As I stated on Wednesday – my Alternative Screens designed to cast a wider net than my standard Screens are barely getting any hits – in this case, exactly one:
Ticker | Price | Fair Value | Margin of Safety | Yield % |
ESRX | $69.90 | 100 | $30.10 | 0.0% |
This is a broad sign of market overvaluation – when almost no stocks can qualify for even reduced qualitative factors.
It is hard to be a value investor sometimes, requires a lot of patience.
With regards to Express Scripts – I am keeping an eye on the stock, need a large Margin of Safety since it pays no dividend.
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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