Overall it was a good year for this somewhat off the wall screen that I developed several years ago as a way to find seemingly cheap companies.
Electro Scientific Industries leads a parade of value stocks that have performed quite nicely in a growth-oriented market.
Despite the disparity this year between growth and value, my 2017 Double Net Value Portfolio is not struggling.
My tracking portfolio is flat for the year to date, though there have been wildly divergent performances by the constituent stocks.
An eclectic mix of 20 companies made my cut of stocks trading at 1x to 2x net current asset value.