Synutra International, Inc. (NASDAQ:SYUT)
CAPS Rating:
The Company owns all of the equity interests of eight companies in the People's Republic of China, each engaged in different stages of the production, marketing, packaging and development of dairy based nutritional products in China.
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
Doesn't seem to be all that effective, since you're in negative territory on 30 of 59 picks. Or am I missing something?
Yeah, I would probably say to do the opposite