The Stingy News Weekly: 11/13/2022
Stingy Links
How the wealthy invest
"If we can learn anything from how the wealthy invest, it's that
they do it in a lot of different ways. Some of them own stocks,
bonds, and real estate, while others utilize a wide range of
alternatives. And though the data shows that wealthier people tend
to own more alternatives, this doesn't mean that they've
abandoned traditional asset classes. Try not to forget that the
wealthiest 10% of Americans own nearly 90% of all U.S. stocks" [Behaviour]
Before jumping
"If you've learned in 2022 that your risk tolerance is far lower
than you imagined, try mightily to hang tough until the stock
and bond markets recover." [Behaviour]
Persistence of margins
"While we've been adamant that growth is not persistent and that
high growth rates should not be carried out for many years,
margins and returns on assets are relatively sticky. Very high
margins and returns on capital do mean revert, but slowly. While
growth may be ephemeral, profitability is not." [Markets]
A few stories
"Focusing on what's never going to change is more important than
trying to anticipate how something might change." [Buffett]
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | Yield | | Algonquin Power (AQN) | D | A | A |
| Enbridge (ENB) | D | C | A |
| Bank of Nova Scotia (BNS) | A | A | A |
| Power (POW) | B | A | A |
| BCE (BCE) | D | D | A |
| TC Energy (TRP) | C | C | A |
| Pembina Pipeline (PPL) | B | C | A |
| Manulife Financial (MFC) | A | A | A |
| Emera (EMA) | D | B | A |
| CIBC (CM) | B | A | A |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | Yield | | Teck Resources (TECK.B) | A | A | D |
| Nutrien (NTR) | A | B | C |
| Manulife Financial (MFC) | A | A | A |
| Tourmaline Oil (TOU) | A | C | D |
| Imperial Oil (IMO) | A | C | C |
| Bank of Montreal (BMO) | A | B | B |
| Canadian Natural (CNQ) | A | C | B |
| Bank of Nova Scotia (BNS) | A | A | A |
| Suncor Energy (SU) | A | B | B |
| Gildan Activewear (GIL) | A | D | C |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | Yield | | Canadian Apt REIT (CAR.UN) | B | A | C |
| Manulife Financial (MFC) | A | A | A |
| Kinross Gold (K) | F | A | C |
| Teck Resources (TECK.B) | A | A | D |
| Power (POW) | B | A | A |
| Barrick Gold (ABX) | C | A | B |
| Algonquin Power (AQN) | D | A | A |
| Bank of Nova Scotia (BNS) | A | A | A |
| Fortis (FTS) | C | A | B |
| CIBC (CM) | B | A | A |
| Notes | More Info... |
| Canadian Stock Summary | P/E | P/B | Yield | | Bank of Nova Scotia (BNS) | Y | Y | Y |
| Manulife Financial (MFC) | Y | Y | Y |
| Algonquin Power (AQN) | | Y | Y |
| CIBC (CM) | | Y | Y |
| Power (POW) | | Y | Y |
| Teck Resources (TECK.B) | Y | Y | |
| BCE (BCE) | | | Y |
| Bank of Montreal (BMO) | Y | | |
| Barrick Gold (ABX) | | Y | |
| Canadian Apt REIT (CAR.UN) | | Y | |
| Canadian Natural (CNQ) | Y | | |
| Emera (EMA) | | | Y |
| Enbridge (ENB) | | | Y |
| Fortis (FTS) | | Y | |
| Gildan Activewear (GIL) | Y | | |
| Imperial Oil (IMO) | Y | | |
| Kinross Gold (K) | | Y | |
| Nutrien (NTR) | Y | | |
| Pembina Pipeline (PPL) | | | Y |
| Suncor Energy (SU) | Y | | |
| TC Energy (TRP) | | | Y |
| Tourmaline Oil (TOU) | Y | | |
| Notes... |
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | Yield | | Verizon (VZ) | A | B | A |
| Dow (DOW) | A | B | A |
| Walgreens (WBA) | A | A | A |
| Intel (INTC) | A | A | A |
| IBM (IBM) | C | D | A |
| 3M (MMM) | B | C | B |
| Cisco Systems (CSCO) | B | C | B |
| Chevron (CVX) | B | B | B |
| JPMorgan Chase (JPM) | B | A | B |
| Coca-Cola (KO) | D | E | B |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | Yield | | Dow (DOW) | A | B | A |
| Walgreens (WBA) | A | A | A |
| Verizon (VZ) | A | B | A |
| Intel (INTC) | A | A | A |
| Goldman (GS) | A | A | C |
| Chevron (CVX) | B | B | B |
| JPMorgan Chase (JPM) | B | A | B |
| 3M (MMM) | B | C | B |
| Travelers (TRV) | B | B | D |
| American Express (AXP) | B | C | E |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | Yield | | Intel (INTC) | A | A | A |
| Goldman (GS) | A | A | C |
| Walgreens (WBA) | A | A | A |
| JPMorgan Chase (JPM) | B | A | B |
| Walt Disney (DIS) | E | A | F |
| Verizon (VZ) | A | B | A |
| Dow (DOW) | A | B | A |
| Travelers (TRV) | B | B | D |
| Chevron (CVX) | B | B | B |
| salesforce.com (CRM) | E | B | F |
| Notes | More Info... |
| US Stock Summary | P/E | P/B | Yield | | Chevron (CVX) | Y | Y | Y |
| Dow (DOW) | Y | Y | Y |
| Intel (INTC) | Y | Y | Y |
| JPMorgan Chase (JPM) | Y | Y | Y |
| Verizon (VZ) | Y | Y | Y |
| Walgreens (WBA) | Y | Y | Y |
| 3M (MMM) | Y | | Y |
| Goldman (GS) | Y | Y | |
| Travelers (TRV) | Y | Y | |
| American Express (AXP) | Y | | |
| Cisco Systems (CSCO) | | | Y |
| Coca-Cola (KO) | | | Y |
| IBM (IBM) | | | Y |
| Walt Disney (DIS) | | Y | |
| salesforce.com (CRM) | | Y | |
| Notes... |
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