So things and times change; and so do the winners and losers on the stock market. Those stocks who were stellar performers a few years ago do not always stay stellar performers as macro economic circumstances change in favour of other companies, and thus these other companies take the performers of old's place at the top of the ranks.
I did a very (and I mean very) basic search on the Google finance stock screener (link to it here) and it returned a list of stocks that matched my criteria. Basically I was looking for companies that had EPS growth in excess of 5% over the past 5 and 10 years, an ROE ratio of over 15, a DY higher than 2 and is up over the past 52 weeks. Actually, this is a fairly good set of criteria in my opinion as it isolates companies that are currently, and have been for a decade, growing.
The list of stocks is as follows:
So in they go into my trading universe and the deeper dive into their fundamentals commences. If there is anything I learned from SMBU it's that we have to use technology to our advantage. In other words, stock screeners are the bomb and we need to use them.
Lot's of homework to do on my new list of stocks that I kinda think I might like once I understand them better.
No comments:
Post a Comment