Standard & Poor's STock Appreciation Ranking System (S&P STARS) is designed to provide exposure to a basket of the high growth potential stocks in its benchmark index based on a proprietary stock ranking system. It is a qualitative evaluation based on analyst's determination of future appreciation potential of a specific common stock, on a 12-month time horizon, relative to its corresponding benchmark index. These S&P All STARS baskets are available for the U.S., Europe, and Asia markets.
STARS was launched in 1987 for U.S. stocks and in 2002 for European and Asian stocks. It is a qualitative evaluation based on an analyst's determination of future appreciation potential of a specific common stock relative to its relevant S&P benchmark index based on a 12-month time horizon. The overarching investment philosophy driving the methodology is Growth at a Reasonable Price. Rankings range from 5 (Strong Buy) to 1 (Strong Sell).
Based on our world renowned, independent equity research and proprietary stock ranking system, STARS (STock Appreciation Ranking System), Standard & Poor's offers three sets of rules-based S&P All STARS baskets, focusing on high growth potential stocks in the US, Europe and Asia.
The S&P All STARS US is designed to provide exposure to a basket of the highest ranked stocks in the S&P 500 Index according to STARS.
The S&P All STARS Europe is designed to provide exposure to a basket of the highest ranked stocks in the S&P Europe 350 Index according to STARS.
The S&P All STARS Asia is designed to provide exposure to a basket of the highest ranked stocks listed on exchanges in a select number of Asian countries (Hong Kong, Japan, Korea, Singapore or Taiwan) according to STARS.