This configuration of the stock screener was created based on the rules described in the book "The little book that makes you rich", by Louis Navellier. The book defines eight criteria that should be met before a stock qualifies as growth stock which fits the system. These eight rules were converted into screener settings and there is a linked article available which discusses this screen a bit deeper.
A stock screener based on the rules described in the book "The little book that makes you rich", by Louis Navellier.
The Little Book That Makes You Rich is a beginners guide to investing in the stock market, with a focus on growth investing. The author, Louis Navellier, provides a framework for identifying and investing in high-growth companies, and offers insights on how to build a diversified portfolio. The book also includes information on market trends and strategies for managing risk. It is one of several books Navellier has written on investing and personal finance. ChartMill has translated the rules in the book into a trading idea that allows you to look for stocks that meet the selection criteria.
Positive Earnings Surprises
High return on Equity
The EPS estimate for the next quarter has been increased with at least 4% in the last 3 months
Earnings growth
Expanding Operating Margin
Increasing sales growth
Earnings growth
Only US stocks
Positive Earnings Surprises
Strong Cash Flow
Increasing sales growth
Positive Earnings Momentum
Default charts
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.