The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

Number Cruncher

Screens that break down the numbers from our investment reporters

Entry archive:

Ten gold producers well positioned amid bullion price volatility

RYAN GOTTSCHALK

What are we looking for?

Companies that are well positioned to withstand the volatility surrounding gold prices, measured by low levels of net debt and strong relative valuation metrics.

The screen

Gold prices have continued to make headlines for all of the wrong reasons and with spot values recently trading at approximately 58 per cent of their five-year high, the question now becomes which gold companies will be able to withstand this major headwind.

More »

Ten North American airline stocks to keep on your radar

CRAIG McGEE

What are we looking for?

How North American airline companies stack up.

The screen

It’s still early in the current earnings season for the airlines industry but so far, results have been generally positive. In the coming weeks, the majority of airlines will release their latest quarterly results, so my colleague Lawrence Ullman and I looked for firms in the sector that could potentially have relative strength among their peers.

More »

These 10 U.S. stocks lead in valuation, insider buying, price momentum

TED DIXON

What are we looking for?

We want to screen for the highest-ranking stocks listed on either the NYSE or Nasdaq, based on our INK Edge V.I.P. criteria (valuations, insider commitment and price momentum). This is the same approach we apply to determine membership for the INK Canadian Insider Index, which is used by the Horizons Canadian Insider Index ETF (HII-TSX).

More »

A top-10 list of Canadian REITs

IAN TAM

What are we looking for?

Canadian REITs with high relative yields and good funds from operations on a per share basis.

The screen

The recent move by Bank of Canada Governor Stephen Poloz to lower the central bank’s overnight lending rate may have come as a bit of a surprise to some. Several comments had been made about the potential of such a move further inflating the housing market in Canada, leading up to his announcement.

More »

Fifteen Canadian companies benefiting from the lower loonie

CHARLES MARTIN

What are we looking for?

Following last week’s announcement by the Bank of Canada to cut their overnight lending rate, the loonie fell to its lowest level since 2009. A weak dollar makes importing goods and vacations to the United States more expensive, yet some companies benefit. The firms that gain the most advantage source a large portion of their revenue in U.S. dollars and operating expenses in Canadian dollars. I am looking for Canadian-listed firms outside of the energy sector that derive at least half their revenues from the United States.

More »

Seven powerhouse retail stocks in a challenging sector

PETER ASHTON

What are we looking for?

U.S. retail stocks poised to grow amid a poor retail environment.

On July 14, the U.S. Census Bureau released its monthly retail trade report for June. The report showed that June sales contracted by 0.3 per cent, compared with a growth of 0.3 per cent projected by analysts. In light of a generally healthy U.S. economy, this report was a huge disappointment and the share prices of many retailers declined on the news.

More »

Watch these stocks: Signs of strength in consumer discretionary sector

MONICA RIZK AND RON MEISELS

What are we looking at?

Canadian and U.S. consumer discretionary stocks.

The screen

We limited our pool to the S&P/TSX 60 index and the S&P 100 index.

To find the most promising, we looked at each stock’s 40-week moving average (40wMA). This is the average closing price for the stock over a period of 40 weeks. Charting the moving average week by week gives us a sense of investor’s behaviour: Are they growing more (or less) enthusiastic about the company’s outlook and are they more (or less) likely to purchase the stock? Generally speaking, stocks that trade above their rising 40wMAs are the best candidates for investments; they are the ones that show a bullish pattern. We identified the status of each stock’s average (rising, falling or flat) in the adjoining table.

More »

Ten companies flying under the radar of institutional analysts

IAN TAM

What are we looking for?

Companies flying under the radar of institutional analysts.

The screen

Canadian institutional investors often rely on top-tier analysts from Canada’s broker-dealer network to provide in-depth research on potential stock investments. Analysts are key part of the financial ecosystem as they provide estimates that guide investors on key measures, such as the expected earnings of a company in an upcoming reporting period.

More »

Seven protective U.S. large cap stocks for volatile times

PATRICK GATTUSO

What are we looking for?

Large cap companies in the United States that offer good protection during volatile times due to their sound balance sheets, high earnings growth, strong profitability and sustainable earnings.

The screen

As economic risk begins to escalate in financial markets, investing in solid and established companies is an essential step in protecting portfolios.

More »

Fifteen U.S. companies primed for growth

CRAIG MCGEE

What are we looking for?

Upwardly trending U.S. companies that haven’t attracted short sellers.

The screen

Market volatility has been spiking again amidst uncertainty in China and the euro zone, and more of the bears appear to be waking from their hibernation. For instance, short interest is over 312 million shares on the SPDR S&P 500 ETF (SPY), which is the highest level since February, 2012.

More »

Twelve well-valued stocks in the U.S. market

PETER ASHTON

What are we looking for?

U.S. stocks with reasonable valuations in the context of a richly valued market.

Nobel Prize-winning economist Robert Shiller warned at the end of June that the U.S. stock market is among the most expensive in the world right now. Measuring stock prices against 10-year average earnings shows that stocks are more expensive than at any time since 2007. Are there still well-valued stocks to be found?

More »

These 10 Canadian stocks show strong earnings momentum

IAN TAM

What are we looking for?

Canadian companies showing a near-term rise in earnings and positive price trends.

The screen

For momentum investors, quarterly earnings-per-share estimate revisions and quarterly reported earnings are of utmost importance.

Estimate revisions measure analysts’ sentiment on a company’s upcoming reporting period, while reported earnings show the actual result; that is, the bottom line of a company’s quarterly results in shareholder terms.

More »

These 10 companies earn top marks in key StarMine tests

RYAN GOTTSCHALK

What are we looking for?

North American companies that rank in the top 15 per cent across three of Thomson Reuters’ proprietary StarMine models. These models look to identify opportunity based on each company’s respective attributes and can be incorporated into our screening tool.

The screen

The StarMine quantitative models are grounded in fundamental economic concepts and backed by rigorous research and testing. This screen will take a look at companies that score in the top regional percentiles across three of the most commonly used StarMine models:

More »

Only one Canadian bank is showing a clear rising trend in economic profit

Rizwan Shah

What are we looking for?

Following up on the results of the second quarter, we are now looking at the trend of economic profit for Canadian banks.

The screen

As a metric, economic profit (also known as “economic value-added,” or EVA), is a measure of the wealth returned to shareholders over time, which is different from accounting profit.

More »

These 20 Canadian companies are consistently profitable

IAN TAM

What are we looking for?

Steady Canadian companies showing consistent returns on equity.

The screen

Return on equity (ROE) is a key measure of profitability that shows a company’s ability to return value to shareholders. Companies with steady returns on equity are efficient in using their assets to generate returns. This week, I look for companies that show positive trends in ROE – and have also had a consistently positive ROE over five- and 10-year periods.

More »

These 12 stocks are for investors who think like owners (not traders)

CHARLES MARTIN

What are we looking for?

Sometimes investors seem to forget that a company’s shares represent a fractional ownership in an underlying business. They focus on short-term factors and trade excessively – rather than taking the longer-term approach of a business owner. Such trading can cause big fluctuations in stock prices that may not reflect the true value of the business.

More »

Undervalued U.S. stocks that show signs of sustainable growth

CRAIG McGEE

What are we looking for?

Undervalued U.S. companies with sustainable growth and upward momentum.

The screen

Two weeks ago we dug into the Canadian market in search of trending stocks with room to grow using the EMG (enterprise multiple to growth) ratio. Like the PEG ratio, EMG measures valuations relative to growth rates where we’re taking EV/EBITDA (total enterprise value divided by four quarters of earnings before interest, taxes, depreciation and amortization) and dividing by the sustainable growth rate (also known as reinvestment rate).

More »

Eight beaten-down Canadian stocks poised to bounce back

PETER ASHTON

What are we looking for?

Market drama related to a future Fed rate hike and concern in Europe about a possible “Grexit” has had a negative impact on many Canadian stocks. With the Greek situation poised for resolution and a growing consensus of a slow start to interest-rate increases in the United States, many hard-hit stocks may be poised to bounce back.

More »

Fifteen Canadian stocks with dividend staying power

IAN TAM

What are we looking for?

Canadian companies paying sustainable dividends.

The screen

One of the pitfalls of dividend investing is the fact that yield alone can be a deceiving metric.

A company with sustainable yields over the long term will need to support dividends with sufficient cash flow and earnings.

More »

Amid increasing market volatility, 12 stocks that may be oversold

Patrick Gattuso

What are we looking for?

Mid-cap companies in the United States and in Canada that are trading in a long-term uptrend but are considered oversold because of a recent short-term decline in price.

The screen

The S&P 500, Nasdaq and TSX have been trading in a sideways pattern since March because of increasing volatility and looming uncertainty in financial markets.

More »

Number Cruncher Contributors

Ted Dixon, CFA

E-mail this writer

Ted Dixon is co-founder of INK Research. INK stands for Insider News and Knowledge and through www.inkresearch.com is Canada's first on-line financial news and research service providing investor insight into what public company executives and significant shareholders are doing with their ownership interests.

Follow Ted on Twitter @TedDixon

Charles Martin, CFA

E-mail this writer

Charles Martin, CFA, works in the Financial and Risk unit of Thomson Reuters and specializes in asset management.

Craig McGee, CFA

E-mail this writer

Craig McGee, CFA, is a portfolio manager with The Ullman Group at Richardson GMP in Toronto.

Products
  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
NEWS APP
Other Sections