With the incredible melt up currently pushing US Equities higher and higher – I am exploring certain Hedge Strategies to protect my equity portfolio. I will update the blog if I pull the trigger on a hedge – would probably be long dated puts on the SPX.
Here are the articles I felt were worth a read this morning:
- Bloomberg – Here’s What We Know About Trump’s Mexico Wall
- ZeroHedge – Watch Attempts To Plug Oroville Dam Hole Using Rocks In Race Against Time As New Storm Forecast
- MorningStar –Checking Up on Our Retirement Saver Portfolios
Here are the three stocks that continue to pass the “stocks to own” screen:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| AMGN | $167.47 | $194.00 | $26.53 | 2.4% |
| WMT | $67.78 | $76.00 | $8.22 | 2.9% |
| SEP | $45.40 | $50.00 | $4.60 | 5.8% |
Click on the links to research further.
Results are based on the following screen:
- Low fair value uncertainty.
- Wide moat.
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Current P/E <= 20.
Extra – SNL continues to have fun with Sean Spicer’s Press Conferences – good for a Monday morning laugh:
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