02-28-2017, 07:16 AM
(01-22-2017, 06:28 AM)Forticus Wrote: Retail is second on my research list to establish a watch list. The recent drop of TGT and a possible forward yield of 3,9% (increase 5% in 2017) caught my eye. I didn't throw it.
A quick 11-checks scored screen on all Consumer Discretionary and Staples on the CCC table: "winner" of all Consumer Industries is TGT with a score of 76% (42 of 55 points).
A different 11-check (non-graded: yes or failed, includes only three checks of the first) is biased towards fundamental analysis and should help me decide, whether I start the analysis of 10 annual reports, meant to look for businesses that increase their bookvalue over decades. An eyeball's test of 10 years data in stockrover gives ...
TGT get's 5,5 of 11. A meager 50%.
Growth : 0 of 4
Fin. Health : 3 of 4
Profitablilty : 1,5 of 3
Gliding 5yrs averages seem to wave up and down around 2% (revenues) and 5% (earnings).
Where would expectations of dividend growth higher than 5% come from?
Looks like a boring average business that goes along with inflation. So in some way it could increase its value while paying me.
It also may be a counterweight to less boring members of my portfolio, such as ABBV, GILD, SU.
With a current forward total yield (EY+EY) > 12% and a prospected 5yr total return > 12% (Fastgraphs, 3rd future graph)
I am tempted to skip analysis of 10 years of annual reports (which I havent done for ABBV, GILD, SU).