LOS ANGELES, Feb. 5 /PRNewswire/ -- Investor's Business Daily premiered its latest proprietary company rating tool, the SmartSelect(R) Composite Rating, which flags emerging leaders in the NYSE and Nasdaq stock tables daily. "With about 10,000 companies to choose, this will help business readers and investors separate the better performing companies from lagging companies faster," said William J. O'Neil, chairman and founder. The SmartSelect(R) Composite Rating wraps together in a computerized number (1, worst, to 99, best), the five individual IBD SmartSelect(R) Corporate Ratings (Earnings Per Share, Relative Price Strength, Industry Group Relative Strength, Sales + Profit Margins + ROE, and Accumulation/Distribution), that appear in IBD's price tables. These are five of the most relevant measurements that affect a company's future stock price appreciation. "The new SmartSelect(R) Composite Rating is not based on analyst opinion, but on the actual strength of companies. Our computers are set up to compare the performance of all listed companies, sorting by earnings growth, profitability, price movement, and so on," said O'Neil. "To find companies with the very best potential, the SmartSelect(R) Composite Rating provides one simple, easy-to-use assessment of a company's health and can help investors make better comparisons and decisions." O'Neil expects the Fed to continue lowering interest rates, which should help stocks find a bottom. He also noted that the government's move towards new tax cuts would further work in the market's favor. "This is an opportune time to start looking for emerging new stocks. The SmartSelect(R) Composite Rating will point to stocks showing the greatest overall fundamental and market strength. A 95 SmartSelect(R) Composite Rating tells you a stock is outperforming 95% of the market in terms of the five key performance factors mentioned. Additional information about Investor's Business Daily is available at www.investors.com and in two McGraw Hill bestsellers by O'Neil, "How to Make Money in Stocks" and "24 Essential Lessons for Investment Success." Investor's Business Daily is the fastest-growing business and financial newspaper for the last six years, according to the Audit Bureau of Circulations. With a total audience of nearly one million readers, IBD attracts self-directed investors and affluent corporate executives. It is noted for its proprietary stock market tables. Thirteen print sites support national distribution.
SOURCE Investor's Business Daily