November Payrolls just came in – here are the details:
- Bloomberg – Payrolls in U.S. Rise; Jobless Rate Falls to 4.6%
- ZeroHedge – Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month
How can the US Government maintain that the unemployment rate is 4.6% if 95 Million people in this country are not working? The total population in the US is 318 Million – so I have a little problem with the math. Also, if you are counting the people working multiple part time jobs as fully employed – I don’t think the 4.6% is representative of the real jobs picture.
Here are this weeks results from the Dividend Millionaire Stock Screen:
Ticker | Price | Fair Value | Margin of Safety | Yield % |
NVO | $33.88 | $39.00 | $5.12 | 4.2% |
Click on the links to research further.
I might have missed my window for making a trade for Novo Nordisk (NVO), it has been trending higher. I wanted to make a play for it around $27.00 per share – so I have to be patient.
Dividend Millionaire stock picks are based on the following screen:
- Morningstar analysis available.
- Dividend Yield % > = 4.
- Dividend Growth % Past 5 Years > = 10.
- Payout Ratio Trailing 12 Months < 75
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Stock Industry not = Asset Management
- Forward P/E <= 20.
Extra: It’s Friday – time to chill:
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