{"id":558,"date":"2008-03-13T20:06:17","date_gmt":"2008-03-14T01:06:17","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/2008\/03\/13\/friday-stock-screens-shield-of-yield\/"},"modified":"2016-09-20T03:15:46","modified_gmt":"2016-09-20T07:15:46","slug":"friday-stock-screens-shield-of-yield","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2008\/03\/13\/friday-stock-screens-shield-of-yield\/","title":{"rendered":"Friday Stock Screens: Shield of Yield"},"content":{"rendered":"

As discussed in Chapter 2 of The Disciplined Investor<\/a>, stock screens can be used effectively to help search for stocks that can help to provide downside protection while positioning a portfolio for the upturn if \/when markets stabilize. The fact is that the key in this environment is to look for large cap stocks paying dividends with:<\/p>\n

    \n
  1. Low Debt<\/li>\n
  2. PEG Ratio below 1<\/li>\n
  3. Stable outlook<\/li>\n
  4. High Rating<\/li>\n<\/ol>\n

    <\/a><\/p>\n

    \"shield-of-yield-large.jpg\"<\/a><\/div>\n

    Stock Screener \u201d\u0090 MSN MONEY<\/a><\/strong>
    \n Criteria:<\/span>
    \nMarket Capitalization >= 1,000,000,000
    \nDebt to Equity Ratio <= 1
    \nPEG Ratio Below 1
    \nStockScouter rating >= 9
    \nCurrent Dividend Yield >= 2
    \nPrice\/Book Value <= 2<\/p>\n

    Definitions:<\/span>
    \nMarket Capitalization: <\/strong>The value of a company’s outstanding shares, as measured by shares times current price.<\/p>\n

    Debt\/Equity Ratio: <\/strong>The most recent quarter long-term debt divided by the most recent quarter common stock equity.<\/p>\n

    PEG Ratio<\/strong>: The price-earnings (P\/E) ratio for this company has been less than its average next year’s projected earnings growth rate. For small and mid-cap stocks in particular, this is generally considered as a sign that a company may be undervalued.<\/p>\n

    StockScouter Rating<\/strong>: represents a balance, or trade-off, between a stock’s expected return in six months and its expected volatility en route. Expected return is derived from a weighted blend of a company’s underlying factor scores plus its place in market capitalization, sector and investment style trends. Top-rated stocks are expected to gain the most in the future with relatively less volatility.<\/p>\n

    Dividend Yield:<\/strong> A stock’s dividend expressed as a percentage of the share price<\/p>\n

    Price\/Book Value: <\/strong>The latest closing price of the stock divided by the most recent quarter’s book value per share.<\/p>\n

    Results <\/strong>(click to enlarge)<\/p>\n

    \"soy-march2008-thumb.jpg\"<\/a><\/div>\n

    (ACAS) (CNL) (PTEN) (TRV) (WPC) (AHL) (ATN) (CCU) (CINF) (DOW) (IP) (IPCR) (PHG) (PL) (PRE) (SLF) (STD) (UTR)<\/p>\n

    Disclosure: Horowitz & Company<\/a> clients may own positions in some or all of the stocks mentioned as of the date of publish.<\/p>\n","protected":false},"excerpt":{"rendered":"

    As discussed in Chapter 2 of The Disciplined Investor, stock screens can be used effectively to help search for stocks that can help to provide downside protection while positioning a portfolio for the upturn if \/when markets stabilize. The fact is that the key in this environment is to look for large cap stocks paying […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[34,42],"tags":[68,69,67,185,182,181,151],"class_list":["post-558","post","type-post","status-publish","format-standard","hentry","category-stock-screens","category-stocks","tag-dividends","tag-high-yield","tag-msn-screener","tag-peg-ratio","tag-quant-analysis","tag-stock-screen","tag-stock-screener","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=558"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/558\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}