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What is the PEG screen. How does it work?

April 26, 2017peg screen

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What is the PEG screen. How does it work?

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The PEG screen uses the Value Line list of stocks with Timeliness rankings of 1 or 2. It looks for stocks with good recent price appreciation (relative strength), good projected earnings growth, and a good PEG ratio. The PEG ratio used by this screen is similar to the Fool Ratio, which is described here – http://www.fool.com/FoolFAQ/FoolFAQ0019.htm Moe Chernik invented the PEG screen in summer 1998. He has written an excellent series of articles describing this method – http://boards.fool.com/Message.asp?mid=14897874 http://boards.fool.com/Message.asp?mid=14897893 http://boards.fool.com/Message.asp?