The Stingy News Weekly (07/15/2013)
| "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 | |
Stingy Links
The ever increasing value of parsimony
"We're in a bull market for parsimony. Maybe even a parsimony
bubble. Parsimony, which is a polite way to talk about
penny-pinching, has never been a more valuable habit. Even with investment
yields up from their recent lows, I think it is safe to predict
that parsimony is well on its way to becoming a high art."
Chinese stocks earn 1% per year
"The MSCI China Index has gained about 14 percent, including
dividends, since Tsingtao Brewery Co. (168) became the first
mainland company to sell H shares to international investors in Hong
Kong in July 1993. That compares with a 452 percent return in the
Standard & Poor's 500 Index, 322 percent in the MSCI Emerging
Markets Index and 86 percent from Treasuries. Only the MSCI Japan
Index had a weaker performance among the 10 largest markets,
losing about 1 percent."
The long cash squeeze
"But there's a similar emotion that I am seeing and hearing a lot
of - the long cash squeeze. That is the feeling of being long
cash that you want to deploy as the market rises."
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | AT&T (T) | 1 | 4 | 4 | 5 |
| Verizon (VZ) | 1 | 1 | 4 | 5 |
| Intel (INTC) | 4 | 4 | 2 | 5 |
| Merck (MRK) | 1 | 3 | 1 | 5 |
| Pfizer (PFE) | 4 | 4 | 1 | 5 |
| EI DuPont (DD) | 5 | 2 | 4 | 5 |
| Chevron (CVX) | 5 | 5 | 4 | 4 |
| General Electric (GE) | 3 | 5 | 3 | 4 |
| McDonald's (MCD) | 2 | 1 | 1 | 4 |
| Procter & Gamble (PG) | 3 | 3 | 2 | 4 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 |
| Chevron (CVX) | 5 | 5 | 4 | 4 |
| Exxon Mobil (XOM) | 5 | 3 | 4 | 3 |
| EI DuPont (DD) | 5 | 2 | 4 | 5 |
| Caterpillar (CAT) | 5 | 3 | 5 | 4 |
| Intel (INTC) | 4 | 4 | 2 | 5 |
| Travelers (TRV) | 4 | 5 | 4 | 2 |
| UnitedHealth (UNH) | 4 | 4 | 5 | 1 |
| IBM (IBM) | 4 | 1 | 3 | 2 |
| Pfizer (PFE) | 4 | 4 | 1 | 5 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Chevron (CVX) | 5 | 5 | 4 | 4 | 2.93 |
| Intel (INTC) | 4 | 4 | 2 | 5 | 3.14 |
| JP Morgan Chase (JPM) | 5 | 5 | 3 | 3 | 3.28 |
| EI DuPont (DD) | 5 | 2 | 4 | 5 | 3.35 |
| Exxon Mobil (XOM) | 5 | 3 | 4 | 3 | 3.52 |
| Pfizer (PFE) | 4 | 4 | 1 | 5 | 4.18 |
| Caterpillar (CAT) | 5 | 3 | 5 | 4 | 4.20 |
| Travelers (TRV) | 4 | 5 | 4 | 2 | 5.33 |
| General Electric (GE) | 3 | 5 | 3 | 4 | 5.50 |
| AT&T (T) | 1 | 4 | 4 | 5 | 5.54 |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | V.R. | | Chevron (CVX) | Y | Y | Y |
| EI DuPont (DD) | Y | Y | Y |
| Intel (INTC) | Y | Y | Y |
| Pfizer (PFE) | Y | Y | Y |
| AT&T (T) | Y | | Y |
| Caterpillar (CAT) | | Y | Y |
| Exxon Mobil (XOM) | | Y | Y |
| General Electric (GE) | Y | | Y |
| JP Morgan Chase (JPM) | | Y | Y |
| Travelers (TRV) | | Y | Y |
| IBM (IBM) | | Y | |
| McDonald's (MCD) | Y | | |
| Merck (MRK) | 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) | 1 | 5 | 2 | 5 |
| TransAlta (TA) | 0 | 3 | 3 | 5 |
| Crescent Point (CPG) | 1 | 3 | 1 | 5 |
| Canadian Oil Sands (COS) | 5 | 2 | 2 | 5 |
| Enerplus (ERF) | 0 | 5 | 2 | 5 |
| Iamgold (IMG) | 5 | 5 | 4 | 5 |
| Barrick Gold (ABX) | 0 | 5 | 4 | 5 |
| BCE Inc. (BCE) | 4 | 1 | 3 | 5 |
| CIBC (CM) | 5 | 3 | 3 | 5 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Iamgold (IMG) | 5 | 5 | 4 | 5 |
| National Bank (NA) | 5 | 3 | 3 | 5 |
| CIBC (CM) | 5 | 3 | 3 | 5 |
| Agrium (AGU) | 5 | 3 | 5 | 2 |
| Imperial Oil (IMO) | 5 | 2 | 4 | 1 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 |
| Bank of Nova Scotia (BNS) | 5 | 3 | 2 | 4 |
| Royal Bank (RY) | 5 | 2 | 2 | 4 |
| Canadian Oil Sands (COS) | 5 | 2 | 2 | 5 |
| TD Bank (TD) | 5 | 3 | 2 | 3 |
| Notes | More Info... |
| Value Ratio Stocks | P/E | P/B | P/S | Yield | V.R. | | Iamgold (IMG) | 5 | 5 | 4 | 5 | 1.28 |
| Canadian Oil Sands (COS) | 5 | 2 | 2 | 5 | 1.67 |
| CIBC (CM) | 5 | 3 | 3 | 5 | 1.89 |
| National Bank (NA) | 5 | 3 | 3 | 5 | 1.93 |
| Bank of Montreal (BMO) | 5 | 4 | 3 | 5 | 2.28 |
| BCE Inc. (BCE) | 4 | 1 | 3 | 5 | 2.45 |
| Bank of Nova Scotia (BNS) | 5 | 3 | 2 | 4 | 2.53 |
| Royal Bank (RY) | 5 | 2 | 2 | 4 | 2.87 |
| Rogers (RCI.B) | 4 | 1 | 3 | 4 | 3.02 |
| TD Bank (TD) | 5 | 3 | 2 | 3 | 3.18 |
| 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 |
| Iamgold (IMG) | Y | Y | Y |
| BCE Inc. (BCE) | Y | | Y |
| Bank of Nova Scotia (BNS) | | Y | Y |
| National Bank (NA) | | Y | Y |
| Royal Bank (RY) | | Y | Y |
| TD Bank (TD) | | Y | Y |
| Agrium (AGU) | | Y | |
| Barrick Gold (ABX) | Y | | |
| Crescent Point (CPG) | Y | | |
| Enerplus (ERF) | Y | | |
| Imperial Oil (IMO) | | Y | |
| Penn West Petroleum (PWT) | Y | | |
| Rogers (RCI.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.
|
|
