Stock Picks – 52 Week Low Screen

Morningstar has some nice recommendations for year-end tax strategies – worth a read:

• Morningstar – These Charitable Investment Strategies Deliver a ‘Three-fer’

Only one stock passes this screen for the week – and not surprisingly, it is a Biotech company – but with a healthy yield:

Click on the links to research further.

If Novo Nordisk  (NVO) could drop into the high 20s – I would be very interested.

52 Week Low stock picks are 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.

Extra:   Bill Gross is not a Trump fan:

• Janus Capital – Populism Takes a Wrong Turn