I'd be interested to hear a few details to everyone's approach to screening stocks. Over the past few days I've taken a few minutes here and there to play with the stock screener provided by my online brokerage house. My criteria were as follows:
Dividend > 4%
Stock Price > $5 (just to weed out the penny stocks)
growth > or = to the S&P 500 (I'm not entirely sure how the screener is applying this)
It narrows things down to 200-300 stocks, which is a pretty good chunk. Out of those remaining, I only see a handful that I recognize, and none that look to consistently beat the S&P over the past several years. So Even with a 4%-5% dividend, I would be better off with an index fund that's returning 12% or so.
It's likely I'm overlooking something, or didn't setup my charts to show what I think they're showing. I didn't have more than a few minutes to play around with it.
Is there something obvious that I'm missing? I'm looking for the first pass to get things down to a reasonable number of stocks to look through to find good candidates.
Last edited by AU Doc; 11-16-2017 at 03:47 PM.
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