Today started out with a major sell off – hope this bodes well for my wish list stocks – I try to get a 25% Margin of Safety before I make a trade.
Looks like I will already get put Merck next week, unless the stock rallies – so I am good with Energy (XLE) and Health Care (MRK).
Financials are looking very cheap right now – but maybe for a reason (negative interest rates anyone?). Would prefer a retailer or something else in the consumer space – which has taken a beating – preferably, with a large dividend. Wal-Mart fits the bill – but needs to get a lot cheaper for me to make a trade.
Here are this week’s results from my Stocks to Own Screen:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| AMGN | $141.19 | $194.00 | $52.81 | 2.2% |
| MRK | $48.71 | $63.00 | $14.29 | 3.7% |
| MMP | $60.05 | $76.00 | $15.95 | 4.9% |
| SEP | $43.98 | $50.00 | $6.02 | 5.4% |
| WMT | $66.32 | $75.00 | $8.68 | 2.9% |
| XOM | $79.60 | $87.00 | $7.40 | 3.6% |
| MMM | $151.92 | $160.00 | $8.08 | 2.7% |
Results are based on the following screen:
- Morningstar analysis available.
- Low fair value uncertainty.
- Wide moat.
- Morningstar rating 4 or more stars.
- Financial Health Grade >= B.
- Current P/E <= 20.
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