It is well to keep in mind that, though the approach is on average a winner, it is somewhat more volatile than strategies that are more strictly value oriented. Thus, there can be times, for instance in 2008 to early 2009, when it will temporarily under-perform both the market as a whole and a classically Ben Graham method. If there are extra reserves on hand, at such times they can be added into the mix while prices tend to be lower, boosting the value aspect of this method.
A review of the current top candidates shows that they have an average market-capitalization of $3.93 billion, an annual dividend of 3.70%, a price to book value of 1.26, and a 52-week price change of 29.45%. (By comparison, the average U.S. stock in the S&P 500 Index has a market-cap of roughly 36 billion, a dividend of 1.71%, a price to book value of 2.89, and a 52-week price change of 2.92%.)
In addition, they are all stocks that at least one major investment service feels should do well. Certainly not all stocks with such characteristics will excel. Yet these seem to have a lot going for them.
Good luck with your own tweaking of screens, investment results, and commitment to superior strategies.