There is no doubt that, based on pure, cold, logical data, stocks are the single best long - term performing
asset class
for disciplined investors who are not swayed by emotion, focus on earnings and dividends, and never
pay too much
for a stock, often as measured on a conservative beginning earnings yield
relative to the Treasury bond yield basis.
This screen looks
for unpopular dividend -
paying companies with low price - earnings and price - to - book ratios that are exhibiting positive earnings and have a reasonable amount of long - term debt
relative to net working capital (current
assets less current liabilities).