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The Stingy News Weekly (11/06/2017)


"Price is what you pay, value is what you get"
- Charlie Munger


New from StingyInvestor

Top Stock Preview
"I always like to step back and look at the market as a whole before focusing in on the best names. To do so, I use median market metrics instead of averages because medians are less influenced by the extremes."


Top 200 Canadian Stocks
"We're pleased to say that our track record has been highly profitable over the years. Our All Stars climbed by an average of 14.6% per year since we started in 2004, not including dividends. That assumes an equal dollar amount was put into each All Star stock in the first year and rolled into the new All Stars each year thereafter. By way of comparison, the S&P/TSX Composite (as represented by the iShares XIC exchange traded fund) climbed by 4.8% per year over the same period. The All-Star stocks beat the market by an average of 9.8 percentage points per year."


Top 500 U.S. Stocks
"The U.S. All Stars have been on a roll since the crash of 2008. They surged 16.6% per year, on average, over the last nine years while the market (as represented by the SPDR S&P 500 exchange traded fund) gained 10.9% annually. Over the last five years the All Stars advanced by an average of 16.3% per year and beat the market which climbed 12.6% per year."


Stingy Links

Joel Tillinghast interview
"The fund's definition of low-priced is changing in November, from a price at time of purchase of under $35, to either a price under $35 or a higher-than-index earnings yield (that is, a low P/E). The original price test was meant to include small-cap stocks, but also larger companies that were temporarily depressed and turning around. The newer test is looking for low-priced relative to intrinsic value, which is how I have always run the fund."
[Value Investing]

Strategy, patience, and prognostication
"On East 83rd Street there's a squat brick walk-up that's a viable contender for the least fancy apartment building on Manhattan's Upper East Side. But for the past 25 years, Wall Street machers and captains of industry have marched up to its gray-carpeted third floor to learn the secrets of attack and defense from Lev Alburt, a three-time U.S. chess champion and one of the most prominent Soviet defectors of the 1970s. Alburt has long been giving atter-filled private lessons to New Yorkers from all walks of life, encouraging, cajoling, and reprimanding men and women as they attempt to learn the so-called game of kings."
[Fun]

SEC insider-trading-like returns
"A portfolio mimicking trades made by SEC employees between 2009 and 2011 earned excess risk-adjusted returns of about 4 percent a year for all securities, with abnormal gains jumping to 8.5 percent when only stocks of firms based and registered in the U.S. were tracked"
[Government]


S&P/TSX60 Value Screens

High Dividend Yield StocksP/EP/BP/SYield
Inter Pipeline (IPL)3215
Enbridge (ENB)2445
Pembina Pipeline (PPL)1225
BCE Inc. (BCE)3135
Emera (EMA)2445
CIBC (CM)5435
Power Corp of Canada (POW)5555
TELUS (T)3135
Shaw (SJR.B)4225
TransCanada (TRP)1225
Notes | More Info...


Low Price/Earnings StocksP/EP/BP/SYield
Cenovus Energy (CVE)5552
Teck Resources (TECK.B)5541
Barrick Gold (ABX)5441
Magna (MG)5353
CIBC (CM)5435
Thomson Reuters (TRI)5223
BlackBerry (BB)5310
Power Corp of Canada (POW)5555
Sun Life Financial (SLF)5444
Bank of Montreal (BMO)5434
Notes | More Info...


Low Price/Book Value StocksP/EP/BP/SYield
Cenovus Energy (CVE)5552
Crescent Point (CPG)0534
Teck Resources (TECK.B)5541
Goldcorp (G)3521
Cameco (CCO)0544
First Quantum (FM)0521
Husky Energy (HSE)1540
Valeant Pharma (VRX)0550
Kinross Gold (K)1540
Power Corp of Canada (POW)5555
Notes | More Info...


Canadian Stock SummaryYieldP/EP/B
Power Corp of Canada (POW)YYY
CIBC (CM)YY
Cenovus Energy (CVE)YY
Teck Resources (TECK.B)YY
BCE Inc. (BCE)Y
Bank of Montreal (BMO)Y
Barrick Gold (ABX)Y
BlackBerry (BB)Y
Cameco (CCO)Y
Crescent Point (CPG)Y
Emera (EMA)Y
Enbridge (ENB)Y
First Quantum (FM)Y
Goldcorp (G)Y
Husky Energy (HSE)Y
Inter Pipeline (IPL)Y
Kinross Gold (K)Y
Magna (MG)Y
Pembina Pipeline (PPL)Y
Shaw (SJR.B)Y
Sun Life Financial (SLF)Y
TELUS (T)Y
Thomson Reuters (TRI)Y
TransCanada (TRP)Y
Valeant Pharma (VRX)Y
Notes...


DOW 30 Value Screens

High Dividend Yield StocksP/EP/BP/SYield
Verizon (VZ)5255
General Electric (GE)2455
IBM (IBM)5245
Chevron (CVX)1545
Exxon Mobil (XOM)2545
Pfizer (PFE)2325
Cisco (CSCO)4424
Merck (MRK)1324
Coca-Cola (KO)1114
Procter & Gamble (PG)4334
Notes | More Info...


Low Price/Earnings StocksP/EP/BP/SYield
Verizon (VZ)5255
IBM (IBM)5245
Goldman Sachs (GS)5531
Travelers (TRV)5552
JP Morgan Chase (JPM)5523
Procter & Gamble (PG)4334
Intel (INTC)4423
Walt Disney (DIS)4332
Cisco (CSCO)4424
United Technologies (UTX)4443
Notes | More Info...


Low Price/Book Value StocksP/EP/BP/SYield
Goldman Sachs (GS)5531
Chevron (CVX)1545
JP Morgan Chase (JPM)5523
Travelers (TRV)5552
Exxon Mobil (XOM)2545
General Electric (GE)2455
Cisco (CSCO)4424
Intel (INTC)4423
United Technologies (UTX)4443
Wal-Mart (WMT)3453
Notes | More Info...


US Stock SummaryYieldP/EP/B
Cisco (CSCO)YYY
Chevron (CVX)YY
Exxon Mobil (XOM)YY
General Electric (GE)YY
Goldman Sachs (GS)YY
IBM (IBM)YY
Intel (INTC)YY
JP Morgan Chase (JPM)YY
Procter & Gamble (PG)YY
Travelers (TRV)YY
United Technologies (UTX)YY
Verizon (VZ)YY
Coca-Cola (KO)Y
Merck (MRK)Y
Pfizer (PFE)Y
Wal-Mart (WMT)Y
Walt Disney (DIS)Y
Notes...



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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.

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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...