Kenneth Fisher’s 3 top stock picks for Q3

Ken Fisher is a businessman, chairman and also Fisher Investment’s CEO, which is a firm placed in California. Kenneth Fisher writes in the column “Portfolio Strategy” in Forbes magazine. Furthermore, he is one of the wealthiest Americans and a part of Forbes’400 world billionaires. The funds which are run by himself at Fisher Asset Management had value at 34.91 bn dollars. The three best yielding dividend stock picks of Fisher are GlaxoSmithKline, Pfizer and General Electric.

The market capitalization of GlaxoSmithKline is 107.56 bn dollars and it is currently employing around 98 thousand people, it generates revenue of around 44.150 m dollars and it also has a net income of 8.798 bn dollars. Its EBITDA and its earnings before interest amounts to 14.844 bn dollars. 33.62 is the percentage of the EBITDA margin. 36.27 of the company’s assets is the percentage representing the total debt. Because of the current financial situation, there was a realization of 62.18 per cent return on equity. The P/E ratio of GlaxoSmithKline is 13.66, its P/E ratio is 2.42, and its P/B ratio is 8.48. Its beta ratio has a value of 0.65 and the dividend yield is 5.31 per cent.

The second best yielding dividend stock pick of Ken Fisher is Pfizer with a 184. 65 bn dollars market capitalization. Furthermore, it currently employs 103,7k people, it generates revenue of 67.425 bn dollars and its net income is 8.739 billion dollars. Its EBITDA and its earnings before interest have the amount of 23.011 bn dollars. Its EBITDA margin is 34.13 per cent. 20.72 of the company’s assets is the percentage representing the total debt and the total debt concerning the equity is 47.39 per cent. Moreover, the return on equity was 10.24 per cent. The company’s P/E ratio is 20.03, its P/S ratio is 2.74 and its P/B ratio is 2.31. Its dividend yield is 3.83 per cent and its beta ratio’s value is 0.70.

The third top dividend stock pick of Fisher is General Electric, a company having 218.32 bn dollars market capitalization and currently employs 301k people. It generates revenue of 147.300 bn dollars and its net income is 14.366 billion dollars. Its EBITDA and earnings before interest amount for 31.015 bn dollars. The EBITDA margin is 21.06 per cent. The total debt represents 63.22 per cent of the company’s assets. 389.43 is the percentage which corresponds to the total debt in relation to equity. Its return on equity was 11.06 per cent. General Electric’s P/E ratio is 15.45, its P/S ratio is 1.48 and its P/B ratio is 1.89. Its dividend yield is 3.65 per cent and its beta ratio’s value is 1.61.