Before I get to the screen – I found another article that really cuts to the heart of negative rate madness:
- The Wall Street Journal – The ‘Monetary Madness’ That’s Pushing Japanese Bonds Negative
Back to the 52 Week Low screen – Cisco has not fallen the way I had hoped – still monitoring. Sanofi SA is not an option until my Merck trade unwinds next week, since it is also a Drug Manufacturer.
Here are the weekly results from this screen:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| SNY | $38.72 | $54.00 | $15.28 | 4.1% |
| BA | $119.37 | $141.00 | $21.63 | 3.1% |
| CSCO | $22.93 | $27.00 | $4.07 | 3.7% |
Based on the following screen:
- Morningstar analysis available.
- Less than 5% above its 52 week low.
- Greater than or equal to Narrow moat.
- Free cash flow/enterprise value greater than 5% (should be above what the 10 Year Treasury Bond is yielding).
- Financial Health Grade >= B.
- Forward P/E <= 20.
- Stock Industry not = Asset Management
- Dividend Yield % >= 3
- 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.
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