Most all of us have a few speculative stocks in our port. Please share your favorite MOMO, or busted dreams, deep value yield trap turn-around picks here.
I guess my current fave is Olin OLN. It's a chemicals company that sells ammo and other product to the US GOV and the recreational shooters. They own Winchester but it's a small part of their foray. CFRA has a strong buy opinion on them. If anybody doesn't have access to CFRA reports I could email some propoganda, err stock research reading material.
I only own 50 shares long but it is volatile and I sell covered puts on every dip with considerable success so far. In the end I intend to be about 1% of port. IMO it's only speculative if you pay too much. Cyclical for sure as they sell chemicals. Did I mention the Div is 5%+ ?
What else you guys and gals got?
I guess my current fave is Olin OLN. It's a chemicals company that sells ammo and other product to the US GOV and the recreational shooters. They own Winchester but it's a small part of their foray. CFRA has a strong buy opinion on them. If anybody doesn't have access to CFRA reports I could email some propoganda, err stock research reading material.
I only own 50 shares long but it is volatile and I sell covered puts on every dip with considerable success so far. In the end I intend to be about 1% of port. IMO it's only speculative if you pay too much. Cyclical for sure as they sell chemicals. Did I mention the Div is 5%+ ?
What else you guys and gals got?