/biz/ - Business & Finance

>>18402178
I was doing that very thing in the meanwhile. Here's an example screen that I ran on Finviz. Here's a pure screen that filters for stocks with positive EPS and sorts by PE ratio from lowest to highest. We can that the results yield a result set with not just good sector diversity, but also with strong foreign exposure. Knowing that the long-term return on a stock investment should approximate the earnings yield (earnings over price, or the inverse of the PE ratio), we can see that these stocks offer very promising returns. For instance Oi S.A. has a PE ratio of just 0.01 (we might want to independently verify that before purchasing any stock). Warren Buffet has spoken of the idea of buying a dollar for fifty cents. This is like buying a dollar of earnings for a penny. Imagine the long-term return on this one.
https://www.finviz.com/screener.ashx?v=111&f=fa_pe_profitable&ft=2&o=pe

Now, I couldn't help but notice that Berkshire Hathaway (BRK.B) is listed here with a PE ratio of 0. There's no way that could be correct, so I would probably exclude that one from the list, but the rest of these are probably winners, especially as a diversified group.