
Safe Dividend Investing
Safe Dividend Investing
Podcast 196 - 10 OUTSTANDING US AND CANADIAN STOCKS SCORED
Welcome to this week's Save Dividend Investing's podcast. For greater accuracy, you may want to go to the printed transcript provided with this podcast for the list of 5 outstanding US stocks and 5 outstanding Canadians stocks identified this week. It is interesting to see how scoring these 10 stocks revealed their hidden strengths and weaknesses that were not initially evident.
The first 190 podcasts answered questions from listeners and readers of my publications. Not wanting to repeat the same material that had already been covered, the last six podcasts have dealt with identifying interesting stocks that seemed to worth considering as possible acquisitions.
IAN
imacd@informus.ca
SIX INVESTMENT GUIDE BOOKS BY IAN DUNCAN MACDONALD,
ARE AVAILABLE FROM AMAZON.COM / KINDLE BOOKS
THE FOLLOWING ARE THE 2 LATEST:
(1) CANADIAN HIGH DIVIDEND INVESTING -
In this 325-page book, learn how to select, purchase and build a portfolio of 20 Canadian strong dividend stocks. Summary records of 215 stocks are sorted in multiple ways, and each stock's unique page provides detailed scoring data and 24 years of price and dividend trend data. Released September 23.
(2) NEW YORK STOCK EXCHANGE'S 106 BEST HIGH DIVIDEND STOCKS -
In this 334-page book, there is a 2-page report for each company scoring 11 data elements. It also lists 23 years of historical share price and dividend payouts so that investors can judge the stock's reliability. Released December 2022.
A TRANSCRIPT OF THIS PODCAST IS AVAILABLE.
FOR MORE INFORMATION ON IAN'S 6 INVESTMENT BOOKS, 3 NOVELS, PAINTINGS, PHOTOGRAPHS AND DIGITAL ART VISIT www.informus.ca
Ian Duncan MacDonald
Author, Artist, Commercial Risk Consultant,
President of Informus Inc
2 Vista Humber Drive
Toronto, Ontario
Canada, M9P 3R7
Toronto Telephone - 416-245-4994
New York Telephone - 929-800-2397
imacd@informus.ca
Ian Duncan MacDonald
Author, Artist, Commercial Risk Consultant,
President of Informus Inc
2 Vista Humber Drive
Toronto, Ontario
Canada, M9P 3R7
Toronto Telephone - 416-245-4994
New York Telephone - 929-800-2397
imacd@informus.ca
Pod 196 - 23 Nov 2024
Safe Dividend Investing-
Greetings to listeners all around the world. Welcome to Safe Dividend Investing’s Podcast # 196, on November 23 of 2024. My name is Ian Duncan MacDonald.
In the first 4,000 minutes that were recorded for the 190 Podcasts of Safe Dividend Investing, you will find answers to hundreds of investment questions. A written transcript is provided with each podcast.
Today, I have sifted through 17,000 of stocks traded in North America to bring to your attention this week’s five most outstanding U.S. stocks and five Canadian stocks.
Each of these stocks has been scored. Their score appears along with the five criteria that were used in finding them. Please note that the highest score I have ever calculated, out of the thousands I have scored, was a 78. The lowest was a 5. I personally prefer stocks scoring over 50 in my portfolio.
If you have not already obtained the stock scoring software that I supply free to those who purchase my investment guidebooks, please go to my website www.informus.ca where you can see the eleven factors used to score each stock. All my books describe exactly how a score is calculated and why these eleven criteria were chosen. This software can be used to quickly and easily score any stock trading on any stock exchange.
FIVE OUTSTANDING5 US STOCK FOR 23 NOV 2024
These five US stocks qualified because they exceeded the following criteria.
(1) A trading volume exceeding 1 million shares.
(2) A dividend yield percent exceeding 5%.
(3) A weekly price gain exceeding 5%.
(4) A share price exceeding $5.21.
(5) An Operating Margin Exceeding 20%.
They were:
1. UNITI GROUP INC (UNIT:NYSE)………..SCORE = 47
2. SFL CORPORATION (SFL:NYSE)……....SCORE = 56
3. HAFNIA (HAFN:NYSE) …..………………..SCORE = 62
4. BRANDYWINE REALTY (BDN:NYSE)…..SCORE = 45
5. UGI CORPORATION (UGI:NYSE)……... SCORE = 56
FIVE OUTSTANDING CANADIAN STOCKS FOR 23 NOV 2024
These five Canadian stocks qualified because they exceeded the following criteria:
(1) A trading volume exceeding 1 million shares.
(2) A dividend yield percent exceeding 5%.
3) A weekly price gain exceeding 2%.
(4) A share price exceeding $4.05.
(5) An Operating Margin Exceeding 10%
They were:
1. B2Gold Corp (BTO:TSX)………………….....SCORE = 36
2. VEREN INC (VRN:TSX)………………………..SCORE = 69
3. WHITECAP RESOURCES INC (WCP:TSX) SCORE = 60
4. EMERA INC (EMA:TSX)………………………...SCORE = 64
5. PEYTO EXPLOR. & DEV. CORP (PEY:TSX) ..SCORE= 59
While scoring these ten stocks I found the following interesting.
Emera whose share price was $51.92 was the most expensive stock to buy and B2Gold was the least expensive at $4.06.
Four years ago, Emera Inc was still the most expensive stock at $54.43 but Hafnia was the least expensive at $1.60
The highest Book Value was for Hafnia at $48.99 and the lowest was Uniti at minus $10.43.
B2Gold and Whitecap both had 8 analysts recommending them as buys. The only stock with strong buy recommendations was Veren with two strong buy recommendations.
The highest dividend yield percentage was for Hafnia with 21.60% and the lowest was minus 5.26% for UGI.
The highest operating margin was 46.98% for Uniti and the lowest was minus 1,668 for Brandywine.
The highest price to earnings ratio was 23.4 for Emera while B2Gold had the lowest with a minus 5.2 ratio.
It is strongly recommended that just before you purchase any stock that you always do your due diligence and score the stock to make sure you have a good grasp of its fundamental strength and potential. Of the ten stocks, the stock with the most analyst buy recommendations had the lowest score. Also, the two stocks that appeared to be most outstanding before being scored, Uniti Group and B2Gold, had the lowest scores. Scoring stocks gives you an objective measure to compare and judge each stock.
Until next week.
Ian Duncan MacDonald
Informus Inc.
imacd@informus.ca
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