Sunday, May 24, 2009
Posterous | Re: now is a time to get long in stocks that pay
getting better at posting, pictures, etc. lookout ya'll
now is a time to get long in stocks that pay
The market is getting choppy and that makes it difficult to pick big short-term movers. This is when i'm going to get into positions that are stable and pay their owners to wait for gains.
I'm liking ABT - Abott Labs is only 6.5% above its 52 week low. So this is bottom fishing!! Lots of upside potential. I believe as much as 30% upside within a year. While one waits ABT will be paying a 3.6% dividend! Even after the stock market melt down of the past 12 months this remains a 60 billion dollar capitali$t monster!! Its quick ratio of 1.26 and payout ratio less than 50% means one will be safe reinvesting those dividends to compound the wealth! My target on ABT is $54.00 . While ABT is trading near a low now is the time to consider buying and holding!
Another to think about buying, reinvesting the dividend and holding is DBD - Diebold. These guys pay a 4.2% dividend and have a payout ratio of 65%. Their quick ratio of 1.4 means their finances are pretty safe. Think about it their vaults and safes and secure doors and ATM machines are everywhere. My target on DBD is $33.00 .
CALM is another great dividend payor. Cal-Maine Foods is the largest egg company in the US and one of the largest on the planet! They are paying 7.2% dividend. Reinvest this one for sure, reinvest!! Payout ratio is only 2.5% and quick ratio is 1.2. Those numbers mean rock solid financial safety! CALM has been moving sideways after falling. We are now at a great price for entry. My target for CALM is $32.00 .
When the market is getting Toppy it is hard to bottom fish too much or find rocket ship stocks, yet the bias is still long. These are the times to get paid some quality dividends.
Thats fun trading!!
I'm liking ABT - Abott Labs is only 6.5% above its 52 week low. So this is bottom fishing!! Lots of upside potential. I believe as much as 30% upside within a year. While one waits ABT will be paying a 3.6% dividend! Even after the stock market melt down of the past 12 months this remains a 60 billion dollar capitali$t monster!! Its quick ratio of 1.26 and payout ratio less than 50% means one will be safe reinvesting those dividends to compound the wealth! My target on ABT is $54.00 . While ABT is trading near a low now is the time to consider buying and holding!
Another to think about buying, reinvesting the dividend and holding is DBD - Diebold. These guys pay a 4.2% dividend and have a payout ratio of 65%. Their quick ratio of 1.4 means their finances are pretty safe. Think about it their vaults and safes and secure doors and ATM machines are everywhere. My target on DBD is $33.00 .
CALM is another great dividend payor. Cal-Maine Foods is the largest egg company in the US and one of the largest on the planet! They are paying 7.2% dividend. Reinvest this one for sure, reinvest!! Payout ratio is only 2.5% and quick ratio is 1.2. Those numbers mean rock solid financial safety! CALM has been moving sideways after falling. We are now at a great price for entry. My target for CALM is $32.00 .
When the market is getting Toppy it is hard to bottom fish too much or find rocket ship stocks, yet the bias is still long. These are the times to get paid some quality dividends.
Thats fun trading!!
Rally or Pullback ?? just choppy
We are still trending up as best I can tell. However, market is trading like its getting tired and needs to correct.
I like to keep an eye on the nasdaq bullish percent. As long as we see this indicator above 50 the overall trading bias is upward.
The Wilshire 5000 is a whole market index containing far more than 6000 symbols. I also use the weekly chart of the wilshire to gage market direction.The weekly 5000 is moving up.
so my bias in trading remains long!!
I like to keep an eye on the nasdaq bullish percent. As long as we see this indicator above 50 the overall trading bias is upward.
The Wilshire 5000 is a whole market index containing far more than 6000 symbols. I also use the weekly chart of the wilshire to gage market direction.The weekly 5000 is moving up.
so my bias in trading remains long!!
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