Written by Mark Bern, CPA CFA
This past two weeks I continued the series of articles discussing my Master List. The Master List series is about the 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 articles in the series included “The Dividend Investors Guide: Part XX – My Favorite General Retailers,” “Part XXI – Petroleum Producers Poised to Produce,” “Part XXII – Tobacco Dividends That Smoke The Market,” and Part XXIII – Oilfield Equipment and Services Demand Rising.” Parts XXII and XXIII were chosen as Editor’s Picks by the Seeking Alpha staff. These articles provide my current assessments each of the respective industries. Featured companies include Wal-Mart (WMT), Kohl’s (KSS), Target (TGT), Nordstrom (JWN), Apache (APA), ConocoPhillips (COP), Marathon Oil (MRO), Lorillard (LO), Phillip Morris (PM), Altria (MO), British American Tobacco (BTI), and Reynolds American (RAI), Schlumberger (SLB), Halliburton (HAL), Diamond Offshore (DO), SeaDrill (SDRL) and Carbo Ceramics (CRR). I also discuss the more notable exceptions and explain why each company failed to make the list. To find out which companies made the list and which ones did not, you’ll have to read the articles linked above.
Finally, I also published two more articles pertaining to the enhanced income strategy: “Enhanced Income Strategy for Blackrock – Update 4” and “Enhanced Income Strategy for VF Corporation – Update 4.” These articles contain details about the next steps in the strategy recommended for the Blackrock (BLK) and VF Corporation (VFC). We are moving into the call selling phase of the strategy in one of these articles.
Looking forward to the coming week I plan to continue my “Master List” series with detailed analysis and explanations of why each company survived my rigorous test. I intend to publish assessments of the Drug, Recreation, Restaurant, Entertainment, and a couple of industrial industries in the coming week. There should also be at least two new updates in the enhanced income strategy series this week, most likely on United Technologies (UTX) and Microsoft (MSFT).
Timour and I will be including more articles with specific recommendations as the opportunities present themselves. We hope you will find our analyses and strategies interesting with low risk / high reward potential. We hope you will join us and question our assessments. We always enjoy sharing and learning more from others about the companies we own or want to own. We truly believe that we all benefit from the process. We try to answer every question that is posed in the comments section following each article.
Have a great week and thanks for reading!
Investing articles by Mark Bern