What Did You Buy Today?

[fenders53]

(04-09-2020, 10:10 AM)Otter Wrote: Someone reached out to me over private messages and asked what my "quality" buy list looks like right now for upcoming earnings season. I thought I would just share it with everyone:

It's short, as I was skimming the CCC List for Large Cap Aristocrats with yield over 2%, safe payout ratios, clean balance sheets (debt/equity info and S&P Credit Ratings taken from FAST Graphs, which is more accurate than the CCC list), Decent P/E ratios (or roughly within 10yr average), and Chowder Numbers over 12. For now, that's my hot list. 

It could expand if we get another big leg down and some of the companies with sky-high P/Es (HRL, MSFT, PEP, etc.) come back to Earth a bit.

Good info, I own some of those.  I knew the aristocrats and UTEs were a false sense of security with the sky high valuations coming into this.  Hopefully more will get closer to fair value soon.  I haven't checked the price lately but I looked at a stock like HRL in JAN and thought "are you kidding me?"