New Watchlists - January 2023

Introduction

We created an updated set of watchlists that we think will be of interest to the Stock Rover community. The watchlists contain a number of different investment candidates across a diverse set of qualifying criteria. The watchlists were created on January 1st, 2023.

Each watchlist contains an interesting set of tickers that follows a specific investment theme. Together they form a good starting point from which promising investment candidates can be developed.

In addition, there is a companion set of screeners that can be run to create the set of passing stocks for the associated investment theme at any time. Each screener, when run, will generate a list of tickers that corresponds to the screener’s mission in life: for example, finding the top 25 stocks in the S&P 500 by dividend growth.

January 2023 Watchlists

Any of the new Watchlists listed below can easily be imported into your Stock Rover account from the Stock Rover Investor’s Library as shown in the screenshot below.

Best S&P 500 Performers – 2022

The best 25 S&P 500 Performers in 2022 – January 1st to December 31st.

Worst S&P 500 Performers – 2022

The worst 25 S&P 500 Performers in 2022 – January 1st to December 31st.

Novy-Marx Quality – Jan 2023

These stocks were found with the Novy-Marx Quality screener, which looks for quality stocks as measured by gross profits over total assets, momentum as measured by 1 year price change and value as measured by low price to book ratios. This screener also filters out stocks with very low market caps and trading volumes. These were the top 50 stocks returned when run on January 1st, 2023.

Dogs of the Dow – Jan 2023

The 10 highest yielding dividend stocks in the Dow Jones 30, otherwise known as the Dogs of the Dow. As of January 1st, 2023.

Top 25 S&P 500 Dividend Growers – Jan 2023

The 25 fastest dividend growers in the S&P 500, looking at a weighted average of the dividend growth rates for the 1 year period through the 10 year period, as well as expected future dividend growth rates. A minimum yield of 1.5% and a payout ratio of less than 75% is required to be included in the watchlist. As of January 1st, 2023.

Top 25 S&P 500 Revenue Growers – Jan 2023

The 25 fastest growing S&P 500 companies by revenue growth, looking at a weighted average of the revenue growth rates for the 1 year period through the 10 year period. As of January 1st, 2023.

Top 50 Dividend Growers – Jan 2023

The 50 fastest dividend growers across all North American exchanges, looking at a weighted average of the dividend growth rates for the 1 year period through the 10 year period, as well as expected future dividend growth rates. A minimum yield of 1.5% and a payout ratio of less than 50% is required to be included in the watchlist. Additionally, the company must have a market cap of at least 5 billion dollars. As of January 1st, 2023.

Top 50 Revenue Growers – Jan 2023

The 50 fastest revenue growers across all North American exchanges, looking at a weighted average of the revenue growth rates for the 1 year period through the 10 year period. Also a minimum of 3% future expected revenue growth for the current year and the next is required to be included in the watchlist. Finally all passing companies must have a market cap that exceeds 5 billion dollars. As of January 1st, 2023.

Fifteen Large REITS – Jan 2023

Fifteen of the largest REITs by market cap as of January 1st, 2023.

The Big Twenty of MLPs – Jan 2023

Twenty of the largest MLPs (Master Limited Partnerships) by market cap as of January 1st, 2023.

Top 25 ETFs by Market Cap – Jan 2023

The Top 25 ETFs by Market Cap as of January 1st, 2023.

Top 25 ETFs by Volume – Jan 2023

The Top 25 ETFs by trailing three month average daily shares traded as of January 1st, 2023.

Historical Watchlists

Note all of the above watchlists have historical counterparts that are also available in the library. They have the same name as the above watchlists, but end with the earlier date period they cover, for example, Top 50 Dividend Growers – Jan 2022.

Importing the older version of each watchlist, and then seeing how the stocks or ETFs in the watchlist performed over the historical period can give you a really good idea on the relative success of the associated investment strategy in the current market climate.

Companion Screeners

The companion screeners that generate the stocks and ETFs that are the members of the new watchlists are listed below.

Any of these Screeners can easily be imported into your Stock Rover account from the Stock Rover Investor’s Library as shown in the screenshot below.

Note: The screeners listed below require a Premium, or in some cases a Premium Plus Stock Rover account. The Plan column in the following screenshot shows the required plan.

Top 25 S&P 500 Dividend Growers

The 25 fastest dividend growers in the S&P 500, looking at a weighted average of the dividend growth rates for the 1 year period through the 10 year period, as well as expected future dividend growth rates. A minimum yield of 1.5% and a payout ratio of less than 75% is required to pass the screener.

Top 25 S&P 500 Revenue Growers

The 25 fastest revenue growers in the S&P 500, looking at a weighted average of the revenue growth rates for the 1 year period through the 10 year period. Also a minimum of 3% future expected revenue growth for the current year and the next is required to pass the screener.

Top 50 Dividend Growers

The 50 fastest dividend growers across all North American exchanges, looking at a weighted average of the dividend growth rates for the 1 year period through the 10 year period, as well as expected future dividend growth rates. A minimum yield of 1.5% and a payout ratio of less than 50% is required to pass the screener. Additionally the company must have a market cap of at least 5 billion dollars.

Top 50 Revenue Growers

The 50 fastest revenue growers across all North American exchanges, looking at a weighted average of the revenue growth rates for the 1 year period through the 10 year period. Also a minimum of 3% future expected revenue growth for the current year and the next is required to pass the screener. Finally all passing companies must have a market cap that exceeds 5 billion dollars.

ETF Top 25 by Size

Find the top 25 ETFs by largest market cap.

ETF Top 25 by Volume

Find the top 25 ETFs by largest trading volume.

The 15 Largest REITs by Market Cap

Select the 15 Largest REITs by Market Cap from the Real Estate Sector.

The 20 Largest MLPs by Market Cap

Select the 20 Largest MLPs by Market Cap from the Oil & Gas Midstream Industry of the Energy Sector.

Conclusion

The new watchlists that have been added to the Stock Rover Investors Library can give you a great head start to find some interesting investment candidates in 2023.

When you consider a given watchlist as a source of possible investment ideas, be sure to take the second step and import the corresponding historical version of the watchlist into your account. Then you can see real world data on how the watchlist has performed from its inception until now.

Looking at the historical performance will give you a good reading on whether the watchlist contains stocks that have good momentum and are performing well in the current environment. Or conversely, have negative momentum and are performing poorly. In either case, the information can be helpful to indicate what is working and what is not working and aid you in making more informed investment decisions.