As the world continues monitoring geopolitical turmoil around the globe, GuruFocus’ value screeners continue to find investing opportunities by applying teachings from investing legends like Ben Graham, Peter Lynch and Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial) co-managers Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio).
U.S. markets rebound as crude oil prices fall from multi-year high
On Wednesday, the Dow Jones Industrial Average closed at 33,285.36, up 652.72 points, or approximately 2% from Tuesday’s close of 32,632.64.
Likewise, the Standard & Poor’s 500 index closed at 4,277.88, up 107.18 points, or approximately 2.57% from the previous close of 4,170.70.
Stocks rebounded from the early-week selloff as crude oil prices tumbled more than 12% following an early-March rally stemming from escalating geopolitical turmoil. West Texas Intermediate crude oil prices traded around $108 per barrel, down from the 13-year high of $130 per barrel.
According to the Aggregated Statistics Chart, a Premium feature of GuruFocus, the mean day’s change of the S&P 500 stocks is 2.85% with a median of 2.93%.
Value screeners continue finding investing opportunities
As the geopolitical situation produces market volatility, GuruFocus’ value screeners, a Premium feature, continue updating the number of stocks making each screener. Table 1 lists the number of stocks making each of GuruFocus’ popular screeners for each region.
Screener | USA | Asia | Europe | Canada | UK / Ireland | Oceania | Latin America | Africa | India |
Ben Graham Net-Net | 234 | 483 | 290 | 43 | 19 | 9 | 11 | 9 | 169 |
Undervalued-Predictable | 211 | 286 | 454 | 16 | 83 | 10 | 188 | 24 | 78 |
Buffett-Munger | 47 | 109 | 141 | 6 | 26 | 5 | 54 | 4 | 34 |
Historical Low Price-Sales | 141 | 241 | 229 | 5 | 46 | 2 | 66 | 13 | 39 |
Historical Low Price-Book | 164 | 299 | 170 | 7 | 49 | 5 | 80 | 16 | 49 |
Peter Lynch Screener | 123 | 149 | 148 | 4 | 27 | 3 | 44 | 5 | 10 |
52-week Low Stocks | 1712 | 4468 | 1135 | 125 | 501 | 92 | 245 | 18 | 576 |
52-week High Stocks | 150 | 143 | 82 | 49 | 19 | 9 | 41 | 8 | 138 |
High Dividend Stocks | 130 | 63 | 179 | 5 | 24 | 7 | 54 | 13 | 21 |
Table 1
While Ben Graham’s Net-Net screen looks for deep-value stocks with good financial strength, the Undervalued-Predictable and Buffett-Munger Screeners look for stocks with high business predictability that are trading at a discount to certain intrinsic value calculations. The Undervalued-Predictable Screen considers the discounted cash flow model while the Buffett-Munger Screener applies the price-earnings-to-growth ratio. The Historical Low Price-Sales and Historical Low Price-Book Screeners look for predictable stocks that are trading at most 50% above the 10-year low.