This portfolio is made up of the 15 defensive stocks that are trading at the lowest PE Ratio. The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list. Every week we will examine the portfolio’s performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends. The list of defensive stocks is made by following modernized Benjamin Graham strategies, and PE Ratio is calculated using an average of the previous 5 years’ earnings per share (EPS).
We have decided to provide the list of Defensive Low PE stocks on a weekly basis. The portfolio will continue to be rebalanced once a month, but the actual list will be posted every week.
Here is this week’s list of Defensive Low PE stocks:
|PHM||PULTE HOMES, INC.|
|MDC||M.D.C. HOLDINGS, INC|
|RYL||RYLAND GROUP, INC|
|DHI||D.R. HORTON, INC.|
|TOL||TOLL BROTHERS, INC.|
|ORI||OLD REPUBLIC INTL|
|FNF||FIDELITY NAT’L FIN’L|
|CB||CHUBB CORP (THE)|
There were a no transactions this week.
This portfolio underperformed the Dow and S&P 500 indexes this week, but has significantly outperformed them overall.