I have recently added a Watchlist to Margin of Safety Investing in order to regularly keep track of stocks I have reviewed so far and had both a good business performance and a conservative balance sheet.
Then, by using a 3-year EPS average Price / Earnings ratio (Graham method) I have established a price target which I use as a yardstick to filter stock that are worth a longer look (and a deeper valuation exercise).
Of the 44 stocks I have reviewed so far, 19 are on my Watchlist, and 10 are below or close to the target price, justifying a deeper look.
The current stocks that I believe could be attractive are:
|Company||Current Price||P/E trailing||Cash Return||Dividend yield||Target Price||Current / Target|
|Becton, Dickinson (BDX)||81.5||16.6||6.3||2.0||75.0||109%|
|Buckle Inc. (BKE)||37.7||14.0||5.1||-||38.0||99%|
|General Dynamics (GD)||67.6||10.4||10.1||2.5||94.0||72%|
|Johnson & Johnson (JNJ)||62.6||12.9||9.2||3.5||69.0||91%|