For Stockopedia junkies like me, one of the interesting aspects of corporate results season is seeing how each company’s results affect its StockRank. The effects of a fresh set of figures can be dramatic. By ignoring whether a stock is cyclical or defensive, the StockRank system often highlights value in areas where market sentiment and broker forecasts suggest that stocks might be fully valued. Housebuilders are one example, mining stocks and big retailers are two other which currently score highly for value.I recently added FTSE 250 miner South32 and housebuilder Redrow to the SIF Portfolio after these firms’ interim results boosted their StockRank metrics. These same figures also caused them to qualify for the Stock in Focus screen.However, although my screen results are sorted by StockRank, stocks qualify for the screen based on my own set of fundamental criteria. StockRanks are not used for stock selection and companies which qualify may not have rising StockRanks. One example is today’s stock, thread manufacturing company Coats Group. This 250-year old group has recently qualified for my screen. Coats reported full-year sales of $1.5bn last year….
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