It’s TIME! The new and improved Buffett Score is here. Things are cleaner, my code runs faster, and it’s a much smoother process to get things done. So, without further adieu, here is December 2022’s Buffett Score update.
33 Stocks
There are 33 stocks that make the list. This is quite the drop from the last time the score was run, mainly due to a changing economic environment. For example, one element of the score is that a stock must have an earnings yield greater than the ten year treasury rate. With the ten year treasury climbing higher and higher as the months go on… well, you get the idea.
Here are this month’s stocks in alphabetical order:
| Ticker | Name | Sector |
|---|---|---|
| AAPL | Apple Inc | Computers |
| AMAT | Applied Materials Inc | Electronic Equipment |
| BIIB | Biogen Inc | Pharmaceutical Products |
| CORT | Corcept Therapeutics Inc | Pharmaceutical Products |
| CSCO | Cisco Systems Inc | Computers |
| EVR | Evercore Inc | Trading |
| FHI | Federated Hermes Inc | Trading |
| GNTX | Gentex Corp | Automobiles and Trucks |
| HCC | Warrior Met Coal Inc | Coal |
| INVA | Innoviva Inc | Pharmaceutical Products |
| ITW | Illinois Tool Works Inc | Machinery |
| KFRC | Kforce Inc | Business Services |
| LOPE | Grand Canyon Education Inc | Personal Services |
| LPX | Louisiana-Pacific Corp | Construction Materials |
| LSTR | Landstar System Inc | Transportation |
| MARPS | Marine Petroleum Trust | Trading |
| MCFT | Mastercraft Boat Holdings Inc | Shipbuilding Railroad Equipment |
| MED | Medifast Inc | Food Products |
| MSB | Mesabi Trust | Trading |
| NVEC | Nve Corp | Electronic Equipment |
| NVR | Nvr Inc | Construction |
| POWI | Power Integrations Inc | Electronic Equipment |
| RGR | Sturm Ruger & Co Inc | Defense |
| RHI | Robert Half International Inc | Business Services |
| SEIC | Sei Investments Co | Trading |
| SIG | Signet Jewelers Ltd | Retail |
| SIGA | Siga Technologies Inc | Pharmaceutical Products |
| SWBI | Smith & Wesson Brands Inc | Defense |
| TER | Teradyne Inc | Measuring and Control Equipment |
| TROW | Price T Rowe Group Inc | Trading |
| TXN | Texas Instruments Inc | Electronic Equipment |
| UG | United Guardian Inc | Consumer Goods |
| WSM | Williams Sonoma Inc | Retail |
There are some expected names on the list, at least for me going into it. Apple is one of the highest quality companies in the world, and a key part of Buffett’s portfolio. Texas Instruments, too, is a company I would point to if someone asked about “high-quality.”
There are some others that are, at a glance, a bit of a double take. Mesabi Trust is a trust that benefits from mining operations, I guess without other business operations it makes it rather simple to get a perfect score.
Williams Sonoma, seller of high end cooking and furniture (via Pottery Barn) does not strike me as high-quality, but I guess they’re doing some things right.
What’s Next For The Buffett Score?
First, if you haven’t subscribed to the newsletter, please do. You get a once monthly email (maybe 2 if something special happens) that contains high-quality investment ideas like the ones you’re seeing here.
Second, please like and share on Reddit. I’ve posted in the Value Investing subreddit, a sub that helped grow the popularity of this score originally.
As for what’s next, monthly updates! Going forward, BuffettScore.com will list stocks that have been added, and those that have been removed along with a complete listing on the homepage.
I’ll also be picking a random stock to do a deep dive on. Almost certainly, that deep dive will be posted on Seeking Alpha, just because that supports the type of writing a little better, but links will be added to future posts for those who want to check it out.
This month’s “random” stock will be Gentex. I know absolutely nothing about this company other than what I see on its homepage so it should be fun to dive in a little bit and understand more about how it ended up passing every check on the Buffett Score checklist.
Thanks For Reading
Thanks for reading. I’d love to answer any questions you might have and the best way to reach me with those questions is on Twitter (@ashjanderson) or by commenting on the Reddit post.
I’ll see you next month!