Yes, market getting more and more expensive. The S&P 500 is up 22.85 percent this year and marked All-Time-Highs. In times when P/E’s of 20+ are the new valuation standard, it’s more important to keep an eye on cheaply priced stocks.
That’s the main reason why I would like to produce a screen from the mainstream index S&P 500 by the cheapest and highest yielding stocks measured with a forward P/E of less than 15 and a dividend yield over 4 percent.
Only sixteen corporate stocks fulfilled these criteria of which five have a buy or better rating. Utilities are the dominating investment category.
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