As investors continue grappling with surging coronavirus cases across the U.S., GuruFocus continues listing investing opportunities across several Premium value screeners.
Dow sets new intraday high amid new waves of coronavirus cases in the US
On Thursday, the Dow Jones Industrial Average hit a new record intraday high of 35,510.77, topping 35,500 for the first time in history. Despite this, the 30-stock index closed at 35,493.16, up just 8.19 points from Wednesday’s close of 35,484.97 as investors continue monitoring new waves of Covid-19 cases in the U.S.
The Centers for Disease Control and Prevention said that 90% of the U.S. meets the criteria in which masks are recommended indoors for counties with “high or substantial” transmission of the virus. On Wednesday, the U.S. recorded 132,384 new cases of Covid-19 cases, reflecting a seven-day average of 113,000 new cases per day. The seven-day average of new cases increased 24% from the prior week while hospitalizations increased 31%.
GuruFocus’ value screeners continue identifying opportunities
As investors watch impacts of new virus cases, GuruFocus’ major value screens continue seeking for investing opportunities. Table 1 lists the number of stocks making key value screens like the Benjamin Graham Net-Net Screen, the Undervalued-Predictable Screen and the Buffett-Munger Screen.
Screener | USA | Asia | Europe | Canada | UK / Ireland | Oceania | Latin America | Africa | India |
Ben Graham Net-Net | 155 | 424 | 179 | 40 | 23 | 9 | 7 | 6 | 192 |
Undervalued-Predictable | 164 | 265 | 291 | 25 | 89 | 7 | 144 | 19 | 78 |
Buffett-Munger | 20 | 103 | 77 | 6 | 23 | 4 | 27 | 1 | 32 |
Table 1
While the Ben Graham Net-Net Screen focuses on the stocks that are trading below net current asset value, both the Undervalue-Predictable Screen and Buffett-Munger Screen look for stocks that have high business predictability and are trading at or below intrinsic value. The former screen considers the discounted cash flow value while Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial) co-managers Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)’s screener considers the price-earnings-to-growth ratio of companies.
Table 2 lists the number of stocks making other major value screens listed underneath the GuruFocus Screeners tab.
Screener | USA | Asia | Europe | Canada | UK / Ireland | Oceania | Latin America | Africa | India |
Peter Lynch Screen | 43 | 61 | 38 | 2 | 9 | 1 | 14 | 3 | 6 |
Historical Low Price-Book | 98 | 232 | 107 | 2 | 35 | 0 | 70 | 15 | 26 |
Historical Low Price-Sales | 68 | 196 | 77 | 0 | 24 | 0 | 42 | 10 | 23 |
52-week Lows Stocks | 1434 | 3498 | 1418 | 120 | 410 | 65 | 585 | 70 | 258 |
52-week Highs Stocks | 3313 | 2397 | 5203 | 308 | 1970 | 289 | 897 | 255 | 984 |
Dividend Stocks | 62 | 56 | 141 | 3 | 11 | 8 | 19 | 10 | 12 |
Table 2