The market has had a torrid run since the March 9 low,
ascending a whopping 61%. While rising prices wiped out some
of
the most appealing valuations seen in decades, this surge
in stock prices doesn't mean you've missed the boat. And it
shouldn't deter you from making a wish list of stocks you'd
like to snag for your portfolio.
If this truly is the beginning of a new bull market, then
there's still room to run from here. And if a pullback is
looming, prices will correct and create more attractive entry
points for investors. Either way, if you research and build a
list of stocks you'd want to own, you'll simply need to wait
until each stock reaches your preferred price to pounce. The
volatility in this environment should provide you
opportunities to do exactly that.
To start assembling my very own stock wish list, I used
the Fool's
CAPS screenerto find premium companies such as
Apple , which has outperformed the S&P
500 by 28% per year on average for the past 10 years.
To screen for some of the
market's best stocks, I used the following criteria:
Market
capgreater than $10 billion, which suggests
stability.
A
current ratioof at least 1, to ensure sufficient
liquidity to meet current liabilities.
Return on equity north of 15%, to demonstrate
efficiency and profitability.
Five-star
rating, our CAPS community's highest
rank.          Â
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You can review
my results in fullif you like; here are some of the
highlights:
Company
Market Cap
(in Billions)
Current Ratio
Return on Equity (TTM)
Johnson & Johnson (NYSE: JNJ)
$172.3
1.8
27.5%
National Grid (NYSE: NGG)
$22.9
1.0
23.9%
PepsiCo (NYSE: PEP)
$95.1
1.3
36.3%
Schlumberger (NYSE: SLB)
$76.9
1.8
22.7%
Transocean (NYSE: RIG) Continued... |