03-29-2021, 10:49 AM
(03-29-2021, 08:41 AM)NilesMike Wrote: I always wanted to buy HRL and sadly never did.HRL is now like KO but even more boring and a better balance sheet. It perpetually looks over priced because that balance sheet is crazy good. It will never make me rich but I always own 100 or so shares. The annual Div raises are always there and intermittently very good. When I can sell a few puts with a 45-46 strike I sell 2-4 spreading out the strikes. When it gets around 50 I sell a call or two on my long shares. A lot of very low risk $50 bills over the course of a year add up enough to make it worth my trouble. I got nothing better to do with my low risk basket. It's been easy to make 10% annually. That's little money lately but I'd lose no sleep if I got stuck with HRL shares. They have cash to buy something cheap if the market ever crashes. That's likely their only path to future growth.
Also considering GS