For sure, a cheap valuation is no guarantee for a great
return and the past performance also doesn’t mean that the future will look like the history but you can get
a good overview of the current falling angels at the market. Some of them still
have a dominating market position like Chevron, China Mobile or AnheuserBush-Inbev.
Each month, I create a quick dividend list (from
low-yield to high-yield paying stocks) of stocks with interesting performance
and valuation figures. Stocks from that list are mid- and large caps (market
capitalization of more than USD 1 billion) with double-digit long-term earnings
growth rates. The companies are traded at AMEX, NYSE, NASDAQ and part of the
Dow Jones, S&P 500 or Nasdaq Composite. The list is selected by the
following criteria and sorted by dividend yield.
Market Capitalization: > 1 Billion
Price/Earnings Ratio: > 0 < 100
Dividend Yield: > 3 < 20
Return on Investment: > 10 < 100
Operating Margin: > 10 < 100
10 Year Revenue Growth: > 8 < 200
10 Year EPS Growth: > 10 < 100
Southern Copper is still the highest yielding company,
followed by BP Prudhoe Bay Royalty Trust and Yanzhou Coal Mining.
All three stocks are commodity players. They have benefitted
from the big commodity price boom of the recent years and suffer now under price
declines.
