10-15-2020, 03:10 PM
(10-15-2020, 02:03 PM)EricL Wrote:(10-15-2020, 01:45 PM)fenders53 Wrote:(10-15-2020, 01:20 PM)EricL Wrote: I have a few names by sector to consider on my website's High Dividend Growth Stocks page.Thanks Eric, I haven't been to your site for awhile. I will research the ones I am not familiar with
Looking at your question, here's my thoughts.
Tech: ACN, AVGO, MA, NVDA, V
Renewable Energy: NEE
REIT: AMT
Retailer: DG, TSCO
Industrial: NSC/UNP
Defense: LMT or LHX
Materials: SHW
NVDA-that was on the list. Thought I might buy a share and hope for a dip. Seems like a stock for the rest of my lifetime.
V-Have a modest position. Could "buy it" from my main port.
AVGO-Just put it on my watchlist this morning.
NEE- Already one of the largest positions in my main port.
DG- You read my mind. Some of this money came from flipping DG options. I need to go long. I can play with options in the main port. I see VERY few retailers that catch my eye short of a nasty correction.
LHX and LMT are out. Core positions in my main port.
Some of the industrials I have long considered have fleas. A rail is not out of the question for sure. UPS and FDX were obvious choices, but not currently. I don't want to make this too much about current valuation, but for now not chasing industrials than ran too far lately.
Still have a few stocks in mind but I'll hope they get mentioned here without prompting from me.
I LOVE the rails as long-term plays. They have monopolies, no new ones are being built, and they have pricing power.
I like UPS and FDX too, but long-term I'd much rather own railroads than shipping companies as I believe they are much more "Amazon proof".
CP, CSX, CNI, UNP and NSC have all returned 15+% annualized over the last 20 years compared with 5% from the S&P. Pretty remarkable how great of a business the railroads are.
Be very careful buying the rails right now. They are getting over valued, and if your patient enough better opportunities will come along. They are averaging 15% now because they have gone up so much, but history says they will drop at some point and that's when you buy. The time to buy these was when they were out of favor. Like back in March when NSC was at $123. Your chasing now
Same with FDX and UPS. Everyone hated both names just 6 months ago lol. Now there loved
The time to buy them was under $90 and $120. Too late now. They have had there runs!!My comments are not meant to scare you lol. I'm just saying a lot of patience is needed in this market. And just don't because you want the stock. The market always gives you opportunities.
And when you build a portfolio buy the leaders. They hold up the best and come back after a correction.
Tech - APPL, MSFT, AVGO, and MA
RETAIL- COST, SBUX, DG, HD and LOW
Utilities - NEE and AWK
Defense - LMT
Consumer - MKC, PEP and PG
Chemicals - APD
Restaurant - MCD
Rails - NSC
Industrials - ITW and WM
You can throw in a few name to have fun with as well like the Renewal energy names
