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Martin Zweig | Growth Investor
Profile: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year,
during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge
funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most
expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop
culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by
Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland,
according to published reports.
Investment Strategy: Zweig is a growth investor with a serious conservative streak. To pass his strategy, a stock must meet a slew of
earnings-related criteria, showing that its earnings growth is: at a high rate over the long haul; persistent over several years in a row;
accelerating in more recent quarters; and sustainable, i.e. driven by sales growth, not cost-cutting measures. In addition, Zweig wanted to
make sure he wasn't paying too much for a company's growth. If a stock was selling at a price/earnings multiple that was more than three
times the market average, or greater than 43 regardless of the market P/E, he avoided it. Another part of his conservative streak: Zweig
wanted a firm's debt/equity ratio to be low compared to its industry average.
Book Used for Strategy: Winning on Wall Street
Model Portfolio Performance:
Since Inception: -7.69%
TSX: 8.07%
Full Performance Details
Stocks Passing Strategy: 10 Stock Model Portfolio | All Stocks Passing Methodology
Recent Upgrades and Downgrades:
Upgrades - EQUITABLE GROUP INC. | WINPAK LTD. | NEW GOLD INC. | CHORUS AVIATION INC. | METRO INC. |
Downgrades - FIRST NATIONAL FINANCIAL CORPORATION | ENGHOUSE SYSTEMS LIMITED | ENBRIDGE INCOME FUND HOLDINGS INC. | CHORUS AVIATION INC. | METRO INC. |
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