The Stingy News Weekly (01/31/2015)
| "Thousands of experts study overbought indicators, oversold
indicators, head-and-shoulder patterns, put-call ratios, the Fed's
policy on money supply, foreign investment, the movement of the
constellations through the heavens, and the moss on oak trees, and
they can't predict markets with any useful consistency, any more
than the gizzard squeezers could tell the Roman emperors when
the Huns would attack." | |
| - Peter Lynch | |
New from StingyInvestor
Asset Mixer Update
We've updated our Asset Mixer to include inflation-adjusted data
for 2014.
Periodic Table Update
We've updated our periodic table of annual returns for Canadians
to include inflation-adjusted data for 2014.
The best of the biggest
"Inequality also happens to be the rule rather than the exception
on Wall Street. Capitalism usually produces a handful of giants
firms and a slew of tiny nippers that peck away at what's left
over."
Stingy Links
10-year expectations for asset class returns
"Do we have convincing evidence that starting yields determine
subsequent returns? Yes." [Markets]
Drivers of a profit margin explosion
"In this piece, I'm going to show that the profit margin
expansion seen in the U.S. corporate sector over the last two decades
has been driven largely by gains in the financial and technology
sectors. I'm then going to examine arguments for and against the
sustainability of this shift." [Markets]
World CAPEs
"The Shiller P/E can be used in a valuation context, by comparing
the current multiple to the historical values. As the multiple
gets stretched far beyond the average, reversion is expected to
occur." [Markets]
A mock economics talk
"Zach Weinersmith of Saturday Morning Breakfast Cereal gives a
mock economics talk entitled 'Economic-con 2015: A Theory of
Maximizing Social Welfare via Top-Decile Earners.'" [Fun]
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | AT&T (T) | 1 | 5 | 4 | 5 |
| Verizon (VZ) | 3 | 1 | 4 | 5 |
| Chevron (CVX) | 5 | 5 | 5 | 5 |
| General Electric (GE) | 4 | 5 | 4 | 5 |
| McDonald's (MCD) | 2 | 2 | 2 | 5 |
| Pfizer (PFE) | 2 | 4 | 1 | 5 |
| Caterpillar (CAT) | 4 | 4 | 5 | 4 |
| Exxon Mobil (XOM) | 5 | 4 | 5 | 4 |
| Microsoft (MSFT) | 4 | 3 | 1 | 4 |
| Procter & Gamble (PG) | 1 | 3 | 2 | 4 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Chevron (CVX) | 5 | 5 | 5 | 5 |
| Travelers (TRV) | 5 | 5 | 4 | 2 |
| Goldman Sachs (GS) | 5 | 5 | 3 | 1 |
| JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 |
| Exxon Mobil (XOM) | 5 | 4 | 5 | 4 |
| IBM (IBM) | 5 | 1 | 4 | 3 |
| Caterpillar (CAT) | 4 | 4 | 5 | 4 |
| Intel (INTC) | 4 | 4 | 2 | 3 |
| American Express (AXP) | 4 | 2 | 3 | 1 |
| General Electric (GE) | 4 | 5 | 4 | 5 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Chevron (CVX) | 5 | 5 | 5 | 5 | 2.26 |
| Exxon Mobil (XOM) | 5 | 4 | 5 | 4 | 3.48 |
| JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 | 3.50 |
| Caterpillar (CAT) | 4 | 4 | 5 | 4 | 3.89 |
| Verizon (VZ) | 3 | 1 | 4 | 5 | 3.93 |
| General Electric (GE) | 4 | 5 | 4 | 5 | 4.14 |
| IBM (IBM) | 5 | 1 | 4 | 3 | 4.49 |
| Travelers (TRV) | 5 | 5 | 4 | 2 | 4.49 |
| AT&T (T) | 1 | 5 | 4 | 5 | 4.84 |
| Intel (INTC) | 4 | 4 | 2 | 3 | 4.92 |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | V.R. | | Caterpillar (CAT) | Y | Y | Y |
| Chevron (CVX) | Y | Y | Y |
| Exxon Mobil (XOM) | Y | Y | Y |
| General Electric (GE) | Y | Y | Y |
| AT&T (T) | Y | | Y |
| IBM (IBM) | | Y | Y |
| Intel (INTC) | | Y | Y |
| JP Morgan Chase (JPM) | | Y | Y |
| Travelers (TRV) | | Y | Y |
| Verizon (VZ) | Y | | Y |
| American Express (AXP) | | Y | |
| Goldman Sachs (GS) | | Y | |
| McDonald's (MCD) | Y | | |
| Microsoft (MSFT) | Y | | |
| Pfizer (PFE) | Y | | |
| Procter & Gamble (PG) | Y | | |
| Notes... |
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Canadian Oil Sands (COS) | 5 | 5 | 4 | 5 |
| Crescent Point (CPG) | 1 | 4 | 1 | 5 |
| TransAlta (TA) | 0 | 4 | 4 | 5 |
| Teck Resources (TCK.B) | 3 | 5 | 4 | 5 |
| ARC Resources (ARX) | 2 | 3 | 1 | 5 |
| CIBC (CM) | 5 | 3 | 3 | 5 |
| National Bank (NA) | 5 | 4 | 3 | 5 |
| Inter Pipeline (IPL) | 1 | 1 | 1 | 5 |
| Cenovus Energy (CVE) | 4 | 4 | 4 | 5 |
| Bank of Montreal (BMO) | 5 | 4 | 2 | 5 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | EnCana (ECA) | 5 | 5 | 3 | 2 |
| Canadian Oil Sands (COS) | 5 | 5 | 4 | 5 |
| Manulife (MFC) | 5 | 5 | 5 | 3 |
| Imperial Oil (IMO) | 5 | 3 | 4 | 1 |
| National Bank (NA) | 5 | 4 | 3 | 5 |
| Bank of Nova Scotia (BNS) | 5 | 4 | 2 | 4 |
| CIBC (CM) | 5 | 3 | 3 | 5 |
| Bank of Montreal (BMO) | 5 | 4 | 2 | 5 |
| Power Corp of Canada (POW) | 5 | 4 | 5 | 4 |
| Royal Bank (RY) | 5 | 3 | 2 | 4 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Canadian Oil Sands (COS) | 5 | 5 | 4 | 5 | 0.34 |
| EnCana (ECA) | 5 | 5 | 3 | 2 | 1.59 |
| National Bank (NA) | 5 | 4 | 3 | 5 | 2.24 |
| CIBC (CM) | 5 | 3 | 3 | 5 | 2.40 |
| Bank of Nova Scotia (BNS) | 5 | 4 | 2 | 4 | 2.48 |
| Bank of Montreal (BMO) | 5 | 4 | 2 | 5 | 2.58 |
| Royal Bank (RY) | 5 | 3 | 2 | 4 | 2.85 |
| Husky Energy (HSE) | 4 | 4 | 4 | 5 | 3.03 |
| Manulife (MFC) | 5 | 5 | 5 | 3 | 3.07 |
| Power Corp of Canada (POW) | 5 | 4 | 5 | 4 | 3.09 |
| Notes | More Info... |
| Canadian Stock Summary | Yield | P/E | V.R. | | Bank of Montreal (BMO) | Y | Y | Y |
| CIBC (CM) | Y | Y | Y |
| Canadian Oil Sands (COS) | Y | Y | Y |
| National Bank (NA) | Y | Y | Y |
| Bank of Nova Scotia (BNS) | | Y | Y |
| EnCana (ECA) | | Y | Y |
| Manulife (MFC) | | Y | Y |
| Power Corp of Canada (POW) | | Y | Y |
| Royal Bank (RY) | | Y | Y |
| ARC Resources (ARX) | Y | | |
| Cenovus Energy (CVE) | Y | | |
| Crescent Point (CPG) | Y | | |
| Husky Energy (HSE) | | | Y |
| Imperial Oil (IMO) | | Y | |
| Inter Pipeline (IPL) | 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.
|
|
