Today, I like to screen the financial sector by
the best growth stock picks for 2013. The whole sector has too many stocks
listed, around 2,868 - No wonder that we need a consolidation with the
financial crisis. Stocks from the sector are totally valuated at 168.25
trillion. The average P/E amounts to 13.04 and the yield is 2.45. What do you
think, are stocks from the financial sector cheap or right to buy now? Let me
know in the comment box bellow.
These are my criteria:
- Forward P/E under 15
- Past 5Y Sales growth over 10 percent
- Earnings per share growth for the next five
years over 10 percent
- Operating Margin over 10 percent
- Market Capitalization over 2 billion
Eleven stocks remain of which six have a current
buy or better rating. Ten of the results pay dividends. I am not a big fan of financial
stocks because I could not evaluate the risks of the banking assets. I like stocks
from services stocks with financial relations like Thomson Reuters, Moodys or Nasdaq.