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It’s important to remember that stocks represent ownership interests in companies run by real management teams. How well a company is run has big implications to its profitability and its ability to maintain a dividend yield.

One way to evaluate this is by looking at the corporate governance policies of the company, such as its board composition and shareholder rights.

Institutional Shareholder Services (ISS) gives ratings for four areas of corporate governance, on risks related to: the board, the audit committee, the compensation committee, and shareholder rights.

We ran a screen on stocks exhibiting the technical bullish signal “golden cross,” in which a stock’s 50-day moving average crosses above its 200-day MA. We screened these stocks for those with ‘low risk’ ratings in all four ISS corporate governance categories.

‪Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.‬

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Click to enlarge

Do you think these companies are being run well? Use this list as a starting point for your own analysis.

List sorted by market cap.

1. Microsoft Corporation (NASDAQ:MSFT): Develops, licenses and supports a range of software products and services for various computing devices worldwide. Market cap of $226.25B. SMA50 at $26.00 vs. SMA200 at $25.81 (current price at $26.55). According to ISS, the company has "low concern" in all corporate governance categories. Might be undervalued at current levels, with a PEG ratio at 0.87, and P/FCF ratio at 11.51. The stock has gained 6.14% over the last year.

2. Wal-Mart Stores Inc. (NYSE:WMT): Operates retail stores in various formats worldwide. Market cap of $195.46B. SMA50 at $53.06 vs. SMA200 at $53.00 (current price at $57.26). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 6.72% over the last year.

3. Procter & Gamble Co. (NYSE:PG): Provides consumer packaged goods in the United States and internationally. Market cap of $177.27B. SMA50 at $62.79 vs. SMA200 at $62.56 (current price at $64.72). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 5.96% over the last year.

4. Intel Corporation (NASDAQ:INTC): Engages in the design, manufacture and sale of integrated circuits for computing and communications industries worldwide. Market cap of $129.33B. SMA50 at $21.52 vs. SMA200 at $21.37 (current price at $24.57). According to ISS, the company has "low concern" in all corporate governance categories. Offers a good dividend, and appears to have good liquidity to back it up - dividend yield at 3.41%, current ratio at 2.24, and quick ratio at 1.91. The stock has had a couple of great days, gaining 5.26% over the last week.

5. Verizon Communications Inc. (NYSE:VZ): Provides communication services. Market cap of $102.44B. SMA50 at $35.81 vs. SMA200 at $35.51 (current price at $36.55). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 17.39% over the last year.

6. Target Corp. (NYSE:TGT): Operates general merchandise stores in the United States. Market cap of $36.73B. SMA50 at $51.25 vs. SMA200 at $50.38 (current price at $54.99). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 4.47% over the last year.

7. Nordstrom Inc. (NYSE:JWN): A fashion specialty retailer that offers apparel, shoes, cosmetics and accessories for women, men and children in the United States. Market cap of $10.76B. SMA50 at $46.16 vs. SMA200 at $45.27 (current price at $50.18). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 35.37% over the last year.

8. Towers Watson & Co. (NYSE:TW): Operates as a global professional services company that helps organizations to improve performance through people, risk and financial management. Market cap of $4.76B. SMA50 at $59.71 vs. SMA200 at $58.86 (current price at $64.38). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 26.58% over the last year.

9. 99 (NYSE:NDN): Engages in the retail sale of consumable general merchandise with focus on name-brand products. Market cap of $1.53B. SMA50 at $19.40 vs. SMA200 at $18.96 (current price at $21.71). According to ISS, the company has "low concern" in all corporate governance categories. The stock has gained 39.64% over the last year.

10. Pool Corp (NASDAQ:POOL): Operates as a wholesale distributor of swimming pool supplies, equipment and related leisure products in North America and Europe. Market cap of $1.41B. SMA50 at $26.68 vs. SMA200 at $26.43 (current price at $28.96). According to ISS, the company has "low concern" in all corporate governance categories. The stock is a short squeeze candidate, with a short float at 8.47% (equivalent to 11.06 days of average volume). The stock has had a good month, gaining 11.68%.

11. Exponent Inc. (NASDAQ:EXPO): Provides engineering and scientific consulting services worldwide. Market cap of $615.48M. SMA50 at $41.66 vs. SMA200 at $41.25 (current price at $45.92). According to ISS, the company has "low concern" in all corporate governance categories. Exhibiting strong upside momentum - currently trading 5.44% above its SMA20, 10.23% above its SMA50, and 11.32% above its SMA200. The stock has gained 39.34% over the last year.

12. Main Street Capital Corporation (NYSE:MAIN): A business development company specializing in equity, equity related and debt investments in small and lower middle market companies. Market cap of $406.46M. SMA50 at $17.94 vs. SMA200 at $17.90 (current price at $17.67). According to ISS, the company has "low concern" in all corporate governance categories. The stock is a short squeeze candidate, with a short float at 5.22% (equivalent to 6.32 days of average volume). The stock has gained 14.51% over the last year.

*ISS ratings sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 12 Golden Cross Stocks With Strong Corporate Governance