Using Stockrank Movers as an Upgrade Signal. James Fisher - A Case in Point?
Every morning I take a 10 minute tour of the Stockrank Movers to see if any of companies in my universe have been upgraded by >10 units. Since their results 2 days ago the newly computed James Fisher and Sons (LON:FSJ) numbers have gained +30 to 91 for Stockrank score and the Quality score has jumped +35 to 89. James Fisher was already showing excellent Momentum (Score 99), so the Stockrank improvement is largely a Quality score “Upgrade”.
Checking back on James Fisher and Sons (LON:FSJ), the end of year numbers and outlook look equally impressive. Excellent ROCE% and ROE% and with the characteristics of a moat. All enough to make me take a initial position this morning @ £19.05 and a (hopefully good ) example of how a big Stockrank/Quality Rank improvement can flag up an improving opportunity? Ian
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James Fisher and Sons plc is a United Kingdom-based company, which is a service provider to all sectors of the marine industry and a specialist supplier of engineering services to the energy industry. The Company operates through four segments: Marine Support, Offshore Oil, Specialist Technical and Tankships. Its Marine Support businesses provide products, services and solutions to the marine industry. Marine Support services are supplied to a range of end market sectors, including marine, ports and renewables. Its Offshore Oil businesses supply a range of services and equipment to the oil and gas industry. Its Specialist Technical businesses supply diving equipment and services, submarine rescue products and support services and engineering solutions to the United Kingdom nuclear decommissioning market. Its Tankships division operates a fleet of product tankers, which trade along the United Kingdom and North European coastline carrying petrol, diesel, kerosene and biofuels. more »
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3 Posts on this Thread show/hide all
Hi
Nice spot.
James Fisher and Sons (LON:FSJ) passes 22 of 25 on my Mark Minervini screen and the fails are very slight. I will look in more detail in the morning.
Thanks for the heads up.
Regards
Howard
In reply to post #453203
Another nice James Fisher and Sons (LON:FSJ) price lift this afternoon. Hopefully more to come?
In reply to post #454498
Hi
Yes I bought after seeing your post and added to this morning.
Thanks again for the heads up.
Regards
Howard