Stock Screener: Take 7: GIMB: Gimv
Remember my post on KYN , SIMO , TAICY , TYG , EWZ , XIN ? All have been doing well. XIN has given a handsome dividend of 6% while appreciating 15%, I'm amazed how well this stock screener idea works. I'm still keeping this stock in my portfolio as it is undervalued and can double in no time (because China decreased interest rates and decreased down payment on real estate), but let's go to another stock for our readers. Track record 6-0.Time to move on. If I don't have any ideas anymore what to buy, I use the stock screener . What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change. 1) Market Cap: do not choose small companies as they are mostly fraudulent or don't have sustainable earnings. Don't choose big companies because these are not volatile enough to get fast profits from. I'd filter between 200 million and 4 billion. 2) P/E ratio: choose the companies with the lowest P/E ratio, these companies ...