Submitted by ModernGraham on Fri, 2018-04-13 11:42
By using the ModernGraham Valuation Model, I've selected the five best valued Dow components reviewed by ModernGraham which are suitable for the Defensive Investor and/or the Enterprising Investor according to the ModernGraham approach. Normally, I would have selected the five which are rated as undervalued by the Graham Formula (which is different from the Graham Number), I found that only one company meets both the criteria for the defensive and/or enterprising investor and is undervalued.
As a result, I've tweaked this screen slightly to include the companies trading closest to their estimated intrinsic value. After all, the market as a whole may be overvalued, but the intelligent investor still must seek out opportunities that limit downside risk.