Pod191 20 Oct 2024
Safe Dividend Investing
Greetings to listeners all around the world. Welcome to Safe Dividend Investing’s Podcast # 191, on October 20 of 2024. My name is Ian Duncan MacDonald.
After doing 190 podcasts I think it is time for a change and for something new. This podcast will no longer be dedicated to answering new investment questions. You should be able to find answers to your investment questions in the transcripts of the hundreds of questions answered in my previous 190 podcasts.
What is different, is that every Friday I will now scan through thousands of stocks with a preset scanning program and bring to your attention one U.S. stock and one Canadian stock that appear to be stronger and stand out from all the other stocks showing a significant gain in share price in the previous 5 trading days. I will score these two stocks and provide you with their sub scores and Grand Score.
While the scores for these 2 stocks may not be the highest score I have ever calculated, I think they might bring to your attention a stock you may wish to investigate further. The highest score I have ever calculated out of the thousands I have scored was a 78. The lowest was a 5. I personally prefer stocks scoring over 50 in my portfolio.
From time to time, I will still be answering interesting questions from listeners and reporting on investment items that may help you in building your financially stronger, more generous portfolio.
This change will free up the time I need to complete the audio book version of my last novel, BEWARE THE ABANDONED, and to finish a sequel to that novel.
I do enjoy hearing from listeners. The following are two outstanding stocks selected on October 18 of 2024:
USA STOCK OF THE WEEK
(a) COMPANY NAME ALTRIA GROUP INC
(b) STOCK SYMBOL MO
(c) PRICE on 18 OCT 2024 $49.61 SUB SCORE 8
(d) PRICE on in OCT 2020 $39.08 SUB SCORE 8
(e) COMPARISON (C)TO (D) >>>>>>>>>>>>>>>> SUB SCORE 9
(f) STOCK’S BOOK VALUE -$ 2.01 SUB SCORE 1
(g) COMPARISON (C) TO (F) >>>>>>>>>>>>>>>> SUB SCORE 0
(h) ANALYST BUYS 2 SUB SCORE 3
(i) ANALYST STRONG BUYS 0 SUB SCORE 0
(j) DIVIDEND YIELD % 8.22 SUB SCORE 10
(k) OPERATING MARGIN % 46.14 SUB SCORE 6
(l) DAILY TRADES 7,148,405 SUB SCORE 10
(m) PRICE-TO-EARNINGS 8.6x SUB SCORE 9
GRAND SCORE 64
CANADIAN STOCK OF THE WEEK
(n) COMPANY NAME FREEHOLD ROYALTIES LIMITED
(o) STOCK SYMBOL FRU
(p) PRICE on 18 OCT2024 $ 13.95 SUB SCORE 5
(q) PRICE in OCT 2020 $ 4.04 SUB SCORE 3
(r) COMPARISON (p)TO (q) >>>>>>>>>>>>>>> SUB SCORE 10
(s) STOCK’S BOOK VALUE $ 6.13 SUB SCORE 4
(t) COMPARISON (p) TO (s) >>>>>>>>>>>>>>> SUB SCORE 0
(u) ANALYST BUYS 3 SUB SCORE 3
(v) ANALYST STRONG BUYS 0 SUB SCORE 0
(w) DIVIDEND YIELD % 7.74 SUB SCORE 10
(x) OPERATING MARGIN % 61.02 SUB SCORE 8
(y) DAILY TRADES 667,549 SUB SCORE 6
(z) PRICE-TO-EARNINGS 14.1 SUB SCORE 9
GRAND SCORE 58
END