As of Wednesday, the Historical Low Price-Sales model portfolio has returned approximately 16.13% since the Jan. 1 rebalance date and over 244% since the model portfolio’s inception in 2010 according to the GuruFocus Model Portfolios page. The top-performing stocks are Biogen Inc. (BIIB, Financial), CI Financial Group (CIXX, Financial), Federal Realty Investment Trust (FRT, Financial), Blackbaud Inc. (BLKB, Financial) and AvalonBay Communities Inc. (AVB, Financial).
GuruFocus’ Historical Low Price-Sales screen lists the stocks that have high business predictability and price-sales ratios less than 1.5 times the historical low price-sales ratio. Several firms like Arnold Van Den Berg (Trades, Portfolio)’s Century Management and Ken Fisher (Trades, Portfolio)’s Fisher Investments have applied a low price-sales investing strategy.
Table 1 lists the number of stocks making the Historical Low Price-Sales screen for each GuruFocus region as of Wednesday.
| Region | U.S. | Asia | Europe | Canada | U.K. / Ireland | Oceania | Latin America | Africa | India |
| Number of Historical Low Price-Sales Stocks | 17 | 202 | 83 | 0 | 24 | 0 | 40 | 12 | 17 |
Table 1
Biogen
Shares of Biogen (BIIB, Financial) traded around $366.28, up approximately 52.90% in the year to date. The stock is modestly overvalued based on Wednesday’s price-to-GF Value ratio of 1.29.
The Cambridge, Massachusetts-based drug manufacturer’s shares skyrocketed on June 7, following the Food and Drug Administration’s approval of the company’s treatment for Alzheimer’s. GuruFocus ranks the company’s profitability 9 out of 10 on several positive investing signs, which include a 3.5-star business predictability rank and profit margins and returns outperforming more than 90% of global competitors.
Gurus with large holdings in Biogen include PRIMECAP Management (Trades, Portfolio), the Vanguard Health Care Fund (Trades, Portfolio), Jim Simons (Trades, Portfolio)' Renaissance Technologies and Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial).
CI Financial Group
Shares of CI Financial Group (CIXX, Financial) traded around $18.54, up approximately 48.69% in the year to date. The stock is fairly valued based on Wednesday’s price-to-GF Value ratio of 0.97.
GuruFocus ranks the Toronto-based asset management company’s profitability 9 out of 10 on several positive investing signs, which include a 4.5-star business predictability rank, a high Piotroski F-score of 7 and a return on equity that outperforms more than 88% of global competitors.
Federal Realty Investment Trust
Shares of Federal Realty Investment Trust (FRT, Financial) traded around $119.28, up approximately 41.19% in the year to date. The stock is modestly overvalued based on Wednesday’s price-to-GF Value ratio of 1.14.
GuruFocus ranks the North Bethesda, Maryland-based retail REIT’s profitability 8 out of 10 on the back of a 3.5-star business predictability rank despite profit margins and returns underperforming more than 52% of global competitors.
Blackbaud
Shares of Blackbaud (BLKB, Financial) traded around $78.19, up approximately 35.21% in the year to date. The stock is fairly valued based on Wednesday’s price-to-GF Value ratio of 1.01.
GuruFocus ranks the Charleston, South Carolina-based software company’s profitability 7 out of 10 as a result of a high Piotroski F-score of 7 despite profit margins and returns underperforming more than 56% of global competitors.
AvalonBay Communities
Shares of AvalonBay Communities (AVB, Financial) traded around $212.92, up approximately 32.87% year to date. The stock is modestly overvalued based on Wednesday’s price-to-GF Value ratio of 1.22.
GuruFocus ranks the Arlington, Virginia-based apartment REIT’s profitability 7 out of 10 on the back of returns outperforming over 75% of global competitors.
