Alternative Screen: 5 Star Stocks

To be successful in investing, you need to do the following:

1. You need to see stocks as businesses.
2. You have to take advantage of the market’s mood swings.
3. You should apply a margin of safety in investing.

Unfortunately, with valuations this high – I can’t find new candidates that are both good businesses – and offer a margin of safety.  Case in point from this week’s screen – same stock from last week – and still a loser:

Again, no dividend and no moat – would not recommend.

Not sure when this Market will turn around and present us some value – this is my easiest screen to pass – and there are no good options.  Most of my screens are coming up with no candidates – not surprising with the S&P 500’s current P/E ratio over 24 times earnings.

Anyway – enjoy your week end – and give Prince an adult beverage toast, I still can’t believe he is dead – only 57 years old – real shame:

https://www.youtube.com/watch?v=7NN3gsSf-Ys

Results are based on the following screen:

1. Morningstar Rating = Five Stars       
2. Financial Health Grade >= B
3. Cash Return % >= 5
4. Stock Industry not = Asset Management