|
|
 |
|
|
| |
The Stingy News Weekly (10/21/2012)
| "Any man who is a bear on the future of this country will go
broke." | |
| - J.P.Morgan | |
Stingy Links
Sponging boomers
"The IMF estimates that fixing America's fiscal imbalance would
require a 35% cut in all transfer payments and a 35% rise in all
taxes - too big a pill for a creaky political system to
swallow."
Should we worry about rising interest rates?
"But the Fed has only limited power to control interest rates.
And sharply higher yields would be far from unusual. For instance,
30-year Treasury bond yields are currently under 3 percent. As
recently as last year, they topped 4.5 percent, and in early
2000 they briefly exceeded 6.5 percent. Because of the long
maturity, a single percentage point rise in rates would translate into
roughly a 20 percent decline in the value of long bonds."
The real deal
"Perhaps none of this would matter if the bad news was already
reflected in share prices. The biggest bull markets have started
when shares looked cheap. But on two crucial measures - the
cyclically adjusted price-earnings ratio (as calculated by Robert
Shiller of Yale University) and the dividend yield - the American
stockmarket looks more expensive than the historic average. Some
people may think that low real rates will ignite an equity bull
market. But history does not suggest that will be the case."
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | AT&T (T) | 1 | 4 | 3 | 5 |
| Verizon (VZ) | 1 | 2 | 4 | 5 |
| Intel (INTC) | 5 | 4 | 3 | 5 |
| Hewlett-Packard (HPQ) | 0 | 5 | 5 | 5 |
| Merck (MRK) | 1 | 3 | 1 | 5 |
| EI DuPont (DD) | 3 | 1 | 4 | 5 |
| Pfizer (PFE) | 2 | 3 | 1 | 4 |
| Johnson & Johnson (JNJ) | 1 | 3 | 1 | 4 |
| McDonald's (MCD) | 2 | 1 | 1 | 4 |
| Procter & Gamble (PG) | 2 | 3 | 2 | 4 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Chevron (CVX) | 5 | 5 | 4 | 4 |
| JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 |
| Intel (INTC) | 5 | 4 | 3 | 5 |
| Caterpillar (CAT) | 5 | 2 | 5 | 2 |
| Exxon Mobil (XOM) | 5 | 3 | 4 | 2 |
| Travelers (TRV) | 4 | 5 | 4 | 2 |
| UnitedHealth (UNH) | 4 | 4 | 5 | 1 |
| Cisco (CSCO) | 4 | 4 | 2 | 3 |
| Boeing (BA) | 4 | 1 | 5 | 2 |
| American Express (AXP) | 4 | 2 | 2 | 1 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Intel (INTC) | 5 | 4 | 3 | 5 | 2.21 |
| Chevron (CVX) | 5 | 5 | 4 | 4 | 2.72 |
| JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 | 3.21 |
| Caterpillar (CAT) | 5 | 2 | 5 | 2 | 3.91 |
| EI DuPont (DD) | 3 | 1 | 4 | 5 | 3.92 |
| Cisco (CSCO) | 4 | 4 | 2 | 3 | 4.04 |
| Exxon Mobil (XOM) | 5 | 3 | 4 | 2 | 4.05 |
| Travelers (TRV) | 4 | 5 | 4 | 2 | 4.20 |
| Microsoft (MSFT) | 3 | 2 | 1 | 4 | 4.99 |
| McDonald's (MCD) | 2 | 1 | 1 | 4 | 5.05 |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | V.R. | | Intel (INTC) | Y | Y | Y |
| Caterpillar (CAT) | | Y | Y |
| Chevron (CVX) | | Y | Y |
| Cisco (CSCO) | | Y | Y |
| EI DuPont (DD) | Y | | Y |
| Exxon Mobil (XOM) | | Y | Y |
| JP Morgan Chase (JPM) | | Y | Y |
| McDonald's (MCD) | Y | | Y |
| Travelers (TRV) | | Y | Y |
| AT&T (T) | Y | | |
| American Express (AXP) | | Y | |
| Boeing (BA) | | Y | |
| Hewlett-Packard (HPQ) | Y | | |
| Johnson & Johnson (JNJ) | Y | | |
| Merck (MRK) | Y | | |
| Microsoft (MSFT) | | | Y |
| Pfizer (PFE) | Y | | |
| Procter & Gamble (PG) | Y | | |
| UnitedHealth (UNH) | | Y | |
| Verizon (VZ) | Y | | |
| Notes... |
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Penn West Petroleum (PWT) | 2 | 5 | 2 | 5 |
| TransAlta (TA) | 0 | 3 | 4 | 5 |
| Canadian Oil Sands (COS) | 4 | 2 | 2 | 5 |
| Enerplus (ERF) | 0 | 5 | 2 | 5 |
| Sun Life Financial (SLF) | 0 | 5 | 5 | 5 |
| BCE Inc. (BCE) | 4 | 1 | 4 | 5 |
| Power Corp of Canada (POW) | 5 | 5 | 5 | 5 |
| CIBC (CM) | 5 | 2 | 3 | 5 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 |
| ARC Resources (ARX) | 1 | 2 | 1 | 5 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | First Quantum (FM) | 5 | 3 | 1 | 1 |
| National Bank (NA) | 5 | 3 | 3 | 4 |
| Bombardier (BBD.B) | 5 | 1 | 5 | 3 |
| Barrick Gold (ABX) | 5 | 4 | 2 | 2 |
| Magna (MG) | 5 | 5 | 5 | 3 |
| Teck Resources (TCK.B) | 5 | 5 | 4 | 3 |
| CIBC (CM) | 5 | 2 | 3 | 5 |
| Inmet Mining (IMN) | 5 | 5 | 2 | 1 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 |
| Power Corp of Canada (POW) | 5 | 5 | 5 | 5 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Canadian Oil Sands (COS) | 4 | 2 | 2 | 5 | 1.70 |
| National Bank (NA) | 5 | 3 | 3 | 4 | 2.04 |
| CIBC (CM) | 5 | 2 | 3 | 5 | 2.12 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 | 2.18 |
| Power Corp of Canada (POW) | 5 | 5 | 5 | 5 | 2.18 |
| Penn West Petroleum (PWT) | 2 | 5 | 2 | 5 | 2.35 |
| BCE Inc. (BCE) | 4 | 1 | 4 | 5 | 2.52 |
| Bank of Nova Scotia (BNS) | 4 | 3 | 3 | 4 | 2.58 |
| Shaw (SJR.B) | 3 | 2 | 3 | 5 | 3.04 |
| Royal Bank (RY) | 4 | 2 | 2 | 4 | 3.05 |
| Notes | More Info... |
| Canadian Stock Summary | Yield | P/E | V.R. | | Bank of Montreal (BMO) | Y | Y | Y |
| CIBC (CM) | Y | Y | Y |
| Power Corp of Canada (POW) | Y | Y | Y |
| BCE Inc. (BCE) | Y | | Y |
| Canadian Oil Sands (COS) | Y | | Y |
| National Bank (NA) | | Y | Y |
| Penn West Petroleum (PWT) | Y | | Y |
| ARC Resources (ARX) | Y | | |
| Bank of Nova Scotia (BNS) | | | Y |
| Barrick Gold (ABX) | | Y | |
| Bombardier (BBD.B) | | Y | |
| Enerplus (ERF) | Y | | |
| First Quantum (FM) | | Y | |
| Inmet Mining (IMN) | | Y | |
| Magna (MG) | | Y | |
| Royal Bank (RY) | | | Y |
| Shaw (SJR.B) | | | Y |
| Sun Life Financial (SLF) | Y | | |
| Teck Resources (TCK.B) | | Y | |
| TransAlta (TA) | Y | | |
| Notes... |
The Rothery Report
(Learn More |
Subscribe)
The Rothery Report provides research on select deep-value stocks in
North America. Discover overlooked and undervalued stocks in quarterly
investment reports which provide detailed analysis of Canadian and
U.S. stocks. Weekly email news and additional updates keep
subscribers informed about new opportunities and developments.
Graham Value Stocks
(Learn More)
The Graham Value Stocks letter is designed for investors who want to
keep up with our sensational stock selection methods inspired by
Benjamin Graham. We comb through mountains of data to highlight
U.S. and Canadian stocks that we believe to be both cheap and
relatively safe.
Graham Portfolio Performance
(6/2009 to 6/2012) |
| Simple Way | Dividend Way | Defensive |
| +26%C | +35%U | +22%C | +41%U | | +63%U |
|
|
| |
|
|
|
| Disclaimers: Consult with a
qualified investment adviser before trading. Past performance is a
poor indicator of future performance. The information on this site,
and in its related newsletters, is not intended to be, nor does it
constitute, financial advice or recommendations. The information on
this site is in no way guaranteed for completeness, accuracy or in any
other way. More...
|
