This time I´ll share with you one small but pretty much golden tip. You might have heard about Financial Times, right? Ever been to their website before? Unless you are an active user or already heard about this from some other source you probably didn't know about their stock screener.
\/ \/ \/ \/ \/
/\ /\ /\ /\ /\
Stock Screener
This is probably the most worthwhile function and is great for finding investment ideas to research further.
You can search by country or region and industry sector.
There are 40 screening criteria you can use. From market capitalisation to interest coverage.
When you check the site for the first time you see a handful of options to search by. You can add much, much more criteria!
Screens can also be saved for future use.
I put a screen together with the following criteria:
- Price to earnings ratio 0 to 10.1
- Five year return on average assets > 28%
- Debt to Equity < 0.4
The screen came up with 55 companies ranging from a small capitalisation South African IT company to a US timber royalty trust.
The FT also has the following pre-defined screens:
- A Warren Buffet screen
- A Ben Graham value investing screen
- A 'growth at a reasonable price' screen
- A Martin Zweig screen
Please keep in mind that the output of a screen should only be a starting point for your analysis and that further research is definitely necessary.
No comments:
Post a Comment
Inflation is taxation without legislation. ~Milton Friedman