Market has been in rally mode – and I have more than enough exposure to it with my GILD stock purchase from last week. Shiller PE shot above 26 this morning – markets looks fully valued to overvalued to me right now – good time to sit on your hands, and read a good book.
Click here are some good book recommendations.
My 52 Week Low screen came up with nada this week – so I had to go with this alternative screen:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| WSM | $50.89 | 76 | $25.11 | 2.8% |
| BMRN | $88.73 | 132 | $43.27 | 0.0% |
| GILD | $86.58 | 124 | $37.42 | 2.0% |
| BAYRY | $98.17 | 139 | $40.83 | 2.9% |
Click on the link to research further.
I find the Williams-Sonoma story pretty compelling – so I will be researching its metrics and discussing the brands with my wife, since she knows a lot more than me about what retail brands are still considered viable. I like the brands – especially Pottery Barn, but I need to make sure this is not another story like the GAP – which just keeps getting cheaper.
Results are based on the following screen:
- Price / Fair Value <= 0.75
- Economic Moat >= Narrow
- Financial Health Grade >= B
- Morningstar Rating = Five Stars
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