Cheap large capitalized stocks with high growth originally published at "long-term-investments.blogspot.com. Dividend stocks with lovely looking fundamentals and cheap price ratios can promise you a good return but they are also very rare. The higher the efforts of your screen are, the lower the number of results you get. Today I would like to update my monthly screen about the cheapest dividend paying stocks on the capital market. I use six very strong criteria and only around a dozen companies remain each month.
My criteria for the cheap large cap screen are:
- Market Capitalization over USD 10 billion
- Expected Earnings per share growth over 10 percent for the next year.
- P/E ratio under 15
- P/S and P/B ratio under 2
- Positive Dividends
Thirteen companies fulfilled this time the criteria and nine of them have a current buy or better rating. One stock has a high yield on a twelve trailing month basis (5 percent dividend yield). To buy cheap stocks is no guarantee for a return but you get value for what you pay and the possibility to overpay a stock is also low is the business model is somehow stable.
Here is the full table with some fundamentals:
Take a look at the full list of cheap large capitalized stocks with highest expected earnings per share growth. The average P/E ratio amounts to 10.39 while the forward P/E ratio is 9.14. P/S ratio is 0.71 and P/B ratio 1.26. The expected earnings growth for next year amounts to 15.44 and 9.31 percent for the upcoming five years.
Related stock ticker symbols:
BP, NEM, FCX, PKX, AEG, PTR, KSS, VLO, MPC, MUR, MGA, NOV, LNC