No picks from my Dividend Millionaire screen – tells me the market is getting seriously frothy at this point. Better to do nothing – and continue to research candidates to buy during the next correction.
So, again – rather than continuing to present you with my standard screens that are not generating any candidates, I thought I would show you another one of my alternative screens that allows you to review companies that currently sport a 5 star rating from Morningstar. I add more filters for financial health and cash returns – and exclude Asset Management companies.
Here are the results:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| BIIB | $251.84 | 400 | $148.16 | 0.0% |
| ESRX | $68.35 | 100 | $31.65 | 0.0% |
| GPS | $29.59 | 43 | $13.41 | 3.1% |
| GILD | $88.64 | 128 | $39.36 | 1.5% |
| AMGN | $141.03 | 194 | $52.97 | 2.4% |
| PFE | $29.59 | 38 | $8.41 | 3.9% |
Except for the Gap, all are Healthcare related. Also, this list has considerable overlap with some of my other screens – which I take as a positive. When a company is coming up as undervalued by several different matrices – that increases my enthusiasm. I have also supplied links for you to research each stock further – just click on the ticker.
Results are based on the following screen:
- Morningstar Rating = Five Stars
- Financial Health Grade >= B
- Cash Return % >= 5
- Stock Industry not = Asset Management
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