The Stingy News Weekly: 08/01/2020
New from Norm
Moving average momentum
"The moving-average portfolio gained an average of 10.4 per cent
annually from the end of 1994 through to the end of June, 2020.
It beat a buy-and-hold investment in the stock index, which
climbed 7.8 per cent annually over the same period. The bond index
fared reasonably well but lagged both with annual returns of 6.3
per cent."
Stingy Links
Stranger things
"The stock market is noisy, and strange things can happen over
three, five, even ten years. But over the long haul, investors
eventually get what they pay for. Those who buy expensive equities
at low yields usually realize low returns over the long run. And
investors who buy cheap stocks at high yields can realize high
returns - provided they stick with the strategy over the long
haul." [Value Investing]
Nate Tobik talks to Tobias Carlisle
"Nate Tobik is the Founder of CompleteBankData, author of the
Bank Investors Handbook, and writes about deep value stocks in the
Oddball Stocks Newsletter" [video] [Value Investing]
Seasonality factor
"Different variations of dual momentum or trend following show
similar results. Rebalancing during the first two trading days of
the month gives better results than rebalancing on other days of
the month or on a weekly basis." [Momentum Investing]
Off the charts
"I would bet that when FDR created these bureaus whose divisions
employs 1000s of economists, statisticians and mathematicians,
none of them would have ever imagined off-the-chart economy like
the one we are living through today." [Economy]
S&P/TSX60 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Brookfield Property Partners (BPY.UN) | A | A | A | A |
| Pembina Pipeline (PPL) | B | B | D | A |
| Enbridge (ENB) | E | C | C | A |
| Power Corp of Canada (POW) | B | A | A | A |
| Cdn Natural Resources (CNQ) | A | A | B | A |
| Bank of Nova Scotia (BNS) | A | B | C | A |
| CIBC (CM) | A | B | C | A |
| Manulife (MFC) | A | A | A | A |
| BCE Inc. (BCE) | C | D | C | A |
| Bank of Montreal (BMO) | A | A | B | A |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Canadian Apartment REIT (CAR.UN) | A | B | E | C |
| Manulife (MFC) | A | A | A | A |
| Cdn Natural Resources (CNQ) | A | A | B | A |
| Bank of Nova Scotia (BNS) | A | B | C | A |
| Bank of Montreal (BMO) | A | A | B | A |
| Inter Pipeline (IPL) | A | B | C | C |
| Brookfield Property Partners (BPY.UN) | A | A | A | A |
| CIBC (CM) | A | B | C | A |
| TD Bank (TD) | A | B | C | B |
| National Bank (NA) | A | C | C | B |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Teck Resources (TECK.B) | F | A | B | D |
| Brookfield Property Partners (BPY.UN) | A | A | A | A |
| Cenovus Energy (CVE) | F | A | A | F |
| First Quantum (FM) | F | A | C | E |
| Imperial Oil (IMO) | F | A | A | B |
| Manulife (MFC) | A | A | A | A |
| Power Corp of Canada (POW) | B | A | A | A |
| Nutrien (NTR) | D | A | B | A |
| Cdn Natural Resources (CNQ) | A | A | B | A |
| Suncor Energy (SU) | F | A | B | C |
| Notes | More Info... |
| Canadian Stock Summary | Yield | P/E | P/B | | Brookfield Property Partners (BPY.UN) | Y | Y | Y |
| Cdn Natural Resources (CNQ) | Y | Y | Y |
| Manulife (MFC) | Y | Y | Y |
| Bank of Montreal (BMO) | Y | Y | |
| Bank of Nova Scotia (BNS) | Y | Y | |
| CIBC (CM) | Y | Y | |
| Power Corp of Canada (POW) | Y | | Y |
| BCE Inc. (BCE) | Y | | |
| Canadian Apartment REIT (CAR.UN) | | Y | |
| Cenovus Energy (CVE) | | | Y |
| Enbridge (ENB) | Y | | |
| First Quantum (FM) | | | Y |
| Imperial Oil (IMO) | | | Y |
| Inter Pipeline (IPL) | | Y | |
| National Bank (NA) | | Y | |
| Nutrien (NTR) | | | Y |
| Pembina Pipeline (PPL) | Y | | |
| Suncor Energy (SU) | | | Y |
| TD Bank (TD) | | Y | |
| Teck Resources (TECK.B) | | | Y |
| Notes... |
DOW 30 Value Screens
| High Dividend Yield Stocks | P/E | P/B | P/S | Yield | | Exxon Mobil (XOM) | B | A | A | A |
| Chevron (CVX) | E | A | B | A |
| IBM (IBM) | A | D | B | A |
| Walgreens (WBA) | E | B | A | A |
| Verizon (VZ) | A | C | B | A |
| Pfizer (PFE) | B | C | D | B |
| 3M (MMM) | C | E | C | B |
| JP Morgan Chase (JPM) | A | B | D | B |
| Coca-Cola (KO) | C | E | E | B |
| Raytheon (RTX) | C | B | A | B |
| Notes | More Info... |
| Low Price/Earnings Stocks | P/E | P/B | P/S | Yield | | Intel (INTC) | A | B | C | C |
| Goldman Sachs (GS) | A | A | B | D |
| Verizon (VZ) | A | C | B | A |
| JP Morgan Chase (JPM) | A | B | D | B |
| IBM (IBM) | A | D | B | A |
| Caterpillar (CAT) | B | C | B | C |
| DuPont (DD) | B | A | C | D |
| Pfizer (PFE) | B | C | D | B |
| Exxon Mobil (XOM) | B | A | A | A |
| Travelers (TRV) | B | A | A | C |
| Notes | More Info... |
| Low Price/Book Value Stocks | P/E | P/B | P/S | Yield | | Goldman Sachs (GS) | A | A | B | D |
| Exxon Mobil (XOM) | B | A | A | A |
| DuPont (DD) | B | A | C | D |
| Travelers (TRV) | B | A | A | C |
| Chevron (CVX) | E | A | B | A |
| JP Morgan Chase (JPM) | A | B | D | B |
| Raytheon (RTX) | C | B | A | B |
| Walgreens (WBA) | E | B | A | A |
| Walt Disney (DIS) | E | B | C | F |
| Intel (INTC) | A | B | C | C |
| Notes | More Info... |
| US Stock Summary | Yield | P/E | P/B | | Exxon Mobil (XOM) | Y | Y | Y |
| JP Morgan Chase (JPM) | Y | Y | Y |
| Chevron (CVX) | Y | | Y |
| DuPont (DD) | | Y | Y |
| Goldman Sachs (GS) | | Y | Y |
| IBM (IBM) | Y | Y | |
| Intel (INTC) | | Y | Y |
| Pfizer (PFE) | Y | Y | |
| Raytheon (RTX) | Y | | Y |
| Travelers (TRV) | | Y | Y |
| Verizon (VZ) | Y | Y | |
| Walgreens (WBA) | Y | | Y |
| 3M (MMM) | Y | | |
| Caterpillar (CAT) | | Y | |
| Coca-Cola (KO) | Y | | |
| Walt Disney (DIS) | | | Y |
| Notes... |
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