Tuesday, November 10, 2015

November Screen





Again, I've been very late with my monthly screen. Work had been crazy and I didn't have much time to focus on the blog.


For this month’s screen I followed a similar approach to my previous months. I've relaxed the criteria slightly to capture more companies for consideration.


I have used the CCC list and filtered on the companies with above average yield and below average PE.


My Screening Criteria:
  • Yield > 2.0%
  • Yield/10 Median Yield > 1.1
  • Chowder > 6
  • PE/5 Median PE < 1.0

Note: There is still a problem with Yahoo Key Stats for 5 yr Average Yield this month, so I used Guru Focus’ 10 Median Yield instead (with a higher threshold).


Instead of displaying all the stats, I will be just listing the results from my list.


The first list shows all the companies that met the criteria with BBB credit rating or above.



Name
AFL
AFLAC Incorporated Common Stock
ADM
Archers Daniels Midlands
AMP
Ameriprise Financial, Inc. Comm
AMAT
Applied Materials, Inc.
BLK
BlackRock, Inc. Common Stock
CME
CME Group Inc.
GLW
Corning Incorporated Common Sto
CSX
CSX Corporation Common Stock
CMI
Cummins Inc. Common Stock
DE
Deere & Company Common Stock
DOV
Dover Corporation Common Stock
ETN
Eaton Corporation, PLC Ordinary
EV
Eaton Vance Corporation Common
EMR
Emerson Electric Company Common
GPS
Gap, Inc. (The) Common Stock
IBM
International Business Machines
IVZ
Invesco Ltd Common Stock
MON
Monsanto Company Common Stock
NOV
National Oilwell Varco, Inc. Co
JWN
Nordstrom, Inc. Common Stock
OMC
Omnicom Group Inc. Common Stock
PNR
Pentair plc. Ordinary Share
ROK
Rockwell Automation, Inc. Commo
UNP
Union Pacific Corporation Commo
UTX
United Technologies Corporation
VLO
Valero Energy Corporation Commo
WMT
Wal-Mart Stores, Inc. Common St


The second list shows all the companies with no debt or high interest coverage.



Name
AHGP
Alliance Holdings GP, L.P.
ARLP
Alliance Resource Partners, L.P
AIT
Applied Industrial Technologies
AVX
AVX Corporation Common Stock
BBY
Best Buy Co., Inc. Common Stock
CNS
Cohn & Steers Inc Common Stock
CMP
Compass Minerals Intl Inc Commo
DAKT
Daktronics, Inc.
DCI
Donaldson Company, Inc. Common
FAST
Fastenal Company
GRMN
Garmin Ltd.
HOG
Harley-Davidson, Inc. Common St
HP
Helmerich & Payne, Inc. Common
LLTC
Linear Technology Corporation
MSM
MSC Industrial Direct Company,
PB
Prosperity Bancshares, Inc. Com
QCOM
QUALCOMM Incorporated
RBA
Ritchie Bros. Auctioneers Incor
SSI
Stage Stores, Inc. Common Stock
TROW
T. Rowe Price Group, Inc.
TEL
TE Connectivity Ltd. New Switze
THO
Thor Industries, Inc. Common St
TG
Tredegar Corporation Common Sto
GWW
W.W. Grainger, Inc. Common Stoc
WDR
Waddell & Reed Financial, Inc.
WES
Western Gas Partners, LP Limite
WHG
Westwood Holdings Group Inc Com

Based in the lists, I plan to research more on the following companies:
CMI, ADM, GWW, GPS, ROK


Of course, the list is just an entry point for further research. As usual, I am on the lookout for other opportunities that come my way based in my portfolio distribution, weighting and sector diversification.


That's it for now. Do you have these companies in your watchlist ?


D4s

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