Watchlist Update – Stocks to Own Screen

Buy Stocks

Earnings season starts this week – and the outlook is not great:

Not sure how you can have a rising stock market – and nose bleed valuations, with the S&P 500’s earnings dropping like a rock – but it must make sense to Janet Yellen.

Image result for janet yellen cartoon

Must be patient and continue to do the work – here are this week’s results from my Stocks to Own screen:

Ticker Price Fair Value Margin of Safety Yield %
AMGN $157.38 $194.00 $36.62 2.2%
MMP $65.42 $76.00 $10.58 4.6%
WMT $68.03 $75.00 $6.97 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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