Investing: Phase II - Stock Weeding

Alright, after I ran my stock screen I've come up with about two dozen companies that met my criteria. Out of them I removed companies the following sectors and industries: Financials, Drugs, Biotech. Financials require a more unique way of analysis than for other stocks and I'm not familiar with that - there is already enough risk in my investment process, I don't need to add anymore. Plus, you don't know which companies will be affected by the subprime mortgage crisis and subsequent private equity downturn. As for Drugs and Biotechs, first of all, I really don't understand them and second of all, they seem to be cyclical. I'm trying to avoid cyclical companies, as that is another form of risk, and yes, I don't need anymore of that.

Even though I might seem very "risk-averse", fact of the matter is that I'm trying to eliminate as much risk as possible where I can control it because once I make the picks the only thing that will be controlling the performance will be Mr. Market and the underlying economics of the companies I'll choose. So, I want to make my choices count.