American Association of Individual Investors, AAII, Uncovers Ten Stocks That Meet Criteria for Inclusion in Their Shadow Stock Portfolio.Business Editors CHICAGO--(BUSINESS WIRE)--May 18, 2004 The American Association of Individual Investors American Association of Individual Investors (AAII) A not-for-profit organization to educate individual investors about stocks, bonds, mutual funds, and other financial instruments. (AAII AAII See: American Association of Individual Investors ) introduces Ten companies that are now candidates for inclusion in their popular Shadow Stock portfolio. Four times a year, the editors at AAII screen the universe of over 8,000 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. to find a handful of promising stocks to be considered for inclusion in the Individual Investor's Shadow Stock portfolio. The stocks are picked using a proprietary screen that is designed to build a risk-reducing portfolio. "The Shadow Stock portfolio serves to educate individual investors on how to use a value-oriented approach to successfully select micro-cap stocks Micro-cap stock See: Penny stock ," says James Cloonan, AAII's founder and chairman. The portfolio has a 10-year annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. return of 16.4%, and last year returned an impressive 83.4% while taking on substantially less risk than the overall market. A partial lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. of stocks that are currently passing AAII's Shadow Stock Screen are as follows:
Company: Ticker:
Cronos Group CRNS
Duckwall-ALCO Stores, Inc. DUCK
Gottschalks Inc. GOT
Lazare Kaplan International LKI
Northwest Pipe Company NWPX
To view the complete list of ten stocks, including return
and risk data, visit: www.aaii.com/stocks.
Over time, AAII will continue to report on selection criteria, discuss variations that can affect risk, and show how these and other stocks can be combined to match an investor's desired overall risk profile. About AAII: The American Association of Individual Investors is a not-for-profit organization that arms investors with the knowledge and tools needed to manage their finances effectively. With over 150,000 members and over 25 years of service, AAII specializes in providing education in the areas of stock investing, mutual funds, portfolio management and retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. . For more details, visit www.aaii.com or www.aaii.com/stocks |
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