Tomorrow I put more money to work in my MFI Formula approach. I now have a very snazzy excel spreadsheet to automate what is actually a very simple approach. Recall I will take the following steps:
- Start with top 50 stocks greater than $100m from official screen.
- Pare down that list to stocks with a market cap > $600m and a Yahoo dividend yield of greater than 2.4%.
- Then I can throw out one stock.
- Randomly select 5 stocks from remaining list.
If I did it today, here are the stocks:
Of course my first tranche had BKE, CA, GME and NUS. So there is a decent chance I will have some repeats. But that is part of the "formula". Wish me luck. I will let you know the five tomorrow or else you have to wait until 2015.
|10/1/2014 Stocks||Start||Current||Dividend||Pct Gain||R3K Gain|