At $46.3 last in AAL you are looking at 15% or so in earnings yield using
$1.25 for April 2016 $1.77 for July 2016 $2.80 for October 2016 $0.92 for January 2017 --------------- $6.74 in earnings / $46.3 last for AAL shares 14.55% yield. ---------------- I like how this chart is displaying the earnings at each quarter's "Key Earnings Level" so you can see which earnings are higher or lower, based on seasonality. Look at the earnings yield of AAL when the stock was at $25 briefly in June 2016 - The trailing earnings were $8.64 which put the EARNINGS YIELD at OVER 30%!!!!
I think you can see what attracted Warren Buffett to the sector and made him accumulate large positions across the sector. You can research which ones he purchased, but even 3 quarters later the earnings yield had you purchased at $25 is well over 20%. The key is knowing what your return requirement is when you go hunting for stocks.
@Dave.seremek, Good question Dave. I have fundamental data on my charts so I can quickly assess the valuation, so I try to be aware of it all the time. The TV screener is great too. I am a big "free cash flow" fan too, since that most closely correlates to what it is like to "own the business".
dave.seremek
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@timwest, I was just wondering if you screened thousands of stocks to get a hot list of high earning yielding stocks then drilled down to the charts to look for ones that meet you trading specifications.
timwest
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@Dave.seremek, I do screen names from time to time at the end of the year to look for cheap and beaten down stocks. This time, however, I found it because I follow it.