(12-06-2013, 10:58 AM)TomK Wrote: I almost posted this in Ronn’s “Thoughts on tech” thread, but then figured that would be a hijack, since that thread is really about CSCO vs ORCL vs QCOM. It made me want to start a more general conversation about tech stocks in a dividend growth portfolio.
I've always been pretty wary of tech in general as part of my DG portfolio, since I really want names that I can have a strong chance of holding for decades. Tech moves so fast (relatively), that I just don't have that confidence. Lately, though, I'm thinking that I should give it a closer look. There are clearly some strong companies in the space, and it would help to diversify my portfolio some.
As a starting point, I'd love to develop a better understanding even of the universe of stocks that you all think are "tech" and also quality candidates for a dividend growth portfolio. The names I seem to see often are:
MSFT, IBM, INTC, AAPL, CSCO, QCOM, ORCL
Is this the right universe, or are there others that should be on the list?
What percentage of your DG portfolio are you comfortable devoting to tech?
Intel has paid the same dividend for 6 quarters now and I'm not sure they will raise it Q1 like some people are hoping. I sold my position and wouldn't consider it in my DG portfolio unless I was ok with not having dividend raises every year(I'm not). It is a very cyclical company.