Watchlist Update – Stocks to Own Screen

Buy Stocks

Good article over at Business Insider – sums up my feelings on the recent stock market action:

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:

  1. Low fair value uncertainty.
  2. Wide moat.
  3. Morningstar rating 4 or more stars.
  4. Financial Health Grade >= B.
  5. Current P/E <= 20.

z - even even smaller

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