are used in the protection from over-load and short-circuit currents in motor branch circuits, heating and cooling systems, control systems, lighting circuits, and electrical distribution networks to electrical distributors and their customers in the construction, original equipment manufacturers, and industrial maintenance and repair and operating supplies markets. Littelfuse sells its products through direct sales force and manufacturers’ representatives. The company was founded in 1927 and is headquartered in Chicago, Illinois.

Stepan Company (SCL) engages in the production and sale of specialty and intermediate chemicals. The company operates in three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers products that are principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors, and walls, as well as shampoos, body washes, fabric softeners, and toothpastes. Its other applications include biodiesel, germicidal quaternary compounds, lubricating ingredients, emulsifiers for spreading agricultural products, and plastics and composites. The Polymers segment provides phthalic anhydride, which is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials and components of automotive, boating, and other consumer products; and polyols that are used in the manufacture of laminate insulation board for the construction industry, as well as sold to the appliance, flexible foam and coatings, adhesives, sealants, and elastomers (C.A.S.E.) industries. The Specialty Products segment offers flavors, emulsifiers, and solubilizers used in the food and pharmaceutical industries. It operates in the United States, France, the United Kingdom, and internationally. The company was founded in 1932 and is headquartered in Northfield, Illinois.

Fossil, Inc. (FOSL) designs, develops, markets, and distributes fashion accessories worldwide. It offers a line of fashion watches under its proprietary brands, such as FOSSIL, MICHELE, RELIC, and ZODIAC; and through licensed brands, including ADIDAS, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, MARC BY MARC JACOBS, and MICHAEL Michael Kors. The company designs and markets, as well as arranges for the manufacture of watches and accessories on behalf of certain mass market retailers, companies, and organizations as private label products or as premium and incentive items for use in various corporate events. It also provides various fashion accessories for men and women, including handbags, belts, small leather goods, jewelry, and sunglasses under the FOSSIL, FIFTY-FOUR, MICHELE, DIESEL, DKNY, and RELIC brand names through company owned retail stores, department stores, and specialty retail stores, as well as over the Internet and through catalogs. In addition, the company sells a line of cold weather accessories comprising hats, gloves, and scarves, as well as a handbag collection. Further, it offers apparel, including jeans, outerwear, fashion tops and bottoms, and tee shirts for men and women through company-owned stores, as well as over the Internet and through catalogs. Additionally, the company provides footwear products, such as sport court sneakers, authentic casuals, dress classics, and boots for men, as well as fashionable flats, heels, wedges, and boots for women. Fossil, Inc., through a license agreement with the Safilo Group, manufactures, markets, and sells optical frames under the FOSSIL and RELIC brand names in the United States and Canada. As of January 2, 2010, it operated 127 retail stores and 74 outlet stores in the United States; and 126 accessory retail stores, 11 multi-brand stores, and 16 outlet stores internationally. The company was founded in 1984 and is headquartered in Richardson, Texas.

Cymer, Inc. (CYMI)  together with its subsidiaries, engages in the development, manufacture, and marketing of excimer light sources for the manufacturers of photolithography tools in the semiconductor equipment industry. It offers installed base products in support of chipmaker customers used in their advanced wafer patterning production processes. The company also provides deep ultraviolet light sources to lithography tool manufacturer customers, who integrate the light source into their wafer steppers and scanners, which they then provide to chipmakers. Its products include 193 nanometers (nm) ArF immersion light sources, 193 nm ArF dry light sources, and 248 nm KrF light sources offered under XLR, XLA, Nanolith, 5000, 6000, and 7000 brand names. In addition, Cymer, Inc. sells replacement parts to lithography tool manufacturers. It markets its products and services in the United States, Europe, Japan, Taiwan, Korea, Singapore, and China. The company was founded in 1986 and is headquartered in San Diego, California.

Deltic Timber Corp. (DEL) a natural resources company, together with its subsidiaries, grows and harvests timber, as well as manufactures and markets lumber. The company’s Woodlands segment provides timberland management services, such as harvesting and thinning operations, reforestation, cull timber removal programs, and introducing seedlings. This segment also leases oil and gas, mineral, and hunting land, as well as other rights on its timberlands; and provides harvest planning, silvicultural improvement, and maintenance works for timberlands owned by others under management contracts with one-year renewable terms. As of December 31, 2009, it owned 448,600 acres of timberland in Arkansas and north Louisiana. The company’s Mills segment operates two sawmills to manufacture and sell various softwood lumber products, such as dimension lumber, boards, and timbers to wholesale distributors, lumber treaters, large retailers, and truss manufacturers, as well as for use in residential construction, roof trusses, and laminated beams. Its Real Estate segment develops and markets residential lots for homebuilders and individuals; and commercial sites for developers and businesses. This segment also sells undeveloped acreage; and develops Chenal Valley, a community with 4,800 acres of residential and commercial properties; Chenal Downs, a 400-acre development; and Red Oak Ridge, an 800-acre development. The company also holds a 50% interest in Del-Tin Fiber L.L.C., a joint venture to manufacture, distribute, market, and sell medium density fiberboard for the manufacturers and distributors of laminated flooring, furniture, cabinets, fixtures, and molding. Deltic Timber Corporation was founded in 1996 and is based in El Dorado, Arkansas.

Make the best of the day tomorrow!  I have a 7:00 am Investment Club meeting and then off to work at 8:00.  I’ll only be working until about 12:00 tomorrow, since my family is going on a road trip this weekend.  One night in Charlotte and one night in Topsail Beach.  Have a great weekend!

Entry Information

Filed Under: Economic DataStocks

About the Author: Mike is the founder of this site, www.mikefanelli.com He has extensive professional experience in accounting and financial analysis, and is currently a licensed CPA, with a focus on Merger & Acquisition Due Diligence in New York, NY.

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  1. From Piotroski Screen Results: 1.5.11 : Mike Fanelli on Jan 6, 2011

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