Once a month, I show you my current buy candidates.
This is my monthly watchlist update for May 2019.
My Stock Screener
I use my own stock screener to identify companies that perfectly fit my investment strategy. It determines the attractiveness of a stock based on 4 assessment criteria and finally leads to my personal screening result, which I call Dividend Diary Score.
More information about my stock screening process can be found here:
Companies with a Dividend Diary Score of
- less than -10 rarely make it on my watchlist
- between -10 and +10 qualify itself for my stock screener
- higher than +10 probably end up in my portfolio.
My watchlist for May 2019 includes 12 buy candidates:
This month, two new stocks made it on my watchlist:
On the one hand, there is Imperial Brands, another tobacco company.
Every month, I browse my watchlist for the most promising buy candidate.
In May 2019, I once again chose Walgreens Boots Alliance (WBA).
After WBA was already my top pick in April 2019, the company continues to be my favorite until today. That’s because the US pharmacy and drugstore chain fits perfectly to my needs:
Its stock currently looks cheap, it scores with a particularly strong earnings growth and also shows a robust earnings trend.
In addition, WBA has steadily increased its dividend for over 40 years and its stock yields 3.2%.
So it’s no wonder that Walgreens Boots Alliance currently has a positive Dividend Diary Score of as much as +19.4 points. A clear buy signal!
That being said, I still haven’t bought any shares yet. However, I already sold several put options with a strike price of $50, which made for more than $30 in option premiums.
My next watchlist update is expected to be released on June 21, 2019.
If you like my watchlist, you’re welcome to check out my stock series. Here you can find all companies that already went through my stock screener.