(10-25-2018, 07:51 PM)DividendDragon Wrote: Sorry I haven't posted in a while.I like a few stocks on that list. If I started over V would be my only financial stock. Dividend is weak but it's a steady performer that avoids the interest rate risk of the banks. I think BABA is a good LT play. I would not touch it until the trade wars and Chinese stock market meltdown subsides though. It may be fine but I wouldn't be shocked to see it drop farther. FB has years of growth left and it already took a beating so it might be time to start averaging in since the US market seems to get hammered several times a week. SBUX is interesting but it never seems to get on my top ten buy list. I'm going to hope you don't get a bloodbath to buy Adobe. I've had about enough tech blood lately thank you.
I have been buying FB (Heavily), TECHY (Heavily), ADBE (Nibbling), BABA (Standard), SBUX (Standard), V (Adding to current position).
I know FB isn't a divi stock but I think it will be in future maybe 5-10 years but who knows. I think it's oversold here and people are underestimating its huge moat and insane cash generation. The $40bn in the bank is nice too.
Tencent and BABA are a bit more of a roll of the dice admittedly but are also both very cheap here imo, given the irrationality of markets towards Chinese stocks. I would be heavier BABA if it wasn't for the shaky way in which its listed. Don't hate me since BABA isn't a dividend stock. We all have room for a small spec stock I'm sure!
Adobe is expensive hence the nibble as opposed to the full position, hoping for a bloodbath so it collapses.
Both SBUX and V have been discussed already
What do you guys think of these buys? Would be great to have some insights, support or counter-narrative!
Cheers,
Lewys
As far as T they need to pay down some debt and they say they can accomplish much of that in 2019. Their cash flow is good and the stock acts like a utility. A lot of days it even trades counter to the market like a utility. The dividend is just hard to pass up. Verizon is probably a better bet for total return unless T gets their act together soon. I see more aquisitions in their future but they better absorb this one correctly first.