The Stingy News Weekly (09/10/2018)
| "there are all kinds of wonderful new inventions that give you
nothing as owners except the opportunity to spend a lot more money
in a business that's still going to be lousy. The money still
won't come to you. All of the advantages from great improvements
are going to flow through to the customers." | |
| - Charlie Munger | |
New from StingyInvestor
Picking dividend growers
Wherein I observe that dividend investors should avoid the
intersection of high yield and high dividend growth. [$]
Stingy Links
Absolute joy and relative misery
"Facebook is currently in its deepest drawdown of the last five
years. Misery loves company, and right now with the S&P 500 near
all-time highs, Facebook investors have little company." [Stocks]
The story of Gert Boyle
"In 1972, Gert Boyle's bankers came to see her. They told her the
business was failing and she needed to find a buyer for it. She
found an investor that was willing to buy the business for
$1,400. She kicked the investor out of her office and yelled: 'I can
run the shop into the ground myself for that money!'" [Managment]
A warning to home buyers
"So, the onus is now on the buyer of real estate to not only
collect taxes on behalf of the CRA when a non-resident is selling a
property, but to also make a judgment on when to investigate
further the tax residency of the seller - as though a layperson is
qualified to know when and how to make that inquiry." [Taxes]
Dividend yield vs dividend growth
"Our research confirms that investors should focus on dividend
yield rather than dividend growth rates." [Dividends]
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Inter Pipeline (IPL) | B | D | E | A |
| Enbridge (ENB) | D | B | B | A |
| BCE Inc. (BCE) | B | D | C | A |
| Emera (EMA) | E | B | B | A |
| Power Corp of Canada (POW) | A | A | A | A |
| Pembina Pipeline (PPL) | C | C | D | A |
| Crescent Point (CPG) | F | A | B | A |
| TransCanada (TRP) | B | D | E | A |
| Shaw (SJR.B) | E | D | D | A |
| ARC Resources (ARX) | E | B | D | A |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Metro (MRU) | A | C | A | D |
| Teck Resources (TECK.B) | A | A | B | E |
| Magna (MG) | A | C | A | C |
| Power Corp of Canada (POW) | A | A | A | A |
| Kinross Gold (K) | A | A | B | F |
| Bank of Nova Scotia (BNS) | A | B | C | A |
| CIBC (CM) | A | C | C | B |
| National Bank (NA) | A | C | C | B |
| Sun Life Financial (SLF) | A | B | B | B |
| Royal Bank (RY) | A | D | D | B |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Crescent Point (CPG) | F | A | B | A |
| Goldcorp (G) | D | A | D | E |
| Kinross Gold (K) | A | A | B | F |
| Cenovus Energy (CVE) | F | A | A | D |
| Teck Resources (TECK.B) | A | A | B | E |
| First Quantum (FM) | E | A | C | E |
| Power Corp of Canada (POW) | A | A | A | A |
| Cameco (CCO) | F | A | C | B |
| Manulife (MFC) | D | A | B | B |
| Husky Energy (HSE) | B | A | B | C |
| Notes | More Info... |
| Canadian Stock Summary | Yield | P/E | P/B | | Power Corp of Canada (POW) | Y | Y | Y |
| Crescent Point (CPG) | Y | | Y |
| Kinross Gold (K) | | Y | Y |
| Teck Resources (TECK.B) | | Y | Y |
| ARC Resources (ARX) | Y | | |
| BCE Inc. (BCE) | Y | | |
| Bank of Nova Scotia (BNS) | | Y | |
| CIBC (CM) | | Y | |
| Cameco (CCO) | | | Y |
| Cenovus Energy (CVE) | | | Y |
| Emera (EMA) | Y | | |
| Enbridge (ENB) | Y | | |
| First Quantum (FM) | | | Y |
| Goldcorp (G) | | | Y |
| Husky Energy (HSE) | | | Y |
| Inter Pipeline (IPL) | Y | | |
| Magna (MG) | | Y | |
| Manulife (MFC) | | | Y |
| Metro (MRU) | | Y | |
| National Bank (NA) | | Y | |
| Pembina Pipeline (PPL) | Y | | |
| Royal Bank (RY) | | Y | |
| Shaw (SJR.B) | Y | | |
| Sun Life Financial (SLF) | | Y | |
| TransCanada (TRP) | Y | | |
| Notes... |
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | General Electric (GE) | F | B | A | A |
| Verizon (VZ) | A | C | B | A |
| IBM (IBM) | C | D | B | A |
| Chevron (CVX) | B | A | A | A |
| Exxon Mobil (XOM) | A | B | A | A |
| Procter & Gamble (PG) | C | C | C | A |
| Coca-Cola (KO) | E | E | E | B |
| Pfizer (PFE) | A | B | E | B |
| Merck (MRK) | E | D | D | B |
| Cisco (CSCO) | E | C | D | B |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Verizon (VZ) | A | C | B | A |
| Pfizer (PFE) | A | B | E | B |
| Walt Disney (DIS) | A | C | C | D |
| JP Morgan Chase (JPM) | A | A | D | D |
| Exxon Mobil (XOM) | A | B | A | A |
| Intel (INTC) | B | B | C | B |
| Travelers (TRV) | B | A | A | C |
| Chevron (CVX) | B | A | A | A |
| Goldman Sachs (GS) | B | A | C | E |
| Apple (AAPL) | B | D | D | E |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Goldman Sachs (GS) | B | A | C | E |
| Chevron (CVX) | B | A | A | A |
| Travelers (TRV) | B | A | A | C |
| DowDuPont (DWDP) | E | A | B | C |
| JP Morgan Chase (JPM) | A | A | D | D |
| Exxon Mobil (XOM) | A | B | A | A |
| General Electric (GE) | F | B | A | A |
| Intel (INTC) | B | B | C | B |
| United Technologies (UTX) | B | B | B | D |
| Pfizer (PFE) | A | B | E | B |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | P/B | | Chevron (CVX) | Y | Y | Y |
| Exxon Mobil (XOM) | Y | Y | Y |
| Pfizer (PFE) | Y | Y | Y |
| General Electric (GE) | Y | | Y |
| Goldman Sachs (GS) | | Y | Y |
| Intel (INTC) | | Y | Y |
| JP Morgan Chase (JPM) | | Y | Y |
| Travelers (TRV) | | Y | Y |
| Verizon (VZ) | Y | Y | |
| Apple (AAPL) | | Y | |
| Cisco (CSCO) | Y | | |
| Coca-Cola (KO) | Y | | |
| DowDuPont (DWDP) | | | Y |
| IBM (IBM) | Y | | |
| Merck (MRK) | Y | | |
| Procter & Gamble (PG) | Y | | |
| United Technologies (UTX) | | | Y |
| Walt Disney (DIS) | | Y | |
| Notes... |
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