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Byline: KEN SHREVE
Target stocks with good qualities, not bad ones. It may seem obvious, but many investors have a tough time doing it.
Instead of focusing on stocks with strong earnings and sales growth, leading price performance and rapidly expanding mutual fund ownership, some investors will buy stocks because of a well-known brand or because it has a nice dividend.
In many cases, companies like this are slow moving, laggard stocks with slowing earnings and dwindling mutual fund ownership.
You won't find stocks with bad qualities in Screen Of The Day (investors.com/screen), a subscriber-only feature at IBD's Web site. Each day, we scour our database to find stocks with the strongest potential based on a variety of criteria.
Eighteen screens …