Walter Schloss

Walter J. Schloss was a disciple of the Benjamin Graham. Schloss asserted that the lows of the stock price over the last couple of years give us a good idea of where the stock can land in case of a weakness and the highs of the past can indicate the level of fall the stock has seen.It is also better if the management owns a lot of the company though the management's reputation can be a deal breaker. Depressed stocks need about 4-5 years to turn around. This screener checks for long-standing but undervalued companies with high promoter holdings.

by Rajwinder