Watchlist Update – Stocks to Own Screen

As discussed in previous posts – I am not buying equities at these levels – more likely to sell some holdings.  With that said – we still need to keep our Watchlist up to date – so we can be buyers during the next correction.

Speaking of corrections – is traditional retail dead?

• Business Insider – The Limited suddenly shut down all of its stores and laid off thousands of workers
• Boston Globe – The full list of the 68 Macy’s stores closing around the US – The Boston …
• CNBC – Sears and Kmart closing 150 stores – Jan. 5, 2017 – CNN Money
• WSAU – Kohl’s stock tumbles after poor holiday sales
• MarketWatch – Urban Outfitters’ stock set for selloff after disappointing same-store sales over the holidays

I tend to buy everything I need online – except for food – so I am probably part of the problem.  Would not be investing in traditional retail – because I do not see this trend reversing anytime soon.

• ZeroHedge – The Extraordinary Size Of Amazon In One Chart

Here are the equities that make the “stocks to own” screen this week:

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.

Extra – I have added a link to my new favorite blog site:

• Wait But Why?

Just to warn you – this site can become very addictive to read – make sure you have time before you link over.