14Dec/100
basic value screen @ google finance
This is a demonstration of how to set up a basic value screen at google. First we include mandatory constraints: long term earnings history, dividend, and ttm P/E. Then we narrow the selection to a couple dozen by upping the constraints. In the end we decide to sort the results by dividend yield. (we take an extra step here to eliminate outliers on the upper end, if a company is paying outrageous dividends it's probably going down the tubes). This is inline with Graham and Dodd's view of what makes a stock the most attractive in "Security Analysis" (the dividend). In "The Intelligent Investor" more emphasis is put on shareholder equity. They are both good approaches.