June 20th, 2012
Written by Mark Bern, CPA CFA
This week I continued the new series of articles discussing my Master List and the selection process I use to identify quality companies.You are welcome to jump into the series at any place or any time as each articles is written to stand well and make sense on its own, but you also may find it helpful to read the first article in the series, “The Dividend Investors’ Guide to Successful Investing,” which includes a detailed outline of the process of filtering and eliminating companies to narrow the list down to a manageable level.It includes a discussion of each of my ten rules that I apply to rate each company that makes it through the full screening process.
This week’s article in the series is “The Dividend Investors’ Guide: Part VIII; How Much Growth Is Left For Household Products?” The article provides my current assessment of the Household Products Industry, including the rating system that I use. Procter & Gamble (NYSE:PG) earned the highest ranking of the group, but there were some notable companies excluded from my list and I explain why for each one.
I also wrote another article at Seeking Alpha entitled, “Will United Technologies New Focus Translate To Bottom Line Gains?” (NYSE:UTX) This article explains my views on the two major changes the company is planning to make regarding its greater focus on the aerospace industry and divesting units in the power systems and the fire and security segments.
Looking forward to the coming week I plan to continue my “Master List” series with detail analysis and explanations of why each company survived my rigorous test. I also have a surprise or two from another author with whom I have begun working. I hope you’ll join me and question my assessments.I always enjoy sharing and learning more from others about the companies I own or want to own.I believe the process makes us all better investors.
Investing articles by Mark Bern