Oil is jumping again this morning thanks to the Saudis and Russians:
- Bloomberg – Oil Surges as Saudis Eye Deeper Cuts
- MarketWatch – Oil prices soar 4% after non-OPEC producers agree to cut output
- Business Insider – Oil stocks are surging after Russia and Saudi Arabia’s historic deal
Not sure what effect this will have on Inflation, US Shale Producers, or the Federal Reserve – but I am not looking forward to spending more to fill my tank.
Here are the equities that make the “stocks to own” screen this week:
Ticker | Price | Fair Value | Margin of Safety | Yield % |
AMGN | $143.45 | $194.00 | $50.55 | 2.8% |
SEP | $45.50 | $50.00 | $4.50 | 5.8% |
WMT | $70.08 | $76.00 | $5.92 | 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.
Extra – The Trump Tweets keep coming:
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