Bargain hunting – strong earnings growth.

Vlada Kynsky — Mon, 07 Jul 2008 18:15:00 +0000

Last time I was screening top yielding stocks among S&P500 components and this time I run my fundamental stock screen for growth stocks. I set as a criteria "Estimated earnings growth for next 5 years" to be at least 25% per year. There are 18 companies with such a projected growth. For better picture I've also added P/E ratio and share price return on yearly and quarterly basis.

Investing strategy based on strong projected EPS growth shows following results. S&P 500 index is yearly down by -18% and average return for selected stocks is up by 20%. On quarterly basis S&P 500 down by -9% and again beaten by growth stock with average return -2%.

Ticker	Company Name	Forw.	EPS gr.	Yearly	Quarterly
		PE	Next 5y
(MEE)	MASSEY ENERGY CO	13	50	181%	52%
(NOV)	NATL OILWELL VARC	14	45	50%	25%
(CELG)	CELGENE CP	29	42	17%	8%
(MTW)	MANITOWOC CO INC	7	41	-36%	-39%
(MON)	MONSANTO COMPANY	27	36	79%	-1%
(ISRG)	INTUITIVE SURG IN	35	36	71%	-28%
(GT)	GOODYEAR TIRE RUB	5	35	-52%	-35%
(CAM)	CAMERON INTL CP	16	32	41%	13%
(MUR)	MURPHY OIL CP HLD	9	31	52%	8%
(RIG)	TRANSOCEAN INC	8	28	26%	-2%
(WFR)	MEMC ELECTRONIC M	10	28	-11%	-25%
(CTSH)	COGNIZANT TECH SO	16	28	-22%	6%
(GOOG)	GOOGLE	21	28	-1%	12%
(ICE)	INTERCNTNTLEXCHAN	16	26	-34%	-31%
(TIE)	TITANIUM METALS C	8	26	-65%	-36%
(SWN)	SOUTHWESTERN ENER	26	25	88%	15%
(AKAM)	AKAMAI TECH INC	16	25	-33%	2%
(SII)	SMITH INTL INC	17	25	32%	14%

High dividend stocks of S&P 500.

Vlada Kynsky — Sat, 05 Jul 2008 14:21:00 +0000

I run my fundamental stock screener searching stocks with the highest dividend yield. Report list only companies included in index S&P 500. Not surprisingly except one (GM) there are only financials and banks in top ten. The one of the highest yield was for financials compared to other sectors already before credit turmoils. And after deep fall we can see almost incredible yield over 30% for MBI.
I list below one more table. Just to show top 10 high dividend stocks purged from financials.

Top yielding stocks in S&P 500

Symbol	Company Name	Industry	Yield
(MBI)	MBIA Ord Shs	Titleinsur	33.58
(ACAS)	American Capital Strat.	ClFundDebt	18.36
(RF)	Regions Financial Corp	StheastBnk	14.74
(KEY)	Keycorp Ord Shs	MonCentBnk	13.51
(BAC)	Bank of America Ord Shs	MonCentBnk	11.43
(CMA)	Comerica Inc	MidwestBnk	10.7
(WB)	Wachovia Corp Ord Shs	MonCentBnk	10.08
(GM)	GENERAL MOTORS	AutoManu	9.88
(HBAN)	Huntington Ord Shs	MidwestBnk	9.65
(MI)	Marshal & Ilsley Ord Shs	MidwestBnk	9.05

High dividend S&P 500 stocks (banks and financials excluded)

Symbol	Company Name	Industry	Yield
(GM)	GENERAL MOTORS	AutoManu	9.88
(CZN)	Citizens Comms Ord Shs	TelecomDom	8.84
(Q)	Qwest Communications Intl	TelecomDom	8.51
(DDR)	Developers Diversified Realty	REITRetail	8.44
(WIN)	Windstream Corp	TelecomDom	8.3
(GCI)	Gannett Co Inc	PublshNews	8.16
(XL)	XL Capital Class A Ord Shs	PropInsure	7.65
(FNM)	Fannie Mae Ord Shs	Mtginv	7.46
(PFE)	Pfizer Ord Shs	MjrDrgManu	7.21
(RAI)	Reynolds American Inc	Cigarettes	7.19

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Bargain hunting – strong earnings growth.

High dividend stocks of S&P 500.