(Sidetrack: Happy Remi Day)
Recently came across someone saying that. Hence it flashed across my mind and I started asking myself if this is possible.
I have decided to use Stockscafe screener to aid myself to see if its possible.
Screener Settings
Current Yield > 8%
Projected Yield > 8%
P/E more than or equal to 1 (To ensure company is profitable minimally)
Close from 52 weeks low at least 30% (To ensure a 30% gain is somewhat possible)
Pre-screening thoughts
Given the tough environment in 2020 March, I believe 8% yield and 30% gain in share price is very possible if the shares were bought during that period.
As such some laggards would still be around even in April. The chances of finding them is highly possible.
However, if we were to use the share price on first trading day of 2021, I believe it is highly impossible
Screening Results (File can be downloaded on Investingnote at this link)...