Power Corporation (POW.TO) is another stock that no longer meets my screening criteria. This is because it’s price has risen so much that it is no longer good value. This is good – I made a big profit!
- Sell POW.TO @ $32.10
I originally bought Power Corp for $26.20 back on 25th April 2013. During my period of ownership the stock paid three dividends each 29c. The total gain was therefore $6.77 per share. This is a gain of 25.8% in 8 months. A good call.