R&D Breakthroughs Screen
This screen seeks to identify research-led businesses that are investing significantly in future development in order to try to identify their potential future growth before the market does.
As Jack Hough notes, "When a company announces a breakthrough drug or a sudden advance in computer-chip technology, its shares often soar right away. Imagine being able to foresee which companies are due for such lucrative discoveries".
Specifcially, the screen looks for R&D investment levels that are increasing and which equal at least 5% of annual sales and 5% of total assets. It also looks for Price to R&D ratios that are below 20x. more »