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Re: gfp927z post# 206

Friday, 03/01/2024 9:41:37 AM

Friday, March 01, 2024 9:41:37 AM

Post# of 222
I would LOVE to see you figure a tad better algorithm. Maybe adjust your RSI, or add that the company needs to have increasing annual dividends.
Something to make your list more manageable and hopefully find the stocks a bit sooner.
When I first started trading, I had a great criteria that I have long ago forgot to keep using. I think it was...

P/E under 20
Raises their dividend annually
Long Term Debt under 20%
Increased earnings of 10%+ annually.

Not sure this was it, but something like this. Interestingly, it only provided maybe 18 stocks? But they all turned out to be great ones.
I also recall following the AAA rated companies.....at the time there were 8. I just looked at there are now only 2....JNJ and MSFT.

More than 60 U.S. companies carried the coveted AAA credit rating from S&P Global Market Intelligence in 1980. And that dropped to just six in 2008. Since then, ExxonMobil (XOM), General Electric (GE), drugmaker Pfizer (PFE) and Automatic Data Processing (ADP) have all been downgraded.

Even the U.S. government lost its AAA rating in April 2011 from S&P. That's the last time the government struggled to raise the debt ceiling. It was since restored by S&P.


Just my opinion, of course.

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