No. of Recommendations: 8
That 7% growth rule is doing a lot of analytical work in the screen. Easier for Buffett, I'm sure, but a very hard ask for mere mortals.
As a poor proxy, I had a glance at S & P 500 companies with a forward P/E under 15, and that have (1) EPS growth in this year of 5%+, (2) projected EPS growth next year of 5%+, and a nominal 5 year growth rate over the past 5 years in excess of 20%.
My screen spit out twelve names:
TPR (Tapestry)
HIG (Hartford)
RL (Ralph Lauren)
VICI (REIT/casinos)
FSLR (First Solar)
WRB (WR Berkley)
HCA (HCA Healthcare)
AXP (Amex)(I own some, not just via BRK, and am kicking myself for not adding more with the last drop)
TXT (Textron)
ULTA (Ulta Beauty)
NI (NiSource)
MCK (McKesson)
Same screen restricted to NASDAQ 100 nets zero. 89 in total without the S & P 500 index restriction.