Picking a winning stock can be difficult, even in the best of times. But when the market is coming off its worst May in two years — and the biggest single-day selloff of the year on Friday — finding a safe place to grow your money can be downright scary.
CNBC performed an analysis that could unlock some value even in this market.
First, we took the S&P 500 and screened for all the stocks trading below their 200-day moving averages. Then, we took the nearly 300 names and screened for dividend yields above the index average. Still, that number was extremely high – almost 150 stocks. When year-over-year revenue growth above 20-percent was factored in, 19 stocks popped up on the screen.