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URL:  http://boards.fool.com/dow30-redux-30353604.aspx

Subject:  DOW30 redux Date:  11/1/2012  8:21 AM
Author:  Jim2B Number:  40763 of 41902

I've still got cash sitting on the sidelines, which makes me cringe so I'm looking at this again.

Using BMW as a screen, I find the following suggestions (based upon RF & ER):

3M
AA
BAC
XOM
GE
HPQ
JNJ
JPM
MRK
PG
UTX

I screen this list to remove bank stocks and stocks in distress (HPQ!) and these remain:

3M
AA
XOM
JNJ
MRK
PG
UTX

and for non-BMW reasons I find CAT, CVX, and INTC interesting.

Here are my thoughts:
3M
The stalwart of stalwarts. All it's numbers look good, but not great. I love the company but don't see a compelling reason to buy its stock at this time. 3M on average outperforms the market (and is currently throwing off earnings to the tune of 6+% of it's stock price) so you could do a lot worse than buying 3M right now.

AA
A traditional cyclical. It's fundamentals look terrible right now. This is due to suppressed aluminum prices (due to a slow global economy). AA will recover and provide a nice return when it does. I do not expect the world economy to turn around in under a year or two. In the meantime, this stock won't do much of anything. Also the company has historically underperformed the m