Industrial dividend stocks with high beta ratios at a cheap valuation originally published at long-term-investments.blogspot.com. I love it so look for cheap stocks but bargains at the market are really hard to find especially because of the hundreds of thousands metrics you can use to identify an undervalued stock.
A major criterion which is often used by many investors is the price to earnings ratio. It tells you how many years do you need to get your investment back in corporate earnings. The lower the ratio, the cheaper your investment is. A P/E of 10 also means that the earnings yield is at 10 percent.
This month, I've created an article serial about high beta stocks. Those stocks are stronger correlated than the overall market and tend to outperform the broad S&P 500 in bullish times. They also tend to lose performance when the markets are going down.
Today I would like to screen high beta dividend stocks from the industrial sector with a cheap forward P/E ratio. Only fifteen stocks fulfilled these criteria and eleven of them are currently recommended to buy.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 17.39 and forward P/E ratio is 13.05. The dividend yield has a value of 2.26 percent. Price to book ratio is 3.30 and price to sales ratio 1.22. The operating margin amounts to 11.05 percent and the beta ratio is 1.55. Stocks from the list have an average debt to equity ratio of 1.06.
Related Stock Ticker Symbols:
ABB, GE, CAT, SI, GD, TS, NOC, DE, SWK, CMI, BA, PH, DOV, IR, FLR