Good article over at Business Insider – sums up my feelings on the recent stock market action:
- Business Insider – A bucket of cold water for those who are bullish about stocks…
With this article in mind – I am working on a new commentary regarding retail investors and cash holdings – stay tuned.
Very slim pickings with my favorite screen – most of the stocks I have been following simply do not offer a large enough Margin of Safety to make a trade right now.
Here are this week’s results:
Ticker | Price | Fair Value | Margin of Safety | Yield % |
AMGN | $155.01 | $194.00 | $38.99 | 2.2% |
MMP | $65.25 | $76.00 | $10.75 | 4.5% |
WMT | $69.15 | $75.00 | $5.85 | 2.9% |
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.
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