Thanks Allen, Re: Page 39 of the Summary and Index section of Value Line...............
That's the page from which I used to harvest the PIC stocks and the one that I was commenting on recently. It's a powerful screen in and of itself and could be used as a base for a "company stock" portfolio.
Note there are very few changes week over week. The stability of the list is one of its best features. Somewhat out of favor stocks tend to have the higher 3-5 year appreciation potential and many times the lower "Timeliness" rankings (1 being highest and 5 being lowest).
Remember that these companies have heavy "sponsorship" in that lots of analysts, investors and brokerages follow them. That means the Momentum crowd will have a love/hate relationship with them. AIM can use their 'love' to generate sequential sales and their 'hate' to acquire additional shares. The BETA is sometimes closer to 1.0 than the 'ideal' AIM stock because of the heavy sponsorship and familiarity of the companies.
As a BETA suppliment, remember to check the stocks' 52 week High/Low range for several years. AIM loves Zigs and Zags, but can live with extended trends in either direction. AIM loves both Frequency of price direction change and Amplitude of price change. Total return from an AIM account benefits from either or both.
Timeliness offers an opinion of where the stock is today and into the near term future where BETA indicates a personality trait of the security in question.
If/when the markets get ugly, the average timeliness and 3-5 year appreciation potential will start to change. I find that when nearing a market bottom there are far more #5 timeliness ranks on this page. Right now there are very few, so not much in the way of selection.