Just to be crystal clear, the article and the screen are in no way meant to refute the usefulness and greatness of FCF. I use FCF in various screens myself, including the Modified Foolish 8. I think this concept offers us a look at instances when a company flipping from negative to positive free cash flow is not necessarily a positive development. If you’re looking back and see that a great growth story is now drastically decreasing its reinvestment rate, you may want to really think about what that means going forward. (I plan to publish a screen for identifying those types of companies in the next two or three weeks.)As you noted, your own growth screen is identifying companies with different profiles, I assume, and so the passing stocks are not even subject to this line of thinking. Thanks very much for reading and participating… as well as for the kind words, which are always appreciated!Rex
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