Wednesday, February 14, 2007

Fundamental scan

I was playing around with the MSN Deluxe Screener looking for potential stock picks. The list below features stocks with a market cap less than, or equal to annual reveneues; an average 5-yr dividend yield greater than 4%, and a return on equity of 17% or more:

Olin Corp (OLN) looks pretty good with a steady dividend and regular increases to that dividend - it is also optionable, allowing for additional income by selling covered calls. Support at $15 - resistance at $25. Dollar-cost-averaging would be a good strategy here.