New Stocks to watch

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Just bought GE at $32 pays a nice Div stock is close to a 52 week low.

2 weeks ago I got MO in the high 19 range pays $0.75 cents a share or (13.4%)


Of coarse the other 2 stocks I got rid of are doing well. My oil Stock AETUF is about $30 sold it at $27 and my NYB got back up to where I sold it at $19.50

[Gary1998 Member Find all posts View Profile Close Gary1998]

Frank, I just read that GE is getting out of the appliance business after more than 100 years. Will probably sell that unit. It might be a good booster for GE stock. Are you an "insider"?

[vintner Super Moderator Find all posts View Profile Close vintner]

Frank,.... Are you an "insider"?

Sorry Gary, I don't know why I am laughing at that. Frank could be an insider...I don't reeeeally know what he does.

I dumped a stock today, one of the FIL favorites. CVD. Not sure where I closed it out, but hit my trigger today and killed it.

On the other hand, all my other stocks were positive today.

[Gary1998 Member Find all posts View Profile Close Gary1998]

Don, I know Frank has "connections". Remember...the Sopranos visited him last year....

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

2 weeks ago I got MO in the high 19 range pays $0.75 cents a share or (13.4%)

Frank -- hate to give you bad news, but...

On March 31, Altria Group (MO) spun off Philip Morris (PM). The $0.75 quarterly dividend paid on 4/10 was a pre-split dividend, and PM took the lion's share of the dividend after the split ($0.46 quarterly).

Sorry -- your dividend rate will be nowhere near 13.4%.

Kurt

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

GE has been a great stock for me. I got in after the bubble burst and it dropped from the $40s to the low $20s (There's nothing like getting a good, solid company for half off!).

$32 is still a very good price. This is a classic long-term stock that should be a staple in everyone's portfolio, IMO.

Kurt

[vintner Super Moderator Find all posts View Profile Close vintner]

Yes, GE is a good company, but is it a good stock?
Five years ago, GE was about 25. Now, 32.
HD five years ago 27, now 28.
Both GE and HD have been in the 40s before dropping back. Both stocks have dropped back from their high points more than they have had in their 5 year gain.
In the same 5 year period:
KO 38 then, 57 now.
UTX Opened at 28 5 years ago, today hit 75.
GIS opened at 40, today 62.
MOS opened just under 10. Today...over 129
FCX opened at nearly 15, today it is 124
X (United States Steel) 13 to 181
XOM (Exxon Mobil) 32 to 92.

No one can tell you that one stock will go up (or down) 5, 50, or 100%, but wouldn't it be nice to own a MOS or an X back then?

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

Yes, GE is a good company, but is it a good stock?
Five years ago, GE was about 25. Now, 32.

You also have to take into effect the dividend payout. GE has been paying a 3-5% dividend during that time (and if you bought in the lower 20's, your effective rate is much higher). It has generally paid a better dividend than most of the stocks you listed. Never underestimate the power of the dividend.

Kurt

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I have been tempted to buy GE, but I have this thing about companies that I hate. A few years ago my mrs. wouldn't let me buy tobacco stocks.

[vintner Super Moderator Find all posts View Profile Close vintner]

Let me first say I did a lot of work to put in the dividend yields for each of the stocks, plus listed some additional high yield stocks, then hit a wrong button when going between screens and I lost everything.

GE is the highest yield of that batch, but couple are close, and MOS has not div. I was in the process of adding a stock when I screwed up and lost everything. I was adding PCU as a high yield at over 5% plus this stock has gone from 4.76 to 116.35 in a 5 year period.

A couple sites to check out for research or stock grading:

First a site to help screen for stocks. Pretty well set up.
Morningstar: Stock Screener

Once you find stocks, Louis Navellier has a site that will grade them against his tools and categories.
Navellier - Stock Grader : Log In

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

On March 31, Altria Group (MO) spun off Philip Morris (PM). The $0.75 quarterly dividend paid on 4/10 was a pre-split dividend, and PM took the lion's share of the dividend after the split ($0.46 quarterly).

Just a quick follow-up on my previous post. I took a look at MO's website, and I confirmed the new dividend is $0.29/quarter. At yesterday's closing price, that is a 5.2% dividend yield. Still not too shabby.

Kurt

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Frank, I just read that GE is getting out of the appliance business after more than 100 years. Will probably sell that unit. It might be a good booster for GE stock. Are you an "insider"?

NO I listen to 1010 wins in early the morning and tune into CNBC as early as I can get out of bed.

Frank -- hate to give you bad news, but...

On March 31, Altria Group (MO) spun off Philip Morris (PM). The $0.75 quarterly dividend paid on 4/10 was a pre-split dividend, and PM took the lion's share of the dividend after the split ($0.46 quarterly).

Sorry -- your dividend rate will be nowhere near 13.4%.

Kurt

Now that I did not know but the stock has moved up in the last week since I bought it.


Look at this REIT stock. I own a lot of shares and that pays a nice div for an under $8 stock, HRP

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Just bought GE at $32 pays a nice Div stock is close to a 52 week low.

2 weeks ago I got MO in the high 19 range pays $0.75 cents a share or (13.4%)


Of coarse the other 2 stocks I got rid of are doing well. My oil Stock AETUF is about $30 sold it at $27 and my NYB got back up to where I sold it at $19.50

[vintner Super Moderator Find all posts View Profile Close vintner]

Watching Cramer's Mad Money, and he has his Kevlar stocks. These are stocks that are a little more bullet proof than the average stock.
His list:
MO (a Frank pick, I have owned and have dumped)
FCX (a stock I have owned on and off for some time)
FWLT
RIG

Just sharing a little Cramer for you this evening.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Watching Cramer's Mad Money, and he has his Kevlar stocks. These are stocks that are a little more bullet proof than the average stock.
His list:
MO (a Frank pick, I have owned and have dumped)
FCX (a stock I have owned on and off for some time)
FWLT
RIG

Just sharing a little Cramer for you this evening.

If Cramer is pushing it that means time to sell in 3-4 days.

here is another one that I had years ago and came close to re buying last week, Had the chance at buying at upper $12 low $13 FCH Pays $.35 a share.