06-24-2015, 02:10 AM
(06-23-2015, 05:41 PM)Dash Wrote:(06-23-2015, 02:47 PM)ChadR Wrote: Very good portfolio. Mine has a lot of overlap with yours. What stocks do you have on your watch list?
UNP, V, O, PSA, MA, PM, KO, PEP, MMM, VIAB, NSC, OKS, CVX, GE, ED
Some are just too expensive in general, or have some financial negatives that require me to only be comfortable to buy cheap.
For example, I wouldn't buy OKS, PM, ED or even CVX at fair value. I want them cheap or don't want them.
V, O, MA, MMM to me are just way too expensive right now IMO.
And call me a traitor to DGI, but I just don't see the next 50 years of Coke and Pepsi being what they previous 50 years have been. Soda/fake foods/transfats are the new tobacco. They will continue to exist and likely grow overseas but in the US the tide has turned, and I just don't love companies whose future growth is more dependent on foreign countries that I don't really understand. So paying over 20 times earnings for KO or PEP is not something I'm willing to do. If that means I never get them, I'm ok with that.
I tend to disagree because both of these brands have expanded well past their core of soft drinks into bottled water, sports drinks, energy drinks, and even quaker oats and humus.