Stock Picks – 52 Week Low Screen: 2-3-2016

Hard to get excited about anything in this range bound Market, valuations are still pretty high.

I constantly read to keep from over trading, and just finished a great book about Volatility, will be sharing a review later today.

Anyway, here are the weekly results from this screen – only Cisco makes the grade.  It would need to break below 20 for me to get involved:

Based on the following screen:

1. Morningstar analysis available.
2. Less than 5% above its 52 week low.
3. Greater than or equal to Narrow moat.
4. Free cash flow/enterprise value greater than 5% (should be above what the 10 Year Treasury Bond is yielding).
5. Financial Health Grade >= B.
6. Forward P/E <= 20.
7. Stock Industry not = Asset Management
8. Dividend Yield % >= 3
9. For candidates that have passed all the filters, review the individual stocks Return on Invested Capital (ROIC) for the previous 10 years to select the best long term candidates.