Investors have just been reminded
that the stock market can finally have a formal correction. A drop of more than
500 points on Friday has put the Dow Jones Industrial Average down just over
10% from its highs, and the S&P 500 is down over 7% from its highs.
While selling
trends had been in place prior to this past week, 6% of that 10% drop, or 60%
of the total correction, took place last week alone. The trend that has
survived in the past four years or so now is that investors have bought each
and every stock market pullback.
This week’s dismal
end also came on what was the last Friday of summer for many families in
America, so lots of would-be buyers were simply not around to have an interest
in the market, whether it was going up or going down.
I made most of my
capital gains in finical turmoil’s by owning low beta stocks, large caps with a
high diversification worldwide. For sure, you will not make money if you
overpay a corporate.
However, here are
a few attractive valuated dividend growers that could be potential stocks if
the sell-off reaches a broader audience. My main criteria are positive growth
in the past and expected earnings growth for the future.
In addition, forward P/E is fewer than 15 while the beta ratio is the lowest on the results, reaching a high value of 0.73. Attached is a full compilation of the 20 best results by beta values.
In addition, forward P/E is fewer than 15 while the beta ratio is the lowest on the results, reaching a high value of 0.73. Attached is a full compilation of the 20 best results by beta values.
These are my favorites...