When analyzing stocks, cash is king. A higher free cash flow yield indicates that the company is generating good profits and is financially healthy.
For this strategy, I chose ten stocks that were in healthy sectors, had high free cash flow yield percentages, and a low PEG ratio.
The ten companies I selected for my initial test investment are:
- Bread Financial Holdings Inc (BFH)
- Siriuspoint Ltd (SPNT)
- Everest Group Ltd (EG)
- Northern Oil and Gas Inc (NOG)
- World Acceptance Corp. (WRLD)
- Under Armour Inc Class A (UAA)
- ODP Corp (ODP)
- Extreme Networks Inc (EXTR)
- Range Resources Corp (RRC)
- Powell Industries, Inc. (POWL)